Discover this stunning townhouse nestled in a highly sought-after Margate community, with lake views from the main living areas. The open-concept kitchen features sleek stainless-steel appliances and generous countertop space, flowing seamlessly into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. The home includes two designated parking spaces and lush outdoor areas for relaxing and enjoying serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle. Woodlake Isles HOA completed new roofs and new parking lot asphalt in the 1st quarter of 2026!
For sale
Price cut: $10K (5/12)
$389,900
705 Banks Road, Margate, FL 33063
2beds
1,092sqft
Est.:
Villa
Built in 1982
3,048 Square Feet Lot
$381,900 Zestimate®
$357/sqft
$352/mo HOA
What's special
- 62 days |
- 177 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Kenneth Picinich 561-901-5620,
Merit Realty, Inc.
Source: BeachesMLS,MLS#: B26006143
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet, In Unit
Features
- High Ceilings, Main Level Primary, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Tile, Vinyl, Wood
- Has fireplace: No
Interior area
- Total structure area: 1,242
- Total interior livable area: 1,092 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Asphalt, Open
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: First Floor Entry,Vaulted Ceilings,Walk-In Closets
- Patio & porch: Covered, Patio, Porch, Screened
- Exterior features: None, Outdoor Living Area, Porch
- Fencing: Vinyl
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front
- Frontage type: Waterfront
- Frontage length: 37.34,37.34
Lot
- Size: 3,048 Square Feet
- Dimensions: 37.34' x 82.00'
- Features: < 1/4 Acre
Details
- Parcel number: 484231140223
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Villa
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale,Updated/Remodeled
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: 150 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Home Owners Association
- Subdivision: WOODLAKE ISLES
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Other, Parking
- Services included: Common Areas, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash
- HOA fee: $1,057 quarterly
- HOA name: Woodlake Isles Inc.
- HOA phone: 954-363-1824
Location
- Region: Margate
Financial & listing details
- Price per square foot: $357/sqft
- Tax assessed value: $210,870
- Annual tax amount: $3,931
- Date on market: 3/25/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional,FHA
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$381,900
$363,000 - $401,000
$2,399/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $389,900-2.5%$357/sqft |
Source:  BeachesMLS #B26006143 Report a problem | ||
| 3/25/2026 | Listed for sale | $399,900+83.4%$366/sqft |
Source: BeachesMLS #B26006143 Report a problem | ||
| 10/27/2020 | Sold | $218,000+1.4%$200/sqft |
Source: Public Record Report a problem | ||
| 9/22/2020 | Listed for sale | $215,000+51.4%$197/sqft |
Source: Coral Shores Realty #F10250286 Report a problem | ||
| 4/13/2015 | Sold | $142,000+147.6%$130/sqft |
Source: Public Record Report a problem | ||
| 10/1/1988 | Sold | $57,357$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,829 +2.2% | $204,930 +3% |
| 2023 | $3,746 +4.9% | $198,970 +3% |
| 2022 | $3,571 +2.9% | $193,180 +3% |
| 2021 | $3,472 +111.1% | $187,560 +80.2% |
| 2020 | $1,645 +2.3% | $104,100 +2.3% |
| 2019 | $1,608 | $101,760 +1.9% |
| 2018 | $1,608 +6.5% | $99,870 +2.1% |
| 2017 | $1,509 +1.7% | $97,820 +2.1% |
| 2016 | $1,484 +6.2% | $95,810 -19.2% |
| 2015 | $1,398 +24.2% | $118,600 +46.3% |
| 2014 | $1,125 | $81,090 -12.6% |
| 2013 | $1,125 +30.9% | $92,790 +18.1% |
| 2012 | $859 -3.5% | $78,570 -15.9% |
| 2011 | $891 -16.3% | $93,400 +19% |
| 2010 | $1,064 -46.3% | $78,490 -33.8% |
| 2009 | $1,983 +0.4% | $118,490 -2.7% |
| 2008 | $1,976 -8.9% | $121,740 +3% |
| 2007 | $2,168 -3.2% | $118,200 +2.5% |
| 2006 | $2,239 | $115,320 +3% |
| 2005 | -- | $111,970 +3% |
| 2004 | $2,254 +205.8% | $108,710 +70.3% |
| 2003 | $737 +6.3% | $63,850 +2.4% |
| 2002 | $694 +9.4% | $62,360 +1.6% |
| 2001 | $634 -15.9% | $61,380 |
| 2000 | $754 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33063
Nearby schools
GreatSchools rating
- 8/10Liberty Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Margate Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Coconut Creek High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Liberty (Broward)
- Middle: Margate
- High: Coconut Creek
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Broward County
- Margate
- 33063
- 705 Banks Road
Nearby cities
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