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6531 Coral Lake Dr, Margate, FL, 33063

$165,000

Home List Price

$1,959*

Closing Credit

2 Bedrooms
2 Full Baths
990 SqFt
$167/SqFt
House
Schools Nearby

Location

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6531 Coral Lake Dr, Margate$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGuest
Year Built1982
HeatingCentral, Electric
CoolingCentral Air
WaterfrontLake Front
ViewCanal
MLS #A11542617
StatusActive

About 6531 Coral Lake Dr

Excellent condo superbly located in the beautiful city of Margate close to dining, shopping and the coconut creek casino. A spacious living room area that looks out to the lake and flows into the kitchen. The master bedroom is large with no lack of storage, including two separate closet’s. This condo comes fully furnished you’ll enjoy the back patio both morning and night overlooking the lake, So bring your coffee and make this condo your home.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 990 SqFt

Listing Office:

  • Office Name: PRA And Company Realtors
  • Office Phone: (754) 444-0853
  • Listing Agent: Juarlonda Gosier

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Flooring Type: Carpet
  • Interior: Living/Dining Room, Split Bedrooms, Third Floor Entry, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Canal
  • Exterior: Balcony, Tennis Court(s)

Parking Information:

  • Parking: Guest

Virtual/3D Tour

  • Virtual Tour: 6531 Coral Lake Dr

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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Monarch High School, Public District Grades 9-12
  • Margate Middle School, Public Magnet Grades 6-8
  • Liberty Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 441 EAST ON COPANS TO BANKS ROAD GO LEFT ENTRANCE ON LEFT PASS SCHOOL.

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $167/SqFt

HOA Fees:

  • Amount: $410
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Margate, FL.

Med. Sold Price

$344K

Med. Price/SqFt

$249

Avg. Days On Market

39

# of Sold Homes

24

6531 Coral Lake Dr vs Margate

33 DAYS ON ROCKET

-6 Days

$165,000

-$179K Less

$167/SqFt

-$82 Less

KEY TAKEAWAY

This property is $179K less than the Median Sold Price and $82/SqFt less than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11542617

Listing Office:

  • Office Name: PRA And Company Realtors
  • Office Phone: (754) 444-0853
  • Listing Agent: Juarlonda Gosier

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2023453
5
/10
  • Liberty Elementary School

  • 2450 Banks Rd

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2023454
3
/10
  • Margate Middle School

  • 500 NW 65th Ave

  • 2.02 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2023455
5
/10
  • Monarch High School

  • 5050 Wiles Rd

  • 1.54 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,933. The most common annual income of people living in Margate, FL is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6531 Coral Lake Dr

What is the listing price of this property?

The listing price of 6531 Coral Lake Dr property is $165,000.

What type of property is this?

The property 6531 Coral Lake Dr is a house located in Margate, Florida, 33063.

Is this property for sale now?

Active Listing: 6531 Coral Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6531 Coral Lake Dr are:
Liberty Elementary School: GreatSchools Rating 5/10
Margate Middle School: GreatSchools Rating 3/10
Monarch High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 6531 Coral Lake Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6531 Coral Lake Dr is 990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6531 Coral Lake Dr is 1982.

Rocket HomesFloridaBroward CountyMargate330636531 Coral Lake Dr

This home is located at 6531 Coral Lake Dr in Margate, FL and zip code 33063 in the Coral Gate neighborhood. This 990 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $165,000.

While more than 3 listings in Margate, FL in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 17 were sold below. In March 2024 in Margate, FL there were 11.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 39 days, the median list price was $344,000.

From Rocket Homes Real Estate and based on county public records data.

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