new - 4 days on rocket

5831 Coral Lake Dr Unit 307, Margate, FL, 33063

$215,000

Home List Price

$2,553*

Closing Credit

2 Bedrooms
2 Full Baths
990 SqFt
$217/SqFt
Condo

Location

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5831 Coral Lake Dr Unit 307, Margate$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, One Space
Year Built1979
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewLake, Water
MLS #A11701250
StatusActive

About 5831 Coral Lake Dr Unit 307

Beautiful waterfront renovated 2/2 with incredible water views from living room and primary suite. A/C 2020, in unit washer & dryer, tile and laminate flooring throughout, extra storage, screened patio overlooking tranquil lake. Attractive furniture included. Coral Gate is a well appointed 55+ community boasting 3 heated pools and 3 clubhouses, walking & biking trails, billiards, gazebo & shuffleboard. Close to basketball, tennis & pickleball courts. In close proximity to shopping, restaurants, medical and the Coconut Creek Casino.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 990 SqFt

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (954) 893-1322
  • Listing Agent: Karen Leventhal

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Entrance Foyer, Elevator, Living/Dining Room, Other, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Water
  • Exterior: Enclosed Porch

Parking Information:

  • Parking: Guest, One Space

Virtual/3D Tour

  • Virtual Tour: 5831 Coral Lake Dr Unit 307
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $217/SqFt

HOA Fees:

  • Amount: $557
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Margate, FL.

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Margate, FL

City

Med. Sold Price

$350K

Med. Price/SqFt

$256

Avg. Days On Market

58

# of Sold Homes

21

5831 Coral Lake Dr Unit 307 vs Margate

4 DAYS ON ROCKET

-54 Days

$215,000

-$135K Less

$217/SqFt

-$40 Less

KEY TAKEAWAY

This property is $135K less than the Median Sold Price and $40/SqFt less than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11701250

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (954) 893-1322
  • Listing Agent: Karen Leventhal

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,698

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3825376
6
/10

  • Liberty Elementary School

  • 2450 Banks Rd

  • 0.36 miles

  • Public Magnet Grades KG-5

school-card-donut-3825377
6
/10

  • Margate Elementary School

  • 6300 NW 18th St

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-3825378
6
/10

  • Coconut Creek Elementary School

  • 500 NW 45th Ave

  • 1.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,933. Typical income of Margate, FL residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5831 Coral Lake Dr Unit 307

What is the listing price of this property?

The listing price of 5831 Coral Lake Dr Unit 307 property is $215,000.

What type of property is this?

The property 5831 Coral Lake Dr Unit 307 is a condo located in Margate, Florida, 33063.

Is this property for sale now?

Active Listing: 5831 Coral Lake Dr Unit 307 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5831 Coral Lake Dr Unit 307 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5831 Coral Lake Dr Unit 307 is 990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5831 Coral Lake Dr Unit 307 is 1979.

Rocket Homes›Florida›Broward County›Margate›33063›5831 Coral Lake Dr Unit 307

This home is located at 5831 Coral Lake Dr Unit 307 in Margate, FL and zip code 33063 in the Coral Gate neighborhood. This 990 square foot home was built in 1979. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $215,000.

While more than 3 listings in Margate, FL in November 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Margate, FL increased by 7.4% between October 2024 and November 2024. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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