Coral Bay Replat Section One Homes for Sale

Coral Bay Replat Section One is a gated community in Margate, Broward County, Florida. Active listings are priced from $450,000 to $564,900. Homes were built between 1992 and 1998. Pure Equity lists homes in Coral Bay Replat Section One and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Coral Bay Replat Section One and the Margate area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 3 Coral Bay Replat Section One Margate homes for sale as of October 2026. The median asking price is $525,000. Asking prices run from $515,000 to $719,000.

That is 230% above the Margate median of $159,000. On a per-foot basis, homes here ask about $338 per square foot, compared with $166 across Margate. So the median price buys roughly 1,550 square feet of living area.

Listings here have averaged 82 days on the market. That is faster than the Margate average of 131 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Coral Bay Replat Section One date from 1992 to 1998. That puts them between 28 and 34 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Coral Bay Replat Section One is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Here is what the median Coral Bay Replat Section One price means in Florida closing terms. At $525,000, a 20% down payment comes to about $105,000, leaving a loan near $420,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,470. Next, the intangible tax of 0.2% adds about $840. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Coral Bay Replat Section One median, that is about $3,675.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Coral Bay Replat Section One listings show assignments to Margate (elementary), Margate (middle) and Coral Springs (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.