Coral Bay Replat Section Homes for Sale

Coral Bay Replat Section is a residential community in Margate, Florida. Active listings are currently priced from $530K–$530K.

Pure Equity Realty covers Coral Bay Replat Section 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 a single listing for Coral Bay Replat Section Margate homes for sale as of September 2026. The median asking price is $530,000.

That is 235% above the Margate median of $158,000. On a per-foot basis, homes here ask about $312 per square foot, compared with $165 across Margate. So the median price buys roughly 1,700 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 9 days on the market. That is faster than the Margate average of 132 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Coral Bay Replat Section date from 1992 to 1996. That puts them between 30 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.

Here is what the median Coral Bay Replat Section price means in Florida closing terms. At $530,000, a 20% down payment comes to about $106,000, leaving a loan near $424,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,484. Next, the intangible tax of 0.2% adds about $848. 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 median, that is about $3,710.

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 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.