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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 500k in Coral Bay Margate, FL

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Star IconWhat to know
  • The population of Coral Bay is characterized by a diverse demographic profile, with a significant portion of residents aged between 40 and 44. Many in this age group earn up to $70,097, making it an appealing area for established professionals and families.
  • The largest demographic group in Coral Bay are individuals aged 40 to 44, who typically earn up to $70,097.

Market Overview

AVG. DAYS ON MARKET
99
AVG. SOLD PRICE
$220,000

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Frequently Asked Questions About Margate, FL

What is it like to live in Coral Bay, Margate, FL?

Living in Coral Bay offers a suburban lifestyle with a mix of single-family homes and townhouses. Residents have access to community amenities such as pools, parks, and recreational facilities, promoting an active lifestyle. The area is known for its family-friendly environment and proximity to shopping and dining options.

Is Coral Bay, Margate, FL expensive?

Coral Bay is known for its relatively affordable housing options compared to other areas in South Florida. The cost of living is moderate, with a mix of single-family homes and townhouses attracting a variety of residents. Prices can vary significantly depending on property type and location within the community.

What is the weather of Coral Bay, Margate, FL?

Coral Bay experiences a tropical rainforest climate with warm temperatures year-round, averaging highs in the 80s°F (27-32°C) and lows in the 60s-70s°F (15-24°C). The region sees significant rainfall, particularly during the summer months, with a wetter season typically occurring from May to October.

How safe is Coral Bay, Margate, FL?

Coral Bay is generally considered a safe neighborhood, with crime rates lower than the national average for similar suburban areas. The community benefits from a proactive local police presence and neighborhood watch programs.