NOT LISTED FOR SALE

5925 Coral Lake Dr Unit 301 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $172,000 - $187,000

2 Beds
2 Baths
1,090 Sq Ft
9,845 Sq Ft Lot

Last Sold April 29, 2014

Last sale price $60,000 $55 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,326/month

Highlights

  • Fitness Center
  • Lake View
  • No HOA
  • Senior Community
  • Clubhouse
  • Community Pool

About This Home

As of February 2024

Move-in ready 3rd floor corner penthouse unit with an amazing lake view and an easy walk to the pool and gym. Clean and spacious, plenty of closet space. Freshly painted. No carpet. Washer/dryer in the unit.

Last Agent to Rent the Property

Stephen Lourim

MMLS Assoc.-Inactive Member License #3258731 Listed on: 12/13/2023

MMLS Assoc.-Inactive Member

Last Renter's Agent

Rebecca Jones

LoKation License #3100821

LoKation

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1979

Lot Details

  • 9,845

Interior Spaces

  • 1,090 Sq Ft Home
  • Vertical Blinds
  • Family or Dining Combination
  • Storage Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Screened Patio

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 484219AD0250

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • Coral Gate Iv Condo
  • Coral Gate Iv Condo Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Partial Roll Down Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,902

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-02-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: CORAL GATE IV CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Third Floor Entry, Split Bedroom, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1090
  • Other Equipment: Elevator
  • Window Features: Partial RollDown Shutters, Verticals
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Breakfast Area, Family/Dining Combination
  • Living Room Features: Screened Patio/Porch, Storage Room

Exterior Features

  • View: Lake
  • Patio And Porch Features: Screened
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GATE IV CONDO
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Maintained Community, Management On Site
  • Association: No
  • Community Features: Clubhouse, Pool, Maintained Community, Management On Site
  • Senior Community: Yes

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484219AD0250
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Totaram Jonathan
Bought by
Lillah Elizabeth
Current Estimated Value
$182,788

Purchase Details

Closed on
Feb 12, 2018
Sold by
Lillah Elizabeth C
Bought by
Totaram Jonathan A

Purchase Details

Listed on
Jul 15, 2013
Closed on
Apr 4, 2014
Sold by
Heineman Stephanie Dale Robinson
Bought by
Lillah Elizabeth C
Seller's Agent
Nader Ramsi
Realty 100
Buyer's Agent
Marta DuPree
The Dupree Team / Keyes
List Price
$81,500
Sold Price
$60,000
Premium/Discount to List
-$21,500
-26.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Aug 1, 1988
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
Lillah Elizabeth -- None Available
Totaram Jonathan A -- Attorney
Lillah Elizabeth C $60,000 Keyes Title Services
Available Not $47,143 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2024 02/24/24 Rented $1,850 0.0% --
02/11/2024 02/11/24 Under Contract -- -- --
02/01/2024 02/01/24 Price Changed $1,850 -7.3% $2 / Sq Ft
12/13/2023 12/13/23 For Rent $1,995 +56.5% --
05/01/2018 05/01/18 Rented $1,275 0.0% --
04/01/2018 04/01/18 Under Contract -- -- --
02/15/2018 02/15/18 For Rent $1,275 0.0% --
04/29/2014 04/29/14 Sold $60,000 -26.4% $55 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $81,500 -- $75 / 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 $3,902 $172,330 -- --
2024 $3,724 $172,330 -- --
2023 $3,724 $142,430 $0 $0
2022 $3,174 $129,490 $0 $0
2021 $2,893 $117,720 $11,770 $105,950
2020 $2,695 $108,890 $10,890 $98,000
2019 $2,501 $99,370 $9,940 $89,430
2018 $1,985 $95,480 $9,550 $85,930
2017 $1,780 $66,060 $0 $0
2016 $1,598 $60,060 $0 $0
2015 $1,468 $54,600 $0 $0
2014 $1,646 $59,470 $0 $0
2013 -- $54,070 $5,410 $48,660
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Stephen Lourim

    MMLS Assoc.-Inactive Member

    Section Image
  • Rebecca Jones

    Tenant's Agent in 2024

    Rebecca Jones

    LoKation Real Estate

    (786) 216-3557

    16 Total Sales

    Section Image

  • M

    Seller's Agent in 2018

    Marta DuPree

    The Dupree Team / Keyes

  • N

    Seller's Agent in 2014

    Nader Ramsi

    Realty 100

    (954) 557-2425

    7 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Dennis Gogonas

    Inactive member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11500398

MIAMI REALTORS® MLS

APN: 48-42-19-AD-0250

Florida Broward County Margate 33063 Coral Lake

5925 Coral Lake Dr Unit 301, Margate, FL

This home is located at 5925 Coral Lake Dr Unit 301, Margate, FL 33063 since 13 December 2023 and is currently priced at $181,214. This property was built in 1979. 5925 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.

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