Villa in 627 Banks Road 48, Margate, FL 33063 for sale with MLS# B26043450

Welcome to this charming lakefront villa in the highly desirable Woodlake Isles in Margate! This well-maintained residence offers two spacious bedrooms, each with an ensuite bathroom, for added comfort and convenience. Enjoy seamless indoor-outdoor living with both front and rear patios, providing the perfect spaces for relaxing, entertaining, or grilling while surrounded by lush landscaping. Tranquil lake views create a warm and inviting atmosphere throughout the home. Ideally located near schools, shopping, dining, entertainment, and beautiful parks. This villa offers the perfect blend of serenity and convenience. Motivated seller - schedule your private showing today and bring all offers! Upgraded bathrooms and hurricane impact patio sliding doors.

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627 Banks Road 48, Margate, FL 33063

Price
Price:
$299,999.00
Original List Price:
$309,900.00
List Price per Sq Ft (Calculated, Approx.):
$274.72
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Villa
Description of Last Important Update:
Status Change
Last Major Update on:
August 2, 2026 8:47 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
2 Master Baths
Dining Area:
Snack Bar/counter, Dining/Living Room
Measures
Living Area:
1,092 Sqft
Built-Up Area:
1,242 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.05
Property Features
View from the Property:
Lake, Water
Waterfront:
Yes
Waterfront Features:
Lake Front
Security:
Gated - No Guard
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Range, Electric Range, Electric Water Heater, Water Heater, Range, Wine Refrigerator, Oven
Interior:
Storage, Bedroom Layout - Split
Exterior:
Barbecue, Courtyard, Storage
Patio and Porch:
Patio, Patio - Covered
Laundry:
Laundry Closet, In Unit
Fireplace
Fireplace:
Decorative, Electric
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Vinyl, Partial
Property Entrance Faces:
South
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1982
Roof:
Shingle
Year Roof Installed:
2026
Levels:
One
Entry Level (floor):
1
Construction Materials:
Stucco, CBS
Flooring:
Tile
Number of stories:
1
Structure Type:
Villa
Stories:
1
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$4,915.49
Tax Year:
2025
Tax Assessed Value:
$150,470.00
Association Fee:
$353.00
Association Fee Frequency:
Monthly
Property Tax Details:
Homestead Exemption
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Parking Features:
Driveway, Asphalt
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 Type:
Homeowner Association
Pets Allowed?:
Yes, Call
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Fishing Pier, Tennis Court(s)
Subdivision Name:
WOODLAKE ISLES
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Common Areas, Insurance, Roof Repairs, Pool Service, Recreation Facility
Association Name:
Woodlake Iles LLC
Senior Community:
No
Association Phone:
954 363-1824
Restrictions:
Lease Restrictions
Minimum Days per Lease:
30
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
WOODLAKE ISLES 108-5 B PT OF TR A DESC AS COMM SE COR TR A,WLY 118.17,NLY 111.52,WLY 51.95,NLY 38,NE 52,NW 119.50,NE 5.14,NW 101.67,SW 52,SW
Real Estate Folio Number (Parcel Number):
484231140122
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 20, 2026
Listing Agreement executed on:
June 18, 2026
Purchase Contract Date:
July 31, 2026
Price change occurred on:
July 17, 2026 1:27 pm
Listing Status Last Changed On:
August 2, 2026 8:46 pm
Photos updated on:
June 20, 2026 11:46 am
Last Modified:
August 2, 2026 8:47 pm
Additional Information
Courtesy of:
Engage 100 Realty Group
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Banks
Street Number:
627
Unit Number:
48
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 14' 28.6''
Longitude:
W81° 48' 9.5''
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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