617 Banks Road 617, Margate, FL 33063 (MLS# B26018399)

617 Banks Road 617, Margate, FL 33063

$268,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,106 Status: Closed
Current Price: $268,000 List Date: 4/21/2026 Last Modified: 7/02/2026

Overview

Description

Great opportunity for first time home buyers, or buyers looking to downsize! Spacious 2/2 villa in desirable Woodlake Isles. This is NOT a Condo which makes it eligible for FHA-VA! New roof was replaced by the association! The unit is right next to the tennis courts and adjacent to the lake! Tile floors throughout, fresh paint, bright living/dining area, walk-in closet, and first-floor entry. Private covered patio for outdoor enjoyment. Community offers heated pool, tennis courts, and clubhouse. HOA covers exterior maintenance, roof, landscaping, insurance, and pool. Pet-friendly with approval. Centrally located near shopping, dining, and major roads. Vacant and easy to show.

Supplements: Seller is open to help with some of the closing costs with acceptable offer!

Listing Details MLS# B26018399

General Property Information

Number Of Units In Community
136
Unit Floor #
Yes
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1106
Building Area Source
Public Records
Living Area Main
990
Living Area Source
Public Records
Adjusted Area Main
1046
Accessibility Features YN
No
Year Built
1981
Parking Total
2
Gated Community YN
No
Lot Size Area
1674
Lot Size Acres
0.04
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
No
Pool Private YN
No
Spa YN
No
Equestrian Features YN
No
Furnished
Unfurnished
Year Roof Installed
2025

Property Features

Application Information: 1-2 Weeks Approval; 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance; Recreation Facilities Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Pool Service; Recreation Facility; Roof Repairs Dining Area: Dining/Living Room; Eat-In Kitchen; Family/Dining Combination Exterior Features: Tennis Court(s) Flooring: Tile; Wood Parking Features: Assigned; Guest; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Homeowner Association Fencing: Back Yard; Fenced; Gate Heating: Central; Electric Interior Features: Bedroom Layout - Split; Roman Tub; Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Other Equipment: Satellite Dish Other Structures: Gazebo Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow; Negotiable Restrictions: Dock Restrictions; Other Restrictions; Parking - No Motorcycle; Parking - No Trailer Road Frontage Type: West of US-1 Roof: Shingle Security Features: Other Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Villa Tax Information: Tax Reflects No Exemptions Utilities: Cable Available; Electricity Connected View: Tennis; Water; Other Water Access: None Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Call Listing Agent; Lockbox; Showing Service Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Screened Contingencies: 3rd Party Approval; Appraisal Concessions Detail: Special Assessments; Other Room Types: Other Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
275000
Negotiable Seller Concessions YN
No
Occupant Type
Vacant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
617
Street Name
Banks
Street Suffix
Road
Unit Number
617
City Name
Margate
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33063
Postal Code +4
4600
Postal Zip
33063
Subdivision Name
WOODLAKE ISLES
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Liberty (Broward)
Middle Or Junior School
Margate
High School
Coconut Creek
Special Assessment YN
Yes
Parcel Number
484231140112
Subdivision Number
14
Zoning
R-3
Flood Zone
X
Directions
GPS

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
352
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
Woodlake Isles Inc/Loyalty Management Group
Association Email
AR@loyaltymgmtgroup.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
352
Membership Fee Required YN
No
Tax Annual Amount
5685.81
Tax Year
2025
Tax Legal Description
WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,WLY 118.17,NLY 111.52 WLY 51.95,NLY 38,NELY 52,NWLY 119.50,NELY 5.14,NWLY
Assessor Market Value
284850

Status Change Information

Major Change Timestamp
2026-07-02T19:29:11Z
Major Change Type
Status Change
Price Change Timestamp
2026-05-26T22:27:49Z
Status Change Date
2026-07-02
Under Contract Date
2026-05-29
Close Date
2026-06-30
Close Price
268000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Parking Space Number
2

Boat and Dock Information

Dock
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No

Concessions

Seller Concessions
Yes
Seller Concessions Amount
8000

Price Calculations

Current Price To SqFt
272.72

Originating Details

Originating System Key
20260421174433186178000000
Originating System ID
M00000170

Room Information

Room Name
Other
IDX
Listing Office: Keller Williams Realty Consult
Source MLS Verified
Last Updated: July - 02 - 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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