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Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12043762
$159,900

↓ Price reduced $10,000 on Oct 28, 2026

7220 Lake Cir Drive 406, Margate, FL 33063

Beds
2
Baths
2
Sqft
1,100
Est. payment$1,900/mo
Home type
Condominium
Year built
1980
Lot size
—
Price / sqft
$145
HOA
$700/mo
Community
PALM LAKES CONDO

Property description

Turnkey; fully remodeled condo in the desirable Palm Lakes Community in Margate..This move-in ready home features a beautifully updated interior; modern kitchen, renovated bathrooms, stylish finishes throughout. Major upgrades, New a/c, new water heater, new electrical panel with labels and wired in smoke alarms; providing peace of mind for years to come..Enjoy a bright, space open living area in a well maintained community; conveniently located near shopping; new Publix walk too; great roadways and dinning..Just bring your belongings. Hurry won't last....

Listing activity

Days on market
124
Listed
Jun 26, 2026
MLS listing updated
Oct 28, 2026
Feed last checked
2 minutes ago

Listed by Shirley M Ferreira · Shirley Ferreira, Lic. R.E. Br

Map

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Bedroom Layout - Split, Elevator
Flooring
Laminate
Appliances
Ice Maker

Heating & cooling

Heating
Oil, Other
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0

Exterior

Stories
4
Building area
1,100 sqft
Patio & porch
Porch - Screened, Porch, Patio
View
Canal
Waterfront property
No
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
1980
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Utilities

Electric
Fuses
Community & HOA

Community

Subdivision
PALM LAKES CONDO
MLS area
3633
MLS subarea
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Security
Fire Alarm, Smoke Detector(s), Other
Pets allowed
No
55+ community
Yes

Association

Has association
Yes
Association fee
$700 monthly
Estimated monthly dues
$700
Amenities
Clubhouse
Services included
Common Areas, Elevator, Maintenance Grounds
Lease details

Not reported by the listing source.

Location

Area details

City
Margate
County
Broward
ZIP code
33063
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12043762
Possession
Close Of Escrow, Negotiable
Original list price
$194,900
Parcel number
484135G31260
Annual property tax
$3,484
Tax year
2026
Tax legal description
PALM LAKES CONDO UNIT 406 BLDG 5 AKA PHASE #4 PER CDO BK/PG: 8555/223
Additional MLS details

Reported by the listing source

Association Amenities
Clubhouse
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Elevator, Maintenance Grounds
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1100
Construction Materials
CBS
County Or Parish
Broward
Days On Market
124
Elementary School
Morrow
High School
Coconut Creek
List Price
159900
Listing Contract Date
2026-06-26
Living Area
1100
MLSArea Major
3633
MLSArea Minor
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Middle Or Junior School
Silver Lakes
Mls Status
Active
On Market Date
2026-06-26
Patio And Porch Features
Porch - Screened, Porch, Patio
Photos Count
23
Postal Code
33063
Price Change Timestamp
2026-10-28T15:40:22Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Fire Alarm, Smoke Detector(s), Other
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-26T04:00:00Z
Stories Total
4
Subdivision Name
PALM LAKES CONDO
Tax Annual Amount
3484
Bathrooms Full
2
Bedrooms Total
2
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
700

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 26, 2026ListedMIAMI REALTORS® MLS$194,900$177/sqft
Oct 28, 2026Price reducedMIAMI REALTORS® MLS$159,900$145/sqft

Public tax history

YearProperty taxesAssessment
2026$3,484—

Payment calculator

Estimated monthly payment$1,900/moIllustrative estimate, not a loan offer.
Principal & interest
$830
Property taxes
$290
Insurance
$80
Association dues
$700

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PALM LAKES CONDO

Margate · Broward County · 33063

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

MorrowElementary
—
Silver LakesMiddle
—
Coconut CreekHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Similar homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Shirley Ferreira, Lic. R.E. Br. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.

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