Listing Information

MLS Number: A11883835
Status: Active
Unit Number: 203
Building Name:
Building Address: 7561 NW 1st St, Margate, Broward, FL 33063
Unit Size: 1,100 sq ft
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 0
Parking:
View:
Rental Price: $1,750 ($2 PPSF)

Floor Plan

Floor Plan

Building Information

Palm Lakes (14 blocks)

Number of units: 448
Building inventory for rent: 3 (1%)
Building inventory for sale: 23 (5%)
Number of sales over the last 12 months: 17
Number of sales over the last 6 months: 9
Number of sales over the last 3 months: 6

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
103 1,100 sq ft Dec 2025 $105,000 $95
106 1,100 sq ft Dec 2025 $148,000 $135
307 1,100 sq ft Oct 2025 $170,000 $155
408 1,110 sq ft Oct 2025 $160,000 $144
108 1,110 sq ft Oct 2025 $142,500 $128

Market Information

Building vs City

Palm Lakes (14 blocks): $114/sq. ft.
Margate: $170/sq. ft.

City vs County

Margate: $170/sq. ft.
Broward: $311/sq. ft.

Palm Lakes (14 blocks) inventory for sale: 5%
Margate inventory for sale: 3%
Broward inventory for sale: 4%

Avg. time to close over last 12 months

Palm Lakes (14 blocks): 94 days
Margate: 78 days
Broward: 88 days

Building Photo

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

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Listing A11883835 data provided by Miami Association of Realtors.