How do I schedule a tour of 5626 Coral Lake Drive 302, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 5626 Coral Lake Drive 302, 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 5626 Coral Lake Drive 302, Margate, FL 33063 still available?

5626 Coral Lake Drive 302, Margate, FL 33063 is currently listed as Active, and has been on the market 22 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 5626 Coral Lake Drive 302, Margate, FL 33063?

With 20% down ($32,800) on the $164,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5626 Coral Lake Drive 302, Margate, FL 33063 is about $862/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 5626 Coral Lake Drive 302, Margate, FL 33063?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5626 Coral Lake Drive 302, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 5626 Coral Lake Drive 302, Margate, FL 33063 have an HOA fee?

Yes: 5626 Coral Lake Drive 302, 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.

What schools serve 5626 Coral Lake Drive 302, Margate, FL 33063?

5626 Coral Lake Drive 302, Margate, FL 33063 is zoned for Liberty (Broward) (elementary), Margate (middle), Monarch (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5626 Coral Lake Drive 302, Margate, FL 33063?

Often, yes. The right offer on 5626 Coral Lake Drive 302, 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.

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$164,000

5626 Coral Lake Drive 302

Margate, FL 33063

CORAL GATE I CONDO

Explore the area: Margate homes for sale · Broward County real estate

Price Check

How this price compares

List price: $164,000
Price per sq ft: $150
Vs. nearby sales: 105.5% above
Days on market: 22

This 2-bedroom condo in ZIP 33063 is listed at $164,000, or $150 per square foot. The asking price has come down 3.5% from its original $169,999. It has been on the market for 22 days. The 3 most recent condo sales in the closings shown below sold at a median of $73 per square foot, so the asking price is 105.5% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,090

Living Sq Ft

1979

Year Built

Estimated monthly payment

$862 /mo

Principal and interest only, based on $32,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $616/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $164,000
Days on Site: 22 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,090 sqft
Total Sq Ft: 1,090 sqft
Year Built: 1979
Property Type: Condo
MLS #: B26076289
Property Tax: $2,580 (2025)
HOA Fees: $616 / Monthly
Subdivision: CORAL GATE I CONDO
Development: CORAL GATE COMMUNITY
County: Broward
Status: Active
Special Conditions: Standard

About This Property

Assumable Low 2.9 Interest rate! Waterfront living awaits in this 2 bed, 2 bath condo within Coral Gate Margate. Beautifully updated! Spacious Kitchen w/new white cabinets, Stainless Steel Range & Hood Fan, Modern Refrigerator. Butlers Pantry. Large deep Stainless Steel Farmers Sink w/ reverse osmosis water filter system. Custom paint. Primary suite has renovated bathroom w/double sinks and Natural Stone Counter top & flooring. Luxury Vinyl floors in Living areas. Hurricane shutters. Impact Window in Primary Bedroom. Keyless entry. This condo represents a solid ownership opportunity with lasting value in an established community. 3 Heated Pools & 3 Clubhouses. Pickle Ball Courts close to community. Buyer could assume existing mortgage w/low interest rate if qualified. 1 person must be 55

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1979
Property Condition: Resale / Updated Remodeled
Number of Stories: 3
Levels: One
Parking: Assigned / Asphalt / Guest / Open
Direction Faces: North
Lot Size (Acres): 0
Living Sq Ft: 1,090
Total Sq Ft: 1,090
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: PUD

Interior Features

Appliances: Dryer / Electric Range / Oven / Refrigerator / Washer
Cooling: Central Air / Ceiling Fans
Heating: Central
Flooring: Ceramic Tile / Vinyl
Interior Features: Breakfast Bar / Bedroom On Main Level / Dual Sinks / Entrance Foyer / Living Dining Room / Pantry / Split Bedrooms / Storage / Separate Shower
Laundry: Laundry Closet / Washer Dryer Install Allowed
Windows: Storm Windows / Shutters
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 3
Furnished: Unfurnished

Exterior Features

Construction: Concrete / Stucco
Roof: Other
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Other
Pool Features: Association / Heated
Patio & Porch: Screened / Balcony
Waterfront Features: Lake Front / None / Pond
View: Lake / Pond / Pool / Water

Community & HOA

HOA Fee: $616 / Monthly
HOA Includes: Cable Tv / Hot Water / Insurance / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Roof / Sewer / Trash / Water / Internet
Association Amenities: Clubhouse / Fitness Center / Hot Water / Maintenance / Pool / Tennis Courts / Transportation Service
Utilities: Cable Available / Electricity Connected / Water Available
Pets Allowed: Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Assumable / Cash / Conventional / Va Loan
Restrictions: Buyer Approval Required / No Lease2nd Year Owned / Ok To Lease
MLS Area: 3631

Schools

Elementary School: Liberty (Broward)
Middle School: Margate
High School: Monarch

About the Community

Coral Gate I Condo

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $182,000
Median $/Sq Ft: $167
Avg Days on Market: 32

View all 2 homes for sale in Coral Gate I Condo →

Frequently Asked Questions

How do I schedule a tour of 5626 Coral Lake Drive 302, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 5626 Coral Lake Drive 302, 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 5626 Coral Lake Drive 302, Margate, FL 33063 still available?: 5626 Coral Lake Drive 302, Margate, FL 33063 is currently listed as Active, and has been on the market 22 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 5626 Coral Lake Drive 302, Margate, FL 33063?: With 20% down ($32,800) on the $164,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5626 Coral Lake Drive 302, Margate, FL 33063 is about $862/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 5626 Coral Lake Drive 302, Margate, FL 33063?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5626 Coral Lake Drive 302, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5626 Coral Lake Drive 302, Margate, FL 33063 have an HOA fee?: Yes: 5626 Coral Lake Drive 302, 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.
What schools serve 5626 Coral Lake Drive 302, Margate, FL 33063?: 5626 Coral Lake Drive 302, Margate, FL 33063 is zoned for Liberty (Broward) (elementary), Margate (middle), Monarch (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5626 Coral Lake Drive 302, Margate, FL 33063?: Often, yes. The right offer on 5626 Coral Lake Drive 302, 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 VantaSure Realty 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 September 16, 2026.

$164,000

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Listed by Colleen F Jones, VantaSure Realty LLC

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Recently sold homes in ZIP 33063

These are the last 6 recorded closings in ZIP 33063, with the price each home actually sold for rather than what it was listed at. They closed at a median of $244 per square foot. The most recent closed on October 15, 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.