tomo logo

$199,500

Beds
2
Baths
2.0
sq ft
1,090

6620 Coral Lake Dr Unit 208, Margate, FL 33063

6620 Coral Lake Dr Unit 208

Margate, FL 33063

  • 84 days on market
    • Price drop $20,000↓
!!!MAJOR PRICE REDUCTION!!! MOTIVATED SELLER!! WOW!! AMAING LAKE VIEW FROM THIS WELL- MAINTAINED UPDATED CONDO UNIT IN CORAL GATE. ENJOY YOUR MORNING COFFEE OR AFTERNOON BEVERAGE FROM THE RELAXING SCREENED IN BALCONY WITH A GREAT LAKE VIEW! TILE & CERAMIC FLOORING THRU THE UNIT, NO CARPET OR WALLPAPER HERE. GREAT KITCHEN WITH NEWER STAINLESS-STEEL APPLIANCES, GRANITE COUNTERTOPS AND PLENTY OF CABINET SPACE! WASHER DRYER IN UNIT, NEWER A/C UNIT (2020) NEWER WATER HEATER (2021). PARTIAL ACCORDIAN SHUTTERS. SQUARE D ELECTRICAL PANEL. ENJOY ONE OF THE 3 HEATED POOLS CORAL GATE HAS TO OFFER! CLOSE TO ALL MAJOR SHOPPING, COCONUT CREEK CASINO & ALL AIR & SEAPORTS. COME ENJOY ONE OF THE BEST HOPA (55+) COMMUNITIES SOUTH FLORIDA HAS TO OFFER!!

Details

Property type

Condominium

Est. home value

$296,796

Lot size

Unknown

Price per sq ft

$184

Year built

1982

Annual property taxes

$546

Monthly HOA fee

$591

Price History

02/18/2025
SEF

SEF #A11701517

Price change
$199,500
-9.11%
01/26/2025
SEF

SEF #A11701517

Price change
$219,500
-4.36%
01/04/2025
SEF

SEF #A11701517

Price change
$229,500
-4.18%

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

$157,671
Asking price
$199,500
Closing costs (~8% of asking)
-$15,960
Est. remaining loan balance
-$25,869
Cash to seller
$157,671

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

Seller’s Loan History

Lender

Heritagebank Of The South

Loan start date

January 2012

Original loan amount

$36,750

Est. remaining balance

$25,869

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Lynn M Fonda

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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6219 Coral Lake Dr Unit 207, Margate, FL 33063

Status: Active

Tomo last checked: 02/23/2025 at 1:15 AM

Listing updated: 02/18/2025 at 8:15 AM

Listed by: Scott Stiepleman, The Keyes Company Phone #: (954) 752-0900

MLS: SEF #A11701517

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