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$199,900

Beds
2
Baths
2.0
sq ft
990

6531 Coral Lake Dr Unit 307, Margate, FL 33063

6531 Coral Lake Dr Unit 307

Margate, FL 33063

  • Pending
    • Price drop $29,900↓
GREAT PRICE FOR THIS COMPLETELY RENOVATED 2/2 Condo with LAKE VIEW in great Coral Gate community. This condo offers you lots of space and natural light. Enjoy the NEW KITCHEN with NEW SS APPLIANCES & GRANITE COUNTERTOPS, Great looking Bathrooms, NEW AC, NEW WATER HEATER, NEW FLOORING throughout. Plenty of closet space, W/D inside, and yes, AWESOME BALCONY overlooking at the LAKE. Super comfortable main bedroom can fit oversize furniture. This 55+ community is financially healthy, well maintained and managed. The association fee includes water, cable, 3 heated pools, tennis and a Clubhouse with lots of activities. Central location near Sawgrass, Turnpike. Easy to see! Easy to love it! Turn Key. Move In Ready!

Details

Property type

Condominium

Est. home value

$173,597

Lot size

Unknown

Price per sq ft

$202

Year built

1981

Annual property taxes

$3,650

Monthly HOA fee

$580

Price History

04/02/2025
SEF

SEF #A11739609

Pending
$199,900
03/20/2025
SEF

SEF #A11739609

Price change
$199,900
-13.01%
02/05/2025
SEF

SEF #A11739609

Listed
$229,800
-0.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$133,163
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$50,745
Cash to seller
$133,163

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

Seller’s Loan History

Lender

Washington Mutual Bank

Loan start date

May 2008

Original loan amount

$78,200

Est. remaining balance

$50,745

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Dennis Waller

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?

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Status: Pending/Under Contract

Tomo last checked: 04/04/2025 at 2:55 PM

Listing updated: 04/02/2025 at 12:16 PM

Listed by: Monica Quintana, Charles Rutenberg Realty Fort Phone #: (954) 396-3001

MLS: SEF #A11739609

SEF logo

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