Villa in 705 Banks Road, Margate, FL 33063 for sale with MLS# B26006143
Discover this stunning townhouse nestled in a highly sought-after Margate community, with lake views from the main living areas. The open-concept kitchen features sleek stainless-steel appliances and generous countertop space, flowing seamlessly into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. The home includes two designated parking spaces and lush outdoor areas for relaxing and enjoying serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle. Woodlake Isles HOA completed new roofs and new parking lot asphalt in the 1st quarter of 2026!
705 Banks Road, Margate, FL 33063
Price
- Price:
- $379,900.00
- Original List Price:
- $399,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $366.2
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Villa
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- May 26, 2026 2:36 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Laundry
- Rooms Total:
- 1
- Master Bedroom Bath:
- Master Bdrm - Ground
Measures
- Living Area:
- 1,092 Sqft
- Built-Up Area:
- 1,242 Sqft
- Lot Area:
- 3,049.20 Sqft
- Lot Size Dimensions and Info:
- 37.34' X 82.00'
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.07
Property Features
- View from the Property:
- Lake, Water
- Waterfront:
- Yes
- Waterfront Features:
- Lake Front
- Frontage Length:
- 37.34
- Furnished:
- Unfurnished
- Appliances:
- Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Range, Oven, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Vented Exhaust Fan
- Interior:
- High Ceilings, Walk-In Closet(s), Vaulted Ceiling(s), Storage
- Patio and Porch:
- Patio, Porch, Patio - Covered, Porch - Screened
- Laundry:
- Washer Hookup, Inside, Laundry Closet, Electric Dryer Hookup, In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Fence:
- Vinyl
- Boat and Dock Features:
- Ramp
- Property Entrance Faces:
- South
- Unit Description:
- Corner/end Unit
- Storm Protection Accordian Shutters:
- Complete
- Storm Protection Details:
- Storm Shutters
Construction
- Year Built:
- 1982
- Roof:
- Shingle, Composition
- Year Roof Installed:
- 2026
- Architectural Style:
- Ranch
- Levels:
- One
- Entry Level (floor):
- 1
- Entry Level Location:
- First Floor Entry,Vaulted Ceilings,Walk-In Closets
- Construction Materials:
- Stucco, CBS
- Flooring:
- Tile, Wood, Vinyl
- Number of stories:
- 1
- Structure Type:
- Villa
- Number of Units in the Community or Building:
- 140
- Stories:
- 1
- Foundation Details:
- Slab
- Property Condition:
- Resale, Updated/remodeled
Taxes and Expenses
- Tax Annual Amount:
- $3,931.49
- Tax Year:
- 2025
- Tax Assessed Value:
- $210,870.00
- Association Fee:
- $1,057.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- Tax Reflects No Exemptions
Parking
- Parking Total Spaces:
- 2
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Open, Asphalt
Utilities
- Sewer:
- Public Sewer
- Electric:
- 150 Amp Service
- Utilities Available:
- Cable Available, Phone Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Special Assessment
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Other, Parking, Maintained Community
- Subdivision Name:
- WOODLAKE ISLES
- Association Fee Includes:
- Maintenance Grounds, Trash, Pest Control, Common Areas, Legal/accounting, Reserve Funds, Roof Repairs, Pool Service, Recreation Facility
- Association Name:
- Woodlake Isles Inc.
- Senior Community:
- No
- Development Name:
- Woodlake Isles
- Association Phone:
- 954-363-1824
- Restrictions:
- Other Restrictions, Buyer Approval Required, Lease Restrictions, Parking - No Trailer
- Minimum Days per Lease:
- 365
- Other Leasing Restrictions:
- Leasing Prohibited 1st 2 Years
- Membership Details:
- No Membership Available
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Before Closing
Zoning and Legal
- Tax Legal Description:
- WOODLAKE ISLES 108-5 B PT TR A DESC AS COMM SE COR TR A W 118.17,N 111.52,W 51.95,N 38, NE 52,NW 119.50,NE 5.14,NWLY FOR 101.67,SW 83.28,NW
- Real Estate Folio Number (Parcel Number):
- 484231140223
- Zoning:
- R-3
Public Schools Assigned
- Elementary School:
- Liberty (broward)
- High School:
- Coconut Creek
- Middle Or Junior School:
- Margate
Listing History
- Active on the market since:
- March 25, 2026
- Listing Agreement executed on:
- March 24, 2026
- Price change occurred on:
- May 26, 2026 2:36 pm
- Listing Status Last Changed On:
- March 25, 2026 7:15 am
- Photos updated on:
- March 25, 2026 7:15 am
- Last Modified:
- May 31, 2026 1:07 pm
Additional Information
- Courtesy of:
- Merit Realty, Inc.
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
Location
- Street Name:
- Banks
- Street Number:
- 705
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 14' 32.9''
- Longitude:
- W81° 48' 12.8''
- Street Suffix:
- Road
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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