Coral Gate #3 Condo

5807 Coral Lake Drive # 108, Margate FL 33063

2 beds · 2 baths · 990 ft²

Closed

$1,250

Est. Payment $7/mo

MLS Sheet Video

Bedrooms

Bathrooms

990

Sq. Ft.

1979

Year Built

Days on Market

Description

This is a 55+ community. Lovely first floor unit. Bright & Spacious with excellent lake views from living room and master bedroom. Master bathroom, just renovated. Three closets in master bedroom. Eat in kitchen. 1 occupant must be 55+ years young. Must have min credit score of 650. Come fall in love with your little piece of Paradise. You won't want to leave.

Facts

MLS#: F10216991
Subdivision: Coral Gate #3 Condo
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 1979
Lot Size: 1,150 ft²
Sq. Ft.: 990 ft²
Sq. Mt.: 92 m²
Price per sq. ft.: $1/ft²
Price per sq. mt.: $14/m²
Stories: —
Garage: —
Pool: Private
Days on Market: —
Listed: Feb 13, 2020
Last Updated: Sep 12, 2026
Price/Lot Sq.Ft.: $1/ft²

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Market insights for Margate

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/12/2026	Sold	$1,250
2/13/2020	Listed for sale	$1,250

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5807 Coral Lake Drive # 108, Margate FL 33063Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$4,167

gross income / month to qualify

Monthly rent$1,250

Required annual income$50,000

Security deposit (est.)$1,250

Move-in cost (1st + last + security)$3,750

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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