751 Banks Road, Margate, FL 33063

$366,599

Virtual Tour

https://www.propertypanorama.com/751-Banks-Rd-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,038 Status: Active

Current Price: $366,599 List Date: 2/06/2026 Last Modified: 3/31/2026

Overview

Description

FHA-approved waterfront 2bedrooms, 2bathrooms home featuring a sitting boat deck on the lake perfect for relaxing and enjoying tranquil water views. Bring your boat and enjoy lakefront living. Located in a well maintained neighborhood with a low HOA, offering both comfort and affordability. Peaceful surroundings with convenient access to nearby amenities. Great opportunity for first time buyers or investors.

Listing Details MLS# F10550654

General Property Information

Unit Floor #: Yes
Property Sub Type: Townhouse
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Living Area Main: 1038
Year Built: 1983
Gated Community YN: No
Senior Community YN: No
Land Lease YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Security Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Trash Flooring: Ceramic Tile; Tile Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Boat and Dock Features: Private Dock Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central Interior Features: Closet Cabinetry; Walk-In Closet(s) Listing Terms: Cash; Conventional; FHA; FHA-VA Approved Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: Other Restrictions; Parking - No RV; Parking - No Trailer; Parking - No Truck Security Features: Security Patrol Structure Type: Townhouse Tax Information: Homestead Exemption Unit Description: Corner/End Unit View: Water Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: 24 Hour Notice; Showing Service Outdoor Living Spaces: Deck; Porch Porch Details: Porch - Screened

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-02-05
Original List Price: 369999
Occupant Type: Owner

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 751
Street Name: Banks
Street Suffix: Road
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4656
Postal Zip: 33063
Subdivision Name: WOODLAKES ISLES
Area: 3523
Geographic Area: NE41 - North Broward Turnpike To 441 (3511-3524)
Elementary School: Liberty (Broward)
Middle Or Junior School: Margate
High School: Coconut Creek
Parcel Number: 484231140275

Financial Information

Association YN: Yes
Association Fee: 1256
Association Fee Frequency: Quarterly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 5886
Tax Year: 2025
Tax Legal Description: WOODLAKE ISLES 108-5 B THAT PT OF TR A AS DESC IN OR 10864/277 AKA: UNIT 110,BLDG 547

Status Change Information

Major Change Timestamp: 2026-03-31T21:55:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-31T21:55:39Z
Status Change Date: 2026-02-05

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Boat and Dock Information

Dock: Yes

Co-Ownership

Property Management YN: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Price Calculations

Current Price To SqFt: 354.05

Section Details

Parcel Number MLX: 0275

Originating Details

Originating System Key: 609832394
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: FLL

Application Information

3-4 Weeks Approval: Yes

Amenities

Basketball Court: Yes
Clubhouse: Yes
Fishing Pier: Yes
Handball: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes

Association Amenities

Security: Yes

Association Fee Includes

Common Areas: Yes
Insurance: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Pool Service: Yes
Recreation Facility: Yes
Trash: Yes

Flooring

Ceramic Tile: Yes
Tile: Yes

Property Condition

Resale: Yes

Structure Type

Townhouse: Yes

Possession

Close Of Escrow: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Water View

Lake: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

Block: Yes

Interior Features

Closet Cabinetry: Yes
Walk-In Closet(s): Yes

Land Lease Information

Land Lease Amount: 0

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
FHA-VA Approved: Yes

Security Features

Security Patrol: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Boat and Dock Features

Private Dock: Yes

Recreation Lease Information

Recreation Lease Amount: 0

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Showing Service: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Pet Details

Pet Fee: 0

Restrictions

Other Restrictions: Yes
Parking - No RV: Yes
Parking - No Trailer: Yes
Parking - No Truck: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Deck: Yes
Porch: Yes

Porch Details

Porch - Screened: Yes

Listing Office: Drouillard Realty Corp

Last Updated: March - 31 - 2026

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751 Banks Road, Margate, FL 33063 (MLS# F10550654)