Listing Information

MLS Number: A11654998
Status: Active
Unit Number: 205
Building Name: PALM LAKES
Building Address: 7210 Lake Cir Dr, Margate, Broward, FL 33063
Unit Size: 1,100 sq ft
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms:
Parking: 1 Space,Assigned Parking,Guest Parking
View:
List Price: $142,500 ($130 PPSF)
Valuated Price: $152,000 ($138 PPSF)
MLS Photo 1MLS Photo 2MLS Photo 3MLS Photo 4MLS Photo 5MLS Photo 6MLS Photo 7MLS Photo 8MLS Photo 9MLS Photo 10MLS Photo 11MLS Photo 12MLS Photo 13

Floor Plan

Floor Plan

Building Information

Palm Lakes (14 blocks)

Number of units: 448
Building inventory for rent: 1 (0%)
Building inventory for sale: 24 (5%)
Number of sales over the last 12 months: 19
Number of sales over the last 6 months: 6
Number of sales over the last 3 months: 2

Building Association

Palm Lakes Managed by
OCEAN BREEZE COMMUNITY MANAGEMENT, LLC
1967 10th Ave N,
Lake Worth, FL 33461
Office: 561-770-1052
Fax: 561-770-1914

Link: https://www.palmlakecondos.com/home/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
302 1,100 sq ft Dec 2024 $164,000 $149
305 1,100 sq ft Dec 2024 $140,000 $127
305 1,100 sq ft Oct 2024 $129,000 $117
101 1,110 sq ft Sep 2024 $215,000 $194
202 1,100 sq ft Sep 2024 $190,000 $173
304 960 sq ft Sep 2024 $116,500 $121

Market Information

Building vs City

Palm Lakes (14 blocks): $139/sq. ft.
Margate: $184/sq. ft.

City vs County

Margate: $184/sq. ft.
Broward: $334/sq. ft.

Palm Lakes (14 blocks) inventory for sale: 5%
Margate inventory for sale: 4%
Broward inventory for sale: 5%

Avg. time to close over last 12 months

Palm Lakes (14 blocks): 64 days
Margate: 67 days
Broward: 78 days

Building Photo

Aerial photo
Built in 1980 - 448 units in total - 5 floors

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Listing A11654998 data provided by Miami Association of Realtors.