Home » Properties » 5609 Coral Lake # 109, Margate FL 33063

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Charming 2-Bedroom Condo with Lake View in Margate

First-floor 2-bedroom, 2-bath condo in Coral Gate, Margate with lake views, updated kitchen, and convenient location near shops and entertainment.

$210,000

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MLS #F10457285

Listing Updated: 2026-07-10 12:36:47

Listed By: Agent Plus Realty

Overview

This inviting first-floor condominium at 5609 Coral Lake #109 in Margate offers comfortable living with 2 bedrooms and 2 bathrooms across 1090 sqft. The split floor plan enhances privacy, while the updated kitchen provides ample cabinetry for culinary needs. The guest bathroom has been remodeled, and the guest bedroom features carpet flooring contrasting with easy-care tile throughout the rest of the unit. The spacious master suite includes three closets, offering generous storage. Additional conveniences include an in-unit washer and dryer and access to a storage room in the building. Residents enjoy nearby community amenities such as a pool and tennis courts within walking distance. The building has successfully passed its 40-year inspections, ensuring structural integrity.

Property Highlights

First-floor unit, lake view, updated kitchen, remodeled guest bath, split bedroom layout, master suite with three closets, in-unit washer/dryer, community pool and tennis courts, passed 40-year inspection.

Property Details

City: Margate

State: FL

Zip Code: 33063

Address: 5609 Coral Lake # 109, Margate FL 33063

Year Built: 1979

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Agent Plus Realty

County: Broward County

Garage Spaces: 0

Parking Features: Detached, Guest, Parking Garage

Interior Features: First Floor Entry, Pantry, Split Bedroom, Other

Exterior Features: Courtyard

Waterfront: Yes

Pool: Yes

HOA Fee: $616

Annual Tax: $1,473

Days On Market: 696 Days

Original Listing Description

Discover this delightful first-floor unit in the sought-after Coral Gate community of Margate. Enjoy a view of the serene lake, all while being conveniently close to shopping, dining, and entertainment.This unit features a split floor plan, ensuring privacy and space. The kitchen has been tastefully updated and offers plenty of cabinetry, perfect for the home chef. The guest bathroom has also been newly remodeled, and the guest bedroom is the only room with carpet, with the rest of the unit is easy-to-maintain tile flooring.The spacious master suite comes with three closets, offering ample storage space. The unit is equipped with a washer and dryer for your convenience. Bldg has storage room. Pool and tennis courts just a short walk away. Building has passed 40y inspections.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

5609 Coral Lake # 109, Margate FL 33063

About This Neighborhood

Located in the Coral Gate community of Margate, this property benefits from a peaceful lakeside setting. Margate offers convenient access to local shops, restaurants, and entertainment venues, making daily living comfortable and accessible. The neighborhood’s mature landscaping and communal amenities provide a pleasant environment for residents seeking a balanced lifestyle.

Walkability & Lifestyle

Residents enjoy a walkable environment with nearby shopping centers, dining options, and recreational spaces. The proximity to the lake and community amenities encourages outdoor activities and a comfortable lifestyle. Daily errands and leisure pursuits are easily accessible on foot or by a short drive.

Things To Do Nearby

Margate offers a variety of recreational activities including access to community pools, tennis courts, and nearby parks. Dining and shopping venues are close by, along with entertainment options that cater to diverse interests. The lakeside setting also provides opportunities for relaxing walks and enjoying Florida’s outdoor lifestyle.

Nearby Schools

Margate offers access to a range of educational institutions within reasonable distance, providing families with convenient schooling options. The community’s location supports easy commutes to nearby schools, contributing to its attractiveness for buyers prioritizing education access.

Why Buyers Like This Area

Buyers appreciate this property for its practical layout, updated features, and community amenities. The lakeside location within Coral Gate offers a serene environment while maintaining proximity to essential services and entertainment. The balance of privacy and convenience makes it suitable for a range of lifestyles.

Investment Potential

This Margate condominium appeals to buyers seeking a well-maintained residence in a desirable community. Its location near shopping, dining, and entertainment enhances its usability for both homeowners and renters. The community amenities, including a pool and tennis courts, add to its appeal. While not guaranteeing returns, the property’s features and location support steady tenant interest and seasonal demand in this Florida market.

Market Trends

Margate’s real estate market remains steady with consistent buyer interest in well-priced condominiums. Properties offering community amenities and convenient locations tend to attract attention. Inventory levels support a balanced market, providing options for buyers and sellers alike. The area’s appeal is reinforced by its accessibility and established community features.

Rental Income Potential

The condo’s location near retail and entertainment hubs, combined with community amenities, supports its appeal to potential tenants. Seasonal demand in Florida can contribute to occupancy interest. While rental income can vary, the property’s layout and features make it suitable for long-term renters or seasonal occupants seeking comfort and convenience.