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$359,900 Just Listed
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Property Description
Completely redone lakefront villa in Woodlake Isles, with upgrades you won't find in the other units. The kitchen was expanded and rebuilt around 42" wall cabinets (taller than the standard 30" and 36"), with all-new cabinetry, high-quality quartz countertops, and stainless-steel appliances. It opens to a bright living and dining area with vaulted ceilings and lake views from the main living areas. Both bathrooms and the showers feature higher-end finishes. New flooring throughout, new interior doors, and new switches and outlets throughout make this one move-in ready. It includes walk-in closets, an in-unit laundry closet, and two assigned parking spaces. The HOA just completed new roofs and repaved the parking lot in Q1 2026, so the big-ticket items are done. FHA-approved. Covered patio with peaceful water views. Close to parks, shops, and top-rated schools. The HOA covers exterior maintenance, the roof, insurance, the pool, and more.
Full Property Details
Full Property Details for 705 Banks Rd
General
- Price: $359,900
- HOA FEE: $352/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,931 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: B26079936
- Updated: 9/25/2026
- Added to Site: 1 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
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
- 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
- Pets Allowed: Yes
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: $216,560
- 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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Schools
Schools serving 705 Banks Rd
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Margate, FL 2450 Banks Road, Margate, FL 33063 | K-5 | 1.1 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 1 mi |
Coconut Creek High School 1400 Northwest 44th Avenue, Coconut Creek, FL 33066 | 9-12 | 0.9 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
Date
Details
Price
Change
Source
9/24/2026
Listed
$359,900
65.09%
MLS
10/23/2020
Sold
$218,000
—
Public Record
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
Tax History for 705 Banks Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,931
3%
$216,560
3%
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 705 Banks Rd
705 Banks Road, Margate, FL 33063 (MLS# B26079936) is a Single Family property with 2 bedrooms and 2 full bathrooms. 705 Banks Road is currently listed for $359,900 and was received on September 24, 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.

