671 Banks Road 671, Margate, FL 33063

$230,000

Virtual Tour

https://www.propertypanorama.com/671-Banks-Rd-Unit-671-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,092 Status: Closed

Current Price: $230,000 List Date: 8/30/2024 Last Modified: 8/14/2026

Overview

Description

Fantastic Opportunity to Buy With EQUITY. Woodlake Isles is a Pet Friendly Community that Offers a Remodeled Clubhouse, Boat Dock, 2 Heated Pools, Tennis Courts and Gazebo with a Lake View. The Low Maintenance Fee Covers Exterior Painting and Roof Repairs, HO3 Insurance, so Only HO6 Policy is Needed. This One Story Corner Villa has Complete Accordion Shutters, Porcelain Tile on All Floors, Beautiful Wide Water View from Screened Patio and Two Dedicated Parking Spaces. It is NOT A CONDO, This is a Fee Simple Villa. A/C Needs to be Replaced, Mildew Present in Kitchen Needs Remediation, Kitchen Needs Rehab. Golden Opportunity to Own a Corner Unit with Tremendous Possibilities in a Very Well Maintained Community. Post Occupancy Needed. OK to Lease Immediately.

Listing Details MLS# F10458825

General Property Information

Unit Floor #: Yes
Property Sub Type: Villa
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Living Area Main: 1092
Year Built: 1982
Gated Community YN: No
Senior Community YN: No
Land Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: Northwest
Furnished: Unfurnished
LP/Assessed Value: 0.88

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Lighting Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s) Association Type: Homeowner Association Fencing: Fenced Heating: Electric Interior Features: Bedroom Layout - Split; Entrance Foyer; Vaulted Ceiling(s); Walk-In Closet(s) Listing Terms: Cash Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Possession: Negotiable Restrictions: Limited # Vehicles; Other Restrictions Security Features: Security Fence Special Information: Handyman Special; Sold As-Is Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: Homestead Exemption Unit Description: Corner/End Unit; Patio/Cluster Utilities: Cable Available View: Garden; Water Water Access: Other Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Screened Contingencies: Other Room Types: Other

Contract Information

Comp Sale YN: No
Original List Price: 250000
Negotiable Seller Concessions YN: Yes
Occupant Type: Owner

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 671
Street Name: Banks
Street Suffix: Road
Unit Number: 671
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4652
Postal Zip: 33063
Subdivision Name: Woodlake Isles
Development Name: Woodlake Isles
Area: 3523
Geographic Area: NE41 - North Broward Turnpike To 441 (3511-3524)
Parcel Number: 484231140180
Directions: Banks Rd, South of Coconut Creek Pkwy, to Woodlake Isles Entrance on West Side. Go to End of the Street and Make your 4th Right. Corner Unit on Left Side

Financial Information

Association YN: Yes
Association Fee: 283
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 1377
Tax Year: 2023
Tax Assessed/SOH Value: 283110
Tax Legal Description: WOODLAKE ISLES 108-5 B COMM SE COR TR A,WLY 118.17,NLY 111.52,WLY 51.95,NLY 38,NE 52, NW 119.50,SE 5.14,NW 101.67,SW 52,SW 31.28,WLY 15,NLY
Assessor Market Value: 283110

Status Change Information

Major Change Timestamp: 2024-11-13T03:47:12Z
Major Change Type: Status Change
Status Change Date: 2024-11-12
Under Contract Date: 2024-09-09
Close Date: 2024-11-12
Close Price: 230000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry,Foyer Entry,Split Bedroom,Vaulted Ceilings,Walk-In Closets

Leasing Permitted Details

Leasing Permitted YN: Yes

Short Sale Details

Short Sale Addendum: No

Capital Contributions

Capital Contributions YN: Yes
Capital Contributions Amount: 567

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Pet Details

Maximum Number Of Pets: 2
Total Weight Limit (Pets): 30

Qualifying Requirements

Minimum Credit Score YN: Yes
Minimum Credit Score: 600

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Storm Protection

Accordian Shutters: Partial

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 210.62
Original List Price To Close Price: 0.92

Section Details

Parcel Number MLX: 0180

Originating Details

Originating System Key: 586883891
Originating System ID: M00000170

Room Information

Room Name
Other

Listing Office: RE/MAX Direct

Last Updated: August - 14 - 2026

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671 Banks Road 671, Margate, FL 33063 (MLS# F10458825)