
Price Check
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.
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.
Customize this estimateListing 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.
Virtual TourGeneral 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
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 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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Recent Sales
Recently sold homes in Coral Gate V Condo
These are the last 6 recorded closings in Coral Gate V Condo, 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 V Condo or find out what your Coral Gate V Condo home is worth.









