587 Banks Rd

Margate, FL 33063

$232,000
Last Sold Price
2
Beds
1,064 Sq. Ft.
$218 / Sq. Ft.
1,064
Sq. Ft.
$218
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/12/21
Closed 3/12/21
Sunsets from backyard!
Dock in community
Front Entrance
Front Entrance
Front Entrance
Front Entrance
Kitchen
Kitchen
Kitchen
Kitchen
Front Garden Patio
Front Garden Patio
Living and Dining Room
Dining Room
Foyer and Dining Room
Dining and Living Room
Dining and Living Room
Living Room
Living Room
Living Room
Dining and Living Room
Dining and Living Room
Living Room
Master Bedroom
Master Bedroom
Master Bedroom
Master Bathroom
Master Walk In Closet
Second Bedroom
Second Bedroom
Guest Bathroom
Guest Bathroom
New Washer and Dryer
Back Patio
Side view of Back Patio
Side View of Back Patio
Back Patio
Back Patio
Personal Dock
Personal Dock
Back View
Back View
Front Entrance

Description

SUNRISES, SUNSHINE, & BEACHES: Florida Living at its BEST! LAKEFRONT CORNER 2/2 villa at Woodlake Isles with spacious bedrooms and your own personal dock! Located in prime location with scenic views from front and backyard. NEW washer/dryer, NEW AC fan, NEW disposal, NEW SS refrigerator & freshly painted. Features open floor plan, split bedrooms, ceramic tiles, lots of natural sunlight, walk in closet, & impeccably maintained. Comes with 2 assigned parking spots and guest spaces throughout the neighborhood....SUNRISES, SUNSHINE, & BEACHES: Florida Living at its BEST! LAKEFRONT CORNER 2/2 villa at Woodlake Isles with spacious bedrooms and your own personal dock! Located in prime location with scenic views from front and backyard. NEW washer/dryer, NEW AC fan, NEW disposal, NEW SS refrigerator & freshly painted. Features open floor plan, split bedrooms, ceramic tiles, lots of natural sunlight, walk in closet, & impeccably maintained. Comes with 2 assigned parking spots and guest spaces throughout the neighborhood. All age, pet friendly community that offers newly remodeled clubhouse, 2 heated swimming pools, & tennis courts. HOA covers lawn service, exterior maintenance, exterior pest control, bldg. insurance & roof maintenance: all for $168 per month! Call for private tour!
  1. Listed by Miracle Brodeur • Brokerage DRE #1035217 • LoKation
    P: (954)-545-5583 mls@lokationre.com

Property Details for 587 Banks Road

Furnished
Negotiable
View
Lake, Garden
Waterfront Details
Lake
Waterfront
Yes
Style
WF/No Ocean Access, Villa Fee Simple
Year Built Numeric
1982
Pets Allowed YN
Yes
Design
Villa
LISTING CLOSED: 03/12/2021 12:00 AM

Property Details for 587 Banks Road

StatusClosed
MLS #R10686481
Days on Market4
Taxes$2,033 / year
HOA Fees$168 / month
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Villa
Year Built1982
Lot Size0.07 AC / 3,049 SF
CountyBroward County
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Location

Listing Courtesy of LoKation

Sold By Coldwell Banker Realty

Add your commute

Building Information for 587 Banks Road

Stories1Year Built1982Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,517 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,179

Property Taxes

$169

HOA Dues

$168

The Payment Calculator is for illustrative purposes only.

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Property Information for 587 Banks Road

Summary
Location and General Information
  • Area: 3523
  • Boat Access: yes, Private Dock
  • Boat Services: Private Dock
  • Boat Services: Dock Available: Yes
  • City and Location Text: Margate
  • County Land Code: Broward County
  • County Or Parish: Broward County
  • Front Exp: North
  • Front Exposure: North
  • Geo Lat: 26.240811
  • MLS Area: 3523
  • MLS Sub Area: NE41 - North Broward Turnpike To 441 (3511-3524), NE41, North Broward Turnpike To 441 (3511-3524)
  • Postal Code: 33063
  • State: FL
  • Street #: 587
  • Subdivision Complex Bldg: Woodlake Isles, WOODLAKE ISLES
  • Complex Name: Woodlake Isles, WOODLAKE ISLES
  • Water View: Lake
  • Zoning: R3
Taxes and HOA Information
  • Assoc Contact Phone: 954-458-5557
  • Assoc Website: www.ManagingFlorida.com
  • Association Deposit: No
  • Association Fee: $168
  • HOA Amenities: Mandatory
  • HOPA: No HOPA
  • Legal Desc: 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 11
  • Membership Fee Required: No
  • Parcel ID: 484231140080
  • Tax Information: No Homestead
  • Tax Year: 2020
  • Type of Association: Homeowner Association
Parking
  • Carport Spaces: 0
  • Covered Spaces: 0
  • Num Carport Spaces: 0
  • Garage Spaces: 0
  • Num Parking Spaces: 2
  • Parking: 2 Or More Spaces, 2+ Spaces, Assigned, Guest
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.07
  • Approx Sqft Total Area: 1080
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 1080
  • Sq Ft Liv Area: 1064.0
  • Sq Ft Total: 1,080
  • Total Floors in Bldg: 1.00
  • Type of Building: Villa
  • Property Type: Residential, Villa
Property and Assessments
  • Construction Type: Villa, Composition, Shingle, Resale, CBS
  • Development: Woodlake Isles
  • Development Name: Woodlake Isles
  • Document Count: 4
  • 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 11
  • Special Assessment: No
  • Type of Governing Bodies: Homeowner Association
  • Type: Villa
  • Year Built Description: 1982
Utilities
  • Electric Service: True
  • On Site Utilities: Water Available
  • Utilities: Water Available
  • Laundry Features: Inside
Interior and Exterior Features
Exterior Features
  • Age of Roof: 2008
  • Balcony Porch/Patio: Yes
  • Construction: CBS
  • Dock: yes
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Composition, Shingle
  • Roof Description: Composition, Shingle
  • Security Information: None
  • Structure Type: Villa
  • Subdiv Amenities: Pool, Clubhouse, Library, Picnic Area, Sauna, Tennis Court(s)
  • Window Features: Single Hung Metal, Sliding
  • Patio And Porch Features: Porch - Screened, Porch, Patio
  • Storm Protection Details: None
Interior Features
  • Baths Total: 2
  • Beds Total: 2
  • Column Description: CBS
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Master Bath Features: Master Bdrm - Ground
  • Num Floors: 1
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num Stories: 1
  • PatioFeatures: Patio, Porch
  • Room Count: 5
  • Rooms: Bedroom 2, Kitchen, Living Room, Master Bedroom, Laundry
  • Stories: 1.0
  • Interior Features: Bedroom Layout - Split, Entrance Foyer, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Washer
Room Information
Room 1
  • Room Type: Bedroom 2
  • Room Length: 13.0
  • Room Width: 10.0
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length: 12.0
  • Room Width: 9.0
Room 3
  • Room Type: Living Room
  • Room Level: Main
  • Room Length: 27.0
  • Room Width: 13.0
Room 4
  • Room Type: Master Bedroom
  • Room Level: Main
  • Room Length: 13.0
  • Room Width: 13.0
Room 5
  • Room Type: Laundry
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Ttl Units in Complex: 136
  • Unit Desc: Corner/End Unit
  • Unit Design: Corner/End Unit
  • Unit Floor #: 1
Income & Expenses
  • Maintenance Includes: Recreation Facility, Common Areas, Common Real Estate Tax, Insurance, Maintenance Grounds, Trash
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Pool Service: No
Rental
Rental Information
  • Application Fee: $100.00
  • Approval Information: Personal Interview Required
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 100.0
  • Lease Times per Year: 1
  • Num Leases Year: 1
  • Other Fees: $100
  • Pets Allowed: Size Limit, Yes
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Negotiable
  • Recreation Lease Remarks: 0
  • Rental Price/SqFt: $211.47
  • Total Weight Limit (Pets): 15

Property History for 587 Banks Road

DateEvent & SourcePriceAppreciation
Mar 12, 2021

Sold

Beaches MLS #R10686481

$232,000—
Mar 10, 2021

Sold (Public Record)

Public Record #692394694

$232,000—
Mar 10, 2021

Sold (Public Record)

Public Record #1453871748

$232,000

+8.8% / yr

DateEvent & SourcePrice
03/12/2021

Sold

Beaches MLS #R10686481

$232,000
03/10/2021

Sold (Public Record)

Public Record #692394694

$232,000
03/10/2021

Sold (Public Record)

Public Record #1453871748

$232,000

+8.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 587 Banks Road

Taxable ValueLand$23,360Additions$280,880Total$304,240
Tax Record2024$4,544 ($379 / month)
Home Facts
Beds2Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size2,920 SqFtStyleTownhouseYear Built1981Year Renovated1982ZoningR-3CountyBROWARDAPN48-42-31-14-0080

Schools near 587 Banks Road

This home is within Broward.
Rating
School
Type
Grades
Distance
Liberty Elementary School
Public - PK to 5
Margate Middle School
Public - 6 to 8
Coconut Creek High School
Public - 9 to 12
Suned High School Of North Broward
Charter - 9 to 12
Rating
School
Distance
Liberty Elementary School
PublicPK to 5

Margate Middle School
Public6 to 8

Coconut Creek High School
Public9 to 12

Suned High School Of North Broward
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
587 Banks Road, Unit 587, Margate, FL 33063
$133,000
2
1,064
2,920
589 Banks Road, Margate, FL 33063
–
2
2
1,064
2,039
5060 Coconut Creek Parkway, Unit 5092, Margate, FL 33063
$4,700,000
–
–
38,345
–
585 Banks Road, Unit 585, Margate, FL 33063
$214,000
2
1,036
–
585 Banks Road, Margate, FL 33063
$272,000
2
1,106
3,049

Explore Nearby Homes

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Listing Courtesy of LoKation

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.