NOT LISTED FOR SALE

5928 Coral Lake Dr Unit 304 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $165,000 - $203,000

2 Beds
2 Baths
1,090 Sq Ft
$240/mo HOA Fee

Last Sold December 30, 2014

Last sale price $72,000 $66 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,360/month

32 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Clubhouse
  • Fitness Center
  • Senior Community
  • Wood Flooring

About This Home

As of December 2014

***GREAT OPPORTUNITY....NICELY FURNISHED, VERY SPACIOUS 2 BR/2 BA CONDO IN WELL MAINTAINED 55+ COMMUNITY OF CORAL GATE, EAT-IN-KITCHEN, LAMINATE FLOORS IN BEDROOMS, TILE FLOORS THROUGHOUT LIVING AREA, LARGE SCREENED PATIO WITH ROLLADEN SHUTTERS OVER LOOK ING BEAUTIFUL LAKE. MAINTENANCE INCLUDES CABLE! LOW MONTHLY MAINTENANCE FEE, CORAL GATE OFFERS 3 POOLS, GAZEBO ON LAKE, BILLARDS, GYM, ON-SITE MANAGEMENT, AND MUCH MORE.

Last Agent to Sell the Property

Shawn Olinick

Realty Express License #3237375 Listed on: 10/28/2014

Last Buyer's Agent

Victoria Lloyd

Florida State Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1980

Lot Details

  • 9,845

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Lake Views
  • Electric Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484219AD0280

Community Details

Overview

  • Senior Community
  • Association fees include management, amenities, common areas, cable TV, insurance, parking, pest control, pool(s), sewer, trash, water
  • Coral Gate Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,234

Year Built

Built in 1980

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 441 TO CORAL GATE DR,( JUST SOUTH OF SAMPLE ROAD), GO EAST TO COMPLEX ENTRANCE ON RIGHT SIDE, MAKE LEFT TURN AND CONTINUE AROUND TO BUILDING 5928
  • Year Built: 1980
  • Carport Y N: No
  • Entry Level: 3
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Furnished: Furnished
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1090.0
  • Stories: 3

Exterior Features

  • Exterior Features: Enclosed Porch, Shutters Electric
  • View: Lake
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, One Space

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Elevator(s), Fitness Center, Library, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Cable TV, Insurance, Parking, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 484219AD0280

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1234.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 29, 2014
Sold by
Morgan W Ray
Bought by
Pannecouk Robert C and Pannecouk Mary M
Seller's Agent
Shawn Olinick
Realty Express
Buyer's Agent
Victoria Lloyd
Florida State Realty Group Inc
List Price
$85,900
Sold Price
$72,000
Premium/Discount to List
-$13,900
-16.18%
Current Estimated Value
$183,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,806
Avg. Annual Appreciation
9.86%
Original Mortgage
$48,300
Outstanding Balance
$18,483
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$178,580
Source: Public Records

Range of Values:

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Average Value
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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
Pannecouk Robert C $72,000 Consumer Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pannecouk Robert C $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $72,000 -16.2% $66 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $85,900 -- $79 / Sq Ft
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 $1,527 $124,130 -- --
2024 $1,473 $120,640 -- --
2023 $1,473 $117,130 $0 $0
2022 $1,368 $113,720 $0 $0
2021 $1,309 $110,410 $0 $0
2020 $1,274 $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 $1,670 $63,480 $0 $0
2014 $1,600 $57,560 $0 $0
2013 -- $52,330 $5,230 $47,100
Source: Public Records

Agents Affiliated with this Home

  • Shawn Olinick

    Seller's Agent in 2014

    Shawn Olinick

    Realty Express

    (954) 461-7900

    25 Total Sales

    Shawn Olinick
    Section Image

  • V

    Buyer's Agent in 2014

    Victoria Lloyd

    Florida State Realty Group Inc

  • V

    Buyer's Agent in 2014

    Victoria Lloyd

    EXP Realty LLC

    18 Total Sales

    Victoria Lloyd
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1313863

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AD-0280

Florida Broward County Margate 33063 Coral Lake

5928 Coral Lake Dr Unit 304, Margate, FL

This home is located at 5928 Coral Lake Dr Unit 304, Margate, FL 33063 since 28 October 2014 and is currently estimated at $183,806, approximately $168 per square foot. This property was built in 1980. 5928 Coral Lake Dr Unit 304 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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