705 Banks Road, Margate, FL 33063

$379,900

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https://my.matterport.com/show/?m=TjWuqV7zvGC

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,242 Status: Active

Current Price: $379,900 List Date: 3/25/2026 Last Modified: 5/26/2026

Overview

Description

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!

Listing Details MLS# B26006143

General Property Information

Number Of Units In Community: 140
Total Units In Building: 4
Unit Floor #: Yes
Property Sub Type: Villa
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1242
Building Area Source: Public Records
Living Area Main: 1092
Living Area Source: Public Records
Adjusted Area Main: 1149
Accessibility Features YN: No
Year Built: 1982
Parking Total: 2
Gated Community YN: No
Lot Size Area: 3048
Lot Size Acres: 0.07
Lot Size Dimensions: 37.34' X 82.00'
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Guest House YN: No
Waterfront YN: Yes
Water Frontage Feet: 37.34
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: South
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Equestrian Features YN: No
Furnished: Unfurnished
Year Roof Installed: 2026
LP/Assessed Value: 1.8

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Legal/Accounting; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Trash Electric: 150 Amp Service Exterior Features: None Flooring: Tile; Vinyl; Wood Foundation Details: Slab Parking Features: Asphalt; Assigned; Open Property Condition: Resale; Updated/Remodeled Special Listing Conditions: Standard Appliances: Dishwasher; Electric Range; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Refrigerator; Ice Maker; Microwave; Oven; Refrigerator; Vented Exhaust Fan; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Ranch Boat and Dock Features: Ramp Construction Materials: CBS; Stucco Cooling: Central Air Association Type: Homeowner Association Fencing: Vinyl Heating: Central Interior Features: High Ceilings; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Inside; Laundry Closet; Washer Hookup Levels: One Listing Terms: Cash; Conventional; FHA Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Before Closing Restrictions: Buyer Approval Required; Lease Restrictions; Other Restrictions; Parking - No Trailer Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Road Surface Type: Asphalt Roof: Composition; Shingle Sewer: Public Sewer Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected View: Water Water Source: Public Water View: Lake Waterfront Features: Lake Front Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered Porch Details: Porch - Screened Room Types: Laundry Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 399900
Negotiable Seller Concessions YN: No
Occupant Type: Owner
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 705
Street Name: Banks
Street Suffix: Road
City Name: Margate
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4653
Postal Zip: 33063
Subdivision Name: WOODLAKE ISLES
Development Name: Woodlake Isles
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: Yes
Parcel Number: 484231140223
Subdivision Number: 14
Zoning: R-3
Flood Zone: AE,X
Directions: Atlantic Boulevard. West of Lyons Road to Banks Road. North to Woodlake Isles on the left.
Multiple Offers Accepted: No

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 1057
Association Fee Frequency: Quarterly
Association Membership: Mandatory
Association Reserves YN: Yes
Application Required YN: Yes
Association Name: Woodlake Isles Inc.
Association Phone: 954-363-1824
Association Email: Info@loyaltymgmtgroup.com
Association Website: https://woodlakeisles.mycommunitysite.co
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 353
Membership Fee Required YN: No
Tax Annual Amount: 3931.49
Tax Year: 2025
Tax Assessed/SOH Value: 210870
Tax 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
Assessor Market Value: 324270

Status Change Information

Major Change Timestamp: 2026-05-26T14:36:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-26T14:36:39Z
Status Change Date: 2026-03-25

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry,Vaulted Ceilings,Walk-In Closets

Parking Information

Open Parking Spaces: 2
Parking Space Number: 705

Boat and Dock Information

Dock: No

Co-Ownership

Property Management YN: Yes
Property Management Name: Loyalty Management Group
Property Management Phone: 954-363-1824
Property Management Email: Info@loyaltymgmtgroup.com

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

Storm Protection

Accordian Shutters: Complete

Price Calculations

Current Price To SqFt: 366.2

Originating Details

Originating System Key: 20260316141024878684000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes

Amenities

Maintained Community: Yes
Parking: Yes
Other: Yes

Association Fee Includes

Common Areas: Yes
Legal/Accounting: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Pool Service: Yes
Recreation Facility: Yes
Reserve Funds: Yes
Roof Repairs: Yes
Trash: Yes

Electric

150 Amp Service: Yes

Exterior Features

None: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Foundation Details

Slab: Yes

Parking Features

Asphalt: Yes
Assigned: Yes
Open: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Special Listing Conditions

Standard: Yes

Fencing

Vinyl: Yes

Structure Type

Villa: Yes

Possession

Before Closing: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
ENERGY STAR Qualified Dishwasher: Yes
ENERGY STAR Qualified Refrigerator: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Vented Exhaust Fan: Yes
Water Heater: Yes
Range: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

High Ceilings: Yes
Storage: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Inside: Yes
Laundry Closet: Yes
Washer Hookup: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Road Surface Type

Asphalt: Yes

Roof

Composition: Yes
Shingle: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Ranch: Yes

Boat and Dock Features

Ramp: Yes

Cooling

Central Air: Yes

Association Type

Homeowner Association: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes
Other Restrictions: Yes
Parking - No Trailer: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Patio Details

Patio - Covered: Yes

Porch Details

Porch - Screened: Yes

Room Types

Laundry: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Laundry

Documents

Property Survey ›

Listing Office: Merit Realty, Inc.

Last Updated: May - 26 - 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.

705 Banks Road, Margate, FL 33063 (MLS# B26006143)