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6048 Coral Lake Drive, Margate, FL 33063
Active
60 Days on Market
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$220,000

6048 Coral Lake Drive

Margate, FL 33063

CORAL GATE V CONDO

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

How this price compares

List price
$220,000
Price per sq ft
$202
Vs. nearby sales
36.5% above
Days on market
60

This 2-bedroom condo in Coral Gate V Condo is listed at $220,000, or $202 per square foot. It has been on the market for 60 days. The 6 most recent condo sales in the closings shown below sold at a median of $148 per square foot, so the asking price is 36.5% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,090
Living Sq Ft
1980
Year Built

Estimated monthly payment

$1,156 /mo

Principal and interest only, based on $44,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $601/mo HOA are not included.

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Listing Snapshot

Price
$220,000
Days on Site
60 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
1980
Property Type
Condo
MLS #
B26056565
Property Tax
$2,101 (2025)
HOA Fees
$601 / Monthly
Subdivision
CORAL GATE V CONDO
Development
CORAL GATE 55+
County
Broward
Status
Active
Special Conditions
Standard

About This Property

Bright and spacious 2BR/2BA lakefront CORNER PH condo offered mostly furnished in a desirable 55+ community. Open floor plan features new RICH BAMBOO FLOORING, knockdown ceilings, neutral décor, and a screened BALCONY overlooking SWEEPING lake views. UPDATED, OPEN kitchen includes newer LG & Samsung S/S appliances, breakfast bar, double pantry w/ pull-out shelves, black S/S sink w/ lake views. Split-bedroom layout offers privacy. BIG Primary suite features bamboo flooring, impact windows, three closets, and NEW, updated bath boasting a marble top vanity + stall shower w/ body jets. Guest bath UPDATED. Partial IMPACT glass, GE w/d, NEW ROOF! Healthy reserves! Community pool. DUES includes cable, INTERNET, pest control, exterior maintenance, and common areas. Convenient to shopping & dining.

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General Features

Property Type
Condo
Status
Active
Year Built
1980
Property Condition
Resale / Updated Remodeled
Number of Stories
4
Levels
One
Parking
Assigned / Guest
Direction Faces
East
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
Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Carpet / Marble / Tile / Wood
Interior Features
Bedroom On Main Level / Entrance Foyer / Eat In Kitchen / Elevator / Kitchen Island / Living Dining Room / Pantry / Split Bedrooms / Separate Shower
Laundry
In Unit / Washer Dryer Install Allowed
Windows
Sliding / Storm Windows
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Partially

Exterior Features

Construction
Block
Roof
Concrete
Exterior Features
Balcony / Garden / Lighting / Outdoor Living Area / Storage / Tennis Courts
Architectural Style
Mediterranean
Pool Features
Association / Heated
Patio & Porch
Covered / Screened / Balcony
Lot Features
Sprinklers Automatic
Waterfront Features
Lake Front / None
View
Garden / Lake / Water

Community & HOA

HOA Fee
$601 / Monthly
HOA Name
Coral Gate
HOA Includes
Common Areas / Cable Tv / Insurance / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Recreation Facilities / Roof / Sewer / Security / Trash / Water / Internet
Association Amenities
Billiard Room / Clubhouse / Fitness Center / Maintenance Grounds / Management / Maintenance / Picnic Area / Pickleball / Pool / Recreation Facilities / Shuffleboard Court / Security / Storage / Tennis Courts / Trails / Trash / Elevators
Community Features
Property Manager On Site
Security
None / Smoke Detectors / Security Guard
Utilities
Cable Connected / Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Commercial Vehicles / No Rv / No Truck / Other Restrictions
MLS Area
3631

This home's HOA fee works out to $601 a month, in line with the $601 median across 7 homes for sale in Coral Gate V Condo. See Coral Gate V Condo HOA fees

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 6048 Coral Lake Drive, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 6048 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 6048 Coral Lake Drive, Margate, FL 33063 still available?
6048 Coral Lake Drive, Margate, FL 33063 is currently listed as Active, and has been on the market 60 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 6048 Coral Lake Drive, Margate, FL 33063?
With 20% down ($44,000) on the $220,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 6048 Coral Lake Drive, Margate, FL 33063 is about $1,156/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 6048 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 6048 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 6048 Coral Lake Drive, Margate, FL 33063 have an HOA fee?
Yes: 6048 Coral Lake Drive, Margate, FL 33063 carries an HOA fee of about $601 monthly (Coral Gate). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 6048 Coral Lake Drive, Margate, FL 33063?
6048 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 6048 Coral Lake Drive, Margate, FL 33063?
Often, yes. The right offer on 6048 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 August 1, 2026.

$220,000

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Listed by Carolyn V McNamara, Coldwell Banker Realty

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