tomo logo

$153,324

Beds
1
Baths
2.0
sq ft
1,202

7320 Lake Circle Dr Unit 204, Margate, FL 33063

7320 Lake Circle Dr Unit 204

Margate, FL 33063

  • 59 days on market
    • Price drop $5,400↓
MOTIVATED SELLER!!! 55+Palm Lakes...Beautifully renovated, this spacious 1-bdrm, 2-bathroom condo offers modern upgrades, featuring an impact front door and windows (2024) for added security and energy efficiency, a newly enclosed patio 28’x10’ w/hurricane impact windows (2024) and stylish new laminate flooring (2024) throughout. Kitchen w/SS appliances and granite countertops. Enjoy the elegance of plantation shutters and zebra blinds, enhancing both privacy and style. The AC unit was replaced in 2018, ensuring comfort year-round. Ideally located right off the elevator for easy access, this move-in-ready home is perfect for those seeking a blend of style, convenience, and peace of mind. Outside storage, Lease after 1 year, Min Credit Score of 650 and $40k income requirement per Assc.

Details

Property type

Condominium

Est. home value

$154,163

Lot size

Unknown

Price per sq ft

$128

Year built

1979

Annual property taxes

$1,875

Monthly HOA fee

$698

Price History

04/03/2025
Beaches

Beaches #F10484200

Price change
$153,324
-3.4%
03/26/2025
Beaches

Beaches #F10484200

Price change
$158,724
-5.37%
03/06/2025
Beaches

Beaches #F10484200

Price change
$167,724
-5.09%

Schools & Community

Elementary school: 

Morrow

Middle school: 

Silver Lakes

High school: 

Coconut Crk High

Senior community center: 

Yes

Negotiation Insights

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

Seller could get up to

$22,735
Asking price
$153,324
Closing costs (~8% of asking)
-$12,266
Est. remaining loan balance
-$118,323
Cash to seller
$22,735

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

October 2023

Original loan amount

$120,000

Est. remaining balance

$118,323

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Linda Marie Barry

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
Beaches
$140,000
1 bd
|
1.5 ba
|
775 sq ft
|
Condo

7837 Golf Circle Dr Unit 308, Margate, FL 33063

Price drop
SEF
$165,000
1 bd
|
2 ba
|
850 sq ft
|
Condo

1040 NW 80th Ave Unit 104, Margate, FL 33063

Price drop
Beaches
$175,000
2 bd
|
2 ba
|
920 sq ft
|
Condo

1050 Country Club Dr Unit 304, Margate, FL 33063

Status: Active

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

Listing updated: 04/03/2025 at 10:16 AM

Listed by: Faith Montgomery, PA, Realty 100 Phone #: (954) 859-2100

MLS: Beaches #F10484200

Beaches logo

Recently listed in Margate