Section Image

Coral Lake

Coral Lake

Suburban Neighborhood in Margate, Florida

Broward County 33063

$307,142 Average Value
$245 Average Price per Sq Ft
33 Homes For Sale

At-ease suburb in southern Florida

Settled in the heart of southern Florida, this at-ease suburb combines affordability with convenience, offering a seemingly endless amount of recreational activities nearby. The community attracts eager first-time homebuyers and individuals seeking the comforts of an Active Adult community. With its year-round summer vibe, characterized by temperatures hovering in the low 90s, residents can enjoy strolls along the paved paths at Coral Gate Park or walk over to Tradewinds Park and Stables for waterfront accessibility and fishing opportunities. Despite nearby tourist hotspots, like Butterfly World and Seminole Casino Coconut Creek Casino, Coral Lake maintains its seclusion thanks to its well-established community areas and gated subdivisions. With local eateries like ethos Greek Bistro and community-centric activities like the Tradewinds and Atlantic Railroad, the town maintains a small-town charm that keeps longtime residents rooted for years. Conveniently located off U.S. Route 441, Coral Lake offers unparalleled urban accessibility, enabling residents to enjoy quick 13-mile commutes to bustling Fort Lauderdale and vibrant Boca Raton. “When you’re close to the 441, you’re close to everything — and Coral Lake puts you at the center of it all,” says long-time local Karen Sneed, Realtor with Coldwell Banker Realty. It’s no wonder residents stay for decades with a blend of affordability, convenience and a small-town feel.

The US 441 is the main road situated just west of the Coral Lake neighborhood.
The US 441 is the main road situated just west of the Coral Lake neighborhood.
Tradewinds Park has great family activities and is just a couple minutes away from Coral Lake.
Tradewinds Park has great family activities and is just a couple minutes away from Coral Lake.
1/2

Single-family ramblers and multi-family townhouses

Coral Lakes boasts subdivision options from single-family homes built in the early 80s with garages, backyard patios and in-ground pools to multi-family Active Adult Communities like the lake-front Coral Gate and Wynmoor with golf course views. Streets here are palm tree-lined and narrow with paved walking paths throughout the community. Multi-family housing dominates the area, however single family homes without Homeowners Association fees can be found within sections of the Coral Gate condominium community — which was built around Coral Lake and offers access to three clubhouses, three pools and pickleball courts. Multi-family townhouses and condos here were built in the 90s and feature Mediterranean details, like stucco siding and offer amenities like clubhouses and community swimming pools. With a median sales price of $300,000, homes here range from the mid $100,000s for a two-bedroom multi-family townhouse to a three-bedroom single family rambler costing upwards of $600,000. “When interest rates rise, and real estate values stay high, people care about affordability — you can find good deals here, that’s why Coral Lake is appealing, ” says Sneed. Homes here feature wide driveways and fenced-in backyards and are typically fronted by mid-sized lawns with room for a few palm trees and other tropical flora.

The predominant architectural style in Coral Lake is the ranch-style design.
The predominant architectural style in Coral Lake is the ranch-style design.
New Mediterranean-inspired townhouses are inside the Coral Lake neighborhood.
New Mediterranean-inspired townhouses are inside the Coral Lake neighborhood.
1/2

All aboard the trains at Tradewinds and Atlantic Railroad

When seeking time outdoors, residents here can visit Coral Gate Park. Children can climb on the canopied jungle-gym while parents can rest on the shaded benches or exercise on the paved walking paths. Nature lovers can visit Tradewinds Park and Stables nearby, which offers 685 acres of natural preserves to explore and participate in outdoor activities from horseback riding to trail hiking and fishing. Children can visit the Tradewinds and Atlantic Railroad, which aims to educate on the history of railroads, railroad safety offers train rides on cars 11 times bigger than at-home model train sets — making them perfect for riding. For views of thousands of butterflies, residents can head to Butterfly World, which features a garden gazebo, exhibits at the Butterfly Museum and an immersive tropical experience across the Tinalandia Bridge. Golf enthusiasts are in luck with the Oriole Golf Club nearby, offering a semi-private facility for members and non-members to book tee times and practice their swing on the 18-hole course.

The Tradewinds Park has a farm and stables to enjoy with family near Coral Lake.
The Tradewinds Park has a farm and stables to enjoy with family near Coral Lake.
Beautiful butterflies are in the Butterfly World located at Tradewinds Park near Coral Lake.
Beautiful butterflies are in the Butterfly World located at Tradewinds Park near Coral Lake.
1/2
The Seminole Casino Coconut Creek is very close to Coral Lake.
The Seminole Casino Coconut Creek is very close to Coral Lake.

Slot machines at Seminole Casino Coconut Creek Casino

For a Las Vegas-style night out, the nearby Seminole Casino Coconut Creek offers 2,000 slot machines, 65 live table games and world-class dining options from the notable NYY Steak to the live entertainment at Sunset Grill. Residents can test their luck on the slot machines or participate in games from Blackjack to Baccarat and Poker. While Seminole Casino Coconut Creek attracts many tourists into the area, the crime CAP score remains a 4, which is also the national average.

Shopping at Turtle Run Shoppes

Residents here can shop at a variety of shopping centers along Route 441, like Turtle Run Shoppes, which offers department stores and retailers, like Lowe’s, Burlington and Ross Dress for Less. Groceries and other everyday essentials are available at nearby stores like Publix, Winn-Dixie and Wal-Mart. When dining in the area, locals can head to Moore Fire Grill for Cajun-inspired southern homestyle cuisine, or check out La Marsa Coral Springs for a relaxed dining experience and flavorful Mediterranean cuisine. For outdoor dining, residents can visit ethos Greek Bistro for a variety of wine options and Greek-style small plates.

Turtle Run Shoppes has a great variety of retailers near Coral Lake.
Turtle Run Shoppes has a great variety of retailers near Coral Lake.
Moore Fire Grill near Coral Lake offers tasty Cajun and Southern cuisine.
Moore Fire Grill near Coral Lake offers tasty Cajun and Southern cuisine.
1/2

Education at Broward County Public Schools

Students in Coral Lake can attend schools, like Liberty Elementary, Margate Middle and Monarch High School, which have earned ratings of C-plus, C-plus and B-plus from the educational review site, Niche. Liberty Elementary School offers a magnet STEM program, in which students engage in hands-on projects each semester and share their findings with parents and community members, while Margate Middle School encourages students to test their science and math hypotheses through virtual labs that allow students to gain further understanding of their proposed findings. Monarch High School incorporates an honors program into its curriculum to prepare students for higher education and their careers. Private institutions like Abundant Life Christian Academy and Hebrew Academy Community School are also common here.

Join the journey of academic achievement at Monarch High School.
Join the journey of academic achievement at Monarch High School.
Margate Middle School is serving all students from Coral Lake.
Margate Middle School is serving all students from Coral Lake.
1/2

Nearby healthcare and transportation around Coral Lake

Coral Lake relies on Route 441 and West Sample Road for easy access to neighboring areas like Coral Gate and Coral Bay. Residents seeking public transit options can take the Broward County Transit (BCT) local bus service for trips in and around Coral Lake starting at $2.00 for adults one-way. For those seeking to travel longer distances, the Fort Lauderdale–Hollywood International is only 20 miles from Coral Lake. When seeking healthcare, residents are within walking distance of HCA Florida Northwest Hospital, which offers a 289-bed medical center and a newly expanded ER with high-tech healthcare innovations.

On the US 441, you have access to public transportation with several bus stop in Coral Lake.
On the US 441, you have access to public transportation with several bus stop in Coral Lake.
HCA Florida Northwest Hospital is just outside Coral Lake on the US 441.
HCA Florida Northwest Hospital is just outside Coral Lake on the US 441.
1/2
Christian Slater
Written By
Christian Slater
Photography Contributed By
Miguel Karroum
Hunter Severtson
Video By
Hunter Severtson

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Carlos Caicedo, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Fort Lauderdale/Hollywood International

32 min drive

Bus

Us 441 & Rancho B

Crime and Safety

1 - Low Crime, 10 - High Crime Coral Lake US
Homicide 4 4
Sexual Assault 5 4
Assault with Weapon 4 4
Robbery 3 4
Burglary 7 4
Motor Vehicle Theft 4 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$310,000
Median Single Family Price
$330,000
Median Townhouse Price
$472,500
Median 2 Bedroom Price
$209,000
Median 1 Bedroom Price
$166,500
Average Price Per Sq Ft
$245
Number of Homes for Sale
33
Last 12 months Home Sales
73
Months of Supply
5.40
Median List Price
$300,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-2%

Home Facts

Number of Homes in Neighborhood
1,189
Median Year Built
1984
Avg. Single Family Home Size Sq Ft
1,654
Below the national average
1,935
Average Townhouse Size Sq Ft
1,500
Average 2 Bedroom Size Sq Ft
1,079
Average 1 Bedroom Size Sq Ft
605
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Apr 27
    1 - 3pm

    5340 NW 31st St, Margate, FL 33063

    $599,000

    • 4 Beds
    • 2 Baths
    • 1,882 Sq Ft
    • 5340 NW 31st St
    • New 14 days ago

    Coming Soon 4 Bedroom 2 Bath Pool Home In Coral Gate Margate.

    Beverly Shanahan Keller Williams Realty Consult

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Carlos Caicedo, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,522
Median Age
41
Population Density
13 ppl/acre
Population under 18
22.4%
On par with the national average
23.8%
Population over 65
18.2%
On par with the national average
19.1%

Finances

Median Household Income
$54,233
Significantly below the national average
$71,702
Average Household Income
$69,850

Education and Workforce

High School Graduates
93.9%
College Graduates
24.8%
Below the national average
34.1%
Advanced Degrees
12.7%
% Population in Labor Force
73%
Above the national average
65.1%

Weather

Annual Precipitation
59''
Average Winter Low Temperature
59°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

39 / 100

Car-Dependent

Walk Score®

34 / 100

Some Transit

Transit Score®

37 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

Are you familiar with the Coral Lake neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Coral Lake