1023 Banks Road 201, Margate, FL 33063 (MLS# B26039509)

1023 Banks Road 201, Margate, FL 33063

$238,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,175 Status: Active
Current Price: $238,000 List Date: 6/10/2026 Last Modified: 9/04/2026

Overview

Description

"Attention Investors!" Highly Desirable Second-Floor Corner Unit - Start Earning Income from Day One!" This spacious condo offers two primary suites, each with a large walk-in closet, providing comfort and privacy. Enjoy an open layout, in-unit washer and dryer, additional storage, and a generous screened balcony perfect for relaxing and taking in the views. Conveniently located near colleges, restaurants, shopping, major highways, casinos, and everyday conveniences. A great opportunity for year-round living

Listing Details MLS# B26039509

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1175
Building Area Source
Appraiser
Living Area Main
1175
Living Area Source
Appraiser
Adjusted Area Main
1175
Accessibility Features YN
No
Year Built
1983
Parking Total
Yes
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
Yes
Direction Faces
East
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.11

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Common Areas; Maintenance Grounds; Maintenance Structure; Roof Repairs; Water Dining Area: Breakfast Area; Dining/Living Room Flooring: Ceramic Tile; Tile; Wood; Other Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Common; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: High Ceilings; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Size Limit Possession: Close Of Escrow Restrictions: Lease Restrictions; Limited # Vehicles; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No RV; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Short Term Rentals Prohibited; Tenant Approval Road Frontage Type: East of US-1 Roof: Concrete Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Pool; Water Water Source: Public Water View: Canal Showing Requirements: Appointment Only; Call Listing Agent; Schedule Online; Text Listing Agent Outdoor Living Spaces: Balcony; Deck Balcony Details: Balcony - Screened Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
245000
Negotiable Seller Concessions YN
No
Occupant Type
Tenant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1023
Street Name
Banks
Street Suffix
Road
Unit Number
201
City Name
Pompano Beach
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33063
Postal Code +4
6703
Postal Zip
33063
Subdivision Name
WOODLAKE ISLES NORTH CONDO
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Liberty (Broward)
Middle Or Junior School
Margate
High School
Coconut Creek
Special Assessment YN
No
Parcel Number
484231ag0090
Zoning
R-3
Flood Zone
X
Directions
Take I 95 Exit 36 / Atlantic Blvd (FL 814) W toward Coral Springs/Margate. Continue W on Atlantic Blvd for roughly 8-9 miles. Turn right onto Banks Rd (just west of US 441/SR 7). Continue N on Banks Rd about 0.3 mile. 1023 Banks Rd will be on the right.
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
500
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Reserves YN
No
Application Required YN
Yes
Association Name
Woodlake Isles North Condominium Association, Inc.
Association Phone
(941) 263-3185
Association Email
robbynelson3@gmail.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
500
Membership Fee Required YN
No
Tax Annual Amount
4920.88
Tax Year
2025
Tax Assessed/SOH Value
213590
Tax Legal Description
WOODLAKE ISLES NORTH CONDO UNIT 201 BLDG 1 PER CDO BK/PG: 11221/539
Assessor Market Value
213590

Status Change Information

Major Change Timestamp
2026-08-19T18:53:25Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-19T18:53:25Z
Status Change Date
2026-06-10

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
2
Entry Location
Second Floor Entry, Walk-In Closets

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Price Calculations

Current Price To SqFt
208.51

Originating Details

Originating System Key
20260610164028969009000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Century 21 Stein Posner
Last Updated: September - 04 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.