Back 208/6520 Coral Lake Drive
Off Market

208/6520 Coral Lake Drive

Margate FL 33063

2
2
1090 sq. ft.
Condo
Last sold for $144,000
Lynda BrownLynda Brown, last sold this property on 06 December 2024 after 48 days on market.

Overview

Opportunity for a creative buyer! Lovely view, great price, needs work. Distressed 2-2 with water view in well managed Coral Gate Condominium. This condo association has it together! Low monthly maintenance includes cable, 3 heated pools, tennis and an active "lots of clubs and activities" clubhouse. Estate sale, not occupied for 2 years, AS-IS, lots of improvements needed, including AC. Split plan, laundry room in unit. Inspection reports for building as well as documents for the Association are attached. Over 55 Community. No leasing first 2 years of ownership. No pets , only ESA animals. 1 Buyer must be 55 or over, 15% minimum down as per Association,+ min FICO score of 650. Central location near Seminole, Sawgrass and Turnpike. Excellent opportunity for the right Buyer.

Features

2 bedrooms
2 bathrooms
1090 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Margate over the last 12 months, the estimated median property value of 208/6520 Coral Lake Drive is $135k.

Median value
$135k
Estimated value range
$1.69k - $337k
Median days on market
78
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 208/6520 Coral Lake Drive

2024
Sold
$144,000
06 Dec 2024 by Lynda Brown, of Ceil Brown Realty

Happy sellers in Margate

91%
91% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Margate over the last 12 months.

Local market activity for 2 bedroom condos in Margate

In the last 12 months, 232 two-bedroom condos similar to 208/6520 Coral Lake Drive, have been sold.

This represents a 20% increase in two-bedroom condos sales when compared to the previous 12 months.

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