NOT LISTED FOR SALE

6040 Coral Lake Dr Unit 404 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $165,000 - $191,000

2 Beds
2 Baths
1,090 Sq Ft
$270/mo HOA Fee

Last Sold April 20, 2020

Last sale price $94,900 $87 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,319/month

63 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Screened Porch
  • Heated Pool
  • Clubhouse
  • Shuffleboard Court

About This Home

As of April 2020

THIS 2/2 BATH CONDO OFFERS A GREAT LAKEVIEW AND IS IN CORAL GATE A PRISTINE 55+ COMMUNITY IN THE HEART OF MARGATE AND IS MINUTES TO ALL SHOPPING AND RESTAURANTS. THIS IS THE BEST MAINTAINED COMPLEX IN MARGATE AND OFFERS 3 HEATED POOLS, BILLARDS, AND SHUFFLEBOARD. NEW AIR INSTALLED 3/13/20

Last Agent to Sell the Property

Gregory Smith

Barrington Home Realty License #119251 Listed on: 01/17/2020

Last Buyer's Agent

Sheng Kim

Premier Brokers International License #3288349

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $817

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • Northeast Facing Home

HOA Fees

  • $270 Monthly HOA Fees

Interior Spaces

  • 1,090 Sq Ft Home
  • 4-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Lake Views

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484219AH0400

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), sewer, trash, water
  • 468 Units
  • Coral Gate Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Shuffleboard Court
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$817

Year Built

Built in 1980

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST ON COPANS ROAD FROM 441 TO BANKS ROAD GO NORTH TO ENTRANCE ON LEFT. ENTER AND GO RIGHT TO BUILDING 6000
  • Year Built: 1980
  • Carport Y N: No
  • Entry Level: 4
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Main Living Area Entry Level, Pantry, Split Bedrooms, Elevator
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer, Humidifier
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 1090.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 4
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Barbecue
  • View: Lake, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 270.0
  • Senior Community: Yes
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Barbecue, Picnic Area, Pier, Pool, Shuffleboard Court, Storage, Trail(s), Trash, Elevator(s)
  • Association #2 Fee: 270.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 484219AH0400

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 817.0

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Pacelko Gregory
Bought by
Pacelko Gregory and Pacelko Heather Anne
Current Estimated Value
$178,711

Purchase Details

Listed on
Jan 17, 2020
Closed on
Apr 15, 2020
Sold by
Tucker Barbara
Bought by
Pacelko Gregory
Seller's Agent
Gregory Smith
Barrington Home Realty
Buyer's Agent
Sheng Kim
Premier Brokers International
List Price
$99,000
Sold Price
$94,900
Premium/Discount to List
-$4,100
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
May 14, 2002
Sold by
Venin Arlene J and Godfrey Bonnie
Bought by
Tucker Barbara

Purchase Details

Closed on
Jul 28, 1999
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
Pacelko Gregory -- Attorney
Pacelko Gregory $94,900 Aaa Premier Title
Tucker Barbara $69,500 --
Available Not $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $94,900 -4.1% $87 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $99,000 -- $91 / 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 $929 $64,600 -- --
2024 $927 $62,780 -- --
2023 $927 $60,960 $0 $0
2022 $904 $59,190 $0 $0
2021 $899 $57,470 $0 $0
2020 $860 $51,490 $0 $0
2019 $856 $50,340 $0 $0
2018 $817 $49,410 $0 $0
2017 $803 $48,400 $0 $0
2016 $718 $47,410 $0 $0
2015 $728 $47,090 $0 $0
2014 $727 $46,720 $0 $0
2013 -- $52,610 $5,260 $47,350
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gregory Smith

    Barrington Home Realty

    20 in this area

    30 Total Sales

    Gregory Smith
    Section Image

  • S

    Buyer's Agent in 2020

    Sheng Kim

    Premier Brokers International

    (954) 254-2177

    1 in this area

    21 Total Sales

    Sheng Kim
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10208952

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AH-0400

Florida Broward County Margate 33063 Coral Lake

6040 Coral Lake Dr Unit 404, Margate, FL

This home is located at 6040 Coral Lake Dr Unit 404, Margate, FL 33063 since 17 January 2020 and is currently estimated at $178,711, approximately $163 per square foot. This property was built in 1980. 6040 Coral Lake Dr Unit 404 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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