J
Seller's Agent in 2026
Jack Rainwater
Majestic Realty, LLC
(954) 966-1820
8 Total Sales
723 Banks Rd Margate, FL 33063
Margate Area
2
Beds
2
Baths
1,038
Sq Ft
1983
Built
Highlights
- Lake Front
- Fishing
- End Unit
- Dock Available
- Clubhouse
- 5-minute walk to Lakewood Park
About This Home
As of June 20262BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.
Last Agent to Sell the Property
Majestic Realty, LLC License #3525578 Listed on: 03/30/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,618
Year Built
- Built in 1983
Lot Details
- Lake Front
- End Unit
HOA Fees
- $352 Monthly HOA Fees
Property Views
- Lake
- Garden
Home Design
- Villa
- Property Attached
- Entry on the 1st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,038 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Guest Parking
Outdoor Features
- Access To Lake
- Dock Available
- Courtyard
- Patio
Schools
- Liberty Elementary School
- Margate Middle School
- Coconut Crk High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 484231140250
Community Details
Overview
- Woodlake Isles Condos
- Woodlake Isles Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2026
Closed on
Jun 5, 2026
Sold by
Bought by
Seller's Agent
Jack Rainwater
Majestic Realty, LLC
Buyer's Agent
Abdulla Richards
AR1 State of the Art Real Estate, Inc.
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$294,565
Outstanding Balance
$294,288
Interest Rate
6.3%
Mortgage Type
FHA
Estimated Equity
$8,379
Purchase Details
Closed on
Nov 12, 2021
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 1992
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,565 | FHA | |
| Previous Owner | $321,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $67,000 | Credit Line Revolving |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | Sold | $300,000 | -6.0% | $289 / Sq Ft |
| 04/30/2026 04/30/26 | Pending | -- | -- | -- |
| 04/15/2026 04/15/26 | Price Changed | $319,000 | -1.8% | $307 / Sq Ft |
| 03/30/2026 03/30/26 | For Sale | $325,000 | -- | $313 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,618 | $106,750 | ||
| 2025 | $1,571 | $103,950 | ||
| 2024 | $1,525 | $101,030 | ||
| 2023 | $1,525 | $98,090 | $0 | $0 |
| 2022 | $1,438 | $95,240 | $0 | $0 |
| 2021 | $1,391 | $92,470 | $0 | $0 |
| 2020 | $1,363 | $91,200 | $0 | $0 |
| 2019 | $1,330 | $89,150 | $0 | $0 |
| 2018 | $1,249 | $87,490 | $0 | $0 |
| 2017 | $1,226 | $85,700 | $0 | $0 |
| 2016 | $1,139 | $83,940 | $0 | $0 |
| 2015 | $1,162 | $83,360 | $0 | $0 |
| 2014 | $1,162 | $82,700 | $0 | $0 |
| 2013 | -- | $98,330 | $31,770 | $66,560 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Rainwater
-
Abdulla Richards
Buyer's Agent in 2026
Abdulla Richards
AR1 State of the Art Real Estate, Inc.
(954) 445-8970
128 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11992007
APN: 48-42-31-14-0250
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