Investment Potential for 5706 Coral Lake Dr # 106

The property has a current estimated value of $196,666, which is 19% below the neighborhood median, based on public records. It last sold on August 29, 2019 for $122K. Projected long-term

is $28,200 annually ($2,350 per month) with a 85% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$122,000

Sold August 29, 2019

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$197K

($190K - $205K)

19% below neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Residential Condominiums in Coral Gate.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$28,200 per year($2,350 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

85%in 33063 zip code

View Rental Potential

Owners & Occupancy for 5706 Coral Lake Dr # 106

This property is owned by Janet C Sessa. Owner contact information includes 4 phone numbers and 2 email addresses.

Occupancy

******

View Occupancy

Appreciation Since Purchased

$74,666

Purchased August 29, 2019

Number of Owners

1

Property Owners

Janet C Sessa, age **

Cell Phone	(305) *-**View Cell Phone
Residence	***********
Landline
Distance from Property	**********
Email Address	************@yahoo.comView Email

View All Owner Info

Property Ownership Information

Purchase Date	August 29, 2019
Property Tax Amount	$1,885 in 2023
Purchase Price	$122,000

Occupancy

Current Occupancy

******View Occupancy

Property Details for 5706 Coral Lake Dr # 106

Property Age

46 years

(Remodeled 1980)

6 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

990 sq ft

10% below market

Lot Size

1,151 sq ft

99% below market

Price Per Sq Ft

Living Area

$199 / sq ft

13% below market

Lot Size Area

$171 / sq ft

8890% above market

Property Information

Property condition, age, exterior, etc. for 5706 Coral…

Land & Location Information

Longitude: -80.196458 Latitude: 26.264579 Parcel Number (APN): 48-42-19-AB-0060…

Recommended Properties in Coral Gate

Discover more residential condominiums near 5706 Coral Lake Dr # 106 in Margate, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for Less Than 5 Years
$467K - $498K
Est. Value
2722 NW 55th Ave, Margate, FL 33063
3 beds · 2 baths · 1,394 sq ft · Last Sold: $378,000 in 2021 · Built: 2019
Owned for 5 - 10 Years
$249K - $271K
Est. Value
3715 Cocoplum Cir # 3546, Coconut Creek, FL 33063
2 beds · 2 baths · 982 sq ft · Last Sold: $163,000 in 2019 · Built: 1984
Owner Age Above 75
$300K - $321K
Est. Value
3855 Carambola Cir N # 29140, Coconut Creek, FL 33066
2 beds · 2 baths · 1,320 sq ft · Last Sold: $70,000 in 2011 · Built: 1985
Owned for 5 - 10 Years
$327K - $347K
Est. Value
4389 Carambola Cir N, Coconut Creek, FL 33066
2 beds · 2 baths · 1,332 sq ft · Last Sold: $170,000 in 2020 · Built: 1984
Owned for 25 - 50 Years
$325K - $348K
Est. Value
3929 Cocoplum Cir # 35123, Coconut Creek, FL 33063
2 beds · 2 baths · 1,182 sq ft · Last Sold: $68,500 in 1996 · Built: 1984
Owned for Less Than 5 Years
$224K - $240K
Est. Value
4168 NW 22nd St # 294I, Coconut Creek, FL 33066
2 beds · 2 baths · 1,150 sq ft · Last Sold: $280,000 in 2023 · Built: 1981
Owner Age 65 - 75
$497K - $524K
Est. Value
5413 NW 27th St, Margate, FL 33063
3 beds · 2 baths · 1,363 sq ft · Last Sold: $319,000 in 2019 · Built: 2019
High Demand Long-Term Rental
$313K - $328K
Est. Value
5432 Jubilee Way, Margate, FL 33063
2 beds · 1 baths · 1,110 sq ft · Last Sold: $172,500 in 2004 · Built: 1995
Owned for 5 - 10 Years
$236K - $250K
Est. Value
2659 Carambola Cir N Apt 205, Coconut Creek, FL 33066
2 beds · 2 baths · 1,300 sq ft · Last Sold: $166,000 in 2019 · Built: 1986
Owner Age 35 - 45
$266K - $283K
Est. Value
4400 NW 30th St Apt 425, Coconut Creek, FL 33066
3 beds · 2 baths · 1,392 sq ft · Last Sold: $100,000 in 2022 · Built: 1992
Owned for 25 - 50 Years
$317K - $336K
Est. Value
4358 Carambola Cir N, Coconut Creek, FL 33066
2 beds · 2 baths · 1,332 sq ft · Last Sold: $65,000 in 1989 · Built: 1984
High Demand Long-Term Rental
$271K - $292K
Est. Value
4049 Carambola Cir N # 2930, Coconut Creek, FL 33066
3 beds · 2 baths · 1,093 sq ft · Last Sold: $71,500 in 1997 · Built: 1984
Owner Age 65 - 75
$295K - $314K
Est. Value
2490 NW 49th Ter # 750, Coconut Creek, FL 33063
3 beds · 2 baths · 1,116 sq ft · Last Sold: $250,000 in 2005 · Built: 1985
High Demand Long-Term Rental
$350K - $375K
Est. Value
4334 Acacia Cir, Coconut Creek, FL 33066
2 beds · 2 baths · 1,337 sq ft · Built: 1980
High Demand Long-Term Rental
$228K - $244K
Est. Value
3031 Carambola Cir S # 2316, Coconut Creek, FL 33066
2 beds · 2 baths · 1,150 sq ft · Last Sold: $117,000 in 2003 · Built: 1983
Valued above Market Median
$560K - $599K
Est. Value
5130 NW 26th Ct, Margate, FL 33063
3 beds · 2 baths · 1,736 sq ft · Last Sold: $190,000 in 2013 · Built: 1981
Owned for Less Than 5 Years
$246K - $260K
Est. Value
4658 Carambola Cir N # 2739, Coconut Creek, FL 33066
3 beds · 2 baths · 1,120 sq ft · Last Sold: $182,000 in 2021 · Built: 1987
High Demand Long-Term Rental
$255K - $274K
Est. Value
3877 NW 35th St # 1507, Coconut Creek, FL 33066
3 beds · 2 baths · 1,115 sq ft · Last Sold: $309,900 in 2023 · Built: 1985
Owned for 25 - 50 Years
$253K - $271K
Est. Value
3234 NW 47th Ave # 3107, Coconut Creek, FL 33063
2 beds · 2 baths · 955 sq ft · Last Sold: $56,000 in 1987 · Built: 1985
Owner Age Above 75
$528K - $569K
Est. Value
5380 NW 32nd Ct, Margate, FL 33063
3 beds · 2 baths · 1,636 sq ft · Last Sold: $247,350 in 2016 · Built: 1979

Market Benchmarks

Compare data for 5706 Coral Lake Dr # 106 in Broward County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$196,666

$243,922

-$47,256 (-19%)

$243,826

-$47,160 (-19%)

$******

$********

$****** (****%)

$318,130

-$108,555 (-34%)

YoY Price Change

****%

3.41%

-308%

Year Built

1979

1985

-6 years

1983

-4 years

Living Space

990 sq ft

1,106 sq ft

-116 (-10%)

1,120 sq ft

-130 (-12%)

$ Per Living Sq Ft

$199

$229

-$30 (-13%)

$222

-$23 (-10%)

Lot Size

1,151 sq ft

136,880 sq ft

-135729 (-99%)

36,744 sq ft

-35593 (-97%)

$ Per Lot Sq Ft

$171

$2

$169 (8890%)

$9

$162 (1810%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$**** (****%)

$19,671

$1,425 (7%)

Annual Revenue

$28,200

$0 (0%)

$28,200

$0 (0%)

$****

$***** (****%)

$8,584

-$1,480 (-17%)

Net Operating Income

$*****

$**** (****%)

$19,671

$1,425 (7%)

Cap Rate

****%

—

8.29%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

Property Type	Residential Condominium
Total Bedrooms	2
Total Bathrooms	2
Year Built	1979
Building Sq Ft	990 sq ft
Lot Size	0 Acres
Living Space	990 sq ft

APN	48-42-19-AB-0060
Census Tract	0201011002
Municipality	Margate
County	Broward
Subdivision	Coral Gate Ii Condo
Zoning	PUD
Neighborhood	Coral Gate
Longitude / Latitude	-80.196458 / 26.264579
Lot Size	1,151 sq ft

5706 Coral Lake Dr # 106 Margate, FL 33063

property value

$196,666

neighborhood valuation

$243,922

market valuation

$161,366

investment intelligence

Investment Potential for 5706 Coral Lake Dr # 106

rental income

property appreciation

Last Sale Amount

$122,000

property value

$197K

($190K - $205K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 5706 Coral Lake Dr # 106

Occupancy

Appreciation Since Purchased

$74,666

Number of Owners

1

Property Owners

Janet C Sessa, age **

Property Ownership Information

Occupancy

Property Details for 5706 Coral Lake Dr # 106

Property Age

46 years

(Remodeled 1980)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in Coral Gate

$467K - $498K

Est. Value

2722 NW 55th Ave, Margate, FL 33063

3 beds · 2 baths · 1,394 sq ft · Last Sold: $378,000 in 2021 · Built: 2019

$249K - $271K

Est. Value

3715 Cocoplum Cir # 3546, Coconut Creek, FL 33063

2 beds · 2 baths · 982 sq ft · Last Sold: $163,000 in 2019 · Built: 1984

$300K - $321K

Est. Value

3855 Carambola Cir N # 29140, Coconut Creek, FL 33066

2 beds · 2 baths · 1,320 sq ft · Last Sold: $70,000 in 2011 · Built: 1985

$327K - $347K

Est. Value

4389 Carambola Cir N, Coconut Creek, FL 33066

2 beds · 2 baths · 1,332 sq ft · Last Sold: $170,000 in 2020 · Built: 1984

$325K - $348K

Est. Value

3929 Cocoplum Cir # 35123, Coconut Creek, FL 33063

2 beds · 2 baths · 1,182 sq ft · Last Sold: $68,500 in 1996 · Built: 1984

$224K - $240K

Est. Value

4168 NW 22nd St # 294I, Coconut Creek, FL 33066

2 beds · 2 baths · 1,150 sq ft · Last Sold: $280,000 in 2023 · Built: 1981

$497K - $524K

Est. Value

5413 NW 27th St, Margate, FL 33063

3 beds · 2 baths · 1,363 sq ft · Last Sold: $319,000 in 2019 · Built: 2019

$313K - $328K

Est. Value

5432 Jubilee Way, Margate, FL 33063

2 beds · 1 baths · 1,110 sq ft · Last Sold: $172,500 in 2004 · Built: 1995

$236K - $250K

Est. Value

2659 Carambola Cir N Apt 205, Coconut Creek, FL 33066

2 beds · 2 baths · 1,300 sq ft · Last Sold: $166,000 in 2019 · Built: 1986

$266K - $283K