5603 Coral Lake Drive 103, Margate, FL 33063

$140,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,090 Status: Closed
Current Price: $140,000 List Date: 10/19/2021 Last Modified: 9/08/2026

Overview

Description

Beautiful & Quiet 55+ Lake Community, 1st floor, spacious 2 bedroom 2 bath split floor plan 1090 sq ft condo. This unit has an unobstructed panoramic view of the lake, next to club house, fishing pier. Coral Gate is one of the hottest 55 plus communities in Broward County. This building has had it's 40 year inspection and is located right next to the pool. Washer/dryer inside unit, Master bedroom has 3 closets, and a beautiful water view. additional storage. Coral Gate is also minutes to the beach, restaurants, parks and shopping. Community amenities include, 3 pools and clubhouses, on site property management, basic cable, fishing and kayaking lake and much, much more. Coral Gate is a nice highly sought after area. We are priced right move in ready, & we have the best location.Thanks

Supplements: This unit has an unobstructed panoramic view of the lake, next to club house, fishing pier. Coral Gate is one of the hottest 55 plus communities in Broward County. This building has had it's 40 year inspection and is located right next to the pool. Washer/dryer inside unit, Master bedroom has 3 closets, and a beautiful water view. additional st ...

Listing Details MLS# F10305104

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1090
Year Built
1979
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
3
Furnished
Unfurnished
LP/Assessed Value
1.29

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Sewer; Trash; Water Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Exterior Features: Barbecue; Lighting Flooring: Carpet; Tile Parking Features: Assigned; Deeded Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; Custom Mirrors; Storage Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: No Possession: Negotiable Restrictions: Limited # Vehicles; Other Restrictions; Parking - No Motorcycle; Parking - No RV; Parking - No Truck Security Features: Other Tax Information: Homestead Exemption Utilities: Cable Available Water Access: None Water View: Lake Waterfront Features: Lagoon; Lake Front Window Features: Other Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
140000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
5603
Street Name
Coral Lake
Street Suffix
Drive
Unit Number
103
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
5869
Postal Zip
33063
Subdivision Name
CORAL GATE
Area
3631
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484219AA0030
Directions
Use GPS, to get there. It's general location is just North of Copans and East of 441 on Coral Lake DR.
Building Name
5603

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Fee
300
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
839
Tax Year
2020
Tax Assessed/SOH Value
108890
Tax Legal Description
CORAL GATE I CONDO UNIT 103 PER CDO BK/PG: 8277/600
Assessor Market Value
108890

Status Change Information

Major Change Timestamp
2021-11-23T20:57:08Z
Major Change Type
Status Change
Status Change Date
2021-11-29
Under Contract Date
2021-10-24
Close Date
2021-11-23
Close Price
140000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Custom Mirrors,Split Bedroom

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Qualifying Requirements

Minimum % Down
15
Minimum % Down Required By
Association
Minimum Credit Score YN
Yes
Minimum Credit Score
650

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
128.44
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
0030

Originating Details

Originating System Key
547993120
Originating System ID
M00000170
IDX
Listing Office: Charles Rutenberg Realty FTL
Source MLS Verified
Last Updated: September - 08 - 2026
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