$230,000
Sold · February 23, 2026
5801 Coral Lake Drive 101
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
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.
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 TourGeneral 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
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 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.
$230,000
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Listed by Gina Perrotta, Waterbridge Real Estate 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 $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.
