$399,900

705 Banks Rd Margate, FL 33063

Estimated payment $2,817/month

Total Views 787
2 Beds
2 Baths
1,092 Sq Ft
$366 Price per Sq Ft

Highlights

  • Very Popular Property
  • Vaulted Ceiling
  • Outdoor Living Area
  • Lake Front
  • Wood Flooring
  • Screened Porch

About This Home

Discover this stunning townhouse nestled in a highly sought-after Margate community, offering lake views from the main living areas. The open-concept kitchen is equipped with sleek stainless steel appliances and generous countertop space, seamlessly flowing into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. Included are two designated parking spaces and lush outdoor areas for relaxing and enjoying the serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle.

Listing Agent

Kenneth Picinich

Merit Realty, Inc. License #451696 Listed on: 03/25/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 3,048 Sq Ft Lot
  • Lot Dimensions are 37.34' x 82.00'
  • Lake Front
  • South Facing Home
  • Property is zoned R-3

HOA Fees

  • $352 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Screened Porch
  • Storage
  • Lake Views

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Living Area

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Coconut Creek High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common areas, legal/accounting, ground maintenance, pest control, pool(s), recreation facilities, reserve fund, roof, trash
  • Woodlake Isles Subdivision
  • Maintained Community
  • Community Parking

Listing and Financial Details

  • Assessor Parcel Number 484231140223

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,931

Year Built

Built in 1982 | Remodeled

Lot Details

3,048 Sq Ft Lot

HOA Fees

$352 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Atlantic Boulevard. West of Lyons Road to Banks Road. North to Woodlake Isles on the left.
  • Year Built: 1982
  • Architectural Style: Ranch
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Main Level Primary, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry,Vaulted Ceilings,Walk-In Closets
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Living Area: 1092.0
  • Stories: 1

Exterior Features

  • Exterior Features: None, Outdoor Living Area, Porch
  • View: Lake, Water
  • Fencing: Vinyl
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Road Surface Type: Asphalt
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Asphalt, Open
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet, In Unit, Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1057.0
  • Phone: 954-363-1824
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Maintenance, Other, Parking
  • Association Fee Frequency: Quarterly
  • Association Name: Woodlake Isles Inc.
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash

Schools

  • Elementary School: Liberty (Broward)
  • High School: Coconut Creek
  • Middle Or Junior School: Margate

Lot Info

  • Parcel #: 484231140223
  • Land Lease: No
  • Lot Size Acres: 0.07
  • Lot Size: 37.34' X 82.00'
  • Mobile Dim Units: Feet
  • Zoning: R-3

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3931.49

Multi Family

  • Number Of Units In Community: 140

Map

Range of Values:

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Value Increase
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,931 $216,560 -- --
2025 $3,829 $210,870 -- --
2024 $3,746 $204,930 -- --
2023 $3,746 $198,970 $0 $0
2022 $3,571 $193,180 $0 $0
2021 $3,472 $187,560 $22,100 $165,460
2020 $1,645 $104,100 $0 $0
2019 $1,608 $101,760 $0 $0
2018 $1,509 $99,870 $0 $0
2017 $1,484 $97,820 $0 $0
2016 $1,398 $95,810 $0 $0
2015 $2,908 $118,600 $0 $0
2014 $1,125 $81,090 $0 $0
2013 -- $92,790 $21,340 $71,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 For Sale $399,900 +181.6% $366 / Sq Ft
04/07/2015 04/07/15 Sold $142,000 -5.3% $128 / Sq Ft View Prior Sale
03/08/2015 03/08/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $150,000 -- $135 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $218,000 Nexstar Title And Escrow Llc
Warranty Deed $142,000 None Available
Interfamily Deed Transfer $130,000 Turnkey Title
Quit Claim Deed -- --
Warranty Deed $57,357 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,051 FHA
Previous Owner $134,900 FHA
Previous Owner $117,000 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: B26006143

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0223

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