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1023 Banks Road 201, Margate, FL 33063
Active
106 Days on Market
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How this price compares

List price
$238,000
Price per sq ft
$203
Vs. nearby sales
107.1% above
Days on market
106

This 2-bedroom condo in ZIP 33063 is listed at $238,000, or $203 per square foot. The asking price has come down 2.9% from its original $245,000. It has been on the market for 106 days. The 4 most recent condo sales in the closings shown below sold at a median of $98 per square foot, so the asking price is 107.1% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,175
Living Sq Ft
1983
Year Built

Estimated monthly payment

$1,251 /mo

Principal and interest only, based on $47,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $500/mo HOA are not included.

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Listing Snapshot

Price
$238,000
Days on Site
106 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,175 sqft
Total Sq Ft
1,175 sqft
Year Built
1983
Property Type
Condo
MLS #
B26039509
Property Tax
$4,921 (2025)
HOA Fees
$500 / Monthly
Subdivision
WOODLAKE ISLES NORTH CONDO
County
Broward
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

"Attention Investors!" Highly Desirable Second-Floor Corner Unit - Start Earning Income from Day One!" This spacious condo offers two primary suites, each with a large walk-in closet, providing comfort and privacy. Enjoy an open layout, in-unit washer and dryer, additional storage, and a generous screened balcony perfect for relaxing and taking in the views. Conveniently located near colleges, restaurants, shopping, major highways, casinos, and everyday conveniences. A great opportunity for year-round living

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General Features

Property Type
Condo
Status
Active
Year Built
1983
Property Condition
Resale
Number of Stories
2
Levels
One
Parking
Assigned / Common / Guest
Direction Faces
East
Lot Size (Acres)
0
Living Sq Ft
1,175
Total Sq Ft
1,175
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-3

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Ceramic Tile / Other / Tile / Wood
Interior Features
Breakfast Area / High Ceilings / Living Dining Room / Multiple Primary Suites / Storage / Vaulted Ceilings / Walk In Closets
Laundry
In Unit / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Unfurnished

Exterior Features

Construction
Block
Roof
Concrete
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Deck / Screened / Balcony
Waterfront
Yes
View
Canal / Pool / Water

Community & HOA

HOA Fee
$500 / Monthly
HOA Name
Woodlake Isles North Condominium Association, Inc.
HOA Includes
Common Areas / Maintenance Grounds / Maintenance Structure / Roof / Water
Association Amenities
Maintenance / Pool / Parking
Community Features
Street Lights
Security
Smoke Detectors
Utilities
Cable Available / Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
Breed Restrictions / Size Limit / Yes
Financing Terms
Cash / Conventional
Restrictions
Limited Number Vehicles / No Boats / No Commercial Vehicles / No Short Term Rentals / No Motorcycles / No Rv / No Truck / No Trailer Parking / Ok To Lease / Rental Restriction
MLS Area
3632

Schools

Elementary School
Liberty (Broward)
Middle School
Margate
High School
Coconut Creek
Homes for Sale
2
Median List Price
$243,750
Median $/Sq Ft
$207
Avg Days on Market
97
View all 2 homes for sale in Woodlake Isles North →
How do I schedule a tour of 1023 Banks Road 201, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 1023 Banks Road 201, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1023 Banks Road 201, Margate, FL 33063 still available?
1023 Banks Road 201, Margate, FL 33063 is currently listed as Active, and has been on the market 106 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1023 Banks Road 201, Margate, FL 33063?
With 20% down ($47,600) on the $238,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1023 Banks Road 201, Margate, FL 33063 is about $1,251/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1023 Banks Road 201, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1023 Banks Road 201, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1023 Banks Road 201, Margate, FL 33063 have an HOA fee?
Yes: 1023 Banks Road 201, Margate, FL 33063 carries an HOA fee of about $500 monthly (Woodlake Isles North Condominium Association, Inc.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 1023 Banks Road 201, Margate, FL 33063?
1023 Banks Road 201, Margate, FL 33063 is zoned for Liberty (Broward) (elementary), Margate (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1023 Banks Road 201, Margate, FL 33063?
Often, yes. The right offer on 1023 Banks Road 201, Margate, FL 33063 depends on how it's priced against comparable condo sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Century 21 Stein Posner

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$238,000

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Listed by Carmen L Santana, Century 21 Stein Posner

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