Villa in 723 Banks Rd Margate for sale with MLS# A11992007

2BR/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.

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723 Banks Rd, Margate, FL 33063

Price
Price:
$319,000.00
Previous Asking Price:
$325,000.00
Original List Price:
$325,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Villa
MLS Number:
A11992007
Description of Last Important Update:
Price Change
Last Major Update on:
April 15, 2026 9:49 am
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
1,038 Sqft
Built-Up Area:
1,234 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Lake, Garden
Waterfront:
Yes
Waterfront Features:
Lake Front, Lake Privileges
Swimming Pool Features:
Association
Security:
Other
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Electric Range
Interior:
First Floor Entry, Walk-In Closet(s), Bedroom On Main Level
Exterior:
Patio, Enclosed Porch, Courtyard
Patio and Porch:
Patio, Porch, Screened
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Water Access Description:
Dock Available
Construction
Year Built:
1983
Year Built Details:
Effective Year Built
Entry Level (floor):
1
Entry Level Location:
1
Construction Materials:
Block
Flooring:
Other
Number of stories:
1
Taxes and Expenses
Tax Annual Amount:
$1,618.00
Tax Year:
2025
Association Fee:
$1,057.00
Association Fee Frequency:
Quarterly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Two Or More Spaces, Guest
Community
Pets Allowed?:
Yes, No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Other, Pier
Subdivision Name:
WOODLAKE ISLES
Association Fee Includes:
Maintenance Grounds, Roof, Trash, Common Areas, Insurance, Parking, Amenities, Pools, Legal Accounting
Complex Name:
WOODLAKE ISLES
Senior Community:
No
Restrictions:
Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
WOODLAKE ISLES 108-5 B PT OF TR A DESC IN OR 10688/656 AKA: UNIT 96 OF BLDG 545
Real Estate Folio Number (Parcel Number):
484231140250
Public Schools Assigned
Elementary School:
Union Park Elem
High School:
Coconut Crk High
Middle Or Junior School:
Margate Middle
Listing History
Originally published on:
March 31, 2026 7:38 pm
Active on the market since:
March 30, 2026
Price change occurred on:
April 15, 2026 9:49 am
Listing Status Last Changed On:
March 31, 2026 7:38 pm
Photos updated on:
March 31, 2026 11:55 pm
Last Modified:
April 15, 2026 1:53 pm
Additional Information
Unit View:
Garden View, Lake
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit
Type of Association:
Homeowners
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$0.00
Number of Times Leased per Year:
1
Flood Zone:
AE, X
Application Fee:
$150.00
Style:
Villa Fee Simple
Subdivision Number:
14
Courtesy of:
Majestic Realty, LLC
Attribution:
Not provided
Location
Street Name:
Banks Rd
Street Number:
723
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 14' 46.6''
Longitude:
W81° 48' 19.9''
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

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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.