Condo in 5828 Coral Lake Drive, Margate, FL 33063 for sale with MLS# B26044691
It's all about the water! Enjoy peaceful, sweeping lake views from this beautifully well-kept 2BR/2BA condo in the highly desirable 55+ community of Coral Lake. This bright and inviting unit offers plenty of storage throughout and the added convenience of a washer and dryer right in the unit-making everyday living easy and comfortable. Wake up to serene waterfront scenery and unwind in your own tranquil retreat. Residents enjoy access to three sparkling community pools, perfect for relaxing or socializing, as well as a scenic lakeside dock where you can take in the calming water views. Ideally located next to Coral Lake Park, offering tennis courts, pickleball, and green spaces for an active, outdoor lifestyle. A wonderful opportunity to enjoy low-maintenance living in a vibrant community, just minutes from shopping, dining, and everything South Florida has to offer.
5828 Coral Lake Drive, Margate, FL 33063
Price
- Price:
- $165,000.00
- Original List Price:
- $185,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $169.72
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 7, 2026 11:34 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Separate Shower
Measures
- Living Area:
- 1,090 Sqft
- Built-Up Area:
- 1,090 Sqft
- Building Area Source:
- Appraiser
- Living Area Source:
- Appraiser
Property Features
- View from the Property:
- Lake, Water
- Waterfront:
- Yes
- Waterfront Features:
- Lake Front
- Furnished:
- Negotiable
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Water Heater
- Interior:
- Other
- Exterior:
- Balcony
- Laundry:
- In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- North
- Unit Description:
- Exterior Catwalk
- Balcony Details:
- Balcony - Screened
Construction
- Year Built:
- 1979
- Roof:
- Other
- Levels:
- One
- Construction Materials:
- CBS
- Flooring:
- Tile
- Number of stories:
- 3
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 486
- Stories:
- 1
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $898.75
- Tax Year:
- 2025
- Tax Assessed Value:
- $58,400.00
- Association Fee:
- $616.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Homestead Exemption
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected, Cable Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 3-4 Weeks Approval, Association Approval Required
- Association Type:
- Condominium
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Heated Pool, Library, Pool, Community Room, Billiard Room, Game Room, Internet Included, Maintained Community
- Subdivision Name:
- CORAL GATE III CONDO
- Association Fee Includes:
- Maintenance Grounds, Water, Trash, Cable Tv, Common Areas, Insurance, Internet, Reserve Funds, Recreation Facility
- Senior Community:
- Yes
- Development Name:
- Coral Gate
- Association Minimum Credit Score:
- 650
- Association Requires a Minimum Credit Score
- Restrictions:
- Lease Restrictions
- Minimum Days per Lease:
- 365
- Other Leasing Restrictions:
- Leasing Prohibited 1st 2 Years
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- CORAL GATE III CONDO UNIT 304 PER CDO BK/PG: 8503/920
- Real Estate Folio Number (Parcel Number):
- 484219ac0280
- Zoning:
- PUD
Public Schools Assigned
- Elementary School:
- Temple Terrace-hb
- High School:
- Monarch
- Middle Or Junior School:
- Margate
Listing History
- Active on the market since:
- June 24, 2026
- Listing Agreement executed on:
- June 23, 2026
- Price change occurred on:
- July 7, 2026 11:34 pm
- Listing Status Last Changed On:
- June 24, 2026 12:31 am
- Photos updated on:
- June 24, 2026 12:31 am
- Last Modified:
- July 7, 2026 11:34 pm
Additional Information
- Courtesy of:
- Coldwell Banker Realty
- Attribution:
- Not provided
Location
- Street Name:
- Coral Lake
- Street Number:
- 5828
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 15' 49.8''
- Longitude:
- W81° 48' 15.4''
- Street Suffix:
- Drive
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
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