5611 Coral Lake Drive #111, Margate, FL

$165,000

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2

Beds

2

Baths

1,090

Square feet

About 5611 Coral Lake Drive #111

Welcome to Coral Gate, a vibrant 55+ waterfront community where every residence enjoys peaceful water views. Desirable first floor unit offers exceptional convenience, including private in-unit laundry. New ROOF already budgeted for 2026. 4x4 storage unit. A parking space is located directly outside the front door, with guest parking nearby. Residents enjoy three beautifully maintained pools, a clubhouse, and seasonal holiday parties and social activities including bingo. Monthly condo dues include Breezeline fiber optic internet and cable, water, sewer, trash service with monthly bulk pickup, pest control, on-site management, master insurance policies, and lawn and pool service. Ideally located near HCA Florida Northwest Hospital, Broward Health Coral Springs Coral Gate is a well maintained 55+ community offering tranquil water views from every residence and a lifestyle centered around ease, comfort, and connection. This first floor unit stands out with the rare convenience of washer and dryer located inside the unit, a highly valued feature in condominium living, along with a dedicated parking space directly outside the front door and ample guest parking just steps away. Residents enjoy three inviting pools, an active clubhouse, and a full calendar of seasonal holiday events and community activities such as bingo. Professional on-site management enhances the sense of care and community throughout Coral Gate. Monthly condo dues are comprehensive and include Breezeline fiber optic internet and cable, water, sewer, trash service with a monthly bulk trash day, pest control, master insurance policies, and full lawn and pool maintenance, allowing for truly low maintenance living. The community is conveniently located near HCA Florida Northwest Hospital and Broward Health Coral Springs, providing easy access to major medical services and emergency care. Coral Gate Park is located next door and features three half-court basketball courts, two full-size tennis courts, six pickleball courts, covered sitting areas, covered playgrounds, restrooms, and a rentable pavilion. Community requirements include a minimum 15 percent down payment for financing, a minimum 650 credit score, and a two year ownership period prior to renting. A roof project is already scheduled to begin this year with no special assessment, as it is fully accounted for in the budget. The Structural Integrity Reserve Study has been completed and is available for review. This is an excellent opportunity to enjoy waterfront living with rare in-unit laundry, outstanding amenities, and a well managed community close to parks, healthcare, and everyday conveniences.

Features of 5611 Coral Lake Drive #111

MLS® # R11157083
Price $165,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,090
Year Built 1979
Type Residential
Sub-Type Condominium
Status Closed

Community Information

Address 5611 Coral Lake Drive #111
Area 3631
Subdivision Coral Gate
City Margate
County Broward
State FL
Zip Code 33063

Amenities

Amenities Basketball Court, Clubhouse, Picnic Area, Playground, Pool, Tennis Court(s), Community Room, Pickleball Court(s)
Utilities Cable Available, Sewer Available, Water Available
Parking Spaces 1
Parking Assigned, Guest, Open
View Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Interior Features Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split
Appliances Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
# of Stories 3

Exterior

Construction CBS

Additional Information

Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 616
HOA Fees Freq. Monthly

Listing Details

OfficeReal Broker LLC

Listing Map

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