5611 Coral Lake Drive 111, Margate, FL 33063
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  • MLS#: R11157083 ( Residential )
  • Street Address: 5611 Coral Lake Drive 111
  • Viewed: 4
  • Price: $165,000
  • Price sqft: $140
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 1175
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 7
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Margate
  • Zipcode: 33063
  • Subdivision: Coral Gate
  • Building: Coral Gate
  • Provided by: Real Broker LLC
  • DMCA Notice
  • Description
    Welcome to Coral Gate, a vibrant 55+ waterfront community where every residence enjoys peaceful water views. Desirable first floor unit offers exceptional convenience, including private in unit laundry. New ROOF already budgeted for 2026. A parking space is located directly outside the front door, with plenty of additional guest parking nearby. Residents enjoy three beautifully maintained pools, a clubhouse, and seasonal holiday parties and social activities including bingo. Monthly condo dues include Breezeline fiber optic internet and cable, water, sewer, trash service with monthly bulk pickup, pest control, on site management, master insurance policies, and lawn and pool service. Ideally located near HCA Florida Northwest Hospital, Broward Health Coral Springs Coral Gate is a well maintained 55+ community offering tranquil water views from every residence and a lifestyle centered around ease, comfort, and connection. This first floor unit stands out with the rare convenience of washer and dryer located inside the unit, a highly valued feature in condominium living, along with a dedicated parking space directly outside the front door and ample guest parking just steps away. Residents enjoy three inviting pools, an active clubhouse, and a full calendar of seasonal holiday events and community activities such as bingo. Professional on site management enhances the sense of care and community throughout Coral Gate. Monthly condo dues are comprehensive and include Breezeline fiber optic internet and cable, water, sewer, trash service with a monthly bulk trash day, pest control, master insurance policies, and full lawn and pool maintenance, allowing for truly low maintenance living. The community is conveniently located near HCA Florida Northwest Hospital and Broward Health Coral Springs, providing easy access to major medical services and emergency care. Coral Gate Park is located next door and features three half court basketball courts, two full size tennis courts, six pickleball courts, covered sitting areas, covered playgrounds, restrooms, and a rentable pavilion. Community requirements include a minimum 15 percent down payment for financing, a minimum 650 credit score, and a two year ownership period prior to renting. A roof project is already scheduled to begin this year with no special assessment, as it is fully accounted for in the budget. The Structural Integrity Reserve Study has been completed and is available for review. This is an excellent opportunity to enjoy waterfront living with rare in unit laundry, outstanding amenities, and a well managed community close to parks, healthcare, and everyday conveniences.
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Features
Building and Construction
  • Flooring: Laminate
Garage and Parking
  • Parking Features: Assigned, Guest, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Electric
  • Electric: Three Phase
  • Heating: Central, Electric
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Amenities
  • Association Amenities: Pool, Basketball Court, Clubhouse, Community Room, Pickleball Court(s), Picnic Area, Playground, Tennis Court(s)
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Common Areas, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Home Owners Association Fee: 591
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Furnished: Unfurnished
  • Interior Features: Bedroom Layout - Split, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Legal Description: Legal Description CORAL GATE I CONDO UNIT 111 PER CDO BK/PG: 8277/600
  • Parcel Number: 4842 19 Aa 0110
  • Unit Number: 111
  • Zoning Code: PUD
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