How do I schedule a tour of 627 Banks Road 48, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 627 Banks Road 48, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 627 Banks Road 48, Margate, FL 33063 still available?

627 Banks Road 48, Margate, FL 33063 is currently listed as Sold, and has been on the market 43 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 627 Banks Road 48, Margate, FL 33063?

With 20% down ($60,000) on the $299,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 627 Banks Road 48, Margate, FL 33063 is about $1,577/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 627 Banks Road 48, Margate, FL 33063?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 627 Banks Road 48, Margate, FL 33063. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 627 Banks Road 48, Margate, FL 33063 have an HOA fee?

Yes: 627 Banks Road 48, Margate, FL 33063 carries an HOA fee of about $353 monthly (Woodlake Iles LLC). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 627 Banks Road 48, Margate, FL 33063?

627 Banks Road 48, 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 627 Banks Road 48, Margate, FL 33063?

Often, yes. The right offer on 627 Banks Road 48, Margate, FL 33063 depends on how it's priced against comparable single family sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Sold

43 Days on Market

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$299,999

627 Banks Road 48

Margate, FL 33063

WOODLAKE ISLES

Explore the area: Margate homes for sale · Broward County real estate

Bedrooms

Bathrooms

1,092

Living Sq Ft

1982

Year Built

Estimated monthly payment

$1,577 /mo

Principal and interest only, based on $60,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $353/mo HOA are not included.

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Listing Snapshot

Price: $299,999
Days on Site: 43 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,092 sqft
Total Sq Ft: 1,242 sqft
Lot Size: 0.05 Acres
Year Built: 1982
Property Type: Single Family
MLS #: B26043450
Property Tax: $4,915 (2025)
HOA Fees: $353 / Monthly
Subdivision: WOODLAKE ISLES
County: Broward
Status: Sold
Special Conditions: Standard

About This Property

Welcome to this charming lakefront villa in the highly desirable Woodlake Isles in Margate! This well-maintained residence offers two spacious bedrooms, each with an ensuite bathroom, for added comfort and convenience. Enjoy seamless indoor-outdoor living with both front and rear patios, providing the perfect spaces for relaxing, entertaining, or grilling while surrounded by lush landscaping. Tranquil lake views create a warm and inviting atmosphere throughout the home. Ideally located near schools, shopping, dining, entertainment, and beautiful parks. This villa offers the perfect blend of serenity and convenience. Motivated seller - schedule your private showing today and bring all offers! Upgraded bathrooms and hurricane impact patio sliding doors.

Virtual Tour

General Features

Property Type: Single Family
Status: Sold
Year Built: 1982
Property Condition: Resale
Number of Stories: 1
Levels: One
Parking: Asphalt / Driveway
Direction Faces: South
Lot Size (Acres): 0.05
Living Sq Ft: 1,092
Total Sq Ft: 1,242
Sewer: Public Sewer
Water Source: Public
Zoning: R-3

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Gas Range / Microwave / Oven / Range / Refrigerator / Water Heater / Wine Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile
Fireplace: Yes
Interior Features: Breakfast Bar / Living Dining Room / Multiple En Suite Bathrooms / Split Bedrooms / Storage
Laundry: Laundry Closet / In Unit
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 3

Exterior Features

Construction: Block / Stucco
Roof: Shingle
Exterior Features: Barbecue / Courtyard / Outdoor Living Area / Storage / Uncovered Courtyard
Pool Features: Association
Patio & Porch: Covered / Patio
Lot Features: Less Than Quarter Acre
Waterfront: Yes
Waterfront Features: Lake Front
View: Lake / Water

Community & HOA

HOA Fee: $353 / Monthly
HOA Name: Woodlake Iles LLC
HOA Includes: Common Areas / Insurance / Maintenance Grounds / Pools / Recreation Facilities / Roof / Sewer / Trash / Water
Association Amenities: Pier / Pool / Tennis Courts
Community Features: Home Owners Association / Gated
Security: Gated Community
Utilities: Cable Available / Electricity Connected / Sewer Connected / Water Connected
Pets Allowed: Call / Yes
Financing Terms: Cash / Conventional / Other
Restrictions: Rental Restriction
MLS Area: 3632

Schools

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

About the Community

Woodlake Isles

View Community Details →

Woodlake Isles is a waterfront community in Margate, Broward County, Florida. Active listings are priced from $250,000 to $389,900. Homes were built between 1981 and 1984. Pure Equity Realty lists homes in Woodlake Isles for 1% commission and represents buyers at no cost.

Homes for Sale: 6
Under Contract: 1
Median List Price: $337,500
Median $/Sq Ft: $321
Avg Days on Market: 96

View all 6 homes for sale in Woodlake Isles →

Frequently Asked Questions

How do I schedule a tour of 627 Banks Road 48, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 627 Banks Road 48, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 627 Banks Road 48, Margate, FL 33063 still available?: 627 Banks Road 48, Margate, FL 33063 is currently listed as Sold, and has been on the market 43 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 627 Banks Road 48, Margate, FL 33063?: With 20% down ($60,000) on the $299,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 627 Banks Road 48, Margate, FL 33063 is about $1,577/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 627 Banks Road 48, Margate, FL 33063?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 627 Banks Road 48, Margate, FL 33063. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 627 Banks Road 48, Margate, FL 33063 have an HOA fee?: Yes: 627 Banks Road 48, Margate, FL 33063 carries an HOA fee of about $353 monthly (Woodlake Iles LLC). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 627 Banks Road 48, Margate, FL 33063?: 627 Banks Road 48, 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 627 Banks Road 48, Margate, FL 33063?: Often, yes. The right offer on 627 Banks Road 48, Margate, FL 33063 depends on how it's priced against comparable single family sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Engage 100 Realty Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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.

$299,999