$190,000
5718 Coral Lake Drive 206
Explore the area: Margate homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $190,000
- Price per sq ft
- $190
- Original price
- $200,000
- Days on market
- 60
This 2-bedroom condo in Coral Gate Ii Condo is listed at $190,000, or $190 per square foot. The asking price has come down 5% from its original $200,000. It has been on the market for 60 days.
Estimated monthly payment
$999 /mo
Principal and interest only, based on $38,000 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
- $190,000
- Days on Site
- 60 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,000 sqft
- Total Sq Ft
- 1,000 sqft
- Year Built
- 1979
- Property Type
- Condo
- MLS #
- B26062129
- Property Tax
- $3,845 (2025)
- HOA Fees
- $616 / Monthly
- Subdivision
- CORAL GATE II CONDO
- Development
- CORAL GATE
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
Immaculately maintained and lots of natural light in this great 2 Bedroom, 2 Bathroom Corner condo. Sit on your private balcony and enjoy the lake views. Your own washer & dryer in your unit ! Tile flooring throughout. Open, renovated kitchen. Designated parking out front. Located in 55+ community, Coral Gate that offers new roofs & no assessments or work needed. HOA fee includes: exterior insurance, water, trash, cable, pest control, security, two clubhouses and pools. Conveniently across from Coral Gate Park with Pickle Ball & Tennis courts and just minutes to many shopping, dining, and highway options. ESA pet friendly. Must own for 2 years before you can rent.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1979
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One / Three Or More
- Parking
- Assigned
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,000
- Total Sq Ft
- 1,000
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- PUD
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Bar / Bedroom On Main Level / Elevator / Living Dining Room / Split Bedrooms / Separate Shower
- Laundry
- In Unit / Washer Dryer Install Allowed
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Tile
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Screened / Balcony
- Waterfront
- Yes
- Waterfront Features
- Lake Front / Lake Privileges
- View
- Garden / Lake / Water
Community & HOA
- HOA Fee
- $616 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Sewer / Security / Trash / Water
- Association Amenities
- Clubhouse / Picnic Area / Pool / Parking / Storage / Trash / Elevators
- Utilities
- Sewer Connected / Water Connected
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Lease2nd Year Owned / No Rv / No Truck / Other Restrictions / Ok To Lease / Rental Restriction
- MLS Area
- 3631
Schools
- Elementary School
- Liberty (Broward)
- Middle School
- Margate
- High School
- Monarch
About the Community
- Homes for Sale
- 2
- Under Contract
- 0
- Median List Price
- $209,950
- Median $/Sq Ft
- $200
- Avg Days on Market
- 133
Frequently Asked Questions
- How do I schedule a tour of 5718 Coral Lake Drive 206, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 5718 Coral Lake Drive 206, 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 5718 Coral Lake Drive 206, Margate, FL 33063 still available?
- 5718 Coral Lake Drive 206, Margate, FL 33063 is currently listed as Active, and has been on the market 60 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 5718 Coral Lake Drive 206, Margate, FL 33063?
- With 20% down ($38,000) on the $190,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5718 Coral Lake Drive 206, Margate, FL 33063 is about $999/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 5718 Coral Lake Drive 206, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5718 Coral Lake Drive 206, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5718 Coral Lake Drive 206, Margate, FL 33063 have an HOA fee?
- Yes: 5718 Coral Lake Drive 206, 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 5718 Coral Lake Drive 206, Margate, FL 33063?
- 5718 Coral Lake Drive 206, 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 5718 Coral Lake Drive 206, Margate, FL 33063?
- Often, yes. The right offer on 5718 Coral Lake Drive 206, 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 Compass Florida, 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 August 30, 2026.
$190,000
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Listed by Taylor Valente, Compass Florida, LLC
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Recent Sales
Recently sold homes in Coral Gate Ii Condo
These are the last 2 recorded closings in Coral Gate Ii Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $165 per square foot. The most recent closed on September 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.
Sold$170,000
Sold · September 15, 2026
5734 Coral Lake Drive 310
2 bed · 2 bath · 1,090 sqft · $156/sqft
$5,000 under the asking price
Sold$180,000
Sold · February 12, 2026
5732 Coral Lake Drive 308
2 bed · 2 bath · 1,090 sqft · $165/sqft
$20,000 under the asking price
See every recorded sale in Coral Gate Ii Condo or find out what your Coral Gate Ii Condo home is worth.
