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$232,000

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

  • 47 days on market
    • Price drop $7,000↓
AMAZING 2BED/2BATH condo with LAKE VIEW. GREAT PRICE plus SELLER IS GIVING A CREDIT OF 3 MONTHS OF ASSOC FEE. Enjoy the NEW KITCHEN with white shaker wood cabinets, SS Appliances & granite countertops. REMODELED BATHROOMS, NEW AC, NEW VINYL flooring, water proof. Renovation done with permits. Master bedroom with plenty closets. The unit has W&D inside. Large screened balcony with Sunrise views and Assigned Parking space. Located in well managed Coral Gate Condominium, financially healthy. Low monthly maintenance includes water, cable, 3 heated pools, tennis and a clubhouse with lots of activities. 55+ Community. No leasing first 2 years of ownership. No pets , only ESA animals. 1 Buyer must be 55+, Central location near Seminole, Sawgrass, Turnpike. COME SEE IT TO FALL IN LOVE WITH IT

Details

Property type

Condominium

Est. home value

$173,597

Lot size

Unknown

Price per sq ft

$235

Year built

1981

Annual property taxes

$3,650

Monthly HOA fee

$549

Price History

12/09/2024
SEF

SEF #A11686624

Price change
$232,000
-2.93%
11/01/2024
SEF

SEF #A11686624

Listed
$239,000
+38.23%
02/29/2024
SEF

SEF #A11445122

Removed
$172,900

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

$162,059
Asking price
$232,000
Closing costs (~8% of asking)
-$18,560
Est. remaining loan balance
-$51,381
Cash to seller
$162,059

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

$51,381

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?

Status: Active

Tomo last checked: 12/22/2024 at 2:15 PM

Listing updated: 12/09/2024 at 4:45 PM

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

MLS: SEF #A11686624

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