$745,000
- 4 Beds
- 3 Baths
- 2,364 Sq Ft
6736 Schooner Terrace, Margate, FL 33063
Marcelo Guzman
EXP Realty LLC
(754) 212-8806
Frequently Asked Questions
Is Coral Bay a good place to live?
Coral Bay is a good place to live. Coral Bay is considered very car-dependent and somewhat bikeable with some transit options. Coral Bay is a suburban neighborhood. Coral Bay has 6 parks for recreational activities. It is somewhat dense in population with 8.3 people per acre and a median age of 44. The average household income is $94,326 which is below the national average. College graduates make up 34.6% of residents. A majority of residents in Coral Bay are home owners, with 34.3% of residents renting and 65.7% of residents owning their home. A local real estate agent serving Coral Bay can help you decide if this neighborhood is the right one for you. Learn more on our Coral Bay neighborhood guide.
Is Coral Bay, FL a safe neighborhood?
Coral Bay, FL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Coral Bay?
The median home price in Coral Bay is $515,000. If you put a 20% down payment of $103,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $109K a year to afford the median home price in Coral Bay. The average household income in Coral Bay is $94K.
What are the best public schools in Coral Bay?
The best public schools that serve Coral Bay are:
- Coral Springs High School has a B Niche grade, a student teacher ratio of 22:1 and an average review score of 3.6.
- Margate Elementary School has a B Niche grade and a student teacher ratio of 17:1.
- Margate Middle School has a C+ Niche grade, a student teacher ratio of 19:1 and an average review score of 2.2.
What are the best private schools in Coral Bay?
The best private schools that serve Coral Bay are:
- Abundant Life Christian Academy has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 4.5.
- Faith Christian School has a student teacher ratio of 5:1 and an average review score of 5.0.
- Hebrew Academy Community School has a student teacher ratio of 15:1.
What are the most popular zip codes in Coral Bay, Margate, FL?
What are the most popular neighborhoods near Coral Bay, Margate, FL?
The most popular neighborhoods near Coral Bay, Margate, FL are North Margate, Turtle Run, Holiday Springs, Coral Lake and Crossings.
Are home prices dropping in Coral Bay?
Yes, home prices in Coral Bay are down 1% in the last 12 months.
