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5920 Coral Lake Drive 208, Margate, FL 33063
Sold
85 Days on Market
1 / 21
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All Listings

$117,000

Sold · May 28, 2026

5920 Coral Lake Drive 208

Margate, FL 33063

CORAL GATE IV CONDO

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

What this home sold for

Sold price
$117,000
Vs. list price
9.3% under
Days on market
85
Price per sq ft
$107

This 2-bedroom condo in ZIP 33063 sold for $117,000 on May 28, 2026. That was 9.3% below its final list price of $129,000. It first came on the market at $140,000, so the price was adjusted before it sold. It spent 85 days on the market.

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

Listing Snapshot

Sold Price
$117,000
Sold On
May 28, 2026
Days on Site
85 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 #
A11974189
Property Tax
$1,656 (2026)
HOA Fees
$591 / Monthly
Subdivision
CORAL GATE IV CONDO
Development
Coral Gate
County
Broward
Status
Sold
Special Conditions
Listed As Is

About This Property

Bring your vision to life in this spacious 2-bedroom, 2-bath residence offering a true blank canvas for renovation. The unit is developer-ready with new AC, making it ideal for investors, contractors, or buyers looking to design a custom interior. Enjoy serene lake views from the screened-in balcony, perfect for morning coffee or sunset relaxation. Generous living and dining areas provide flexible layout options, and the split-bedroom plan offers privacy and functionality. A rare opportunity to create value and personalize a home in a peaceful lakefront setting.

Virtual Tour

General Features

Property Type
Condo
Status
Sold
Year Built
1979
Property Condition
Resale / Fixer
Number of Stories
3
Levels
Three Or More
Garage Spaces
0
Living Sq Ft
1,090
Total Sq Ft
1,090

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Concrete / Ceramic Tile
Interior Features
Bathtub / Soaking Tub

Exterior Features

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

Community & HOA

HOA Fee
$591 / Monthly
HOA Includes
Internet / Maintenance Grounds / Sewer / Water
Association Amenities
Clubhouse / Maintenance Grounds / Pool
Security
None
Pets Allowed
Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Other
Restrictions
Other Restrictions
MLS Area
3631

Schools

Elementary School
Liberty (Broward)
Middle School
Margate
High School
Monarch

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
616
Median List Price
$161,000
Median $/Sq Ft
$172
Avg Days on Market
135
View all 616 homes for sale in Margate →
How do I schedule a tour of 5920 Coral Lake Drive 208, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 5920 Coral Lake Drive 208, 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 5920 Coral Lake Drive 208, Margate, FL 33063 still available?
5920 Coral Lake Drive 208, Margate, FL 33063 is currently listed as Sold, and has been on the market 85 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 5920 Coral Lake Drive 208, Margate, FL 33063?
With 20% down ($25,800) on the $129,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5920 Coral Lake Drive 208, Margate, FL 33063 is about $678/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 5920 Coral Lake Drive 208, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5920 Coral Lake Drive 208, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5920 Coral Lake Drive 208, Margate, FL 33063 have an HOA fee?
Yes: 5920 Coral Lake Drive 208, Margate, FL 33063 carries an HOA fee of about $591 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 5920 Coral Lake Drive 208, Margate, FL 33063?
5920 Coral Lake Drive 208, 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 5920 Coral Lake Drive 208, Margate, FL 33063?
Often, yes. The right offer on 5920 Coral Lake Drive 208, 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 NuGen Realty 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 Edward Ferenczi, NuGen Realty LLC

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