5611 Coral Lake DR #111, Margate, FL 33063
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5611 Coral Lake DR #111, Margate, FL 33063
5611 Coral Lake DR #111, Margate, FL 33063
5611 Coral Lake DR #111, Margate, FL 33063
5611 Coral Lake DR #111, Margate, FL 33063

$150,000

Est. payment /mo

$165,000

9.1%
Est.Price: ?

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5611 Coral Lake DR #111 Margate, FL 33063

2 Beds

2 Baths

1,090 SqFt

SOLD DATE : 05/01/2026

Key Details

Sold Price $150,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,090 sqft

Price per Sqft $137

Subdivision Coral Gate

MLS Listing ID R11157083

Sold Date 05/01/26

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $616/mo

HOA Y/N Yes

Total Fin. Sqft 1090

Year Built 1979

Annual Tax Amount $3,078

Tax Year 2025

Contingent Financing,Inspection

Property Sub-Type Condominium

Property Description

Welcome to Coral Gate, a vibrant 55+ waterfront community where every residence enjoys peaceful water views. Desirable first floor unit offers exceptional convenience, including private in-unit laundry. New ROOF already budgeted for 2026. 4x4 storage unit. A parking space is located directly outside the front door, with guest parking nearby. Residents enjoy three beautifully maintained pools, a clubhouse, and seasonal holiday parties and social activities including bingo. Monthly condo dues include Breezeline fiber optic internet and cable, water, sewer, trash service with monthly bulk pickup, pest control, on-site management, master insurance policies, and lawn and pool service. Ideally located near HCA Florida Northwest Hospital, Broward Health Coral Springs Coral Gate is a well maintained 55+ community offering tranquil water views from every residence and a lifestyle centered around ease, comfort, and connection. This first floor unit stands out with the rare convenience of washer and dryer located inside the unit, a highly valued feature in condominium living, along with a dedicated parking space directly outside the front door and ample guest parking just steps away.

Residents enjoy three inviting pools, an active clubhouse, and a full calendar of seasonal holiday events and community activities such as bingo. Professional on-site management enhances the sense of care and community throughout Coral Gate.

Monthly condo dues are comprehensive and include Breezeline fiber optic internet and cable, water, sewer, trash service with a monthly bulk trash day, pest control, master insurance policies, and full lawn and pool maintenance, allowing for truly low maintenance living.

The community is conveniently located near HCA Florida Northwest Hospital and Broward Health Coral Springs, providing easy access to major medical services and emergency care. Coral Gate Park is located next door and features three half-court basketball courts, two full-size tennis courts, six pickleball courts, covered sitting areas, covered playgrounds, restrooms, and a rentable pavilion.

Community requirements include a minimum 15 percent down payment for financing, a minimum 650 credit score, and a two year ownership period prior to renting. A roof project is already scheduled to begin this year with no special assessment, as it is fully accounted for in the budget. The Structural Integrity Reserve Study has been completed and is available for review.

This is an excellent opportunity to enjoy waterfront living with rare in-unit laundry, outstanding amenities, and a well managed community close to parks, healthcare, and everyday conveniences.

Location

State FL

County Broward

Area 3631

Zoning PUD

Direction Northeast

Rooms

Main Level Bedrooms 2

Interior

Interior Features Breakfast Bar, Entrance Foyer, Living/Dining Room, Multiple Primary Suites, Pantry, Split Bedrooms, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Outdoor Living Area, Porch

Parking Features Assigned, Guest, Open

Pool Association

Utilities Available Cable Available, Sewer Available, Water Available

Amenities Available Basketball Court, Clubhouse, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)

Waterfront Description Lake Front

View Y/N Yes

Water Access Desc Public

View Lake

Porch Porch, Screened

Garage No

Private Pool No

Building

Faces Northeast

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Others

Pets Allowed No

HOA Fee Include Common Areas,Cable TV,Insurance,Maintenance Grounds,Pest Control,Sewer,Trash,Water

Senior Community Yes

Restrictions No Lease 2nd Year Owned

Tax ID 4842 19 Aa 0110

Security Features Security Guard

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required false

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Cash

Special Listing Condition Listed As-Is

Pets Allowed No

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BeachesMLS, Inc. (FLR) IDX
Listed by Melissa A Carbonell Real Broker LLC
Bought with  Karen Sneed RE/MAX Services
NEARBY SCHOOLS & BUSINESSES
Melissa Carbonell

Melissa Carbonell

Broker Associate | License ID: BK3269988

+1(954) 817-2604

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