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Sold for $150,000
  • $150,000

    5611 Coral Lake Drive #111, Margate, FL 33063

    2beds
    1,090sqft
    Condominium
    Built in 1979
    -- sqft lot
    $149,100 Zestimate®
    $138/sqft
    $2,251 Estimated rent

    Home value

    $149,100

    $134,000 - $166,000

    $2,251/mo

    Zestimate® history
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    What's special

    Three beautifully maintained poolsDesirable first floor unitPeaceful water viewsThree inviting poolsGuest parking nearbyPrivate in-unit laundry
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa A Carbonell 954-817-2604,

    Real Broker LLC

    Bought with:

    Karen Sneed, 697614

    RE/MAX Services

    Source: BeachesMLS,MLS#: R11157083MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Kitchen
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Living room
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
    Features
    • Breakfast Bar, Entrance Foyer, Living/Dining Room, Multiple Primary Suites, Pantry, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Laminate
    Interior area
    • Total structure area: 1,175
    • Total interior livable area: 1,090 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest, Open
    • Uncovered spaces: 1
    • Details: CarportSpaces:0.00
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Porch, Screened
    • Exterior features: Outdoor Living Area, Porch
    • Pool features: Association
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Details
    • Parcel number: 484219Aa0110
    • Zoning: PUD
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Security Guard
    • Senior community: Yes
    • Subdivision: Coral Gate
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Clubhouse, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
    • HOA fee: $616 monthly
    • HOA phone: 954-971-3968
    Location
    • Region: Margate

    Financial & listing details

    • Price per square foot: $138/sqft
    • Tax assessed value: $184,460
    • Annual tax amount: $3,078
    • Date on market: 1/23/2026
    • Cumulative days on market: 67 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    5/1/2026Sold$150,000-9.1%$138/sqft
    Source: BeachesMLS #R11157083 Report a problem
    4/10/2026Pending sale$165,000$151/sqft
    Source: BeachesMLS #R11157083 Report a problem
    1/23/2026Listed for sale$165,000-3.5%$151/sqft
    Source: BeachesMLS #RX-11157083 Report a problem
    3/30/2022Sold$171,000+1.2%$157/sqft
    Source: BeachesMLS #F10316917 Report a problem
    2/10/2022Contingent$169,000$155/sqft
    Source: BeachesMLS #F10316917 Report a problem
    2/3/2022Listed for sale$169,000+37.4%$155/sqft
    Source: BeachesMLS #F10316917 Report a problem
    2/17/2005Sold$123,000+103.3%$113/sqft
    Source: Public Record Report a problem
    6/18/2001Sold$60,500+28.3%$56/sqft
    Source: Public Record Report a problem
    9/1/1991Sold$47,143$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,378 -0.3%$184,460 +0.4%
    2024$3,387 -0.7%$183,740 +0.5%
    2023$3,410 +4.4%$182,890 +35.1%
    2022$3,267 +67.3%$135,390 +15%
    2021$1,953 +129.7%$117,720 +135%
    2020$850 +68.2%$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 -1.7%$45,810 +0.8%
    2014$425 -0.8%$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 -51.4%$62,800 -34.7%
    2008$1,102 -40.6%$96,220 -17%
    2007$1,854 -5.4%$115,920 -0.5%
    2006$1,959 $116,530 +110.3%
    2005-- $55,410 +3%
    2004$823 +1.9%$53,800 +1.9%
    2003$808 +2.8%$52,800 +2.4%
    2002$786 +50.2%$51,570 +20%
    2001$523 +1%$42,970
    2000$518 --
    Find assessor info on the county website

    Neighborhood: 33063

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $149,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $149,100