PROOF OF FUNDS FOR ACCESS

Get Added To Buyers List – https://gregslistdeals.com

Offer Here: https://gregslistdeals.com/deal_page_margate
Cell: (336) 883-5636

7220 Lake Circle Dr APT 202, Margate, FL 33063– $80k 

CASH & HARD MONEY / PROOF OF FUNDS GETS ACCESS
ACCESS BY APPOINTMENT ONLY

Photo Link: https://drive.google.com/drive/folders/1896mQ916PVlI3DJXEfb0nzJ388d3A4kg?usp=sharing

PROPERTY SUMMARY

Value add 2 bed 2 bath condo in the Palm Lakes 55+ community in Margate. AC replaced in 2018. Interior needs kitchen, flooring, and bathroom updates. All assessments are paid and HOA covers major exterior and structural items, reducing CapEx risk. Tenant occupied and shown by appointment only. Strong comp support near $170K+ ARV.

PROPERTY DETAILS

• Address: 7220 Lake Circle Dr, Unit 202, Margate, FL 33063
• Community: Palm Lakes (55+ Community)
• Property Type: Condominium
• Beds / Baths: 2 Bed / 2 Bath
• Living Area: 1,100 SF
• Year Built: 1982
• HVAC: Replaced 2018
• Condition: Needs kitchen, flooring, and bath updates
• HOA / COA: $745/month
• HOA Includes: Exterior maintenance, building insurance, elevator, reserves, roof, water/sewer, parking, storage, pool, clubhouse
• Assessments: Paid in full
• Rental Policy: Lease allowed after 1 year ownership
• Occupancy: Tenant occupied — By appointment only
• Buyer assumes contents left in property

COMPS

• 370 NW 76th Ave #307 — Sold $170,000 (10/31/25) — Not fully updated
• 7431 NW 1st St #408 — Sold $160,000 (10/23/25) — Not updated
• 7300 Lake Cir Dr #303 — Sold $145,000 (02/08/26) — Partial bath updates