How do I schedule a tour of 705 Banks Road, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 705 Banks Road, 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 705 Banks Road, Margate, FL 33063 still available?

705 Banks Road, Margate, FL 33063 is currently listed as Active, and has been on the market 131 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 705 Banks Road, Margate, FL 33063?

With 20% down ($71,980) on the $359,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 705 Banks Road, Margate, FL 33063 is about $1,891/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 705 Banks Road, Margate, FL 33063?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 705 Banks Road, 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 705 Banks Road, Margate, FL 33063 have an HOA fee?

Yes: 705 Banks Road, Margate, FL 33063 carries an HOA fee of about $1,057 quarterly (Woodlake Isles 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 705 Banks Road, Margate, FL 33063?

705 Banks Road, 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 705 Banks Road, Margate, FL 33063?

Often, yes. The right offer on 705 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Active

131 Days on Market

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$359,900

705 Banks Road

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

$1,891 /mo

Principal and interest only, based on $71,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $359,900
Days on Site: 131 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: 0.07 Acres
Year Built: 1982
Property Type: Single Family
MLS #: B26006143
Property Tax: $3,931 (2025)
HOA Fees: $1,057 / Quarterly
Subdivision: WOODLAKE ISLES
Development: Woodlake Isles
County: Broward
Status: Active
Special Conditions: Standard

About This Property

Discover this stunning townhouse nestled in a highly sought-after Margate community, with lake views from the main living areas. The open-concept kitchen features sleek stainless-steel appliances and generous countertop space, flowing seamlessly into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. The home includes two designated parking spaces and lush outdoor areas for relaxing and enjoying serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle. Woodlake Isles HOA completed new roofs and new parking lot asphalt in the 1st quarter of 2026!

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 1982
Property Condition: Resale / Updated Remodeled
Number of Stories: 1
Levels: One
Parking: Assigned / Asphalt / Open
Direction Faces: South
Lot Size (Acres): 0.07
Living Sq Ft: 1,092
Total Sq Ft: 1,242
Sewer: Public Sewer
Water Source: Public
Zoning: R-3

Interior Features

Appliances: Dishwasher / Energy Star Qualified Dishwasher / Energy Star Qualified Refrigerator / Electric Range / Electric Water Heater / Ice Maker / Microwave / Oven / Range / Refrigerator / Vented Exhaust Fan / Water Heater
Cooling: Central Air
Heating: Central
Flooring: Tile / Vinyl / Wood
Interior Features: High Ceilings / Main Level Primary / Storage / Vaulted Ceilings / Walk In Closets
Laundry: Washer Hookup / Electric Dryer Hookup / Inside / Laundry Closet / In Unit
Main Level Bedrooms: 2
Main Level Baths: 2
Furnished: Unfurnished

Exterior Features

Construction: Block / Stucco
Roof: Composition / Shingle
Exterior Features: None / Outdoor Living Area / Porch
Architectural Style: Ranch
Patio & Porch: Covered / Patio / Porch / Screened
Lot Features: Less Than Quarter Acre
Waterfront: Yes
Waterfront Features: Lake Front
Frontage: Waterfront
Frontage Length: 37.34 ft
View: Lake / Water

Community & HOA

HOA Fee: $1,057 / Quarterly
HOA Name: Woodlake Isles Inc.
HOA Includes: Common Areas / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Reserve Fund / Roof / Trash
Association Amenities: Maintenance / Other / Parking
Community Features: Home Owners Association
Utilities: Cable Available / Electricity Connected / Phone Available / Sewer Connected / Water Connected
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: Buyer Approval Required / No Lease2nd Year Owned / No Trailer Parking / 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 705 Banks Road, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 705 Banks Road, 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 705 Banks Road, Margate, FL 33063 still available?: 705 Banks Road, Margate, FL 33063 is currently listed as Active, and has been on the market 131 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 705 Banks Road, Margate, FL 33063?: With 20% down ($71,980) on the $359,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 705 Banks Road, Margate, FL 33063 is about $1,891/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 705 Banks Road, Margate, FL 33063?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 705 Banks Road, 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 705 Banks Road, Margate, FL 33063 have an HOA fee?: Yes: 705 Banks Road, Margate, FL 33063 carries an HOA fee of about $1,057 quarterly (Woodlake Isles 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 705 Banks Road, Margate, FL 33063?: 705 Banks Road, 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 705 Banks Road, Margate, FL 33063?: Often, yes. The right offer on 705 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Merit Realty, Inc.

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.

$359,900