Condo in 5831 Coral Lake Dr 307 Margate for sale with MLS# A11878892

Beautifully remodeled 2/2 with incredible lake views from your spacious living room and primary suite. Open floor plan. Large master suite with beautifully renovated bathroom. Large hurricane proof window in master bedroom. A/C 2020. In unit washer & dryer. Tile and laminate flooring throughout. Extra storage. Screened patio overlooking tranquil lake. Furniture/furnishings included. Coral Gate is 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.

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5831 Coral Lake Dr 307, Margate, FL 33063

Price
Price:
$166,000.00
Previous Asking Price:
$169,000.00
Original List Price:
$189,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
3rd Party Approval
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11878892
Description of Last Important Update:
Pending (An offer has been accepted)
Last Major Update on:
April 10, 2026 5:47 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
990 Sqft
Built-Up Area:
990 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Lake
Waterfront:
Yes
Waterfront Features:
Lake Front
Swimming Pool Features:
Heated
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Interior:
Split Bedrooms, Entrance Foyer, Other, Elevator
Exterior:
Balcony
Patio and Porch:
Balcony, Screened
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Water Access Description:
None
Construction
Year Built:
1979
Year Built Details:
Resale
Entry Level (floor):
3
Entry Level Location:
3
Construction Materials:
Block
Flooring:
Tile, Laminate
Number of stories:
3
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$3,320.00
Tax Year:
2024
Association Fee:
$557.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
One Space, Guest
Community
Amenities Provided by the Homeowner's Association (HOA):
Pool, Billiard Room, Bike Storage, Trash, Clubhouse, Barbecue, Pickleball, Elevator(s), Picnic Area, Trail(s), Shuffleboard Court, Pier
Subdivision Name:
CORAL GATE III CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Common Areas, Association Management, Insurance, Recreation Facilities, Pools
Complex Name:
Coral Gate
Senior Community:
Yes
Restrictions:
No Leasing During Second Year of Ownership
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
CORAL GATE III CONDO UNIT 307 PER CDO BK/PG: 8503/920
Real Estate Folio Number (Parcel Number):
484219AC0310
Public Schools Assigned
Elementary School:
Tara Elementary
High School:
Monarch
Middle Or Junior School:
Margate Middle
Listing History
Originally published on:
September 15, 2025 4:26 pm
Active on the market since:
September 15, 2025
Price change occurred on:
February 24, 2026 4:37 pm
Listing Status Last Changed On:
April 10, 2026 5:47 pm
Photos updated on:
September 15, 2025 8:50 pm
Last Modified:
April 16, 2026 12:06 am
Additional Information
Unit View:
Lake
Housing Older Persons Act:
Verified
Unit Design:
Exterior Cat Walk, Substantially Remodeled, West Of Us1
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Number of Times Leased per Year:
1
Flood Zone:
X
Application Fee:
$100.00
Style:
Condo 1-4 Stories
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
Coral Lake Dr
Street Number:
5831
Unit Number:
307
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 15' 49.8''
Longitude:
W81° 48' 15.4''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $62,930
Median Home Value $270,100
Median Rent $1,790/mo
Median Age 45
Population 55,539

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 31 Good
☀️ O3 22 Good
🫁 PM2.5 31 Good
💨 PM10 9 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.