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.
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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