Condo in 5611 Coral Lake Drive 111, Margate, FL 33063 for sale with MLS# R11157083
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.
5611 Coral Lake Drive 111, Margate, FL 33063
- Price:
- $165,000.00
- Original List Price:
- $165,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $151.37
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 10, 2026 1:23 pm
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- 2 Master Suites
- Dining Area:
- Snack Bar/counter, Dining/Living Room
- Living Area:
- 1,090 Sqft
- Built-Up Area:
- 1,175 Sqft
- Building Area Source:
- Public Records
- View from the Property:
- Lake
- Waterfront:
- Yes
- Waterfront Features:
- Lake Front
- Security:
- Security Patrol
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Electric Range
- Interior:
- Pantry, Walk-In Closet(s), Entrance Foyer, Bedroom Layout - Split
- Patio and Porch:
- Porch, Porch - Screened
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- Northeast
- Storm Protection Accordian Shutters:
- Complete
- Year Built:
- 1979
- Year Roof Installed:
- 2026
- Levels:
- Two
- Entry Level Location:
- Entry Level Living Area Y
- Construction Materials:
- CBS
- Flooring:
- Laminate
- Number of stories:
- 3
- Number of Units in the Community or Building:
- 468
- Property Condition:
- Resale
- Tax Annual Amount:
- $3,078.34
- Tax Year:
- 2025
- Association Fee:
- $616.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Homestead Exemption, Other Exemption
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest, Open
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Sewer Available, Water Available
- Water Source:
- Public
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $100.00
- Association Type:
- Condominium
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Community Room, Clubhouse, Playground, Picnic Area, Tennis Court(s), Basketball Court, Pickleball Court(s)
- Building Name:
- 1
- Subdivision Name:
- Coral Gate
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Common Areas, Insurance
- Senior Community:
- Yes
- Development Name:
- Coral Gate
- Association Phone:
- (954) 971-3968
- Association Minimum Credit Score:
- 650
- Minimum Days per Lease:
- 365
- Other Leasing Restrictions:
- Leasing Prohibited 1st 2 Years
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Occupant Type:
- Owner Occupied
- Buyer Possession:
- Negotiable
- Negotiable Seller Concessions
- Tax Legal Description:
- Legal Description CORAL GATE I CONDO UNIT 111 PER CDO BK/PG: 8277/600
- Real Estate Folio Number (Parcel Number):
- 4842 19 Aa 0110
- Zoning:
- PUD
- Active on the market since:
- January 23, 2026
- Listing Agreement executed on:
- January 23, 2026
- Purchase Contract Date:
- March 31, 2026
- Listing Status Last Changed On:
- April 10, 2026 1:23 pm
- Photos updated on:
- February 17, 2026 1:36 pm
- Last Modified:
- April 10, 2026 1:24 pm
- Courtesy of:
- Real Broker LLC
- Attribution:
- Not provided
- Street Name:
- Coral Lake
- Street Number:
- 5611
- Unit Number:
- 111
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 15' 53.1''
- Longitude:
- W81° 48' 10.5''
- Street Suffix:
- Drive
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates

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