1 month on rocket

5901 Coral Lake Dr Unit 101, Margate, FL, 33063

$229,900

Home List Price

$2,730*

Closing Credit

2 Bedrooms
2 Full Baths
1 SqFt
$229,900/SqFt
Condo

Location

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5901 Coral Lake Dr Unit 101, Margate$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest
Year Built1979
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontLake Front
ViewLake
MLS #RX-11031777
StatusActive

About 5901 Coral Lake Dr Unit 101

Don't miss this move-in ready, spacious 2-bedroom, 2-bath first-floor corner unit in Coral Gate! This lovely home boasts stunning lake views, breathtaking sunsets, and illuminated fountains for your evening relaxation. The beautifully updated kitchen features a generous eat-in area, new cabinets, and attractive granite countertops. The living area has modern new vinyl flooring. This home comes furnished, and has an in-unit washer and dryer for added convenience. The screened patio is equipped with roll-down shutters, and both the kitchen and primary bedroom have new hurricane windows. The split bedroom layout offers enhanced privacy for you and your guests. This sought-after 55+ community includes three clubhouses, three heated pools, jogging paths, and a nearby park

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 1
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: JoAnn Grayson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Ice Maker, Microwave, Electric Range, Washer
  • Flooring Type: Carpet, Vinyl Floor
  • Interior: Elevator, Entry Lvl Lvng Area, Foyer, Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Screen Porch

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest

Virtual/3D Tour

  • Virtual Tour: 5901 Coral Lake Dr Unit 101
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: 1-95 S to W Copans Rd in Pompano Beach. Exit from I-95 S. Continue on W Copans Rd to your destination in Margate. Turn right onto Banks Rd. & follow to destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $229,900/SqFt

HOA Fees:

  • Amount: $555
  • 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

5901 Coral Lake Dr Unit 101 vs Margate

52 DAYS ON ROCKET

-6 Days

$229,900

-$120.1K Less

$229,900/SqFt

+$229.6K More

KEY TAKEAWAY

This property is $120.1K less than the Median Sold Price and $229.6K/SqFt more than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11031777

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: JoAnn Grayson

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:51 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

$1,770

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-4402341
6
/10

  • Liberty Elementary School

  • 2450 Banks Rd

  • 0.31 miles

  • Public Magnet Grades KG-5

school-card-donut-4402342
6
/10

  • Margate Elementary School

  • 6300 NW 18th St

  • 1.21 miles

  • Public District Grades KG-5

school-card-donut-4402343
6
/10

  • Coconut Creek Elementary School

  • 500 NW 45th Ave

  • 1.94 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. Residents of Margate, FL typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5901 Coral Lake Dr Unit 101

What is the listing price of this property?

The listing price of 5901 Coral Lake Dr Unit 101 property is $229,900.

What type of property is this?

The property 5901 Coral Lake Dr Unit 101 is a condo located in Margate, Florida, 33063.

Is this property for sale now?

Active Listing: 5901 Coral Lake Dr Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5901 Coral Lake Dr Unit 101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5901 Coral Lake Dr Unit 101 is 1 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5901 Coral Lake Dr Unit 101 is 1979.

Rocket Homes›Florida›Broward County›Margate›33063›5901 Coral Lake Dr Unit 101

This home is located at 5901 Coral Lake Dr Unit 101 in Margate, FL and zip code 33063 in the Coral Gate neighborhood. This 1 square foot home was built in 1979. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $229,900.

In November 2024, from all listings sold in Margate, FL there were more than 3 sold above asking price, over 10 sold below and more than 8 were sold right at the asked price. The number of listings in Margate, FL increased by 7.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 58 days, the median list price was $350,000.

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

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