$150,000

7220 Lake Circle Dr Unit 106 Margate, FL 33063

Oriole Gardens Neighborhood

Estimated payment $1,710/month

Total Views 164
2 Beds
2 Baths
1,100 Sq Ft
$136 Price per Sq Ft

Highlights

  • Fitness Center
  • Waterfront
  • Wood Flooring
  • Senior Community
  • Clubhouse
  • Main Floor Bedroom

About This Home

Welcome to Palm Lakes, a premier 55+ community! This beautifully maintained 2 bed, 2 bath first-floor condo offers a spacious layout with a large front garden, a screened balcony with summer kitchen and BBQ area, and serene lake views. Inside, you’ll find a fully renovated kitchen with granite countertops and a filtered water system, full-size washer and dryer, and an ample walk-in closet. The community provides plenty of guest parking along with one assigned space. Pets are welcome (up to 2), and the HOA—with reserves—allows conventional financing with as little as 5% down. HOA requirements include a 650+ credit score and $40,000+ annual income. Ideally located just 2 minutes from Publix, this home combines comfort, convenience, and resort-style living.

Listing Agent

Richard Lee

Double Pines Realty, LLC License #3266479 Listed on: 08/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1980

HOA Fees

  • $764 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking

Schools

  • Morrow Elementary School
  • Silver Lks Middle School
  • Coconut Crk High School

Additional Features

  • Screened Balcony
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484135G31020

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Palm Lakes Condos
  • Palm Lakes Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Community Library
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,533

Year Built

Built in 1980

Lot Details

0

HOA Fees

$764 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PALM LAKES CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl, Wood
  • Living Area: 1100
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Exterior Features

  • View: Garden View, Water View
  • Exterior Features: Other, Screened Balcony
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Lakes
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 2293
  • Amenities: Barbecue, Bike Storage, Billiard Room, Clubhouse-Clubroom, Community Room, Exercise Room, Exterior Lighting, Storage, Library, Pool, Sauna, Shuffleboard, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Morrow
  • High School: Coconut Crk High
  • Middle Or Junior School: Silver Lks Middle

Lot Info

  • Parcel Number: 484135G31020

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1533

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,533 $124,530 -- --
2024 $1,479 $121,030 -- --
2023 $1,479 $117,510 $0 $0
2022 $1,849 $114,090 $0 $0
2021 $1,563 $100,340 $0 $0
2020 $1,532 $98,960 $9,900 $89,060
2019 $1,692 $105,600 $10,560 $95,040
2018 $892 $60,330 $0 $0
2017 $893 $59,090 $0 $0
2016 $825 $57,880 $0 $0
2015 $523 $38,680 $0 $0
2014 $521 $38,380 $0 $0
2013 -- $44,640 $4,460 $40,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $150,000 -6.3% $136 / Sq Ft
11/15/2021 11/15/21 Sold $160,000 +3.2% $145 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $155,000 +63.2% $141 / Sq Ft
12/31/2015 12/31/15 Sold $95,000 +0.1% $86 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $94,900 -- $86 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Homepartners Title Svcs Llc
Warranty Deed $160,000 Homepartners Title Svcs Llc
Warranty Deed $120,000 Tlc National Title Company
Special Warranty Deed $95,000 Attorney
Trustee Deed $34,100 None Available
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $96,800 Fannie Mae Freddie Mac
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11862848

MIAMI REALTORS® MLS

APN: 48-41-35-G3-1020

Florida Broward County Margate 33063 Oriole Gardens

7220 Lake Circle Dr Unit 106, Margate, FL

This home is located at 7220 Lake Circle Dr Unit 106, Margate, FL 33063 and is currently priced at $150,000, approximately $136 per square foot. This property was built in 1980. 7220 Lake Circle Dr Unit 106 is a home located in Broward County with nearby schools including Morrow Elementary School, Silver Lakes Middle School, and Coconut Creek High School.

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Nearby Homes
Listing Agent
Richard Lee
Section Image
Double Pines Realty, LLC
(754) 306-5957