6217 MOHAWK TERRACE, Margate, FL, 33063 | $519,997

Amazing location! Those familiar with this area know what a hidden gem this home is. Gated Coral Bay is one of the most affordable and sought-after communities in Margate, offering an exceptional lifestyle. Within IndianKey, 4-bedroom homes are rare—but this one has it all!

Move-in ready & designed for comfort! This exquisite two-story home features 4 bedrooms, 2. 5 bathrooms, and a 2-car garage, spanning nearly 1, 700 sq. ft. Step inside to a bright and open floor plan featuring an elegant kitchen with wood cabinetry, granite countertops, and stainless-steel appliances. The first floor boasts sleek tile flooring, while the stairs and second floor feature beautiful wood laminate.

Includes all appliances, lamps, ceiling fans & patio shed. Brand-new A/C installed on 12/01/2023. Outside, relax in your private backyard oasis, complete with pavers and lush landscaping—an ideal space for entertaining or unwinding in Margate’s warm and welcoming atmosphere.

Coral Bay offers low HOA fees and an array of resort-style amenities, including three community pools, basketball and tennis courts, a tot-lot, a park, and 24/7 security with a private resident-only entrance. Conveniently located just minutes from shopping, dining, and the stunning Margate Beach, where you can enjoy pristine sands and spectacular ocean views. Don’t miss out on this incredible opportunity! Schedule your private tour today!

Features

  • Amenities: Basketball Court, Clubhouse
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: In Garage
  • Year Built: 1995
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,639
  • Acreage: 0.07
  • Est. Taxes: $8,076
  • HOA Fee: $180 Annually
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: S5123387
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/S5123387/6217mohawkterrace_margate_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/8/2025 11:32:13 PM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Laurie E. ShiffSales Associate

203.912.4014

Laurie.Shiff@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Michael AlvordInsurance Sales Director, William Raveis Insurance

203.925.4507

Michael.Alvord@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

6217 MOHAWK TERRACE, Margate, FL, 33063

$519,997

Laurie E. Shiff

Sales Associate

William Raveis Real Estate

Phone: 203.912.4014

Laurie.Shiff@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $415,998 $415,998 $415,998
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.152%
Monthly Tax Payment $673 $673 $673
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,595 $2,733 $3,482
Total Monthly Payment $3,360 $3,498 $4,247

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.