$183,838 - $279,000
RENTED MAY 1, 2025

5620 Coral Lake Dr Unit 208 Margate, FL 33063

Coral Lake Neighborhood
2 Beds
2 Baths
1,090 Sq Ft
9,932 Sq Ft Lot

Last Sold January 11, 2017

Last sale price $85,000 $78 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,460/month

Highlights

  • Outdoor Pool
  • No HOA
  • Complete Roll Down Shutters
  • Bay View
  • Breakfast Area or Nook
  • 5-minute walk to Coral Gate Park

About This Home

As of May 2025

Charming 2-Bedroom, 2-Bath Lakefront Condo in Coral Gate 55+ Community. This stunning condo offers breathtaking views and is beautifully maintained. The unit features wood-style floors throughout, large eat-in kitchen, & stainless steel appliances. The main suite has an en-suite bathroom with shower, and the second bathroom has tub/shower combo and stackable washer/dryer. The screened patio equipped with hurricane shutters, perfect for soaking in the views. The community offers amenities including three heated pools, three clubhouses, walking and biking trails, a gym, tennis, pickleball, and basketball. Conveniently located near, restaurants, shopping, and casinos, the Turnpike & minutes from Fort Lauderdale Airport. Don?t miss out on this fantastic Rental opportunity! No Pets Allowed.

Last Agent to Rent the Property

Kirk Layne

Barrington Home Realty License #3280583 Listed on: 02/01/2025

Last Renter's Agent

Margaret Thomas

One Sotheby's International Realty License #3555072

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1979

Lot Details

  • 9,932

Parking

  • Assigned Parking

Home Design

  • Garden Apartment

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Pool
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 2/1/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 484219AA0200

Community Details

Overview

  • No Home Owners Association
  • Coral Gate I Condo
  • Coral Gate I Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Complete Roll Down Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,319

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-02-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: CORAL GATE I CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry, Elevator, Stacked Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1090
  • Stories: 1
  • Window Features: Complete RollDown Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Snack Bar/Counter

Exterior Features

  • View: Bay, Water
  • Exterior Features: Barbeque, Tennis Court(s)
  • Direction Faces: East
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GATE I CONDO
  • Parking Features: Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association: No

Lot Info

  • Parcel Number: 484219AA0200
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Morales Tiffany
Bought by
Morales Tiffany
Current Estimated Value
$208,210

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 11, 2017
Sold by
Tobias Steven and Tobias Alan
Bought by
Morales Tiffany and Townsend Melanie
Seller's Agent
Shirley Klein
Realty 100
Buyer's Agent
Shirley Klein
Coldwell Banker Residential RE
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$63,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2014
Sold by
Tobias Stanley and Tobias Ligia
Bought by
Tobias Stanley and Tobias Steven

Purchase Details

Closed on
Mar 26, 2013
Sold by
Tobias Stanley and Tobias Ligia
Bought by
Tobias Stanley and Tobias Ligia

Purchase Details

Closed on
Feb 4, 2006
Sold by
Venokur Paul and Venokur Susan L
Bought by
Tobias Stanley and Tobias Ligia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2005
Sold by
Venokur Terry
Bought by
Venokur Paul

Purchase Details

Closed on
May 16, 1997
Sold by
Venokur Terry
Bought by
Venokur Paul

Purchase Details

Closed on
Sep 20, 1995
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morales Tiffany -- --
Morales Tiffany $85,000 Consumers First Title Co Inc
Tobias Stanley -- Attorney
Tobias Stanley -- Attorney
Tobias Stanley $151,000 Attorney
Venokur Paul -- None Available
Venokur Paul $100 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Tiffany $63,750
Previous Owner Tobias Stanley $81,000
Previous Owner Tobias Stanley $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $1,900 0.0% --
04/08/2025 04/08/25 Under Contract -- -- --
03/03/2025 03/03/25 Price Changed $1,900 -5.0% $2 / Sq Ft
02/01/2025 02/01/25 For Rent $2,000 0.0% --
01/11/2017 01/11/17 Sold $85,000 0.0% $78 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $85,000 -- $78 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,319 $183,740 $18,370 $165,370
2024 $3,467 $183,740 $18,370 $165,370
2023 $3,467 $125,920 $0 $0
2022 $2,937 $114,480 $0 $0
2021 $2,681 $104,080 $0 $0
2020 $2,474 $108,890 $10,890 $98,000
2019 $2,295 $99,370 $9,940 $89,430
2018 $1,956 $78,200 $7,820 $70,380
2017 $1,916 $75,210 $0 $0
2016 $689 $46,630 $0 $0
2015 $699 $46,310 $0 $0
2014 $698 $45,950 $0 $0
2013 -- $51,760 $5,180 $46,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11736556

MIAMI REALTORS® MLS

APN: 48-42-19-AA-0200