5718 Coral Lake Drive 206, Margate, FL 33063 (MLS# B26062129)

5718 Coral Lake Drive 206, Margate, FL 33063

$190,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,000 Status: Active
Current Price: $190,000 List Date: 8/09/2026 Last Modified: 10/20/2026

Overview

Description

Immaculately maintained and lots of natural light in this great 2 Bedroom, 2 Bathroom Corner condo. Sit on your private balcony and enjoy the lake views. Your own washer & dryer in your unit ! Tile flooring throughout. Open, renovated kitchen. Designated parking out front. Located in 55+ community, Coral Gate that offers new roofs & no assessments or work needed. HOA fee includes: exterior insurance, water, trash, cable, pest control, security, two clubhouses and pools. Conveniently across from Coral Gate Park with Pickle Ball & Tennis courts and just minutes to many shopping, dining, and highway options. ESA pet friendly. Must own for 2 years before you can rent.

Listing Details MLS# B26062129

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1000
Building Area Source
Appraiser
Living Area Main
1000
Living Area Source
Appraiser
Adjusted Area Main
1000
Accessibility Features YN
No
Year Built
1979
Parking Total
Yes
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
3
Direction Faces
North
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Legal/Accounting; Maintenance Grounds; Pest Control; Pool Service; Security; Trash; Water Dining Area: Dining/Living Room; Snack Bar/Counter Flooring: Ceramic Tile Foundation Details: Block Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned Property Condition: Resale; Updated/Remodeled Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Elevator Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Lease Restrictions; Other Restrictions; Parking - No RV; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Tile Sewer: Public Sewer Structure Type: Multi Family Tax Information: No Homestead Unit Description: Corner/End Unit; Exterior Catwalk; Garden Apartment Utilities: Sewer Connected; Water Connected View: Garden; Water Water Access: Lake Access Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Schedule Online; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom; Other

Contract Information

Comp Sale YN
No
Original List Price
200000
Occupant Type
Vacant
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
5718
Street Name
Coral Lake
Street Suffix
Drive
Unit Number
206
City Name
Margate
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33063
Postal Code +4
5859
Postal Zip
33063
Subdivision Name
CORAL GATE II CONDO
Development Name
CORAL GATE
Area
3631
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Liberty (Broward)
Middle Or Junior School
Margate
High School
Monarch
Special Assessment YN
No
Parcel Number
484219ab0180
Zoning
PUD
Flood Zone
X

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
616
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Email
https://www.coralgatecondo.com/
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
616
Membership Fee Required YN
No
Tax Annual Amount
3844.5
Tax Year
2025
Tax Legal Description
CORAL GATE II CONDO UNIT 206 PER CDO BK/PG: 8418/1

Status Change Information

Major Change Timestamp
2026-09-17T17:57:19Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-17T17:57:19Z
Status Change Date
2026-08-09

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes
Parking Space Number
32

Boat and Dock Information

Dock
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No

Qualifying Requirements

Minimum % Down
15
Minimum % Down Required By
Association
Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Price Calculations

Current Price To SqFt
200

Originating Details

Originating System Key
20260809173332460398000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Compass Florida, LLC
Source MLS Verified
Last Updated: October - 20 - 2026
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