MLS-supplied photographs · 11 selected
$89,990
2 beds · 2 baths · 1,100 sq ft
480 NW 76th Avenue 205, Margate, FL 33063
PALM LAKES CONDO · Margate
Active
Why RET noticed it
RET View
RET noticed this home, but its price and trade-offs do not currently support a Select recommendation.
The catch
The listing says the home needs work and at least one occupant must be 55. Confirm current association costs, occupancy rules and the renovation budget; the lowest recent sold prices are close to this ask.
Compare with another property ↗
What could change our view
A material price, status, condition, ownership-cost or competing-home change that removes this specific advantage would trigger a new review.
Property details are based on listing/provider information and should be confirmed during normal buyer due diligence.
Source checked 2026-10-27T06:22:05ZHow RET evaluates properties
The listing facts come from the MLS; RET has not inspected the home. RET compares similar home types, sizes and waterfront settings. Check condition, measurements and any seller credits directly. Asking prices show what sellers want; completed sales show what buyers paid. RET Select also requires a clear reason to choose the home and a current review of its risks. This is not an appraisal or an offer recommendation.
Read the selection standard ↗How It Compares
This home asks about 12.2% less per square foot than the middle price of the similar recent sales. Its asking price is $82 per square foot, compared with $93 across 6 reviewed listing-reported sales from 2025-11-21 to 2026-10-06. Price per square foot divides the price by indoor living area; it helps compare homes of different sizes.
Comparison confidence: Moderate. Some homes differ in neighborhood, age, size or sale date. Condition, renovation and seller credits have not been priced into the difference. This is not an appraisal.
| MLS reference | Sale / date | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| F10548176VERIFIEDPALM LAKES CONDO | $140,0002026-04-02 | $127 | 1,100 sq.ft. / acres | No | 13 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.0%; built 1982. Same listed subdivision.Year built 1982; Existing homeSold for more by $50,010; smaller by 0 sq.ft. |
| F10520801VERIFIEDPALM LAKES CONDO | $106,5002026-06-08 | $96 | 1,110 sq.ft. / 0 acres | No | 235 days / 0.08 mi | Same condo type, same waterfront category; 0.08 miles away; indoor area differs 0.9%; built 1980. Same listed subdivision.Year built 1980; Existing homeSold for more by $16,510; larger by 10 sq.ft. |
| R11141611VERIFIEDPALM LAKES CONDO | $87,0002026-03-05 | $78 | 1,110 sq.ft. / acres | NoNone | 71 days / 0.1 mi | Same condo type, same waterfront category; 0.10 miles away; indoor area differs 0.9%; built 1980. Same listed subdivision.Year built 1980; Existing homeSold for less by $2,990; larger by 10 sq.ft. |
| A11847867VERIFIEDPALM LAKES CONDO | $105,0002025-11-21 | $95 | 1,100 sq.ft. / acres | No | 103 days / 0.07 mi | Same condo type, same waterfront category; 0.07 miles away; indoor area differs 0.0%; built 1980. Same listed subdivision.Year built 1980; Existing homeSold for more by $15,010; smaller by 0 sq.ft. |
| F10529532VERIFIEDPALM LAKES | $90,0002026-04-17 | $82 | 1,100 sq.ft. / acres | No | 165 days / 0.07 mi | Same condo type, same waterfront category; 0.07 miles away; indoor area differs 0.0%; built 1982. Different subdivision: check whether the locations are comparable.Year built 1982; Existing homeSold for more by $10; smaller by 0 sq.ft. |
| F10495728VERIFIEDORIOLE GARDENS THREE | $90,0002026-10-06 | $91 | 990 sq.ft. / 0 acres | No | 489 days / 0.2 mi | Same condo type, same waterfront category; 0.20 miles away; indoor area differs 10.0%; built 1975. Different subdivision: check whether the locations are comparable.Year built 1975; Existing homeSold for more by $10; smaller by 110 sq.ft. |
Nearby Homes for Sale
| MLS reference | Asking price | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| B26090743PALM LAKES CONDO | $149,900 | $135 | 1,110 sq.ft. / 0 acres | No | 7 days / 0 mi | Same condo type, same waterfront category; 0.00 miles away; indoor area differs 0.9%; built 1980. Same listed subdivision.Year built 1980; Existing homeAsks more by $59,910; larger by 10 sq.ft. |
| B26055022PALM LAKES CONDO | $150,000 | $135 | 1,110 sq.ft. / 0 acres | No | 98 days / 0.1 mi | Same condo type, same waterfront category; 0.10 miles away; indoor area differs 0.9%; built 1980. Same listed subdivision.Year built 1980; Existing homeAsks more by $60,010; larger by 10 sq.ft. |
| B26022174PALM LAKES CONDO | $179,000 | $161 | 1,110 sq.ft. / 0 acres | NoNone | 180 days / 0.13 mi | Same condo type, same waterfront category; 0.13 miles away; indoor area differs 0.9%; built 1980. Same listed subdivision.Year built 1980; Existing homeAsks more by $89,010; larger by 10 sq.ft. |
| F10514198Palm Lakes | $159,000 | $145 | 1,100 sq.ft. / acres | No | 459 days / 0.07 mi | Same condo type, same waterfront category; 0.07 miles away; indoor area differs 0.0%; built 1979. Different subdivision: check whether the locations are comparable.Year built 1979; Existing homeAsks more by $69,010; smaller by 0 sq.ft. |
| F10433282Oriole Gardens Phase 1 | $110,000 | $110 | 1,000 sq.ft. / 0 acres | No | 932 days / 0.17 mi | Same condo type, same waterfront category; 0.17 miles away; indoor area differs 9.1%; built 1973. Different subdivision: check whether the locations are comparable.Year built 1973; Existing homeAsks more by $20,010; smaller by 100 sq.ft. |
What would justify choosing this home?
Of the 5 similar homes currently for sale, 0 have a lower asking price. Its asking price is no higher than these alternatives. Check condition and annual costs before calling it better value. Compare the 1100 sq ft layout and 0-acre lot directly before choosing it.
What Changed
- Original asking price: $129,900. Current asking price: $89,990. Total price cut from the original ask: 30.72%.
- Time on market: 148 days on this listing; 148 days in the recorded cumulative history.
- Individual price cuts recorded in the available history: 1. The history may be incomplete, so there may have been other changes.
- The lower asking price reduces the purchase cost. It does not prove seller motivation or a discount to market value.
- Back-on-market, pending and relisting events: Requires verification.
Worth Knowing
- The 1100 sq.ft. living area is attributed to Assessor. Confirm the measurement and whether the space is legally permitted.
- This listing has been on the market for 148 days (148 days across its recorded history). Ask about showing feedback and any failed contracts; the listing data does not explain why it remains available.
- MLS construction year 1982. Check renovation permits, roof age and maintenance records.
- Check the association budget, reserve savings and any extra charges for PALM LAKES CONDO: Requires verification.
- Get an insurance quote and flood-risk check for MLS B26035249: Requires verification.
What It Costs to Own
- Recorded 2025 property tax: $559. Your tax after purchase may differ from this past bill.
- Listed association fee: $2,273 Quarterly.
- Additional association fee: Requires verification.
- The MLS says the fee covers: Pest Control, Sewer, Water, Common Areas, Elevator, Reserve Funds, Roof Repairs.
- Confirm club charges, extra assessments, insurance and other ongoing costs. An assessment is an extra charge to owners, often for shared building work.
The Local Comparison
Among similar homes in this comparison, 3 sold in the last 180 days and 141 are currently for sale. The middle sale took 235 days on market and sold for $91 per square foot.
Which homes are included?
Matching rules: same city/subtype, 3-mile radius, living area ±25%, matching waterfront, age ±20 years, lot 0.5–2x, bedrooms ±1. Source cycle: 2026-10-26T16:17:11Z. Only permitted, complete records that match these rules are included. This is a sample, not every home in the neighborhood or a prediction of how fast this one will sell.
Why Some Homes Are Not Compared
Why other records were excluded
- Living area differs by over 25%: 184 records
- Waterfront mismatch or unknown: 115 records
- Age difference over 20 years or unknown: 7 records
- Missing positive living area: 7 records
- Distance unavailable or over 3 miles: 26 records
- Active Internet/delayed permission failed: 5 records
- Incomplete core comp facts: 118 records
- Nonstandard sale conditions require manual verification: 1 records
Showing the last validated intelligence. A refresh is overdue; source verification dates remain unchanged.
RET Intelligence
Analysis by Real Estate Today
What Changed?
- 2026-10-27 · New Relevant Comparable
The similar sales have changed. Ask RET for the current comparison.
- 2026-10-20 · New Relevant Comparable
The similar sales have changed. Ask RET for the current comparison.
- 2026-10-20 · New Relevant Comparable
The similar sales have changed. Ask RET for the current comparison.
- 2026-10-19 · Cumulative Price Reset
0.23 fraction → 0.31 fraction
- 2026-10-19 · Meaningful Price Reduction
99990.00 → 89990.00
Sources and verification
- Licensed BeachesMLS evidence · verified 2026-10-27
Check current written terms for the residence before deciding. These comparisons do not predict an investment return.
RET Data & Verification StandardsPut this property in context
See the property. Understand the decision.
Request a Showing Request a Private Review ↗ Call RET · 954-274-6948Listing provided by Florida Listing Experts LLC. Source: BeachesMLS, Inc.
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