Coral Gate Homes for Sale

Coral Gate is a residential community in Margate, Florida.

Pure Equity Realty covers Coral Gate 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 7 Coral Gate Margate homes for sale as of October 2026. The median asking price is $189,000. Asking prices run from $158,000 to $230,000.

That is 18% above the Margate median of $160,000. On a per-foot basis, homes here ask about $180 per square foot, compared with $171 across Margate. So the median price buys roughly 1,050 square feet of living area.

Listings here have averaged 252 days on the market. That is slower than the Margate average of 133 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Coral Gate date from 1979 to 1987. That puts them between 39 and 47 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Coral Gate is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Coral Gate have a median asking rent of $2,000 per month, across 2 active rental listings. For comparison, the Margate median is $1,900, so rents here run 5% higher.

You can browse current Margate rentals or ask us for a rent estimate on a specific Coral Gate home.

Here is what the median Coral Gate price means in Florida closing terms. At $189,000, a 20% down payment comes to about $38,000, leaving a loan near $151,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $529. Next, the intangible tax of 0.2% adds about $302. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Coral Gate median, that is about $1,323.

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 Gate listings show assignments to Liberty (Broward) (elementary), Margate (middle) and Monarch (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.