$150,000
$165,000
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5611 Coral Lake DR #111 Margate, FL 33063
2 Beds
2 Baths
1,090 SqFt
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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