Townhouse in 751 Banks Road, Margate, FL 33063 for sale with MLS# F10550654

Seller Motivated!!! FHA-approved waterfront 2bedrooms, 2bathrooms home featuring a sitting boat deck on the lake perfect for relaxing and enjoying tranquil water views. Bring your boat and enjoy lakefront living. Located in a well maintained neighborhood with a low HOA, offering both comfort and affordability. Peaceful surroundings with convenient access to nearby amenities. Great opportunity for first time buyers or investors.

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Days on the market

751 Banks Road, Margate, FL 33063

Price
Price:
$359,999.00
Original List Price:
$369,999.00
List Price per Sq Ft (Calculated, Approx.):
$352.6
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Townhouse
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 8, 2026 7:31 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Measures
Living Area:
1,038 Sqft
Property Features
View from the Property:
Lake, Water
Waterfront:
Yes
Waterfront Features:
Lake Front
Security:
Security Patrol
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Water Heater
Interior:
Walk-In Closet(s), Closet Cabinetry
Patio and Porch:
Deck, Porch, Porch - Screened
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Boat and Dock Features:
Private Dock
Unit Description:
Corner/end Unit
Construction
Year Built:
1983
Levels:
Two
Construction Materials:
Block
Flooring:
Tile, Ceramic Tile
Number of stories:
1
Structure Type:
Townhouse
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,886.00
Tax Year:
2025
Association Fee:
$1,256.00
Association Fee Frequency:
Quarterly
Property Tax Details:
Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Homeowner Association
Pets Allowed?:
Yes, No Restrictions
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Fishing Pier, Clubhouse, Playground, Security, Picnic Area, Basketball Court, Handball
Subdivision Name:
WOODLAKES ISLES
Association Fee Includes:
Maintenance Grounds, Trash, Maintenance Structure, Common Areas, Insurance, Pool Service, Recreation Facility
Senior Community:
No
Restrictions:
Other Restrictions, Parking - No Rv, Parking - No Truck, Parking - No Trailer
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
WOODLAKE ISLES 108-5 B THAT PT OF TR A AS DESC IN OR 10864/277 AKA: UNIT 110,BLDG 547
Real Estate Folio Number (Parcel Number):
484231140275
Public Schools Assigned
Elementary School:
Liberty (broward)
High School:
Coconut Creek
Middle Or Junior School:
Margate
Listing History
Active on the market since:
February 6, 2026
Listing Agreement executed on:
February 5, 2026
Price change occurred on:
May 8, 2026 7:31 pm
Listing Status Last Changed On:
February 6, 2026 1:46 am
Photos updated on:
February 6, 2026 1:47 am
Last Modified:
May 31, 2026 10:06 am
Additional Information
Courtesy of:
Drouillard Realty Corp
Attribution:
Not provided
Location
Street Name:
Banks
Street Number:
751
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 14' 29.5''
Longitude:
W81° 48' 14.2''
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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Association of REALTORS®
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