$307,500
Sold · August 11, 2025
747 Banks Road
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $307,500
- Vs. list price
- 2.4% under
- Days on market
- 21
- Price per sq ft
- $296
This 2-bedroom townhouse in Woodlake Isles sold for $307,500 on August 11, 2025. That was 2.4% below its final list price of $315,000. It spent 21 days on the market.
Listing Snapshot
- Sold Price
- $307,500
- Sold On
- August 11, 2025
- Days on Site
- 21 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,038 sqft
- Total Sq Ft
- 1,234 sqft
- Lot Size
- 0.05 Acres
- Year Built
- 1983
- Property Type
- Townhouse
- MLS #
- R11103042
- Property Tax
- $654 (2024)
- HOA Fees
- $385 / Monthly
- Subdivision
- WOODLAKE ISLES
- Development
- WOODLAKE ISLES
- County
- Broward
- Status
- Sold
About This Property
Lakefront Living at Its Best - Water Views, Private Deck & Below Market Value! Wake up to breathtaking lake views every day in this beautifully maintained, pet-friendly home located in an all-ages community where boats are welcome! This lakefront gem offers serene waterfront living with your own private deck, perfect for morning coffee, or evening sunsets. Inside, the home features cathedral ceilings that enhance the open, airy feel. The updated kitchen is both stylish and functional, ideal for everyday living. Enjoy peace of mind with recent upgrades including a 2023 A/C, tankless water heater, and a modern electric panel. Whether you're downsizing, investing, or searching for your dream home, this property is a standout. With a low HOA, flexible community rules (all ages and pets welcome!), and a price below market value, this is a rare opportunity to own lakefront property without the premium price tag. Don't miss out on this perfect blend of lifestyle, location, and valueschedule your private showing today!
Virtual TourGeneral Features
- Property Type
- Townhouse
- Status
- Sold
- Year Built
- 1983
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Assigned / Guest
- Direction Faces
- East
- Lot Size (Acres)
- 0.05
- Living Sq Ft
- 1,038
- Total Sq Ft
- 1,234
- Zoning
- R-3
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Laminate
- Interior Features
- Cathedral Ceilings / Custom Mirrors / Split Bedrooms / Storage / Separate Shower / Vaulted Ceilings / Walk In Closets
- Laundry
- Inside / Laundry Closet
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 5
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area / Tennis Courts
- Pool Features
- Association
- Patio & Porch
- Deck / Patio / Screened
- Lot Features
- Less Than Quarter Acre
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake
Community & HOA
- HOA Fee
- $385 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Boating / Clubhouse / Pool / Parking / Tennis Courts
- Community Features
- Home Owners Association / Boat Facilities
- Security
- Security System Owned
- Utilities
- Cable Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Lease1st Year Owned / Rental Restriction
- MLS Area
- 3523
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
- 7
- Median List Price
- $325,000
- Median $/Sq Ft
- $313
- Avg Days on Market
- 121
Frequently Asked Questions
- How do I schedule a tour of 747 Banks Road, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 747 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 747 Banks Road, Margate, FL 33063 still available?
- 747 Banks Road, Margate, FL 33063 is currently listed as Sold, and has been on the market 21 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 747 Banks Road, Margate, FL 33063?
- With 20% down ($63,000) on the $315,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 747 Banks Road, Margate, FL 33063 is about $1,655/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 747 Banks Road, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 747 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 747 Banks Road, Margate, FL 33063 have an HOA fee?
- Yes: 747 Banks Road, Margate, FL 33063 carries an HOA fee of about $385 monthly. 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 747 Banks Road, Margate, FL 33063?
- Often, yes. The right offer on 747 Banks Road, Margate, FL 33063 depends on how it's priced against comparable townhouse 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 The Keyes Company
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.
$307,500
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Listed by Malcolm Scott Ellis, The Keyes Company
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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.
