Condo in 1023 Banks Road 201, Margate, FL 33063 for sale with MLS# B26039509

Attention Investors!" Highly Desirable Second-Floor Corner Unit - Start Earning Income from Day One!" This spacious condo offers two primary suites, each with a large walk-in closet, providing comfort and privacy. Enjoy an open layout, in-unit washer and dryer, additional storage, and a generous screened balcony perfect for relaxing and taking in the views. Conveniently located near colleges, restaurants, shopping, major highways, casinos, and everyday conveniences. A great opportunity for year-round living

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1023 Banks Road 201, Margate, FL 33063

Price
Price:
$238,000.00
Original List Price:
$245,000.00
List Price per Sq Ft (Calculated, Approx.):
$208.51
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 19, 2026 6:53 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
2 Master Suites
Dining Area:
Dining/Living Room, Breakfast Area
Measures
Living Area:
1,175 Sqft
Built-Up Area:
1,175 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Property Features
View from the Property:
Pool, Water, Canal
Waterfront:
Yes
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Range
Interior:
High Ceilings, Walk-In Closet(s), Vaulted Ceiling(s), Storage
Exterior:
Balcony
Patio and Porch:
Deck
Laundry:
In Unit
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
East
Unit Description:
Corner/end Unit
Balcony Details:
Balcony - Screened
Construction
Year Built:
1983
Roof:
Concrete
Levels:
One
Entry Level (floor):
2
Entry Level Location:
Second Floor Entry, Walk-In Closets
Construction Materials:
Block
Flooring:
Tile, Wood, Other, Ceramic Tile
Number of stories:
2
Structure Type:
Multi Family
Stories:
1
Road Frontage Type:
East of US-1
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$4,920.88
Tax Year:
2025
Tax Assessed Value:
$213,590.00
Association Fee:
$500.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
1
Covered Spaces:
0
Parking Features:
Common, Assigned, Guest
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval, Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes, Breed Restrictions
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Parking, Street Lights, Maintained Community
Subdivision Name:
WOODLAKE ISLES NORTH CONDO
Association Fee Includes:
Maintenance Grounds, Water, Maintenance Structure, Common Areas, Roof Repairs
Association Name:
Woodlake Isles North Condominium Association, Inc.
Senior Community:
No
Association Phone:
(941) 263-3185
Restrictions:
Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Lease Restrictions, Parking - No Truck, Limited # Vehicles, Parking - No Motorcycle, Parking - No Trailer
Minimum Days per Lease:
365
Other Leasing Restrictions:
Tenant Approval, Short Term Rentals Prohibited
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
WOODLAKE ISLES NORTH CONDO UNIT 201 BLDG 1 PER CDO BK/PG: 11221/539
Real Estate Folio Number (Parcel Number):
484231ag0090
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:
June 10, 2026
Listing Agreement executed on:
June 10, 2026
Price change occurred on:
August 19, 2026 6:53 pm
Listing Status Last Changed On:
June 10, 2026 9:11 pm
Photos updated on:
October 24, 2026 11:49 pm
Last Modified:
October 24, 2026 11:49 pm
Additional Information
Courtesy of:
Century 21 Stein Posner
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Banks
Street Number:
1023
Unit Number:
201
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 14' 31.8''
Longitude:
W81° 48' 18.1''
Street Suffix:
Road
Property Map

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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®
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