Your Coral Springs, FL, Real Estate Questions Answered

Immerse yourself in the relaxing suburban city of Coral Springs in South Florida. Known for its family-friendly nature, top-rated schools, and business opportunities, Coral Springs has what you need to make a perfect home.

Your next property might be right in the heart of South Florida. If you’re considering buying a home, check out these frequently asked questions about Coral Springs real estate.

About Coral Springs, FL

Coral Springs lies between Parkland and Coconut Creek on the northwest corner of Broward County. What started as green bean farms and cattle fields has evolved into a modern city filled with things to do, places to work, and easy access to nearby areas.

Just over 60 years ago, James S. Hunt and Joe Taravella, two well-known builders from Fort Lauderdale, founded Coral Springs. They had a vision for a ground-up, carefully planned city. They initially purchased from the Lions family, who were local green bean farmers in the area.

This city’s uniqueness comes in the history of its city planning process. Coral Springs is among the first cities in Florida planned before starting construction. Each building and home was strategically placed to enhance its development and followed a strict building code to maintain the city’s look.

Their vision laid the foundation for what Coral Springs is today: a vibrant, suburban city. Thorough planning benefits with its continued development, neighborhood, and community amenities.

What county is Coral Springs in?

Broward County is one of the most populated counties in Florida. The population of 1,944,376 people is spread across 31 cities, each packed with many amenities. The abundance of things to do includes unique dining experiences, casinos, championship golf courses, Atlantic coast beaches, and multiple county and local parks.

Multiple highways run through Broward County. The Florida Turnpike, I-95, I-75, and the Sawgrass Expressway allow easy access to work, entertainment, and destinations outside the city limits. Its position just north of Miami-Dade County and south of Palm Beach places residents between the best entertainment and cultural perks of South Florida living.

What is the cost of living in Coral Springs, FL?

Find value in this South Florida city. Coral Springs residents find a cost of living 20% above the national average. However, compared to many other areas, it is still considered affordable. The above-average cost of living means that salaries must be higher for residents to meet their needs.

The average salary of $81,944 per household is much higher than the national average of $69,021 per year. A family of two working adults and one child must make $87,193 per year to make ends meet living in Coral Springs. Each adult must earn $43,596 or $20.96 per hour.

On the plus side, Florida is one of only seven states that do not require residents to pay state income tax, saving workers over 4.6% of their income each year.

What is the average price of a home in Coral Springs, FL?

If you are looking for quality homes, you can bet you’ll find them in Coral Springs. The median home price for Q2 2023 was $654,500, a 2.3% reduction from the prior year’s reporting period. Coral Springs real estate was above the Broward County median of $595,000 at that time. 

In September 2023, listings could be found for as low as  $480,000, which is significantly cheaper than other surrounding cities. Take Parkland, which has substantially higher median home prices that exceed $1.01M. 

Considering that Coral Springs is just south of Parkland, residents still have many amenities and benefits that Parkland residents enjoy without paying as much in their housing costs.

Are there any condos or townhomes available in Coral Springs? 

Single-family homes are not the only real estate options for those looking to buy in Coral Springs. Condominiums and townhomes are available for sale with options as of September 2023 ranging from $110,000 to $685,000. The average price per square foot is approximately $172.

For more context, in Q2 2023, Coral Springs condos and townhomes had a median sale price of $245,000, up 8.9% year-over-year. The market also had about 19% fewer listings, which aligns with a local and national real estate trend.

Are there any waterfront properties found in Coral Springs?

If you love living near water, Coral Springs should be high on your list. Sure, it’s not beachfront on the Atlantic. However, it is next to the Everglades, creating prevalent ponds, lakes, and canals for water control. 

Whether it is a condo or a single-family home, there are waterfront properties that will meet your budget. Waterfront property prices ranged from $140,000 to $3.2M. In September 2023, waterfront property was listed for $599,000 ($171.78 per square foot).

Are there golf course communities in Coral Springs, FL? 

If you are looking for a golf community, Coral Springs has you covered. As of September 2023, there were 16 listings with properties located within golf communities like Eagle Trace, Eagle Glen, and the Country Club of Coral Springs.

Eagle Trace is a well-landscaped community built around one of the nation’s top private golf courses. Beautiful water views, greens, and natural foliage break up the community homes and development. Besides golf, the Eagle Trace has five HarTru tennis courts, two basketball courts, two pickleball courts, and a playground for its younger residents. 

The Country Club of Coral Springs’ 18-hole golf course is surrounded by single-family homes and The Marquis Coral Springs Luxury apartments. Recently renovated, the Country Club of Coral Springs is deemed to be one of the best semi-private courses in Broward, with a championship course, driving ranges, putting greens, and instruction available.

Are there active adult communities in Coral Springs, FL?

Florida’s favorable weather, entertainment, and access to quality healthcare and facilities make it a popular option for many older adults. Coral Springs has one 55+ community called Briarwood. Residents in this condominium embrace the Florida sunshine while pursuing their hobbies in retirement.

What neighborhoods are in Coral Springs, FL?

About 24 different neighborhoods make up Coral Springs. Some of the most notable neighborhoods in the area are Wyndham Lakes, Whispering Woods, The Isles, Running Brook Hills, and Maplewood.

Do you like homes with a country feel but are still conveniently close to the cultural attractions of a city? You may be interested in the single-family homes behind the gated community of Whispering Woods. This exclusive community’s houses can have up to eight bedrooms and sit on at least an acre lot, promoting privacy.  

Facing a lake and crossed with canals is a single-family community called The Isles. Lakefront properties may include docks and lifts, so homeowners can take their boats out to fish right from their backyard. Residents in this community are close to W Atlantic Boulevard, where they can quickly access the Sawgrass Expressway if they commute to nearby metro areas like Fort Lauderdale or Miami.

Maplewood includes large townhomes surrounded by lush greenery. The charming community has a pool, green spaces, private patios, and an HOA.

Find even more amenities-rich and carefully crafted developments when you explore Coral Springs real estate with a local agent.

What is the property tax rate for Coral Springs, FL?

Property taxes are due each year on March 31. Coral Springs residents pay taxes to Broward County and the city to cover local government services, maintenance of city areas, parks, fire departments, and more.

The millage rate—or the rate at which tax amounts are assessed—is 20.3569 as of 2022. This amount is subject to change yearly and is determined by the Broward County Commission.

Florida offers its residents property tax exemptions, and some Broward County residents may benefit from a reduced tax burden. If you believe you might qualify for a property tax exemption, visit them online to learn more about their available programs.

Is Coral Springs, FL, growing?

Many areas in the Sunshine State are growing quickly. Coral Springs is highly desired because of its ideal location, diverse cultures, and quality schools. In 2020, the population of Coral Springs increased to 134,394 people. This is over a 10% increase since 2010 when the population sat at 121,096 residents.

The city’s comprehensive plan showcases its community development efforts to accommodate Coral Springs’ growth. This plan details land use, transportation plans, and utility improvements.

Things to do in Coral Springs

Florida comes with beautiful natural areas and vistas. The Sawgrass Nature Center showcases this combination perfectly. It has five acres of land dedicated as a wildlife hospital for injured animals. Get closer to wild birds, mammals, and reptiles, and learn about native trees and plants minutes from home.

If you love learning about the past, the Museum of History has all you need to know about Coral Springs. While focusing on its development, you will learn who decided to build here and why. The exhibit showcases all the old plats, maps, and surveys that defined one of Florida’s earliest modern planned cities.

Those who enjoy the arts will appreciate the performances at the Coral Springs Center for the Arts. It hosts shows for all ages and interests throughout the year, including comedians, broadway performances, concerts, and more.

Winter weather does make it to Florida, or at least to the Florida Panthers Ice Den. It serves as the Florida Panthers Hockey team training facility. When players are not on the ice, residents are welcome to skate on an NHL-regulated ice rink.

What areas are near Coral Springs, FL?

Locals have a rich selection of activities in Coral Springs, but there’s even more waiting with an easy drive outside the city limits. The Sawgrass Expressway leads straight to Deerfield Beach. When they approach the “Blue Wave” beach, they will find a beach town with a fishing pier, a boardwalk perfect for running, and sandy white beaches ideal for the entire family. Deerfield Beach has beachfront restaurants where visitors eat quality meals while listening to the sound of crashing waves.

If you like horses, Parkland is only a 15-minute drive from Coral Springs. The Equestrian Center at Temple Park has two equestrian rings for training and competition. Visitors can bring their horses or spectate as others ride and train their mounts. And, between November and April, guests can buy organically-grown produce from their Farmer’s Market.

If horses are not for you, find more activities with a quick drive to Pompano Beach. From a trampoline park to casinos, there is something that will keep you entertained for the entire day. Pompano Beach is just north of Fort Lauderdale.

Several casinos are in Broward County. But if you are looking for one just minutes from home, the Seminole Casino Coconut Creek, on 441 and Sample Road, is available to test your best poker face.

Butterfly World makes nature lovers rejoice. About 15 minutes away, Coconut Creek is a facility within Tradewinds Park that houses multiple birds and thousands of butterfly species. Come face to face with all these different species in its exhibit.

What to know about living in Coral Springs, FL

Buying a home in Coral Springs provides you and your family access to an incredibly well-rounded lifestyle in one of the most popular communities in South Florida. Well-linked to greater Fort Lauderdale and Miami by highways, it stands on its own two feet as a top suburban town with delicious restaurants, top schools, recreation centers, and more.

Don’t miss out on touring Coral Springs real estate. If you’re looking for a South Florida home, search recent listings online.