627 Banks Road 48, Margate, FL 33063

$295,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,242 Status: Closed
Current Price: $295,000 List Date: 6/20/2026 Last Modified: 8/31/2026

Overview

Description

Welcome to this charming lakefront villa in the highly desirable Woodlake Isles in Margate! This well-maintained residence offers two spacious bedrooms, each with an ensuite bathroom, for added comfort and convenience. Enjoy seamless indoor-outdoor living with both front and rear patios, providing the perfect spaces for relaxing, entertaining, or grilling while surrounded by lush landscaping. Tranquil lake views create a warm and inviting atmosphere throughout the home. Ideally located near schools, shopping, dining, entertainment, and beautiful parks. This villa offers the perfect blend of serenity and convenience. Motivated seller - schedule your private showing today and bring all offers!

Supplements: Upgraded bathrooms and hurricane impact patio sliding doors.

Listing Details MLS# B26043450

General Property Information

Unit Floor #
Yes
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1242
Building Area Source
Public Records
Living Area Main
1092
Living Area Source
Public Records
Adjusted Area Main
1149
Accessibility Features YN
No
Year Built
1982
Parking Total
2
Gated Community YN
Yes
Lot Size Area
2160
Lot Size Acres
0.05
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
No
Year Roof Installed
2026
LP/Assessed Value
1.99

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Pool Service; Recreation Facility; Roof Repairs; Trash; Water Dining Area: Dining/Living Room; Snack Bar/Counter Exterior Features: Barbecue; Courtyard; Storage Fireplace Features: Decorative; Electric Flooring: Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Asphalt; Driveway Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Gas Range; Microwave; Oven; Refrigerator; Washer; Water Heater; Wine Refrigerator; Range Water Heater Details: Electric Water Heater Construction Materials: CBS; Stucco Cooling: Central Air Association Type: Homeowner Association Fencing: Partial; Vinyl Heating: Central Interior Features: Bedroom Layout - Split; Storage Laundry Features: In Unit; Laundry Closet Levels: One Listing Terms: Cash; Conventional; Other Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Call Possession: Close Of Escrow Restrictions: Lease Restrictions Roof: Shingle Security Features: Gated - No Guard Sewer: Public Sewer Structure Type: Villa Tax Information: Homestead Exemption Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Water Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Schedule Online Outdoor Living Spaces: Courtyard; Patio Courtyard Details: Courtyard - Open Patio Details: Patio - Covered Contingencies: Appraisal; Financing Concessions Detail: Closing Costs Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
309900
Occupant Type
Call Listing Agent
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
627
Street Name
Banks
Street Suffix
Road
Unit Number
48
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33063
Postal Code +4
4600
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
No
Parcel Number
484231140122
Subdivision Number
14
Zoning
R-3
Flood Zone
X

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
353
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
Woodlake Iles LLC
Association Phone
954 363-1824
Association Email
apps@loyaltymgmtgroup.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
353
Membership Fee Required YN
No
Tax Annual Amount
4915.49
Tax Year
2025
Tax Assessed/SOH Value
150470
Tax Legal Description
WOODLAKE ISLES 108-5 B PT OF TR A DESC AS COMM SE COR TR A,WLY 118.17,NLY 111.52,WLY 51.95,NLY 38,NE 52,NW 119.50,NE 5.14,NW 101.67,SW 52,SW
Assessor Market Value
317170

Status Change Information

Major Change Timestamp
2026-08-31T19:01:33Z
Major Change Type
Status Change
Price Change Timestamp
2026-07-17T13:27:28Z
Status Change Date
2026-08-31
Under Contract Date
2026-07-31
Close Date
2026-08-25
Close Price
295000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
2

Co-Ownership

Property Management YN
Yes
Property Management Name
Loyalty Management Group
Property Management Phone
954 363 1824
Property Management Email
apps@loyaltymgmtgroup.com

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
30

Storm Protection

Impact Glass
Partial

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
Yes
Seller Concessions Amount
5000

Price Calculations

Current Price To SqFt
274.72

Originating Details

Originating System Key
20260618210415681771000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Engage 100 Realty Group
Source MLS Verified
Last Updated: August - 31 - 2026
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