1035 Banks Road 204, Margate, FL 33063

$185,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,175 Status: Closed
Current Price: $185,000 List Date: 4/12/2022 Last Modified: 8/31/2026

Overview

Description

HANDYMAN SPECIAL!!! This unit needs a full remodel but has desirable qualities. The vaulted ceilings make the unit feel very large and the peaceful water views are hard to find at this price. The unit is currently tenant occupied significantly under market value with a lease expiring June 1st. The tenant may be willing to stay in it's current condition with a price increase beginning June 1st if desired. CASH ONLY. MINIMUM 680 CREDIT SCORE.

Listing Details MLS# A11187575

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1175
Living Area Main
1175
Adjusted Area Main
1175
Year Built
1983
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Roof Repairs; Sewer; Trash; Water Flooring: Concrete Leasing Permitted Details: Okay To Lease During First Year Parking Features: Guest Property Condition: Resale Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Vaulted Ceiling(s) Listing Terms: Cash Other Equipment: None Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Subject To Tenant Rights Security Features: None Special Information: Handyman Special; Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit View: Water Water Access: None Waterfront Features: Lake Front Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
185000
Occupant Type
Tenant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1035
Street Name
Banks
Street Suffix
Road
Unit Number
204
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
6703
Postal Zip
33063
Subdivision Name
WOODLAKE ISLES NORTH CONDO
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484231AG0120

Financial Information

Association YN
Yes
Association Fee
375
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
375
Membership Fee Required YN
No
Tax Annual Amount
2396
Tax Year
2021
Tax Legal Description
WOODLAKE ISLES NORTH CONDO UNIT 204 BLDG 2 PER CDO BK/PG: 11221/539

Status Change Information

Major Change Timestamp
2022-05-06T03:26:35Z
Major Change Type
Status Change
Price Change Timestamp
2022-04-11T06:31:29Z
Status Change Date
2022-05-09
Under Contract Date
2022-04-12
Close Date
2022-05-05
Close Price
185000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Buyer Details

Country of Origin
United States
Intended Use
Investment
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
157.45

Section Details

Parcel Number MLX
0120

Originating Details

Originating System Key
368474587
Originating System ID
M00000151
IDX
Listing Office: LoKation
Source MLS Verified
Last Updated: August - 31 - 2026
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