tomo logo

$229,900

Beds
2
Baths
2.0
sq ft
1

5901 Coral Lake Dr Unit 101, Margate, FL 33063

5901 Coral Lake Dr Unit 101

Margate, FL 33063

  • 58 days on market
Don't miss this move-in ready, spacious 2-bedroom, 2-bath first-floor corner unit in Coral Gate! This lovely home boasts stunning lake views, breathtaking sunsets, and illuminated fountains for your evening relaxation. The beautifully updated kitchen features a generous eat-in area, new cabinets, and attractive granite countertops. The living area has modern new vinyl flooring. This home comes furnished, and has an in-unit washer and dryer for added convenience. The screened patio is equipped with roll-down shutters, and both the kitchen and primary bedroom have new hurricane windows. The split bedroom layout offers enhanced privacy for you and your guests. This sought-after 55+ community includes three clubhouses, three heated pools, jogging paths, and a nearby park

Details

Property type

Condominium

Est. home value

$194,820

Lot size

Unknown

Price per sq ft

$229,900

Year built

1979

Annual property taxes

$3,329

Monthly HOA fee

$555

Price History

10/26/2024
Beaches

Beaches #R11031777

Listed
$229,900
-8%
06/03/2024
Beaches

Beaches #F10414092

Removed
$249,900
12/15/2023
Beaches

Beaches #F10414092

Listed
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$178,117
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$33,391
Cash to seller
$178,117

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

November 2011

Original loan amount

$47,600

Est. remaining balance

$33,391

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Harry Casey and Celyne Casey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 7:55 PM

Listing updated: 12/10/2024 at 12:57 PM

Listed by: Jo Grayson, RE/MAX Services Phone #: (561) 912-3500

MLS: Beaches #R11031777

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