7605 NW 5th Pl

Margate, FL 33063

$1,690/mo

2Beds

2Baths

990Sq ft

1974Year built

CondoType

About this home

Beautiful & Stunning updated 2-bedroom, 2-bath condo featuring serene water views and a bright, open floor plan designed for comfortable living. This move-in-ready residence offers a modern kitchen with updated cabinetry and finishes, renovated bathrooms, elegant flooring throughout, and abundant natural light, creating a warm and inviting atmosphere. Enjoy peaceful water views from your home while taking advantage of an exceptional array of resort-style amenities, including multiple swimming pools, a clubhouse, fitness center, BBQ and picnic areas, billiards, card rooms, and a spacious ballroom hosting a variety of social activities and community events. Ideally located in a highly desirable active Adult community, this property offers the perfect balance of an active lifestyle and tranquil surroundings. Conveniently situated near shopping, dining, medical facilities, entertainment, and major roadways. A wonderful opportunity to rent a beautifully maintained waterfront condo in a sought-after community. At least one tenant must be senior. Only 1st month and 1 month Security Deposit required to move in.

Features

55+ community

Property details

Listing

MLS #: A12042184
Status: For sale
Listed on: Jun 23, 2026
Days on market: 51 days
Listing data updated: Aug 10, 2026

Interior

Beds: 2
Baths: 2
Living area: 990 ft²
Unit: 103

Building & community

Type: Condo
Year built: 1974
County: Broward

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?