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Built in 1980 - 448 units in total - 5 floors

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Building Information

Palm Lakes (14 blocks)

Number of units: 448
Active listings for rent: 3
Active listings for sale: 20
Building inventory for sale: 4%
Number of sales over the last 12 months: 17
Number of sales over the last 6 months: 10
Number of sales over the last 3 months: 7
Avg. time to close over last 12 months: 94 days

Address

7301 NW 1 St, Margate, Broward, FL, 33063

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 Area

Palm Lakes (14 blocks): $116/sq. ft.
Margate: $172/sq. ft.

Area vs City

Margate $172/sq. ft.
Broward $311/sq. ft.

Inventory for sale

Margate: 3%
Broward: 4%

Avg. time to close over last 12 months

Palm Lakes (14 blocks) 94 days
Margate: 77 days
Broward: 87 days