$150,000
Sold · May 1, 2026
5611 Coral Lake Drive 111
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $150,000
- Vs. list price
- 9.1% under
- Days on market
- 67
- Price per sq ft
- $138
This 2-bedroom condo in Coral Gate sold for $150,000 on May 1, 2026. That was 9.1% below its final list price of $165,000. It spent 67 days on the market. At $138 per square foot, it closed 9.8% below the $153 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $150,000
- Sold On
- May 1, 2026
- Days on Site
- 67 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,090 sqft
- Total Sq Ft
- 1,175 sqft
- Year Built
- 1979
- Property Type
- Condo
- MLS #
- R11157083
- Property Tax
- $3,078 (2025)
- HOA Fees
- $616 / Monthly
- Subdivision
- Coral Gate
- Development
- Coral Gate
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1979
- Property Condition
- Resale
- Number of Stories
- 3
- Garage Spaces
- 0
- Parking
- Assigned / Guest / Open
- Direction Faces
- Northeast
- Living Sq Ft
- 1,090
- Total Sq Ft
- 1,175
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- PUD
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Laminate
- Interior Features
- Breakfast Bar / Entrance Foyer / Living Dining Room / Multiple Primary Suites / Pantry / Split Bedrooms / Walk In Closets
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area / Porch
- Pool Features
- Association
- Patio & Porch
- Porch / Screened
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake
Community & HOA
- HOA Fee
- $616 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Pest Control / Sewer / Trash / Water
- Association Amenities
- Basketball Court / Clubhouse / Picnic Area / Playground / Pickleball / Pool / Tennis Courts
- Security
- Security Guard
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Lease2nd Year Owned
- MLS Area
- 3631
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 5611 Coral Lake Drive 111, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 5611 Coral Lake Drive 111, 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 5611 Coral Lake Drive 111, Margate, FL 33063 still available?
- 5611 Coral Lake Drive 111, Margate, FL 33063 is currently listed as Sold, and has been on the market 67 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 5611 Coral Lake Drive 111, Margate, FL 33063?
- With 20% down ($33,000) on the $165,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5611 Coral Lake Drive 111, Margate, FL 33063 is about $867/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 5611 Coral Lake Drive 111, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5611 Coral Lake Drive 111, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5611 Coral Lake Drive 111, Margate, FL 33063 have an HOA fee?
- Yes: 5611 Coral Lake Drive 111, 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 5611 Coral Lake Drive 111, Margate, FL 33063?
- Often, yes. The right offer on 5611 Coral Lake Drive 111, 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 Real Broker LLC
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 July 1, 2026.
$150,000
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Listed by Melissa A Carbonell, Real Broker LLC
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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 $156 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$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
Sold$190,000
Sold · March 17, 2026
5921 Coral Lake Drive 209
2 bed · 2 bath · 1,090 sqft · $174/sqft
$10,000 under the asking price
See every recorded sale in Coral Gate or find out what your Coral Gate home is worth.
