561 Banks Road 561, Margate, FL 33063

$177,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,106 Status: Closed
Current Price: $177,000 List Date: 2/20/2007 Last Modified: 8/14/2026

Overview

Description

REDUCED!!LOWEST PRICE IN WOODLAKE ISLES! Excellent location! Corner unit on beautiful Lake! Breathtaking Sunsets! Newer Appliances, A/C Compressor and Air Handler! Accordion Hurricane Shutters! New Roof! Some Furniture Included! Low Maintenance Fees! SELL ER WILLING TO PAY $5,000 TOWARDS BUYER'S CLOSING COSTS! BRING ALL OFFERS!!

Listing Details MLS# F810236

General Property Information

Unit Floor #
Yes
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1106
Living Area Main
1080
Year Built
1982
Parking Total
561
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
Fireplace YN
Yes
LP/Assessed Value
2.8

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pest Control; Recreation Facility; Roof Repairs; Trash Dining Area: Dining/Living Room Flooring: Carpet; Ceramic Tile Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Gas Range; Oven; Refrigerator; Washer; Water Heater; Water Purifier; Water Softener Boat and Dock Features: Ramp Construction Materials: CBS Cooling: Central Air; Electric Association Type: Homeowner Association Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Vaulted Ceiling(s) Pets Allowed YN: Yes Possession: Negotiable Restrictions: Other Restrictions; Parking - No Motorcycle; Parking - No RV; Parking - No Trailer; Parking - No Truck Security Features: Smoke Detector(s); Other Special Information: Sold As-Is Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: Homestead Exemption Unit Description: Corner/End Unit Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Sliding Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Porch Porch Details: Porch - Screened Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
197000
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
561
Street Name
Banks
Street Suffix
Road
Unit Number
561
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4602
Postal Zip
33063
Subdivision Name
WOODLAKE ISLES
Development Name
WOODLAKE ISLES
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484231140042
Subdivision Number
14
Directions
ATLANTIC BLVD E OF 441 TO BANKS ROAD, NORTH TO ENTRANCE TO WOODLAKE ISLES ON LEFT, GO THRU ENTRANCE, MAKE FIRST LEFT TO UNIT ON RIGHT AT THE END. (YOU MAY PARK IN SPACE # 561)

Financial Information

Association YN
Yes
Association Fee
460
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
899
Tax Year
2006
Tax Assessed/SOH Value
64940
Tax Legal Description
WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT NE COR OF LOT 1BLK 1 LAKEWOOD GARDENS WLY 118.17,NLY 79.19 TO POB,CONT NLY32.33,WLY 73
Assessor Market Value
153320

Status Change Information

Major Change Timestamp
2007-08-17T03:35:18Z
Major Change Type
Status Change
Price Change Timestamp
2007-05-20T03:35:18Z
Status Change Date
2007-08-28
Under Contract Date
2007-07-09
Close Date
2007-08-16
Close Price
177000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee
100

Parking Information

Parking Space Number
561

Boat and Dock Information

Dock
Yes
Dock Details
Community Boat Dock,Community Boat Ramp

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
3

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Price Calculations

Current Price To SqFt
163.89
Original List Price To Close Price
0.89

Section Details

Parcel Number MLX
0042

Originating Details

Originating System Key
3223902
Originating System ID
M00000170

Room Information

Room Name Length Width
Kitchen 12.00 12.00
Living Room 12.00 18.00
Master Bedroom 13.00 12.00
Bedroom 2 12.00 10.00
IDX
Listing Office: Unknown Office
Source MLS Verified
Last Updated: August - 14 - 2026
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