705 Banks Road 705, Margate, FL 33063

$142,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,157 Status: Closed
Current Price: $142,000 List Date: 12/10/2014 Last Modified: 7/31/2026

Overview

Description

Not Short Sale, Not REO. This is a great corner 2/2 villa on lake with outstanding views. Gorgeous updated kitchen with stainless steel appliances and wood cabinets. Split bedrooms. Large back patio and front courtyard. Community has Boat Ramp, tennis, 2-pools, clubhouse with pool table and library. Great location and well maintained this home will not last. Seller Motivated!!

Listing Details MLS# F1319641

General Property Information

Unit Floor #
Yes
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1157
Living Area Main
1108
Year Built
1983
Lot Size Area
3048
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Furnished
Unfurnished
LP/Assessed Value
1.8

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Pest Control; Pool Service; Roof Repairs; Trash Flooring: Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Association Type: Homeowner Association Fencing: Fenced Heating: Central; Electric Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Possession: Negotiable Restrictions: Other Restrictions; Parking - No RV; Parking - No Truck Security Features: Security Fence; Smoke Detector(s) Structure Type: Villa Tax Information: Homestead Exemption Unit Description: Corner/End Unit Water Access: Other Water View: Lake Waterfront Features: Lake Front Showing Requirements: Lockbox; Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened

Contract Information

Comp Sale YN
No
Original List Price
150000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
705
Street Name
Banks
Street Suffix
Road
Unit Number
705
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4653
Postal Zip
33063
Subdivision Name
WOODLAKE ISLES
Area
3523
Geographic Area
NE41 - North Broward Turnpike To 441 (3511-3524)
Parcel Number
484231140223
Subdivision Number
14
Directions
ON BANKS ROAD GO SOUTH OF COCONUT CREEK PLACE OR NORTH OF ATLANTIC BLVD.

Financial Information

Association YN
Yes
Association Fee
485
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
1125
Tax Year
2014
Tax Assessed/SOH Value
81090
Tax Legal Description
WOODLAKE ISLES 108-5 B PT TR A DESC AS COMM SE COR TR A W 118.17,
Assessor Market Value
109920

Status Change Information

Major Change Timestamp
2015-04-07T13:40:39Z
Major Change Type
Status Change
Price Change Timestamp
2015-01-21T14:40:39Z
Status Change Date
2015-04-16
Under Contract Date
2015-03-05
Close Date
2015-04-07
Close Price
142000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
4

Pet Details

Other Pet Restrictions
Possible Restrictions

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
128.16
Original List Price To Close Price
0.94

Section Details

Parcel Number MLX
0223

Originating Details

Originating System Key
114610084
Originating System ID
M00000170
IDX
Listing Office: Rent 1 & Sale 1 Realty - CS I
Source MLS Verified
Last Updated: July - 31 - 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.