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5920 Coral Lake Dr # 208, Margate FL 33063

Condo/Co-op For Sale
$129,000

BTC: 2.01562500

ETH: 72.47191011

-$11K (2026/03/27)
94 days
Waterfront
2 bds
2 ba
1,090 sqft

Overview

Bring your vision to life in this spacious 2-bedroom, 2-bath residence offering a true blank canvas for renovation. The unit is developer-ready with new AC, making it ideal for investors, contractors, or buyers looking to design a custom interior. Enjoy serene lake views from the screened-in balcony, perfect for morning coffee or sunset relaxation. Generous living and dining areas provide flexible layout options, and the split-bedroom plan offers privacy and functionality. A rare opportunity to create value and personalize a home in a peaceful lakefront setting.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1979
Lot:
No Data
Heating:
Central
Price/sqft:
$118
Cooling:
Central Air
HOA:
$591

Valuation

Our model vs. what's actually selling nearby.
Estimate
$175,000
$117K – $248K
Confidence Low
List vs. estimate
$46K below estimate
List $129,000 · -26.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$118
-21.8% vs. city median $151
Based on
583 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,656
2026
HOA
$591/mo
View
Lake
Waterfront
Lake
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Other Equipment/Appliances

    Other interior features

    • Second Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    Property

    • Exterior Features: Exterior Cat Walk / Screened Balcony

    Other Property Information

    • Parcel Number: 484219AD0200

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $591

    • HOA Frequency: Monthly

    • Annual tax amount: $1,656

  • Source details

    • MLS ID: A11974189

    Other facts

    • Construction Materials: Concrete Block Construction

    • Architectural Style: Multi Level

    • Waterfront: Yes

    • Living Area: 1090

    • Subdivision Name: CORAL GATE IV CONDO,Coral Gate

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: NuGen Realty LLC