Villa in 653 Banks Rd Margate for sale with MLS# A11974018

Lakefront living at an incredible value! This bright and spacious 2-bedroom, 2-bath villa offers vaulted ceilings, tile flooring throughout, and a generous open-concept living and dining area filled with natural light. The kitchen features stainless steel appliances, ample cabinet space, and a breakfast bar that opens to the main living space. The primary suite includes sliding glass doors leading to the screened patio, a large closet, and a private bath. Enjoy peaceful lake views from your patio - perfect for morning coffee or relaxing evenings. Additional highlights include in-unit laundry, abundant storage, and a private fenced courtyard entry.

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653 Banks Rd, Margate, FL 33063

Price
Price:
$310,500.00
Previous Asking Price:
$315,500.00
Original List Price:
$315,500.00
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Association Approval
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Villa
MLS Number:
A11974018
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
April 28, 2026 10:34 am
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
1,092 Sqft
Built-Up Area:
1,242 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Lake
Waterfront:
Yes
Waterfront Features:
Lake Front
Swimming Pool Features:
Heated
Security:
Smoke Detector(s), Other
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator
Interior:
First Floor Entry, Breakfast Area, Bedroom On Main Level, Vaulted Ceiling(s), Built-in Features, Kitchen Dining Combo, Dual Sinks
Exterior:
Fence, Enclosed Porch, Courtyard
Patio and Porch:
Porch, Screened
Laundry:
Washer Hookup, Dryer Hookup
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Electric
Heating
Heating System:
Central
Water Access Description:
Dock Available
Construction
Year Built:
1982
Year Built Details:
Resale
Architectural Style:
Other
Entry Level (floor):
1
Entry Level Location:
1
Construction Materials:
Block, Brick
Flooring:
Tile, Laminate
Number of stories:
1
Taxes and Expenses
Tax Annual Amount:
$6,364.00
Tax Year:
2025
Association Fee:
$370.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Two Or More Spaces
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Boat Dock, Pool, Clubhouse, Playground, Barbecue, Picnic Area, Tennis Court(s), Basketball Court, Pier
Subdivision Name:
WOODLAKE ISLES
Association Fee Includes:
Maintenance Grounds, Trash, Security, Maintenance Structure, Common Areas, Insurance, Recreation Facilities, Pools
Complex Name:
Woodlake
Senior Community:
No
Restrictions:
Exterior Alterations, No RVs, No Trucks, Okay to Lease During First Year of Ownership
Terms
Listing Terms Considered by Seller:
Conventional, FHA, VA Loan
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
WOODLAKE ISLES 108-5 COMM SE COR TR A,NW 118.17,NLY 111.52,WLY 51.95,NLY 38,NE 52, NW 119.50,NE 5.14,NW 101.67,SW 52,SW 31.28,NW 15,NE 72.05
Real Estate Folio Number (Parcel Number):
484231140161
Public Schools Assigned
Elementary School:
Liberty
High School:
Coconut Crk High
Middle Or Junior School:
Margate Middle
Listing History
Originally published on:
February 28, 2026 4:08 pm
Active on the market since:
February 28, 2026
Price change occurred on:
March 24, 2026 4:55 pm
Listing Status Last Changed On:
April 28, 2026 10:34 am
Photos updated on:
February 28, 2026 9:38 pm
Last Modified:
May 29, 2026 3:03 pm
Additional Information
Unit View:
Lake
Pet Fee Description:
Non-Refundable
Housing Older Persons Act:
No HOPA
Unit Design:
Other
Type of Association:
Homeowners
Minimum Number of Days per Lease:
6
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$250.00
Number of Times Leased per Year:
2
Flood Zone:
X
Application Fee:
$150.00
Style:
Villa Fee Simple
Subdivision Number:
14
Courtesy of:
Luxe Properties
Attribution:
Not provided
Location
Street Name:
Banks Rd
Street Number:
653
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 15' 4.8''
Longitude:
W81° 48' 20.2''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $62,930
Median Home Value $270,100
Median Rent $1,790/mo
Median Age 45
Population 55,539

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 26 Good
☀️ O3 10 Good
🫁 PM2.5 26 Good
💨 PM10 8 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.