$160,000
SOLD OCT 7, 2025

Palm Lakes Condominiums 7431 NW 1st St Unit 408 Margate, FL 33063

Oriole Gardens Neighborhood
2 Beds
2 Baths
1,110 Sq Ft
$672/ mo HOA Fee

Recently Sold

$144 Per Sq Ft

26% Below List Price

336 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Wood Flooring
  • Fitness Center
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of October 2025

Excellent location in Palm Lakes, corner unit completely remodeled with spacious porch, 1100 sft of ample room to unwind and relax with amazing views of the golf course; parking space is right in front of lift for a quick access. This gem is close to highways/ restaurants/ shopping centers, etc.

Last Agent to Sell the Property

Dorian Gomez-Henao

First Priority Realty, Inc License #3043641 Listed on: 10/23/2024

Last Buyer's Agent

Raoul Lormeus

United Realty Group Inc. License #3421899

United Realty Group Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $291

Year Built

  • Built in 1980

Lot Details

  • Lake Front

HOA Fees

  • $672 Monthly HOA Fees

Property Views

  • Golf Course
  • Garden

Interior Spaces

  • 1,110 Sq Ft Home
  • 4-Story Property
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Living Area
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Water Heater
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 484135G32880

Community Details

Overview

  • Active Adult
  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), roof, sewer, trash, water
  • Palm Lakes Condo Subdivision
  • Community Parking

Amenities

  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pet Deposit $100
  • Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$291

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

HOA Fees

$672 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1980
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Dual Sinks, Entrance Foyer, Living/Dining Room, Pantry
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 1110.0
  • Stories: 4
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area, Porch
  • View: Golf Course, Garden, Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Other, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 672.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Picnic Area, Pool, Parking, Storage, Elevator(s)
  • Association #2 Fee: 672.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Pet Fee

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484135G32880
  • Mobile Dim Units: Feet

Rental Info

  • Pet Deposit: 100.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Oct 7, 2025
Sold by
Spurlock Judith Odell
Bought by
Belot Sejour
Seller's Agent
Dorian Gomez-Henao
First Priority Realty, Inc
Buyer's Agent
Raoul Lormeus
United Realty Group Inc.
List Price
$215,000
Sold Price
$160,000
Premium/Discount to List
-$55,000
-25.58%
Views
42
Current Estimated Value
$154,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,564
Avg. Annual Appreciation
-2.72%
Original Mortgage
$128,000
Outstanding Balance
$127,655
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$30,286

Purchase Details

Closed on
Aug 14, 2018
Sold by
Spurlock Judith O
Bought by
Spurlock Judith O

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 5, 2018
Sold by
Bobb Martin and Bobb Iris M
Bought by
Spurlock Judith O
Seller's Agent
Gilli Yosef
Charles Rutenberg Realty FTL
Buyer's Agent
Sue Richards
Richards Realty
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Rakusin Milton
Bought by
Bobb Martin and Bobb Iris M

Purchase Details

Closed on
Dec 15, 2006
Sold by
Rakusin Milton
Bought by
Rakusin Milton and Marsha Rakusin Residuary Trust

Purchase Details

Closed on
May 1, 1989
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Coretitle
Interfamily Deed Transfer -- Attorney
Warranty Deed $129,900 Attorney
Warranty Deed $63,200 Sunbelt Title Agency
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $7,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2025 10/07/25 Sold $160,000 -2.7% $144 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
08/21/2025 08/21/25 Price Changed $164,500 -4.4% $148 / Sq Ft
05/05/2025 05/05/25 Price Changed $172,000 -9.4% $155 / Sq Ft
04/11/2025 04/11/25 Price Changed $189,900 -4.6% $171 / Sq Ft
11/25/2024 11/25/24 Price Changed $199,000 -7.4% $179 / Sq Ft
10/23/2024 10/23/24 For Sale $215,000 +65.5% $194 / Sq Ft
03/06/2018 03/06/18 Sold $129,900 0.0% $117 / Sq Ft View Prior Sale
02/04/2018 02/04/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $129,900 -- $117 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $608 $168,020 $16,800 $151,220
2025 $596 $71,450 -- --
2024 $590 $69,440 -- --
2023 $590 $67,420 $0 $0
2022 $602 $65,460 $0 $0
2021 $596 $63,560 $0 $0
2020 $589 $62,690 $0 $0
2019 $586 $61,290 $0 $0
2018 $539 $54,900 $0 $0
2017 $540 $53,780 $0 $0
2016 $471 $52,680 $0 $0
2015 $808 $52,320 $0 $0
2014 $813 $51,910 $0 $0
2013 -- $46,880 $4,690 $42,190
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dorian Gomez-Henao

    First Priority Realty, Inc

    (954) 540-4586

    1 in this area

    10 Total Sales

    Dorian Gomez-Henao
    Section Image
  • Raoul Lormeus

    Buyer's Agent in 2025

    Raoul Lormeus

    United Realty Group Inc.

    (954) 736-9962

    1 in this area

    8 Total Sales

    Raoul Lormeus
    Section Image

  • G

    Seller's Agent in 2018

    Gilli Yosef

    Charles Rutenberg Realty FTL

    (954) 661-1231

    95 Total Sales

    Gilli Yosef
    Section Image

  • S

    Buyer's Agent in 2018

    Sue Richards

    Richards Realty

    (561) 901-2480

    3 Total Sales

    Sue Richards
    Section Image
See All Agents

About Palm Lakes Condominiums

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10467911

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-G3-2880

Florida Broward County Margate 33063 Oriole Gardens

7431 NW 1st St Unit 408, Margate, FL

Sold

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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