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$165,000 Just Listed
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Property Description
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. A parking space is located directly outside the front door, with plenty of additional 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.
Full Property Details
Full Property Details for 5611 Coral Lake Dr #111
General
- Price: $165,000
- HOA FEE: $591/month
- Taxes: $3,078 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: R11157083
- Updated: 1/27/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Breakfast Bar, Entrance Foyer, Living/Dining Room, Multiple Primary Suites, Pantry, Split Bedrooms, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Shared Amenities: Basketball Court, Clubhouse, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security Guard
Exterior
- Exterior Features: Outdoor Living Area, Porch
- Porch/Patio/Deck: Porch, Screened
Parking
- Parking Features: Assigned, Guest, Open
Location
- County: Broward
- Subdivision: Coral Gate
- Building Name: 1
- Direction Faces: Northeast
Community
- Community Name: 3631
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
- Units Assoc/Comm: 468
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Construction: Block
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 3
- Building Size: 1175
- Square Feet: 1,090
- Living Area: 1,090 Sq. Ft.
- Year Built: 1979
- Property Condition: Resale
Lot Features
- Property View: Lake
- Zoning: PUD
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake
- Water Front View: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $591
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,078.34
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: Legal Description CORAL GATE I CONDO UNIT 111 PER CDO BK/PG: 8277/600
- Property ID: 4842 19 Aa 0110
Listed by Real Broker LLC
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Schools
Schools serving 5611 Coral Lake Dr #111
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Margate, FL 2450 Banks Road, Margate, FL 33063 | K-5 | 0.5 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 2.1 mi |
Monarch High School 5050 Wiles Road, Coconut Creek, FL 33073 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5611 Coral Lake Dr #111
Date
Details
Price
Change
Source
1/23/2026
Listed
$165,000
-3.51%
MLS
3/29/2022
Sold
$171,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5611 Coral Lake Dr #111
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,387
—
$184,460
—
2024
$3,387
-1%
$183,740
—
2023
$3,410
75%
$182,890
55%
2021
$1,953
-40%
$117,720
-13%
2022
$3,267
67%
$135,390
170%
2021
$1,953
286%
$50,100
2%
2019
$506
3%
$48,980
2%
2018
$492
—
$48,070
2%
2017
$490
18%
$47,090
2%
2016
$417
-2%
$46,130
1%
2015
$425
-1%
$45,810
1%
2014
$428
—
$45,450
1%
2013
$426
—
$44,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5611 Coral Lake Dr #111
5611 Coral Lake Drive #111, Margate, FL 33063 (MLS# R11157083) is a Condo property with 2 bedrooms and 2 full bathrooms. 5611 Coral Lake Drive #111 is currently listed for $165,000 and was received on January 23, 2026. Want to learn more about 5611 Coral Lake Drive #111? Do you have questions about finding other Condo real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

