705 Banks Rd

Margate, FL 33063

$399,900
Price
2
Beds
1,092 Sq. Ft.
$366 / Sq. Ft.
1,092
Sq. Ft.
$366
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Virtual Tour
Virtual Tour
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with stainless steel appliances a refrigerator and a sink
a view of a kitchen counter top space
a view of empty room with wooden floor and fan
a kitchen with a sink a microwave and cabinets
a kitchen with stainless steel appliances granite countertop a refrigerator and sink
a view of a big room with wooden floor and windows
a view of a kitchen with a sink and a window
a view of a room with wooden floor and windows
an empty room with wooden floor and windows
an empty room with wooden floor and windows
wooden floor in an empty room with a window
an empty room with wooden floor cabinet and windows
wooden floor view
a bathroom with a sink and a mirror
a bathroom with a shower
a bathroom with a toilet sink and mirror
a bathroom with a sink and shower
wooden floor in an empty room with a mirror
a view of a hallway with wooden floor
a view of a hallway
wooden floor in an empty room with a window
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of room with wooden floor and window
a bathroom with a sink and a toilet
a bathroom with a shower toilet and sink
a bathroom with a shower and a sink
a view of wooden floor
a view of room with wooden floor
a bathroom with a sink double vanity and a mirror
an empty room with wooden floor and closet
wooden floor in an empty room
a view of small space
a view of a lake with houses in outdoor space
a view of a lake with houses in the background
a view of a garden with lake
a view of a lake from a yard
a view of back yard of the house
a view of a lake with houses
a view of a lake with houses
a view of a house with a plants
a front view of a house with garden
a couple of cars parked in front of a house

Description

Discover this stunning townhouse nestled in a highly sought-after Margate community, offering lake views from the main living areas. The open-concept kitchen is equipped with sleek stainless steel appliances and generous countertop space, seamlessly flowing into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. Included are two designated parking spaces and lush outdoor areas...Discover this stunning townhouse nestled in a highly sought-after Margate community, offering lake views from the main living areas. The open-concept kitchen is equipped with sleek stainless steel appliances and generous countertop space, seamlessly flowing into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. Included are two designated parking spaces and lush outdoor areas for relaxing and enjoying the serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle.
  1. Listed by Kenneth Picinich • Brokerage DRE #254520 • Merit Realty, Inc.
    P: (561)-901-5620 C: (561)-901-5620 k.picinich@me.com

Property Details for 705 Banks Road

Furnished
Unfurnished
View
Lake, Water
Waterfront Details
Lake
Waterfront
Yes
Style
WF/No Ocean Access, Villa Fee Simple
Year Built Numeric
1982
Pets Allowed YN
Yes
Design
Villa
LISTING UPDATED: 03/25/2026 09:56 AM

Property Details for 705 Banks Road

StatusActive
MLS #B26006143
Days on Market12
Taxes$3,931 / year
HOA Fees$1,057 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Villa
Year Built1982
Lot Size0.07 AC / 3,049 SF
CountyBroward County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Merit Realty, Inc.
Add your commute

Virtual Tour

Building Information for 705 Banks Road

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

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,694 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,014

Property Taxes

$328

HOA Dues

$352

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 705 Banks Road

Summary
Location and General Information
  • Area: 3632
  • Boat Access: Ramp
  • Boat Services: Ramp
  • Boat Services: Dock Available: No
  • City and Location Text: Margate
  • County Land Code: Broward County
  • County Or Parish: Broward County
  • Front Exp: South
  • Front Exposure: South
  • Geo Lat: 26.242461
  • MLS Area: 3632
  • MLS Sub Area: NW41 - North Broward 441 To Everglades (3611-3642), NW41, North Broward 441 To Everglades (3611-3642)
  • Postal Code: 33063
  • Roads: Asphalt
  • State: FL
  • Street #: 705
  • Subdivision Complex Bldg: Woodlake Isles, WOODLAKE ISLES
  • Complex Name: Woodlake Isles, WOODLAKE ISLES
  • Subdivision Number Numeric: 14.0
  • Water View: Lake
  • Waterfrontage: 37
  • Zoning: R-3
Taxes and HOA Information
  • Association Deposit: No
  • Association Fee: $1,057
  • HOA Amenities: Mandatory
  • HOPA: No HOPA
  • Legal Desc: 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
  • Membership Fee Required: No
  • Parcel ID: 484231140223
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2025
  • Total Assessed Value: $210,870.00
  • Type of Association: Homeowner Association
Parking
  • Covered Spaces: 0
  • Num Parking Spaces: 2
  • Parking: 2 Or More Spaces, 2+ Spaces, Asphalt, Assigned, Open
  • Parking Space Number: 705
School Information
  • Elementary School: Liberty (Broward)
  • High School: Coconut Creek
  • Middle School: Margate
  • Senior High School: Coconut Creek
Virtual Tour
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot, Less Than 1 Acre Lot
  • Acres: 0.07
  • Approx Sqft Total Area: 1242
  • Approximate Lot Size: 37.34' X 82.00'
  • Lot Dimensions: 37.34' X 82.00'
  • Property Condition: Updated/Remodeled, Resale
  • Sq Ft: 1242
  • Sq Ft Liv Area: 1092.0
  • Sq Ft Total: 1,242
  • Total Floors in Bldg: 1.00
  • Type of Building: Villa
  • Property Type: Residential, Villa
Property and Assessments
  • Construction Type: Villa, Slab, Composition, Shingle, Updated/Remodeled, Resale, CBS, Stucco
  • Development: Woodlake Isles
  • Development Name: Woodlake Isles
  • Document Count: 3
  • 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
  • Management Co: Yes
  • Management Company: Company Name: Loyalty Management Group
  • Management Company: Email: Info@loyaltymgmtgroup.com
  • Management Company: Phone: 954-363-1824
  • Special Assessment: Yes
  • Type of Governing Bodies: Homeowner Association
  • Type: Villa
  • Year Built Description: 1982
Utilities
  • Cable Available: Yes
  • Electric Service: 150 Amp Service
  • On Site Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry Features: Electric Dryer Hookup, In Unit, Inside, Laundry Closet, Washer Hookup
Interior and Exterior Features
Exterior Features
  • Age of Roof: 2026
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Stucco
  • Exterior Features: None
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Composition, Shingle
  • Roof Description: Composition, Shingle
  • Storm Protection Accordion Shutt: Complete
  • Storm Protection: Electric/Power Shutters: Complete
  • Structure Type: Villa
  • Subdiv Amenities: Maintained Community, Parking, Other
  • Surface Description: Asphalt
  • Patio And Porch Features: Porch - Screened, Patio - Covered, Porch, Patio
  • Fencing: Vinyl
  • Storm Protection Details: Storm Shutters
Interior Features
  • Baths Total: 2
  • Beds Total: 2
  • Column Description: CBS, Stucco
  • Cooling: Central Air
  • Flooring: Tile, Vinyl, Wood
  • Heating: Central
  • Heating Description: Central
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Master Bath Features: Master Bdrm - Ground
  • Num Floors: 1
  • Num Interior Levels: One
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num Stories: 1
  • PatioFeatures: Patio, Porch
  • Room Count: 1
  • Rooms: Laundry
  • Spa: No
  • Stories: 1.0
  • Interior Features: High Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Electric Water Heater, Range, Dishwasher, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Water Heater
Room Information
Room 1
  • Room Type: Laundry
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Total Num of Units In Building: 4
  • Total Units: 4
  • Ttl Units in Complex: 140
  • Unit Desc: Corner/End Unit
  • Unit Design: Corner/End Unit
  • Unit Floor #: 1
Income & Expenses
  • Maintenance Includes: Recreation Facility, Pool Service, Common Areas, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Funds, Roof Repairs, Trash
  • Exp Incl Extermination: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Pool Service: Yes
Rental
Rental Information
  • Application Fee: $150.00
  • Approval Information: 3-4 Weeks Approval
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 150.0
  • Lease Times per Year: 1
  • Min Days for Lease: 365.00
  • Minimum Lease Period: 365
  • Minimum Num of Days for Lease: 365
  • Num Leases Year: 1
  • Occupancy Information: Owner
  • Other Fees: $150
  • Pets Allowed: Pet Restrictions Possible, Yes
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Before Closing
  • Rental Price/SqFt: $366.21

Property History for 705 Banks Road

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Listed (Active)

Beaches MLS #B26006143

$399,900—
Oct 26, 2020

Sold

Beaches MLS #F10250286

$218,000—
Oct 23, 2020

Sold (Public Record)

Public Record #681365646

$218,000

+8.0% / yr

Sep 27, 2020

Pending

Beaches MLS #F10250286

—
Sep 23, 2020

Listed (Active)

Beaches MLS #F10250286

$215,000—
Apr 7, 2015

Sold (Public Record)

Public Record #496273639

$142,000

+0.8% / yr

Aug 13, 2003

Sold (Public Record)

Public Record #118234066

$130,000—
DateEvent & SourcePrice
03/25/2026

Listed (Active)

Beaches MLS #B26006143

$399,900
10/26/2020

Sold

Beaches MLS #F10250286

$218,000
10/23/2020

Sold (Public Record)

Public Record #681365646

$218,000

+8.0% / yr

09/27/2020

Pending

Beaches MLS #F10250286

—
09/23/2020

Listed (Active)

Beaches MLS #F10250286

$215,000
04/07/2015

Sold (Public Record)

Public Record #496273639

$142,000

+0.8% / yr

08/13/2003

Sold (Public Record)

Public Record #118234066

$130,000

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

Public Records for 705 Banks Road

Taxable ValueLand-Additions-Total-
Tax Record2024$3,829 ($319 / month)
Home Facts
Beds2Total Finished SqFt1,092 SqFtAbove Grade Finished SqFt1,092 SqFtStories1Lot Size3,048 SqFtStyleTownhouseYear Built1982Year Renovated1983ZoningR-3CountyBROWARDAPN48-42-31-14-0223

Schools near 705 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 705 Banks Road, Margate, FL 33063

705 Banks Road is a single family home for sale in Margate, FL 33063. This property was listed for sale on March 25, 2026 by Merit Realty, Inc., it's currently listed at $399,900. It has been on the market for a total of 12 days and was last sold on October 26, 2020. This listing's school district is Broward. Nearby schools include Liberty Elementary School, Margate Middle School and Coconut Creek High School. 705 Banks Road is a 2-bed, 2-bath, 1,092 sqft single family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Merit Realty, Inc.

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.