Accepting backups

$138,000

5605 CORAL LAKE DRIVE #105, MARGATE, FL 33063

2beds

1,090sqft

$1,628/mo

Get pre-qualified

Condominium

Built in 1979

-- sqft lot

$130,300 Zestimate^®

$127/sqft

$616/mo HOA

What's special

Under contract-accepting backup offers. Fantastic opportunity to make this 2 bedroom, 2 bath condo your own in a desirable 55+ community less than 30 mins to the beach. Ideally situated in the building closest to the community pool and dock, this unit offers the perfect mix of convience and relaxation. Additional bonuses include the closest parking spot to the building and a private storage closet on the second floor. This condo is priced to reflect its need for a bit of TLC making it an excellent opportunity for someone to make it their own and build a little equity.

52 days

66

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: First
Area: 180 Square Feet
Dimensions: 15x12

Bedroom 2

Features: Built-in Closet
Level: First
Area: 132 Square Feet
Dimensions: 11x12

Balcony porch lanai

Level: First
Area: 72 Square Feet
Dimensions: 6x12

Great room

Level: First
Area: 312 Square Feet
Dimensions: 24x13

Kitchen

Level: First
Area: 112 Square Feet
Dimensions: 14x8

Heating

Central

Cooling

Central Air

Appliances

Included: Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
Laundry: Laundry Closet

Features

Ceiling Fan(s), Living Room/Dining Room Combo
Flooring: Carpet, Ceramic Tile, Laminate
Doors: Sliding Doors
Has fireplace: No

Interior area

Total structure area: 1,090
Total interior livable area: 1,090 sqft

Property

Features

Levels: One
Stories: 1
Patio & porch: Covered, Enclosed, Screened
Exterior features: Lighting, Private Entrance, Sidewalk
Pool features: In Ground
Has view: Yes
View description: Water, Pond
Has water view: Yes
Water view: Water,Pond

Lot

Size: 1,223 Square Feet

Details

Parcel number: 484219AA0050
Zoning: PUD
Special conditions: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Public, Water Connected

Green energy

Energy generation: Wind

Community & HOA

Community

Features: Pool
Pet fee: $0 monthly
Senior community: Yes
Subdivision: CORAL GATE I CONDO

HOA

Has HOA: Yes
Services included: Community Pool, Maintenance Grounds, Other
HOA fee: $616 monthly

Location

Region: Margate

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $184,460
Annual tax amount: $556
Date on market: 7/5/2026
Cumulative days on market: 40 days
Listing terms: Cash,Conventional
Ownership: Condominium
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$130,300

$124,000 - $137,000

$2,004/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$138,000$127/sqft
Source: Stellar MLS #G5114678 Report a problem
7/30/2026	Contingent	$138,000$127/sqft
Source: Stellar MLS #G5114678 Report a problem
7/5/2026	Listed for sale	$138,000+55.2%$127/sqft
Source: Stellar MLS #G5114678 Report a problem
12/26/2003	Sold	$88,900$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$557 +1.6%	$57,090 +2.9%
2024	$548 +0.6%	$55,490 +3%
2023	$545 +3.6%	$53,880 +3%
2022	$526 +1.5%	$52,320 +3%
2021	$518 +1.2%	$50,800 +1.4%
2020	$512 +1.2%	$50,100 +2.3%
2019	$506	$48,980 +1.9%
2018	$506 +2.9%	$48,070 +2.1%
2017	$492 +0.2%	$47,090 +2.1%
2016	$490 +17.5%	$46,130 +0.7%
2015	$417 -2.5%	$45,810 +0.8%
2014	$428	$45,450 -11.2%
2013	$428 +119.1%	$51,180 +6.7%
2012	$195 +7.5%	$47,980 +7.1%
2011	$182 -50.5%	$44,780 +6.3%
2010	$367 -31.5%	$42,130 -32.9%
2009	$536 -48.5%	$62,800 -21.2%
2008	$1,039 -20.5%	$79,690 +3%
2007	$1,307 +0%	$77,370 +2.5%
2006	$1,307	$75,490 +3%
2005	--	$73,300 +3%
2004	$1,289 -25.2%	$71,170 +15%
2003	$1,724 +17.5%	$61,880 +20%
2002	$1,467 +21.7%	$51,570 +20%
2001	$1,206 +0.6%	$42,970
2000	$1,199	--