Price Check
How this price compares
- Asking price
- $359,900
- Price per sq ft
- $330
- Vs. nearby sales
- 20% above
- Days on market
- 6
This 2-bedroom single-family home in Woodlake Isles went under contract with an asking price of $359,900, or $330 per square foot. It spent 6 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $275 per square foot, so the asking price was 20% above what comparable homes here actually sold for.
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.
Customize this estimateListing Snapshot
- Price
- $359,900
- Days on Site
- 6 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 #
- B26079936
- Property Tax
- $3,931 (2025)
- HOA Fees
- $1,057 / Quarterly
- Subdivision
- WOODLAKE ISLES
- Development
- Woodlake Isles
- County
- Broward
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Completely redone lakefront villa in Woodlake Isles, with upgrades you won't find in the other units. The kitchen was expanded and rebuilt around 42" wall cabinets (taller than the standard 30" and 36"), with all-new cabinetry, high-quality quartz countertops, and stainless-steel appliances. It opens to a bright living and dining area with vaulted ceilings and lake views from the main living areas. Both bathrooms and the showers feature higher-end finishes. New flooring throughout, new interior doors, and new switches and outlets throughout make this one move-in ready. It includes walk-in closets, an in-unit laundry closet, and two assigned parking spaces. The HOA just completed new roofs and repaved the parking lot in Q1 2026, so the big-ticket items are done. FHA-approved. Covered patio with peaceful water views. Close to parks, shops, and top-rated schools. The HOA covers exterior maintenance, the roof, insurance, the pool, and more.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- 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
- Total Rooms
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / 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 Short Term Rentals / No Trailer Parking / Other Restrictions / Ok To Lease
- MLS Area
- 3632
This home's HOA fee works out to $352 a month, in line with the $352 median across 4 homes for sale in Woodlake Isles. See Woodlake Isles HOA fees
Schools
- Elementary School
- Liberty (Broward)
- Middle School
- Margate
- High School
- Coconut Creek
About the Community
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
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 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 Under Contract, and has been on the market 6 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 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 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. 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 September 27, 2026.
$359,900
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Listed by Kenneth Picinich, Merit Realty, Inc.
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Recent Sales
Recently sold homes in Woodlake Isles
These are the last 6 recorded closings in Woodlake Isles, with the price each home actually sold for rather than what it was listed at. They closed at a median of $276 per square foot. The most recent closed on August 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$295,000
Sold · August 25, 2026
627 Banks Road 48
2 bed · 2 bath · 1,092 sqft · $270/sqft
$4,999 under the asking price
Sold$319,000
Sold · July 30, 2026
719 Banks Road 719
2 bed · 2 bath · 1,064 sqft · $300/sqft
Sold$294,000
Sold · July 6, 2026
795 Banks Road
2 bed · 2 bath · 1,064 sqft · $276/sqft
Sold$268,000
Sold · June 30, 2026
617 Banks Road 617
2 bed · 2 bath · 990 sqft · $271/sqft
$4,000 under the asking price
Sold$300,000
Sold · June 11, 2026
723 Banks Road
2 bed · 2 bath · 1,038 sqft · $289/sqft
$19,000 under the asking price
Sold$299,000
Sold · May 29, 2026
653 Banks Road
2 bed · 2 bath · 1,092 sqft · $274/sqft
$11,500 under the asking price
See every recorded sale in Woodlake Isles or find out what your Woodlake Isles home is worth.
