Price Check
How this price compares
- List price
- $210,000
- Price per sq ft
- $193
- Vs. nearby sales
- 30.4% above
- Days on market
- 764
This 2-bedroom condo in Coral Gate is listed at $210,000, or $193 per square foot. It has been on the market for 764 days. The 6 most recent condo sales in the closings shown below sold at a median of $148 per square foot, so the asking price is 30.4% above what comparable homes here actually sold for.
Estimated monthly payment
$1,104 /mo
Principal and interest only, based on $42,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $616/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $210,000
- Days on Site
- 764 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,090 sqft
- Year Built
- 1979
- Property Type
- Condo
- MLS #
- F10457285
- Property Tax
- $1,473 (2023)
- HOA Fees
- $616 / Monthly
- Subdivision
- CORAL GATE
- County
- Broward
- Status
- Active
About This Property
Discover this delightful first-floor unit in the sought-after Coral Gate community of Margate. Enjoy a view of the serene lake, all while being conveniently close to shopping, dining, and entertainment.This unit features a split floor plan, ensuring privacy and space. The kitchen has been tastefully updated and offers plenty of cabinetry, perfect for the home chef. The guest bathroom has also been newly remodeled, and the guest bedroom is the only room with carpet, with the rest of the unit is easy-to-maintain tile flooring.The spacious master suite comes with three closets, offering ample storage space. The unit is equipped with a washer and dryer for your convenience. Bldg has storage room. Pool and tennis courts just a short walk away. Building has passed 40y inspections.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1979
- Property Condition
- Resale
- Number of Stories
- 3
- Garage Spaces
- 0
- Parking
- Detached Carport / Detached / Garage / Guest
- Living Sq Ft
- 1,090
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Ice Maker / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Tile
- Interior Features
- Eat In Kitchen / Kitchen Dining Combo / Main Level Primary / Pantry / Split Bedrooms / Separate Shower
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Exterior Features
- Courtyard / Outdoor Living Area / Porch
- Architectural Style
- Other
- Pool Features
- Association
- Patio & Porch
- Porch / Screened
- Waterfront
- Yes
- Waterfront Features
- Lake Front / Other
- View
- Garden / Lake
Community & HOA
- HOA Fee
- $616 / Monthly
- HOA Includes
- Maintenance Grounds / Pools / Roof / Sewer / Trash / Water
- Association Amenities
- Pool
- Security
- None
- Utilities
- Cable Available
- Pets Allowed
- Breed Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Other Restrictions / Ok To Lease
- MLS Area
- 3631
This home's HOA fee works out to $616 a month, in line with the $601 median across 7 homes for sale in Coral Gate. See Coral Gate HOA fees
About the Community
- Homes for Sale
- 7
- Median List Price
- $189,000
- Median $/Sq Ft
- $180
- Avg Days on Market
- 250
Frequently Asked Questions
- How do I schedule a tour of 5609 Coral Lake 109, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 5609 Coral Lake 109, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5609 Coral Lake 109, Margate, FL 33063 still available?
- 5609 Coral Lake 109, Margate, FL 33063 is currently listed as Active, and has been on the market 764 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5609 Coral Lake 109, Margate, FL 33063?
- With 20% down ($42,000) on the $210,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5609 Coral Lake 109, Margate, FL 33063 is about $1,104/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5609 Coral Lake 109, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5609 Coral Lake 109, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5609 Coral Lake 109, Margate, FL 33063 have an HOA fee?
- Yes: 5609 Coral Lake 109, Margate, FL 33063 carries an HOA fee of about $616 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 5609 Coral Lake 109, Margate, FL 33063?
- Often, yes. The right offer on 5609 Coral Lake 109, Margate, FL 33063 depends on how it's priced against comparable condo sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Agent Plus Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$210,000
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Listed by Vera Silvia Ferreira, Agent Plus Realty
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Recent Sales
Recently sold homes in Coral Gate
These are the last 6 recorded closings in Coral Gate, with the price each home actually sold for rather than what it was listed at. They closed at a median of $149 per square foot. The most recent closed on August 31, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$160,000
Sold · August 31, 2026
5926 Coral Lake Drive 302
2 bed · 2 bath · 1,090 sqft · $147/sqft
$10,000 under the asking price
Sold$170,000
Sold · May 28, 2026
6311 Coral Lake Drive 111
2 bed · 2 bath · 1,090 sqft · $156/sqft
$10,000 under the asking price
Sold$199,000
Sold · May 21, 2026
6524 Coral Lake Drive 212
2 bed · 2 bath · 1,090 sqft · $183/sqft
$15,999 under the asking price
Sold$150,000
Sold · May 1, 2026
5611 Coral Lake Drive 111
2 bed · 2 bath · 1,090 sqft · $138/sqft
$15,000 under the asking price
Sold$124,000
Sold · April 28, 2026
6011 Coral Lake Drive 111
2 bed · 2 bath · 1,090 sqft · $114/sqft
$5,900 under the asking price
Sold$162,400
Sold · April 7, 2026
6022 Coral Lake Drive 210
2 bed · 2 bath · 1,090 sqft · $149/sqft
$2,500 under the asking price
See every recorded sale in Coral Gate or find out what your Coral Gate home is worth.
