NOT LISTED FOR SALE

5731 Coral Lake Dr Unit 307 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $165,910 - $210,000

2 Beds
2 Baths
990 Sq Ft
10,019 Sq Ft Lot

Highlights

  • Lake Front
  • Clubhouse
  • Elevator
  • Senior Community
  • Community Pool
  • Balcony

About This Home

As of August 2023

Beautiful 2/2 lake front apartment in desirable Coral Gate community! Freshly painted, clean and spacious condo with no carpets, plenty of closet space, washer and dryer inside the unit. Coral Gate is a well maintained 55+ community within minutes to all shopping, restaurants and the Coconut Creek casino.

Last Agent to Rent the Property

Elena Yellen

United Realty Group Inc. License #3011584 Listed on: 05/30/2023

United Realty Group Inc.

Last Renter's Agent

Elena Yellen

United Realty Group Inc. License #3011584 Listed on: 05/30/2023

United Realty Group Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • Northeast Facing Home

Interior Spaces

  • 990 Sq Ft Home
  • Blinds

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/3/23
  • Rent includes sewer, water
  • Renewal Option
  • Assessor Parcel Number 484219AB0310

Community Details

Overview

  • Senior Community
  • Coral Gate II Condo Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,320

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Available Date: 2023-06-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 441 east on Copans to Banks, make a left, pass the school, building will be on your left side.
  • Year Built: 1979
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 990.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Clubhouse, Elevator(s), Maintenance, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 484219AB0310
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 10384.0
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 1996
Sold by
Debari Francesco and Debari Miroslava
Bought by
Frederick Jerold L
Current Estimated Value
$191,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$2,552
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$191,053

Purchase Details

Closed on
Aug 1, 1990
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
Frederick Jerold L $56,000 --
Available Not $39,207 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Jerold L $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $1,850 0.0% --
06/29/2023 06/29/23 Under Contract -- -- --
06/17/2023 06/17/23 Price Changed $1,850 -7.5% $2 / Sq Ft
05/30/2023 05/30/23 For Rent $2,000 +150.0% --
03/07/2013 03/07/13 Rented $800 -8.6% --
02/05/2013 02/05/13 Under Contract -- -- --
10/23/2012 10/23/12 For Rent $875 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,320 $138,600 -- --
2024 $2,983 $138,600 -- --
2023 $2,983 $114,550 $0 $0
2022 $2,746 $104,140 $0 $0
2021 $2,471 $94,680 $0 $0
2020 $2,323 $106,020 $10,600 $95,420
2019 $2,126 $92,000 $9,200 $82,800
2018 $1,894 $84,780 $8,480 $76,300
2017 $1,714 $64,690 $0 $0
2016 $1,517 $58,810 $0 $0
2015 $1,582 $59,530 $0 $0
2014 $1,493 $54,120 $0 $0
2013 -- $49,200 $4,920 $44,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10382914

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AB-0310