NOT LISTED FOR SALE

5725 Coral Lake Dr Unit 301 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $172,000 - $194,000

2 Beds
2 Baths
1,090 Sq Ft
10,367 Sq Ft Lot

Last Sold October 12, 2017

Last sale price $95,000 $87 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,302/month

4 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Heated Community Pool
  • Fitness Center
  • Clubhouse
  • Breakfast Area or Nook

About This Home

As of October 2017

Spacious 2BED/2BATHS Corner Unit on 3rd floor. Exceptional Lake Views from Master Bedroom, Living Room and Screened balcony. This Condo offers a great Eat-in Kitchen, Washer/Dryer, Split plan Bedrooms and Rolladen Hurricane Shutters for balcony. This prestigious 55+ community with a low association fee, that includes cable TV, 3 heated pools, 3 Club Houses, jogging path, and several visitor parking spaces. This community located in the heart of Margate is extremely close to hospitals, medical offices, restaurants and banks. One of the most beautiful maintained landscaping in the area. Adjacent to the community, Coral Gate park with tennis courts, basketball courts and a Children play ground. MOTIVATED SELLER!! IT WON'T LAST!!!!

Last Agent to Sell the Property

Oscar Milian

Florida Realty of Miami Corp License #3299115 Listed on: 08/28/2017

Florida Realty of Miami Corp

Last Buyer's Agent

Celio Ramos

Charles Rutenberg Realty LLC License #0616534

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1979

Lot Details

  • Lake Front

Parking

  • Guest Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Screened Balcony
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484219AB0250

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • 468 Units
  • Low-Rise Condominium
  • Coral Gate Condos
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,713

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Third Floor Entry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1090
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Window Features: Hurricane Shutters
  • Bedroom Features: None
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Barbeque, Screened Balcony
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Security Patrol

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Hobby Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484219AB0250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 468
  • Number Of Units Total: 468

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Lima Paulo and Lima Tercio
Bought by
Martins Lima Tercio and Martins Lima Marcia Elyze Wurzler
Current Estimated Value
$181,546

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 12, 2017
Sold by
Hopkins Susan S
Bought by
Lima Paulo and Lima Tercio
Seller's Agent
Oscar Milian
Florida Realty of Miami Corp
Buyer's Agent
Celio Ramos
Charles Rutenberg Realty LLC
List Price
$102,500
Sold Price
$95,000
Premium/Discount to List
-$7,500
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Nov 1, 2016
Bought by
Hopkins Susan S

Purchase Details

Closed on
Aug 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martins Lima Tercio -- None Available
Lima Paulo $95,000 Independence Title Inc
Hopkins Susan S $100 --
Available Not $38,571 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $95,000 -7.3% $87 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $102,500 -- $94 / 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 $4,012 $180,190 -- --
2024 $3,825 $180,190 -- --
2023 $3,825 $148,920 $0 $0
2022 $3,267 $135,390 $13,540 $121,850
2021 $1,126 $80,150 $0 $0
2020 $1,101 $79,050 $0 $0
2019 $1,073 $77,280 $0 $0
2018 $2,322 $95,480 $9,550 $85,930
2017 $1,916 $75,210 $0 $0
2016 $1,713 $67,690 $0 $0
2015 $1,670 $63,480 $0 $0
2014 $1,618 $59,470 $0 $0
2013 -- $54,070 $5,410 $48,660
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2017

    Oscar Milian

    Florida Realty of Miami

    Section Image

  • C

    Buyer's Agent in 2017

    Celio Ramos

    Charles Rutenberg Realty LLC

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10334996

MIAMI REALTORS® MLS

APN: 48-42-19-AB-0250

Florida Broward County Margate 33063 Coral Lake

5725 Coral Lake Dr Unit 301, Margate, FL

This home is located at 5725 Coral Lake Dr Unit 301, Margate, FL 33063 since 28 August 2017 and is currently estimated at $181,546, approximately $166 per square foot. This property was built in 1979. 5725 Coral Lake Dr Unit 301 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Monarch High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes