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Back 106/7220 Lake Cir Dr
Off Market

106/7220 Lake Cir Dr

Margate FL 33063

2
2
1
1100 sq. ft.
Condo
Last sold for $148,000
Richard LeeRichard Lee, last sold this property on 01 December 2025 after 101 days on market.

Overview

Welcome to Palm Lakes, a premier 55+ community! This beautifully maintained 2 bed, 2 bath first-floor condo offers a spacious layout with a large front garden, a screened balcony with summer kitchen and BBQ area, and serene lake views. Inside, you’ll find a fully renovated kitchen with granite countertops and a filtered water system, full-size washer and dryer, and an ample walk-in closet. The community provides plenty of guest parking along with one assigned space. Pets are welcome (up to 2), and the HOA—with reserves—allows conventional financing with as little as 5% down. HOA requirements include a 650+ credit score and $40,000+ annual income. Ideally located just 2 minutes from Publix, this home combines comfort, convenience, and resort-style living.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
1100 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Margate over the last 12 months, the estimated median property value of 106/7220 Lake Cir Dr is $139.4k.

Median value
$139.4k
Estimated value range
$1.69k - $335k
Median days on market
84
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 106/7220 Lake Cir Dr

2025
Sold
$148,000
01 Dec 2025 by Richard Lee, of DOUBLE PINES REALTY, LLC
2021
Sold
$160,000
15 Nov 2021 by Shelley Mitchell, of PPI REALTY INC.
2015
Sold
$95,000
31 Dec 2015 by Loridana Gallione, of Realty Associates of Florida I, Inc

Happy sellers in Margate

87%
87% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Margate over the last 12 months.

Local market activity for 2 bedroom condos in Margate

In the last 12 months, 224 two-bedroom condos similar to 106/7220 Lake Cir Dr, have been sold.

This represents a 23% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Margate

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Laura Sanders

Laura Sanders is an award winning recommended agent for Margate.  They have 8 local sales and collected 4 local reviews across the last 12 months.

  •   5   (130 reviews)
  •  4 Reviews in Margate
  •  8 Sales in Margate
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Charmayne Seepersad

Charmayne Seepersad is a recommended agent for Margate.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (63 reviews)
  •  4 Reviews in Margate
  •  6 Sales in Margate
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Gustavo Bergamini

Gustavo Bergamini is a recommended agent for Margate.  They have 1 local sale and collected 4 local reviews across the last 12 months.

  •   4.9   (19 reviews)
  •  4 Reviews in Margate
  •  1 Sale in Margate
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Nicole Miller

Nicole Miller is a recommended agent for Margate.  They have 7 local sales and collected 2 local reviews across the last 12 months.

  •   5   (210 reviews)
  •  2 Reviews in Margate
  •  7 Sales in Margate
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