$160,000
5828 Coral Lake Drive
CORAL GATE III CONDO
Explore the area: Margate homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $160,000
- Price per sq ft
- $147
- Vs. nearby sales
- 101.4% above
- Days on market
- 92
This 2-bedroom condo in ZIP 33063 is listed at $160,000, or $147 per square foot. The asking price has come down 13.5% from its original $185,000. It has been on the market for 92 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 101.4% above what comparable homes here actually sold for.
Estimated monthly payment
$841 /mo
Principal and interest only, based on $32,000 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
- $160,000
- Days on Site
- 92 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 #
- B26044691
- Property Tax
- $899 (2025)
- HOA Fees
- $616 / Monthly
- Subdivision
- CORAL GATE III CONDO
- Development
- Coral Gate
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
It's all about the water! Enjoy peaceful, sweeping lake views from this beautifully well-kept 2BR/2BA condo in the highly desirable 55+ community of Coral Lake. This bright and inviting unit offers plenty of storage throughout and the added convenience of a washer and dryer right in the unit—making everyday living easy and comfortable. Wake up to serene waterfront scenery and unwind in your own tranquil retreat. Residents enjoy access to three sparkling community pools, perfect for relaxing or socializing, as well as a scenic lakeside dock where you can take in the calming water views. Ideally located next to Coral Lake Park, offering tennis courts, pickleball, and green spaces for an active, outdoor lifestyle. A wonderful opportunity to enjoy low-maintenance living in a vibrant community, just minutes from shopping, dining, and everything South Florida has to offer.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1979
- Property Condition
- Resale
- Number of Stories
- 3
- Levels
- One
- Parking
- Assigned / Guest
- 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 / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Other / Separate Shower
- Laundry
- In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Screened / Balcony
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake / Water
Community & HOA
- HOA Fee
- $616 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Recreation Facilities / Reserve Fund / Trash / Water / Internet
- Association Amenities
- Billiard Room / Clubhouse / Library / Maintenance / Pool / Recreation Facilities
- Utilities
- Cable Connected / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Lease2nd Year Owned / Ok To Lease / Rental Restriction
- MLS Area
- 3631
Schools
- Elementary School
- Liberty (Broward)
- Middle School
- Margate
- High School
- Monarch
About the Area
Browse Margate homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Margate includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Margate listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 495
- Median List Price
- $158,000
- Median $/Sq Ft
- $165
- Avg Days on Market
- 132
Frequently Asked Questions
- How do I schedule a tour of 5828 Coral Lake Drive, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 5828 Coral Lake Drive, 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 5828 Coral Lake Drive, Margate, FL 33063 still available?
- 5828 Coral Lake Drive, Margate, FL 33063 is currently listed as Active, and has been on the market 92 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 5828 Coral Lake Drive, Margate, FL 33063?
- With 20% down ($32,000) on the $160,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5828 Coral Lake Drive, Margate, FL 33063 is about $841/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 5828 Coral Lake Drive, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5828 Coral Lake Drive, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5828 Coral Lake Drive, Margate, FL 33063 have an HOA fee?
- Yes: 5828 Coral Lake Drive, 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 5828 Coral Lake Drive, Margate, FL 33063?
- 5828 Coral Lake Drive, 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 5828 Coral Lake Drive, Margate, FL 33063?
- Often, yes. The right offer on 5828 Coral Lake Drive, 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 Coldwell Banker Realty
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 June 24, 2026.
$160,000
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Listed by Rona Namer, Coldwell Banker Realty
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Recent Sales
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.
Sold$475,000
Sold · October 15, 2026
2000 NW 70th Lane
3 bed · 2 bath · 1,804 sqft · $263/sqft
$25,000 under the asking price
Sold$69,000
Sold · October 15, 2026
3180 Holiday Springs Boulevard 5-309
2 bed · 2 bath · 958 sqft · $72/sqft
Sold$67,500
Sold · October 14, 2026
1045 Country Club Drive 307
2 bed · 2 bath · 930 sqft · $73/sqft
$6,500 under the asking price
Sold$575,000
Sold · October 14, 2026
3071 Dogwood Lane
3 bed · 2 bath · 1,725 sqft · $333/sqft
$24,500 under the asking price
Sold$145,000
Sold · October 14, 2026
1650 NW 80th Avenue
2 bed · 2 bath · 1,000 sqft · $145/sqft
$4,000 under the asking price
Sold$340,000
Sold · October 14, 2026
450 E Lakewood Circle E B
3 bed · 2 bath · 1,396 sqft · $244/sqft
$10,000 under the asking price
See every recorded sale in ZIP 33063 or find out what your ZIP 33063 home is worth.
