6311 Coral Lake Drive 111, Margate, FL 33063

$170,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,090 Status: Closed
Current Price: $170,000 List Date: 2/09/2026 Last Modified: 8/21/2026

Overview

Description

Spacious and updated condo located in the heart of Margate. This move-in-ready unit features a well-designed layout, modern updates, and generous living space ideal for comfortable everyday living. Enjoy a low association fee, making this an excellent value for buyers seeking affordability without sacrificing convenience. Community requirements include a minimum 650 credit score and a two-year ownership period prior to renting. Centrally located near shopping, dining, and major roadways perfect for full-time residents or long-term owners looking for stability and ease of living.

Listing Details MLS# F10550941

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1090
Living Area Source
Public Records
Year Built
1981
Parking Total
Yes
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Recreation Lease YN
No
Guest House YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Stories
Yes
Direction Faces
West
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
0.98

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance; Recreation Facilities Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Internet; Maintenance Structure; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Trash; Water Dining Area: Dining/Living Room; Kitchen Dining; Snack Bar/Counter Exterior Features: Barbecue; Pool Bathroom Flooring: Laminate; Tile Foundation Details: Block Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Fencing: Fenced Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer Laundry Features: In Unit; Laundry Closet Listing Terms: Cash; Conventional; VA Loan Main Living Area: Entry Level Pets Allowed YN: No Pets Allowed: Cats OK; Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Parking - No Boat; Parking - No Motorcycle; Parking - No RV; Parking - No Trailer; Parking - No Truck Road Responsibility: Private Maintained Road Road Surface Type: Asphalt Security Features: Security Fence Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Structure Type: Multi Family Tax Information: Tax Reflects No Exemptions Unit Description: Exterior Catwalk Utilities: Cable Available View: Water Water Access: None Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Combination Lock Box; Schedule Online; Showing Service Outdoor Living Spaces: Patio Patio Details: Patio - Screened Contingencies: 3rd Party Approval; Inspection Concessions Detail: Closing Costs Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
190000
Negotiable Seller Concessions YN
Yes
Occupant Type
Vacant
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
6311
Street Name
Coral Lake
Street Suffix
Drive
Unit Number
111
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
5849
Postal Zip
33063
Subdivision Name
Coral Gate
Area
3631
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Liberty (Broward)
Middle Or Junior School
Margate
High School
Monarch
Special Assessment YN
No
Parcel Number
484219am0110
Directions
Take Exit 62 for Atlantic Blvd and head west. Continue on Atlantic Blvd for approximately 3 miles. Turn right (north) onto Rock Island Rd. Continue north, then turn left onto Coral Lake Dr. Follow Coral Lake Dr to the community and proceed to the unit.

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Fee
616
Association Fee Frequency
Monthly
Association Reserves YN
Yes
Application Required YN
Yes
Association Phone
954-971-3968
Association Website
https://www.coralgatecondo.com/
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
616
Membership Fee Required YN
No
Tax Annual Amount
2007
Tax Year
2025
Tax Assessed/SOH Value
183740
Tax Legal Description
CORAL GATE VIII CONDO UNIT 111 PER CDO BK/PG: 9142/897
Assessor Market Value
183740

Status Change Information

Major Change Timestamp
2026-05-28T22:02:14Z
Major Change Type
Status Change
Price Change Timestamp
2026-02-23T20:15:55Z
Status Change Date
2026-05-28
Under Contract Date
2026-04-25
Close Date
2026-05-28
Close Price
170000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Parking Information

Open Parking Spaces
Yes
Parking Space Number
B-38

Boat and Dock Information

Dock
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
3

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No
Other Pet Restrictions
EMS or Service Dogs allowed

Qualifying Requirements

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

Buyer Details

Country of Origin
United States
Intended Use
Primary Residence
Buyer State
Florida

Concessions

Seller Concessions
Yes
Seller Concessions Amount
3500

Contributions

Buyer Contributions
No

Price Calculations

Current Price To SqFt
165.13

Section Details

Parcel Number MLX
0110

Originating Details

Originating System Key
609907818
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: CENTURY 21 Tenace Realty
Source MLS Verified
Last Updated: August - 21 - 2026
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