559 Banks Road 559, Margate, FL 33063

$219,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 986 Status: Closed
Current Price: $219,900 List Date: 7/05/2020 Last Modified: 8/02/2026

Overview

Description

This is a WOW home!! Tremendous wide lake view - watch Margate firework shows from your backyard!! Features include: renovated kitchen with granite counter-tops * remodeled bathrooms * porcelain "wood-like" tile floors * screen enclosed rear patio overlooking the water & front patio with new PVC fence - great for grilling * A/C & water heater replaced Oct 2016 * wired alarm system * hurricane proof accordion shutters * built-out closet systems in both bedrooms * low HOA fee covers insurance, exterior of building, roof, landscaping, 2 community pools & 2 tennis courts * two assigned parking spaces * 2 pets OK under 30 lbs * no leasing first year of ownership. Hurry this home will not last long!! Note: Capital contribution to HOA of 2/3 quarterly maintenance fee.

Listing Details MLS# F10237361

General Property Information

Unit Floor #
Yes
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
986
Year Built
1981
Parking Total
559
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
LP/Assessed Value
1.62

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Reserve Funds; Roof Repairs Dining Area: Dining/Living Room Flooring: Ceramic Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Homeowner Association Heating: Central Interior Features: Closet Cabinetry Listing Terms: Cash; Conventional; FHA Pets Allowed YN: Yes Possession: Negotiable Restrictions: Parking - No Motorcycle Security Features: None Special Information: Sold As-Is Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: Disability Exemption; Homestead Exemption Unit Description: Patio/Cluster Water Access: Other Water View: Lake Waterfront Features: Lake Front Showing Requirements: Showing Service Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Screened Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
219900
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
559
Street Name
Banks
Street Suffix
Road
Unit Number
559
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4602
Postal Zip
33063
Subdivision Name
Woodlake Isles
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484231140041
Directions
Atlantic Blvd east of 441 to Banks Road. Go north on Banks Road - Woodlake Isles will be on your left

Financial Information

Association YN
Yes
Association Fee
503
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
890
Tax Year
2019
Tax Assessed/SOH Value
135330
Tax Legal Description
WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,WLY 118.17,NLY 52.19 TO POB,CONT NLY 27,WLY 73 M/L TO SHORELINE OF LAKE,SL
Assessor Market Value
135330

Status Change Information

Major Change Timestamp
2020-09-05T01:59:03Z
Major Change Type
Status Change
Status Change Date
2020-09-05
Under Contract Date
2020-07-10
Close Date
2020-09-04
Close Price
219900
Buyer Financing
FHA

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Closet Cabinetry

Parking Information

Parking Space Number
559

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
5

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
223.02
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
0041

Originating Details

Originating System Key
532652614
Originating System ID
M00000170
IDX
Listing Office: Park Creek Realty Inc
Source MLS Verified
Last Updated: August - 02 - 2026
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