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643 Banks Road, Margate, FL 33063
Sold
12 Days on Market
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$285,000

Sold · July 3, 2025

643 Banks Road

Margate, FL 33063

Woodlake Isles

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

What this home sold for

Sold price
$285,000
Vs. list price
5% under
Days on market
12
Price per sq ft
$261

This 2-bedroom single-family home in Woodlake Isles sold for $285,000 on July 3, 2025. That was 5% below its final list price of $300,000. It spent 12 days on the market. At $261 per square foot, it closed 5.1% below the $275 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
$285,000
Sold On
July 3, 2025
Days on Site
12 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,092 sqft
Year Built
1982
Property Type
Single Family
MLS #
F10500355
Property Tax
$1,384 (2024)
HOA Fees
$1,156 / Quarterly
Subdivision
Woodlake Isles
County
Broward
Status
Sold

About This Property

Charming 2 bed, 2 bath villa in the heart of Margate with serene lake views. Enjoy spacious bedrooms and bathrooms, offering plenty of room to relax and unwind. With a little creativity and vision, this home has endless potential to become your dream retreat. Conveniently located near shopping, dining, and major roads—don’t miss this great opportunity!

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
1982
Property Condition
Resale
Number of Stories
1
Garage Spaces
0
Living Sq Ft
1,092

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Gas Range / Microwave / Oven / Refrigerator / Water Softener / Water Heater / Water Purifier / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Laminate
Fireplace
Yes
Interior Features
Bedroom On Main Level
Main Level Bedrooms
1
Main Level Baths
1

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area / Porch
Pool Features
Association
Patio & Porch
Porch / Screened / Balcony
View
Lake

Community & HOA

HOA Fee
$1,156 / Quarterly
HOA Includes
Maintenance Grounds / Maintenance Structure / Roof
Association Amenities
Clubhouse / Pool / Sauna
Community Features
Home Owners Association
Security
None
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Other Restrictions
MLS Area
3523

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
2
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 643 Banks Road, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 643 Banks Road, 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 643 Banks Road, Margate, FL 33063 still available?
643 Banks Road, Margate, FL 33063 is currently listed as Sold, and has been on the market 12 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 643 Banks Road, Margate, FL 33063?
With 20% down ($60,000) on the $300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 643 Banks Road, 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 643 Banks Road, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 643 Banks Road, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 643 Banks Road, Margate, FL 33063 have an HOA fee?
Yes: 643 Banks Road, Margate, FL 33063 carries an HOA fee of about $1,156 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 643 Banks Road, Margate, FL 33063?
Often, yes. The right offer on 643 Banks Road, 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 Douglas Elliman

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 July 1, 2026.

$285,000

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Listed by Daniela Ferreyros, Douglas Elliman

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