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5801 Coral Lake Drive 101, Margate, FL 33063
Sold
336 Days on Market
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$230,000

Sold · February 23, 2026

5801 Coral Lake Drive 101

Margate, FL 33063

Coral Gate

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

What this home sold for

Sold price
$230,000
Vs. list price
2.1% under
Days on market
336
Price per sq ft
$211

This 2-bedroom condo in Coral Gate sold for $230,000 on February 23, 2026. That was 2.1% below its final list price of $235,000. It first came on the market at $249,000, so the price was adjusted before it sold. It spent 336 days on the market. At $211 per square foot, it closed 42.6% above the $148 median of the 6 other condo sales in the recent closings shown below.

2
Bedrooms
2
Bathrooms
1,090
Living Sq Ft
1979
Year Built

Listing Snapshot

Sold Price
$230,000
Sold On
February 23, 2026
Days on Site
336 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,090 sqft
Year Built
1979
Property Type
Condo
MLS #
F10470206
Property Tax
$781 (2023)
HOA Fees
$553 / Monthly
Subdivision
Coral Gate
County
Broward
Status
Sold

About This Property

Beautiful, spacious and newly remodeled 2-bedroom, 2-bathroom unit located in the well maintained 55+ Coral Gate community. Check out this move in ready corner unit with a serene lake view. Coral gate offers a variety of amenities, including a clubhouse, 3 heated pools, shuffleboard, and a walking/jogging/biking path. Tennis, basketball and pickle ball courts less than 1/2 mile away. Close to multiple grocery stores and the Coconut Creek Casino.Leasing ok after owning for 2 years

Virtual Tour

General Features

Property Type
Condo
Status
Sold
Year Built
1979
Property Condition
Resale
Number of Stories
3
Garage Spaces
0
Living Sq Ft
1,090

Interior Features

Appliances
Dryer / Washer
Cooling
Central Air
Heating
Central
Flooring
Laminate / Other
Interior Features
Main Level Primary
Main Level Bedrooms
2
Main Level Baths
2

Exterior Features

Construction
Block
Exterior Features
Outdoor Living Area / Porch
Pool Features
Association
Patio & Porch
Porch / Screened
Waterfront Features
Lake Front / None
View
Lake

Community & HOA

HOA Fee
$553 / Monthly
HOA Includes
Maintenance Grounds / Pools / Roof / Sewer / Trash
Association Amenities
Clubhouse / Pool
Security
None
Pets Allowed
Breed Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA
Restrictions
Other Restrictions
MLS Area
3632

Schools

Elementary School
Liberty (Broward)
Middle School
Margate
High School
Monarch
Homes for Sale
7
Median List Price
$189,000
Median $/Sq Ft
$180
Avg Days on Market
250
View all 7 homes for sale in Coral Gate →
How do I schedule a tour of 5801 Coral Lake Drive 101, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 5801 Coral Lake Drive 101, 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 5801 Coral Lake Drive 101, Margate, FL 33063 still available?
5801 Coral Lake Drive 101, Margate, FL 33063 is currently listed as Sold, and has been on the market 336 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 5801 Coral Lake Drive 101, Margate, FL 33063?
With 20% down ($47,000) on the $235,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5801 Coral Lake Drive 101, Margate, FL 33063 is about $1,235/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 5801 Coral Lake Drive 101, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5801 Coral Lake Drive 101, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5801 Coral Lake Drive 101, Margate, FL 33063 have an HOA fee?
Yes: 5801 Coral Lake Drive 101, Margate, FL 33063 carries an HOA fee of about $553 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 5801 Coral Lake Drive 101, Margate, FL 33063?
5801 Coral Lake Drive 101, 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 5801 Coral Lake Drive 101, Margate, FL 33063?
Often, yes. The right offer on 5801 Coral Lake Drive 101, 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 Waterbridge Real Estate 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.

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Listed by Gina Perrotta, Waterbridge Real Estate LLC

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