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$140,000
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Property Description
AMAZING DEAL & FINANCE AS LOW AS 3% DOWN IF QUALIFIED! Passed Milestone, new roof slated assessment paid by seller! Furniture present at viewing INCLUDED! Spacious top floor Condo w/beautiful water views in 55+ community! Situated in one of the best buildings, NS exposure, next to pool/tennis. Featuring BRAND NEW AC BOTH UNITS & Water Heater, front impact windows, tile throughout, large primary w/walk-in closet, ample storage, updated bathrooms & kitchen & the largest patio in town! Community offers clubhouse, tennis, 2 pools, billiards, gym & library. Walk to great shopping plaza, brand-new Publix opening soon! Washer/dryer in unit, pet friendly up to 2 pets<20lbs 650 TransUnion score for ALL buyers, 40k+income. Can finance under 25% also VA. 1 assigned parking spot & Ample guest parking!
Full Property Details
Full Property Details for 7431 NW 1st St #407
General
- Price: $140,000
- HOA FEE: $764/month
- Taxes: $3,521 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11797336
- Updated: 1/17/2026
- Added to Site: 256 day(s) ago
Interior
- Interior Features: Elevator, Pantry
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Additional Information
- Shared Amenities: Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Hobby Room, Kitchen Facilities, Library, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Pest Control Interior, Reserve Fund, Roof Repairs, Sewer, Trash Removal, Water
- Security/Safety: No Security
Exterior
- Exterior Features: Other
- Deck/Patio: Patio
Parking
- Parking Features: 1 Space, Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers
Location
- Area: Palm Lakes Condo
- County: Broward County
- Subdivision: PALM LAKES CONDO
- Building Name: PALM LAKES CONDO
- Driving Directions: SOUTHWEST CORNER OF ATLANTIC BLVD. & ROCK ISLAND RD.
Community
- Community Name: Palm Lakes Condo
- Association: Yes
- Pets Allowed: Yes
- Adult Community: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Penthouse
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: Partial Impact Glass, Hurricane Shutters
- Entry Floor Number: 4
- Building Size: 1100
- Square Feet: 1,100
- Living Area: 1,100 Sq. Ft.
- Year Built: 1980
Lot Features
- Property View: Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Pond
Financial Considerations
- Price Per Sq. Ft.: $127.27
- Association Fee: $764
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,521
- Tax Year: 2025
- Terms: All Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: PALM LAKES CONDO UNIT 407 BLDG 10 AKA PHASE #9 PER CDO BK/PG: 8555/223
- Restrictions: No Lease-1st Year Owned, No Trucks/Rv'S
- Inclusions: Other
- Property ID: 484135G32870
Listed by Realty 100
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Schools
Schools serving 7431 NW 1st St #407
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Morrow Elementary School 408 Southwest 76th Terrace, North Lauderdale, FL 33068 | PK-5 | 0.5 mi |
Silver Lakes Middle School 7600 Tam Oshanter Boulevard, North Lauderdale, FL 33068 | 6-8 | 1.2 mi |
Coconut Creek High School 1400 Northwest 44th Avenue, Coconut Creek, FL 33066 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7431 NW 1st St #407
Date
Details
Price
Change
Source
10/07/2025
Price Reduced
$140,000
-3.45%
MLS
9/15/2025
Price Reduced
$145,000
-3.91%
MLS
6/10/2025
Price Reduced
$150,900
-1.31%
MLS
6/05/2025
Price Reduced
$152,900
-1.29%
MLS
5/06/2025
Listed
$154,900
77.03%
MLS
3/13/2013
Sold
$87,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7431 NW 1st St #407
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,515
—
$164,820
-4%
2024
$3,515
10%
$171,290
16%
2023
$3,209
25%
$147,520
42%
2021
$2,569
-9%
$103,680
-13%
2022
$2,810
9%
$118,510
16%
2021
$2,569
12%
$101,980
13%
2019
$2,292
12%
$90,330
10%
2018
$2,045
7%
$82,120
5%
2017
$1,915
12%
$77,880
14%
2016
$1,709
5%
$68,190
11%
2015
$1,621
-16%
$61,710
-17%
2014
$1,933
51%
$74,370
67%
2013
$1,280
—
$44,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7431 NW 1st St #407
7431 NW 1st St #407, Margate, FL 33063 (MLS# A11797336) is a Condo property with 2 bedrooms and 2 full bathrooms. 7431 NW 1st St #407 is currently listed for $140,000 and was received on May 06, 2025. Want to learn more about 7431 NW 1st St #407? Do you have questions about finding other Condo real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

