Lakefront Living at Its Best - Water Views, Private Deck & Below Market Value!
Wake up to breathtaking lake views every day in this beautifully maintained, pet-friendly home located in an all-ages community where boats are welcome! This lakefront gem offers serene waterfront living with your own private deck, perfect for morning coffee, or evening sunsets.
Inside, the home features cathedral ceilings that enhance the open, airy feel. The updated kitchen is both stylish and functional, ideal for everyday living. Enjoy peace of mind with recent upgrades including a 2023 A/C, tankless water heater, and a modern electric panel.
Whether you're downsizing, investing, or searching for your dream home, this property is a standout. With a low HOA, flexible community rules (all ages and pets welcome!), and a price below market value, this is a rare opportunity to own lakefront property without the premium price tag.
Don't miss out on this perfect blend of lifestyle, location, and valueschedule your private showing today!
Sold for $307,500
$307,500
747 Banks Road, Margate, FL 33063
2beds
1,038sqft
Villa
Built in 1983
2,178 Square Feet Lot
$301,500 Zestimate®
$296/sqft
$2,194 Estimated rent
Home value
$301,500
$271,000 - $338,000
$2,194/mo
Zestimate® history
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$2,194/mo
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$2,117/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: February 16, 2026 at 04:19am
Listed by:
Malcolm Scott Ellis 302-494-2526,
The Keyes Company
Bought with:
Unknown Agent, 3229951
Unknown Office
Laurie Barfield, 3229951
Unknown Office
Source: BeachesMLS,MLS#: R11103042
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: First
- Area: 182
- Dimensions: 14 X 13
Bedroom 2
- Level: First
- Area: 169
- Dimensions: 13 X 13
Kitchen
- Level: First
- Area: 120
- Dimensions: 12 X 10
Living room
- Description: Adjoins Dining room 12'6'W x 9'L
- Level: First
- Area: 338
- Dimensions: 26 X 13
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Cathedral Ceiling(s), Custom Mirrors, Split Bedrooms, Storage, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Laminate
- Windows: Blinds
Interior area
- Total structure area: 1,234
- Total interior livable area: 1,038 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Guest
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Entry Level Living Area Y
- Patio & porch: Deck, Patio, Screened
- Exterior features: Outdoor Living Area, Tennis Court(s)
- Pool features: Association
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 2,178 sqft
- Features: < 1/4 Acre
Details
- Parcel number: 484231140273
- Zoning: R-3
Construction
Type & style
- Home type: Townhouse
- Property subtype: Villa
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: 3 Phase
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Security System Owned
Community
- Community features: Home Owners Association, Boat Facilities
Location
- Region: Margate
- Subdivision: WOODLAKE ISLES
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $385 monthly
- Amenities included: Boating, Clubhouse, Pool, Parking, Tennis Court(s)
- Services included: Common Areas, Maintenance Grounds
- Association phone: 954-363-1824
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $307,500-2.4%$296/sqft |
Source:  BeachesMLS #R11103042 Report a problem | ||
| 7/18/2025 | Contingent | $315,000$303/sqft |
Source:  The Keyes Company/Realtors #R11103042 Report a problem | ||
| 6/27/2025 | Listed for sale | $315,000+568.2%$303/sqft |
Source: BeachesMLS #RX-11103042 Report a problem | ||
| 2/1/1988 | Sold | $47,143$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $654 +1.8% | $82,590 +3% |
| 2023 | $642 0% | $80,190 +3% |
| 2022 | $642 +1.6% | $77,860 +3% |
Find assessor info on the county website
Neighborhood: 33063
Nearby schools
GreatSchools rating
- 8/10Liberty Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Margate Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Coconut Creek High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$301,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$301,500
- Florida
- Broward County
- Margate
- 33063
- 747 Banks Road