705 Banks Road, Margate, FL 33063

$218,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,092 Status: Closed
Current Price: $218,000 List Date: 9/23/2020 Last Modified: 8/23/2026

Overview

Description

Beautiful corner unit with 2/2 right on the lake. Stainless steel appliances. Split bedrooms. Nice back patio with lake views. Front courtyard. Accordion shutters, new a/c. Community has boat ramp, two pools and clubhouse. Call listing agent for appointments.

Listing Details MLS# F10250286

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1092
Year Built
1982
Gated Community YN
No
Lot Size Area
3048
Senior Community YN
No
Guest House YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
Pool Private YN
No
LP/Assessed Value
1.39

Property Features

Accessibility Features: Accessible Elevator Installed Application Information: Association Approval Required Flooring: Carpet; Tile Parking Features: Driveway Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Boat and Dock Features: Ramp Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Washer Hookup; Dryer Hookup Levels: One Listing Terms: Cash; Conventional; FHA Possession: Before Closing Restrictions: Parking - No Trailer Roof: Composition; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: None Room Types: Laundry Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
215000
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
705
Street Name
Banks
Street Suffix
Road
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4653
Postal Zip
33063
Subdivision Name
Woodlake Isles 108-5 B
Area
3523
Geographic Area
NE41 - North Broward Turnpike To 441 (3511-3524)
Parcel Number
484231140223
Zoning
R-3

Financial Information

Association YN
Yes
Association Fee
508
Association Fee Frequency
Quarterly
Membership Fee Required YN
No
Tax Annual Amount
1608
Tax Year
2019
Tax Assessed/SOH Value
154810
Tax Legal Description
WOODLAKE ISLES 108-5 B PT TR A DESC AS COMM SE COR TR A W 118.17,N 111.52,W 51.95,N 38, NE 52,NW 119.50,NE 5.14,NWLY FOR 101.67,SW 83.28,NW
Assessor Market Value
154810

Status Change Information

Major Change Timestamp
2020-10-27T01:02:19Z
Major Change Type
Status Change
Status Change Date
2020-10-27
Under Contract Date
2020-09-27
Close Date
2020-10-26
Close Price
218000
Buyer Financing
FHA

More Information

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Vaulted Ceilings,Walk-In Closets

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock Details
Community Boat Ramp

Co-Ownership

Property Management YN
No

Concessions

Seller Concessions
Yes
Seller Concessions Amount
2000

Price Calculations

Current Price To SqFt
199.63
Original List Price To Close Price
1.01

Section Details

Parcel Number MLX
0223

Originating Details

Originating System Key
535445536
Originating System ID
M00000170

Room Information

Room Name
Laundry
IDX
Listing Office: Coral Shores Realty
Source MLS Verified
Last Updated: August - 23 - 2026
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