Home›5626 Coral Lake Drive 302

Residential in Margate

LAKE VIEWS & A RARE FINANCING OPPORTUNITY! Assumable loan at 2.99% - Buyer may be able to take over the sellers existing rate. 55+ Community. Enjoy Beautiful Lake Views, a relaxed South Florida lifestyle, and the opportunity to make this charming condo your own! Features include an updated kitchen with new white cabinets and refrigerator, Stainless Steel Range and Hood. Spacious living room, guest bedroom & bath, in-unit washer/dryer, and a primary suite with three closets & an updated bathroom. Impact window in Primary Suite. Hurricane Shutters, Keyless entry. Luxury Vinyl Floors. Relax on the screened patio overlooking the lake! Amenities, 3 clubhouses, 3 heated pools, jacuzzi, game room, walking route, & nearby sports courts. Make this home your own! One person must be 55

Property Highlights

Roof

  • Other

View

  • Pool
  • Water
  • Pond
  • Lake

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Ceiling Fan(s)
  • Central Air

Heating

  • Central

Electric

  • Circuit Breakers

Flooring

  • Ceramic Tile
  • Vinyl

Amenities

  • Clubhouse
  • Courtesy Bus
  • Fitness Center
  • Heated Pool
  • Hot Water
  • Internet Included
  • Maintained Community
  • Pool
  • Tennis Court(s)

Utilities

  • Cable Available
  • Electricity Connected
  • Water Available

Appliances

  • Dryer
  • Electric Range
  • Oven
  • Refrigerator
  • Washer
  • Other

Possession

  • Close Of Escrow

Room Types

  • Kitchen
  • Living Room
  • Master Bedroom

Water View

  • Lake
  • Pond

Dining Area

  • DiningLiving Room
  • Snack BarCounter

WaterSource

  • Public

Pets Allowed

  • Pet Restrictions Possible

Restrictions

  • Buyer Approval Required
  • Lease Restrictions

Water Access

  • None

Water Source

  • Public

Listing Terms

  • Assumable
  • Cash
  • Conventional
  • VA Loan

Structure Type

  • Multi Family

Balcony Details

  • Balcony - Screened

OtherStructures

  • Storage

ParkingFeatures

  • Asphalt
  • Assigned
  • Guest
  • Open

Pets Allowed YN

  • Yes

Tax Information

  • Homestead Exemption

Window Features

  • Shutters
  • Storm Window(s)

Association Type

  • Condominium

ExteriorFeatures

  • Balcony

InteriorFeatures

  • Bedroom Layout - Split
  • Entrance Foyer
  • Pantry
  • Storage

Laundry Features

  • Laundry Closet

Main Living Area

  • Entry Level

Other Structures

  • Storage

Parking Features

  • Asphalt
  • Assigned
  • Guest
  • Open

Unit Description

  • Exterior Catwalk

Interior Features

  • Bedroom Layout - Split
  • Entrance Foyer
  • Pantry
  • Storage

Road Surface Type

  • Asphalt

ArchitecturalStyle

  • Other

Master BedroomBath

  • Bedroom On Entry Level
  • Dual Sinks
  • Separate Shower

Property Condition

  • Resale
  • UpdatedRemodeled

Road Frontage Type

  • City Street

WaterfrontFeatures

  • None
  • Lake
  • Pond

Architectural Style

  • Other

Waterfront Features

  • Lake
  • Pond

AssociationAmenities

  • Pool
  • Clubhouse
  • Courtesy Bus
  • Fitness Center
  • Heated Pool
  • Hot Water
  • Internet Included
  • Maintained Community
  • Tennis Court(s)

Showing Requirements

  • Appointment Only
  • Lockbox
  • Occupied
  • Schedule Online

Outdoor Living Spaces

  • Balcony

Construction Materials

  • Concrete Block - With Stucco

Application Information

  • 3-4 Weeks Approval
  • Association Approval Required

Association Fee Includes

  • Cable TV
  • Hot Water
  • Insurance
  • Internet
  • Maintenance Grounds
  • Pest Control
  • Pool Service
  • Recreation Facility
  • Roof Repairs
  • Sewer
  • Trash
  • Water

SpecialListingConditions

  • Standard

Storm Protection Details

  • Storm Shutters

Leasing Permitted Details

  • Okay To Lease With Restrictions

Leasing

  • Minimum lease: 365 days
  • Leases per year: 1
  • Leasing Prohibited 1st 2 Years

Special Listing Conditions

  • Standard

Property Details

Property TypeResidential
StyleCondominium
Year Built1979
CountyBroward
SubdivisionCORAL GATE I CONDO
Living Area1,090 sq ft
Bedrooms2
Baths2
Half Baths0
WaterfrontYes
Unit Number302
HOA Fee$616 / Monthly
HOA IncludesRecreation Facility, Pool Service, Cable TV, Hot Water, Insurance, Internet, Maintenance Grounds, Pest Control, Roof Repairs, Sewer, Trash, Water
Annual Tax$2,580.02 (2025)
Special AssessmentNo
Pets AllowedPet Restrictions Possible, Yes
Other RestrictionsService animals only
Listing OfficeVantaSure Realty LLC
Listing AgentColleen F Jones
Office Phone954-461-5734

5626 Coral Lake Drive 302, Margate, FL 33063