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$399,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,092 Sq. Ft.
  • Updated 17 hours ago
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Discover this stunning townhouse nestled in a highly sought-after Margate community, offering lake views from the main living areas. The open-concept kitchen is equipped with sleek stainless steel appliances and generous countertop space, seamlessly flowing into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. Included are two designated parking spaces and lush outdoor areas for relaxing and enjoying the serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle.

Full Property Details for 705 Banks Rd

General

  • Price: $399,900
  • HOA FEE: $352/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $3,931 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: B26006143
  • Updated: 3/26/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 1
  • Interior Features: High Ceilings, Main Level Primary, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Furnishings: Unfurnished
  • Flooring: Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet, In Unit, Washer Dryer Install Allowed

Additional Information

  • Shared Amenities: Maintenance, Other, Parking

Exterior

  • Exterior Features: None, Outdoor Living Area, Porch
  • Porch/Patio/Deck: Covered, Patio, Porch, Screened

Parking

  • Total Spaces: 2
  • Parking Features: Assigned, Asphalt, Open

Location

  • County: Broward
  • Subdivision: WOODLAKE ISLES
  • Driving Directions: Atlantic Boulevard. West of Lyons Road to Banks Road. North to Woodlake Isles on the left.
  • Direction Faces: South

School Information

  • Elementary School: Liberty (Broward)
  • Middle School: Margate
  • High School: Coconut Creek

Community

  • Community Name: 3632
  • Association: Yes
  • Assoc. Name: Woodlake Isles Inc.
  • Assoc. Fees Include: Common Areas, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash
  • Units Assoc/Comm: 140

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Ranch
  • Construction: Block, Stucco
  • Roof: Composition, Shingle
  • Entry Floor Number: 1
  • Entry Location: First Floor Entry, Vaulted Ceilings, Walk-In Closets
  • Stories/Levels: 1
  • Building Size: 1242
  • Square Feet: 1,092
  • Sq. Ft. Source: Public Records
  • Living Area: 1,092 Sq. Ft.
  • Year Built: 1982
  • Property Condition: Resale, Updated/Remodeled

Lot Features

  • Property View: Lake, Water
  • Lot Size (Acres): 0.07
  • Lot Dimensions: 37.34' x 82.00'
  • Lot Features: 1/4 Acre
  • Zoning: R-3
  • Fencing (Description): Vinyl

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake Front
  • Water Front View: Lake Front
  • Lake Front: Yes

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Association Fee: $1,057
  • Assoc Fee Freq.: Quarterly
  • Assessment Amount: $210,870
  • Tax Amount: $3,931.49
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: Standard
  • 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
  • Disclosures/Rstr.: Special Assessment
  • Property ID: 484231140223

Listed by Merit Realty, Inc.

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Listing agent

— 705 Banks Rd —

  • Merit Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 705 Banks Rd

School District:Broward County School District
NameGradesDistance
Liberty Elementary School, Margate, FL
2450 Banks Road, Margate, FL 33063
K-51.1 mi
Margate Middle School
500 Northwest 65th Avenue, Margate, FL 33063
6-81 mi
Coconut Creek High School
1400 Northwest 44th Avenue, Coconut Creek, FL 33066
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 705 Banks Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$399,900
83.44%
MLS
10/23/2020
Sold
$218,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 705 Banks Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,829
—
$210,870
3%
2024
$3,829
2%
$204,930
3%
2023
$3,746
8%
$198,970
6%
2021
$3,472
-3%
$187,560
-3%
2022
$3,571
3%
$193,180
86%
2021
$3,472
116%
$104,100
2%
2019
$1,608
7%
$101,760
2%
2018
$1,509
2%
$99,870
2%
2017
$1,484
6%
$97,820
2%
2016
$1,398
-52%
$95,810
-19%
2015
$2,908
158%
$118,600
46%
2014
$1,125
1%
$81,090
1%
2013
$1,113
—
$79,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Merit Realty, Inc.

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705 Banks Road, Margate, FL 33063 (MLS# B26006143) is a Single Family property with 2 bedrooms and 2 full bathrooms. 705 Banks Road is currently listed for $399,900 and was received on March 25, 2026. Want to learn more about 705 Banks Road? Do you have questions about finding other Single Family real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

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