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627 Banks Road 48, Margate, FL 33063
Sold
43 Days on Market
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$295,000

Sold · August 25, 2026

627 Banks Road 48

Margate, FL 33063

WOODLAKE ISLES

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

What this home sold for

Sold price
$295,000
Vs. list price
1.7% under
Days on market
43
Price per sq ft
$270

This 2-bedroom single-family home in Woodlake Isles sold for $295,000 on August 25, 2026. That was 1.7% below its final list price of $299,999. It first came on the market at $309,900, so the price was adjusted before it sold. It spent 43 days on the market. At $270 per square foot, it closed 4.6% below the $283 median of the 6 other single-family home sales in the recent closings shown below.

2
Bedrooms
2
Bathrooms
1,092
Living Sq Ft
1982
Year Built

Listing Snapshot

Sold Price
$295,000
Sold On
August 25, 2026
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.

MLS media link

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

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 lists homes in Woodlake Isles and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
4
Under Contract
3
Median List Price
$330,200
Median $/Sq Ft
$314
Avg Days on Market
46
View all 4 homes for sale in Woodlake Isles →
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 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 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 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. 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.

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Listed by Gail Daniel-Worrell, Engage 100 Realty Group

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