557 Banks Road, Margate, FL 33063
$299,500
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,172
Status:
Closed
Current Price:
$299,500
List Date:
5/11/2023
Last Modified:
8/23/2026
Overview
Description
Listing Details MLS# R10887875
General Property Information
- Number Of Units In Community
- 136
- Total Units In Building
- 3
- Unit Floor #
- Yes
- Property Sub Type
- Villa
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Building Area Main
- 1172
- Building Area Source
- Public Records
- Living Area Main
- 1156
- Year Built
- 1981
- Gated Community YN
- No
- Lot Size Area
- 3927
- Lot Size Acres
- 0.09
- Senior Community YN
- No
- Waterfront YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- Yes
- Stories
- Yes
- Direction Faces
- East
- Pool Private YN
- No
- Furnished
- Unfurnished
Property Features
Association Fee Includes:
Cable TV; Common Areas; Common Real Estate Tax; Insurance; Maintenance Grounds; Trash
Dining Area:
Dining/Living Room
Electric:
Three Phase
Parking Features:
Assigned; Guest
Property Condition:
Resale
Appliances:
Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Washer
Construction Materials:
CBS
Cooling:
Ceiling Fan(s); Central Air
Association Type:
Homeowner Association
Heating:
Heat Strip
Interior Features:
Cathedral Ceiling(s); Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features:
Inside
Levels:
Multi/Split
Listing Terms:
Cash; Conventional; VA Loan
Membership:
No Membership Available
Pets Allowed YN:
Yes
Pets Allowed:
No Restrictions
Possession:
Close Of Escrow; Negotiable
Restrictions:
Buyer Approval Required
Other Leasing Restrictions:
Leasing Prohibited 1st Year
Road Frontage Type:
West of US-1
Roof:
Composition; Shingle
Security Features:
None
Special Information:
Sold As-Is
Storm Protection Details:
Storm Shutters
Structure Type:
Villa
Tax Information:
City/County; No Homestead
Unit Description:
Corner/End Unit
Utilities:
Cable Available; Water Available
Water Source:
Public
Water View:
Lake
Waterfront Features:
Lake Front
Showing Requirements:
Appointment Only; Occupied; Schedule Online
Outdoor Living Spaces:
Patio; Porch
Porch Details:
Porch - Open
Contingencies:
Appraisal; Backup Contract/Call LA; Financing
Contributions Detail:
Closing Costs
Room Types:
Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description:
Less Than 1/4 Acre Lot
Contract Information
- Comp Sale YN
- No
- Original List Price
- 299500
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 557
- Street Name
- Banks
- Street Suffix
- Road
- City Name
- Margate
- State Or Province
- FL
- Postal Code
- 33063
- Postal Zip
- 33063
- Subdivision Name
- WOODLAKE ISLES
- Area
- 3523
- Geographic Area
- NE41 - North Broward Turnpike To 441 (3511-3524)
- Elementary School
- Liberty (Broward)
- Middle Or Junior School
- Margate
- High School
- Coconut Creek
- Special Assessment YN
- No
- Parcel Number
- 484231140040
- Zoning
- R-3
- Directions
- ATLANTIC AVE TO BANKS ROAD JUST WEST OF TURNPIKE NORTH TO WOODLAKE ISLES ON LEFT SIDE TO PROPERTY.
- Multiple Offers Accepted
- Yes
Financial Information
- Association YN
- Yes
- Association Deposit YN
- No
- Association Fee
- 228
- Association Fee Frequency
- Monthly
- Association Membership
- Mandatory
- Application Required YN
- Yes
- Association Phone
- 866-423-2473
- Membership Fee Required YN
- No
- Tax Annual Amount
- 5034.1
- Tax Year
- 2022
- Tax Legal Description
- WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,WLY 118.17 TO POB, NLY 52.19,WLY 74 M/L TO ELY SHORELI
Status Change Information
- Major Change Timestamp
- 2023-06-24T13:48:42Z
- Major Change Type
- Status Change
- Status Change Date
- 2023-06-24
- Under Contract Date
- 2023-05-25
- Close Date
- 2023-06-23
- Close Price
- 299500
- Buyer Financing
- Conventional
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 100
Parking Information
- Open Parking Spaces
- Yes
Short Sale Details
- Short Sale Addendum
- No
Capital Contributions
- Capital Contributions YN
- No
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 2
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
Storm Protection
- Electric/Power Shutters
- Partial
- Impact Glass
- Partial
- Roll-Down Shutters
- Complete
Buyer Details
- Country of Origin
- United States
- Intended Use
- Primary Residence
- Zip Code
- 33063
Concessions
- Seller Concessions
- No
Contributions
- Buyer Contributions
- Yes
Room Types
- Kitchen Level
- Main
- Living Room Level
- Main
- Master Bedroom Level
- Main
Price Calculations
- Current Price To SqFt
- 259.08
- Original List Price To Close Price
- Yes
Originating Details
- Originating System Key
- 20230508022547299013000000
- Originating System ID
- M00000170
Room Information
| Room Name | Length | Width | Level |
|---|---|---|---|
| Living Room | 25.00 | 16.00 | Main |
| Kitchen | 15.00 | 10.00 | Main |
| Master Bedroom | 15.00 | 13.00 | Main |
| Laundry |
Documents
Listing Office:
Real Estate Community Advisor LLC

Last Updated: August - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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