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723 Banks Rd, Margate FL 33063

House Active With Contract
$319,000

BTC: 4.98437500

ETH: 182.70332188

-$6K (2026/04/15)
31 days
Waterfront
2 bds
2 ba
1,038 sqft

Overview

2BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Guest
Year Built:
1983
Lot:
No Data
Heating:
Central
Price/sqft:
$307
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$1,057

Valuation

Our model vs. what's actually selling nearby.
Estimate
$297,500
$203K – $356K
Confidence Low
List vs. estimate
$21K above estimate
List $319,000 · +7.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$307
-4.0% vs. city median $320
Based on
48 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,618
2025
HOA
$1,057/qtr
View
Garden View, Lake
Waterfront
Lake, Lake Access
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Guest

    Property

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 484231140250

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Villa

  • Other financial information

    • HOA: $1,057

    • HOA Frequency: Quarterly

    • Annual tax amount: $1,618

  • Source details

    • MLS ID: A11992007

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Patio / Screened Porch

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Living Area: 1038

    • Subdivision Name: WOODLAKE ISLES

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Majestic Realty, LLC