5608 Coral Lake Drive, Margate, FL 33063

$140,000

Virtual Tour

https://www.propertypanorama.com/5608-Coral-Lake-Drive-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,090 Status: Closed

Current Price: $140,000 List Date: 8/12/2021 Last Modified: 7/02/2026

Overview

Description

Beautiful & Quiet 55+ Lake Community, 1st floor , 2 bedroom 2 bath ,1090 square foot condo. Newer Stainless steel kitchen appliances. The view of the lake is so serene from the large screened in patio. This building has had its 40 year inspection and units are selling fast. Low HOA includes cable w/HBO, water, trash, pest control and sewer. Coral Gate community amenities include 3 pools and clubhouse, on site property management , fishing and kayak lake and so much more! Coral Gate is also minutes to the beach, restaurants and lot's of shopping.

Listing Details MLS# R10735069

General Property Information

Unit Floor #: 108
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1090
Building Area Source: Public Records
Living Area Main: 1090
Accessibility Features YN: Yes
Year Built: 1979
Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: Yes
Gated Community YN: No
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 3
Direction Faces: East
Pool Private YN: No
Furnished: Unfurnished
Year Roof Installed: 1979

Property Features

Accessibility Features: Accessible Elevator Installed Association Fee Includes: Cable TV; Common Areas; Elevator; Maintenance Grounds; Pest Control; Recreation Facility; Sewer; Trash; Water Dining Area: Breakfast Area; Dining/Living Room Flooring: Ceramic Tile; Laminate Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Boat and Dock Features: Ramp Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: None Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Other Restrictions; Parking - No RV; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: Security Patrol Tax Information: Homestead Exemption Unit Description: Exterior Catwalk Utilities: Cable Available Water View: Lake Waterfront Features: Lake Front Showing Requirements: Combination Lock Box; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Screened Contingencies: Inspection Room Types: Bedroom 2; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 134900

Location and Legal

County Or Parish: Broward
County Parish Name: Broward
Street Number: 5608
Street Name: Coral Lake
Street Suffix: Drive
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Zip: 33063
Subdivision Name: CORAL GATE 1 CONDO
Area: 3631
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN: No
Parcel Number: 484219aa0080
Zoning: Residential
Directions: Please use GPS,1st floor 5600 Building
Multiple Offers Accepted: Yes

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 287
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 850.46
Tax Year: 2020
Tax Legal Description: CORAL GATE I CONDO UNIT 108 PER CDO BK/PG: 8277/600

Remarks and Miscellaneous

Public Historical Remarks: Boat Services: Common Dock

More Information

Status Change Information

Major Change Timestamp: 2021-09-14T21:18:05Z
Major Change Type: Status Change
Status Change Date: 2021-09-14
Under Contract Date: 2021-08-17
Close Date: 2021-09-14
Close Price: 140000
Buyer Financing: Cash

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Dock Details: Boat Services: Y

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Qualifying Requirements

Minimum Credit Score: 650

Storm Protection

Roll-Down Shutters: Partial

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 128.44
Original List Price To Close Price: 0.96

Originating Details

Originating System Key: 20210731154921014753000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Accessible Elevator Installed: Yes

Amenities

Clubhouse: Yes
Community Room: Yes
Elevator(s): Yes
Manager On Site: Yes
Picnic Area: Yes
Pool: Yes
Shuffleboard Court: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Recreation Facility: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Breakfast Area: Yes
Dining/Living Room: Yes

Flooring

Ceramic Tile: Yes
Laminate: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes

Unit Description

Exterior Catwalk: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

None: Yes

Laundry Features

Inside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Security Patrol: Yes

Waterfront Features

Lake Front: Yes

Boat and Dock Features

Ramp: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Combination Lock Box: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Other Restrictions: Yes
Parking - No RV: Yes
Parking - No Truck: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Screened: Yes

Contingencies

Inspection: Yes

Room Information

Room Name	Length	Width	Level
Living Room	26.00	13.00	Main
Kitchen	20.00	8.00	Main
Master Bedroom	16.00	14.00	Main
Bedroom 2	14.00	12.00
Laundry

Listing Office: Coldwell Banker Realty /Delray Beach

Last Updated: July - 02 - 2026

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