NOT LISTED FOR SALE

5923 Coral Lake Dr Unit 211 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $184,000 - $274,000

2 Beds
2 Baths
1,090 Sq Ft
$409/mo HOA Fee

Last Sold February 28, 2023

Last sale price $199,999 $183 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,830/month

2 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • Senior Community
  • Furnished
  • Bike Room

About This Home

As of February 2023

Relax and enjoy the spectacular lake views!!! 2nd-floor condo located in the quiet and
well-maintained 55+ community of CORAL GATE!! Great LOCATION minutes away
from shopping, restaurants, casino, hospital/medical offices, horse track racing, and
much more!!! Easy ACCESS to Turnpike and Sawgrass Expressway. AMENITIES
include 3 heated pools, 3 clubhouses, billiards, shuffleboards, a jogging/walking path,
elevators, and onsite management!!! The unit has 2 bedrooms and 2 full bathrooms,
a washer/dryer, and Impact windows in the master bedroom, the unit is being sold fully furnished
with New carpet in both bedrooms and hurricane roll-down shutters on the spacious
screened-in balcony. Click on the virtual tour to see the YouTubevideo walk through tour! :)

Last Agent to Sell the Property

Carolyn Castillo

EXP Realty LLC License #3013858 Listed on: 01/31/2023

EXP Realty LLC

Co-Listed By

Amad Romero

EXP Realty LLC License #3509648

Last Buyer's Agent

Gregory Smith

Century 21 Richards Realty License #119251

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1980

Lot Details

  • 9,845

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Screened Balcony
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 484219AD0230

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Coral Gate Condos
  • Coral Gate IV Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Bike Room
  • Elevator

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Partial Roll Down Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,022

Year Built

Built in 1980

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Co List Office Mls Id: EXPP01
  • Co List Office Phone: 888-883-8509
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CORAL GATE IV CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Elevator, Entrance Foyer
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 1090
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Partial Impact Glass, Partial RollDown Shutters, Hurricane Shutters, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter

Exterior Features

  • View: Lake
  • Exterior Features: Other, Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL GATE
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 409
  • Amenities: Bike/Jog Path, Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Library, Pool, Shuffleboard
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484219AD0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Farinas Joaquin
Bought by
Joaquin Eduardo Farinas Revocable Trust and Farinas
Current Estimated Value
$210,537

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 28, 2023
Sold by
Brown Lauren
Bought by
Farinas Joaquin
Seller's Agent
Carolyn Castillo
EXP Realty LLC
Buyer's Agent
Gregory Smith
Century 21 Richards Realty
List Price
$199,999
Sold Price
$199,999
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$149,999
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2008
Sold by
Perrucci Charlotte and Perrucci Ernest
Bought by
Stagg William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2007
Sold by
Bergemann Robert
Bought by
Perrucci Charlotte and Bergemann Robert

Purchase Details

Closed on
Oct 1, 1986
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
Joaquin Eduardo Farinas Revocable Trust -- None Listed On Document
Farinas Joaquin $199,999 Consumers First Title
Stagg William H -- Attorney
Stagg William H -- Attorney
Stagg William H $90,000 Attorney
Perrucci Charlotte -- Attorney
Available Not $35,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farinas Joaquin $149,999
Previous Owner Stagg William H $68,000
Previous Owner Stagg William H $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $199,999 0.0% $183 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $199,999 -- $183 / 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 $3,387 $183,740 $18,370 $165,370
2024 $4,353 $183,740 $18,370 $165,370
2023 $4,353 $182,890 $18,290 $164,600
2022 $3,022 $119,860 $0 $0
2021 $2,757 $108,970 $0 $0
2020 $2,543 $108,890 $10,890 $98,000
2019 $2,358 $99,370 $9,940 $89,430
2018 $2,107 $93,330 $9,330 $84,000
2017 $1,905 $74,450 $0 $0
2016 $1,713 $67,690 $0 $0
2015 $1,657 $62,620 $0 $0
2014 $1,585 $56,930 $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: A11334914

MIAMI REALTORS® MLS

APN: 48-42-19-AD-0230