tomo logo

$128,000

Beds
2
Baths
2.0
sq ft
1,100

357 N Rock Island Rd Unit 407, Margate, FL 33063

357 N Rock Island Rd Unit 407

Margate, FL 33063

  • 73 days on market
    • Price drop $2,000↓
LOWEST PRICED IN THE COMMUNITY. NEW A/C (2024). WASHER/DRYER IN UNIT. Don’t miss this amazingly priced and spacious 2-BD/2-BA top floor condo in Palm Lakes, a 55+ community (1 occupant must be 55+). This unit features a large Florida room/patio accessible from the living room & from the large primary bedroom with a large walk-in closet. Lots of storage in unit, plus additional storage locker. Wood laminate flooring. Peaceful views. Community amenities include 2 heated pools, gym, clubhouse, tennis, billiards & BBQ area. Pet friendly (up to 2 small pets). New roof (2024). Great location, close to shopping and dining (walk to Publix).

Details

Property type

Condominium

Est. home value

$207,064

Lot size

Unknown

Price per sq ft

$117

Year built

1980

Annual property taxes

$3,066

Monthly HOA fee

$764

Price History

03/18/2025
Beaches

Beaches #F10482431

Price change
$128,000
-1.54%
02/24/2025
Beaches

Beaches #F10482431

Price change
$130,000
-3.63%
02/07/2025
Beaches

Beaches #F10482431

Price change
$134,900
-2.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Number of units in community: 

448

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Standard Federal Bank

Loan start date

June 1999

Original loan amount

$39,200

Est. remaining balance

Not provided

Interest rate

6.88%

Loan type

New Conventional

Seller

Virginia Eatherton and Rena Coll

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
SEF
$125,000
2 bd
|
2 ba
|
990 sq ft
|
Condo

550 NW 80th Ter Unit 103, Margate, FL 33063

Price drop
Beaches
$129,999
2 bd
|
2 ba
|
920 sq ft
|
Condo

7897 Golf Circle Dr Unit 101, Margate, FL 33063

Price drop
SEF
$100,000
2 bd
|
2 ba
|
990 sq ft
|
Condo

7500 NW 5th Pl Unit 103, Margate, FL 33063

Status: Active

Tomo last checked: 04/03/2025 at 9:45 PM

Listing updated: 04/01/2025 at 8:05 AM

Listed by: Richard Chong, Charles Rutenberg Realty FTL Phone #: (954) 396-3001

MLS: Beaches #F10482431

Beaches logo

Recently listed in Margate