2BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.
For sale
Price cut: $6K (4/15)
$319,000
723 Banks Rd, Margate, FL 33063
2beds
1,038sqft
Est.:
Single Family Residence
Built in 1983
-- sqft lot
$313,300 Zestimate®
$307/sqft
$352/mo HOA
What's special
Peaceful lake viewPrivate entryNew roofDesirable split-bedroom layoutLight-filled homeExtra green space
- 16 days |
- 491 |
- 20 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jack Rainwater 754-214-8511,
Majestic Realty, LLC
Source: MIAMI,MLS#: A11992007
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Features
- Walk-In Closet(s)
- Flooring: Other
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 1,234
- Total interior livable area: 1,038 sqft
Video & virtual tour
Property
Parking
- Parking features: 2 Or More Spaces, Guest
Features
- Entry location: First Floor Entry
- Patio & porch: Patio, Screened Porch
- Exterior features: Courtyard
- Pool features: Association
- Has view: Yes
- View description: Garden, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Privileges
Details
- Parcel number: 484231140250
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1983
Community & HOA
Community
- Security: Other
- Application fee: $150
- Pet fee: $0
- Subdivision: Woodlake Isles
HOA
- Has HOA: Yes
- Amenities included: Clubhouse-Clubroom, Fishing Pier, Other, Pool
- HOA fee: $1,057 quarterly
Location
- Region: Margate
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $300,130
- Annual tax amount: $1,618
- Date on market: 3/30/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
$313,300
$298,000 - $329,000
$2,414/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $319,000-1.8%$307/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $325,000+400%$313/sqft |
Source: | ||
| 11/1/1992 | Sold | $65,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,571 +3% | $101,030 +3% |
| 2023 | $1,525 +6% | $98,090 +3% |
| 2022 | $1,438 +3.4% | $95,240 +3% |
| 2021 | $1,391 +2.1% | $92,470 +1.4% |
| 2020 | $1,363 +2.5% | $91,200 +2.3% |
| 2019 | $1,330 | $89,150 +1.9% |
| 2018 | $1,330 +6.5% | $87,490 +2.1% |
| 2017 | $1,249 +1.9% | $85,700 +2.1% |
| 2016 | $1,226 +7.6% | $83,940 +0.7% |
| 2015 | $1,139 -2% | $83,360 +0.8% |
| 2014 | $1,162 | $82,700 -15.9% |
| 2013 | $1,162 +29.7% | $98,330 +15.6% |
| 2012 | $896 +5.8% | $85,090 -15.4% |
| 2011 | $846 -17% | $100,610 +31.3% |
| 2010 | $1,020 +6.6% | $76,650 +2.7% |
| 2009 | $957 +3.2% | $74,640 +0.1% |
| 2008 | $927 -22.4% | $74,570 +3% |
| 2007 | $1,193 +0.8% | $72,400 +2.5% |
| 2006 | $1,184 | $70,640 +3% |
| 2005 | -- | $68,590 +3% |
| 2004 | $1,163 +1.5% | $66,600 +1.9% |
| 2003 | $1,146 +3.3% | $65,360 +2.4% |
| 2002 | $1,110 +5.2% | $63,830 +1.6% |
| 2001 | $1,055 +6.3% | $62,830 |
| 2000 | $993 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$2,423/mo
Principal & interest
$1545
Property taxes
$526
HOA Fees
$352
More affordability tools
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
- Middle: Margate Middle
- High: Coconut Crk High
Source: MIAMI. 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
- 723 Banks Rd






