$155,000
Sold · April 27, 2026
5831 Coral Lake Drive 307
CORAL GATE III CONDO
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $155,000
- Vs. list price
- 6.6% under
- Days on market
- 188
- Price per sq ft
- $157
This 2-bedroom condo in ZIP 33063 sold for $155,000 on April 27, 2026. That was 6.6% below its final list price of $166,000. It first came on the market at $189,000, so the price was adjusted before it sold. It spent 188 days on the market. At $157 per square foot, it closed 115.1% above the $73 median of the 3 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $155,000
- Sold On
- April 27, 2026
- Days on Site
- 188 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 990 sqft
- Total Sq Ft
- 990 sqft
- Year Built
- 1979
- Property Type
- Condo
- MLS #
- A11878892
- Property Tax
- $3,320 (2024)
- HOA Fees
- $557 / Monthly
- Subdivision
- CORAL GATE III CONDO
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Beautifully remodeled 2/2 with incredible lake views from your spacious living room and primary suite. Open floor plan. Large master suite with beautifully renovated bathroom. Large hurricane proof window in master bedroom. A/C 2020. In unit washer & dryer. Tile and laminate flooring throughout. Extra storage. Screened patio overlooking tranquil lake. Furniture/furnishings included. Coral Gate is well appointed 55+ community boasting 3 heated pools and 3 clubhouses, walking & biking trails, billiards, gazebo & shuffleboard. Close to basketball, tennis & pickleball courts. In close proximity to shopping, restaurants, medical and the Coconut Creek Casino.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1979
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 3
- Garage Spaces
- 0
- Parking
- Guest
- Living Sq Ft
- 990
- Total Sq Ft
- 990
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate / Tile
- Interior Features
- Entrance Foyer / Elevator / Other / Split Bedrooms
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Heated
- Patio & Porch
- Screened / Balcony
- Waterfront Features
- Lake Front / None
- View
- Lake
Community & HOA
- HOA Fee
- $557 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Sewer / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Clubhouse / Management / Picnic Area / Pier / Pool / Shuffleboard Court / Trails / Trash / Elevators
- Security
- None
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- 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
- Under Contract
- 108
- Median List Price
- $158,000
- Median Sale Price (September)
- $321,000
- Median $/Sq Ft
- $165
- Avg Days on Market
- 132
Frequently Asked Questions
- How do I schedule a tour of 5831 Coral Lake Drive 307, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 5831 Coral Lake Drive 307, 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 5831 Coral Lake Drive 307, Margate, FL 33063 still available?
- 5831 Coral Lake Drive 307, Margate, FL 33063 is currently listed as Sold, and has been on the market 188 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 5831 Coral Lake Drive 307, Margate, FL 33063?
- With 20% down ($33,200) on the $166,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5831 Coral Lake Drive 307, Margate, FL 33063 is about $872/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 5831 Coral Lake Drive 307, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5831 Coral Lake Drive 307, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5831 Coral Lake Drive 307, Margate, FL 33063 have an HOA fee?
- Yes: 5831 Coral Lake Drive 307, Margate, FL 33063 carries an HOA fee of about $557 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 5831 Coral Lake Drive 307, Margate, FL 33063?
- 5831 Coral Lake Drive 307, 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 5831 Coral Lake Drive 307, Margate, FL 33063?
- Often, yes. The right offer on 5831 Coral Lake Drive 307, 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 The Keyes Company
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.
$155,000
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Listed by Karen R Leventhal, The Keyes Company
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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.
