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$239,000

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

  • 17 days on market
AMAZINGLY RENOVATED 2BED/2BATH condo with LAKE VIEW. Enjoy the NEW KITCHEN with white shaker wood cabinets, SS Appliances & granite countertops. REMODELED BATHROOMS with modern look. NEW AC, NEW VINYL flooring, water proof. Renovation done with permits. Master bedroom with plenty closets. The unit has washer & dryer inside. Large screened balcony with Sunrise views and Assigned Parking space. Located in well managed Coral Gate Condominium, financially healthy. This condo association has Low monthly maintenance that 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

$242

Year built

1981

Annual property taxes

$3,650

Monthly HOA fee

$549

Price History

11/01/2024
SEF

SEF #A11686624

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

SEF #A11445122

Removed
$172,900
08/31/2023
SEF

SEF #A11445122

Listed
$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

$168,289
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$51,591
Cash to seller
$168,289

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

$51,591

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: 11/22/2024 at 6:35 AM

Listing updated: 11/05/2024 at 2:05 AM

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

MLS: SEF #A11686624

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