Google street view image for 421 Banks Rd, Margate, FL 33063

Off Market Jul 2010 for $355K

—

Est. refi paymentEst. refi $2,614/mo

•

8 ba

•

5,994

sq ft

421 Banks Rd, Margate, FL 33063

About this home

421 Banks Rd is a 5,994 square foot multi-family home on a 0.44 acre lot with 12 bedrooms and 8 bathrooms. - it last sold on July 22, 2010 for $355,000.

Multi-familyProperty Type

1973Year Built

0.44 acresLot Size

$59Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 33063, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

+0.3% MoM

Median sale price

$323K

$23K MoM

Avg. days on market

90d

2 days MoM

Recently sold homes

193

35 MoM

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See all

Provided by Redfin

Sale history for 421 Banks Rd

Year

Property tax

Land + Additions

Assessment*

2025

$24,293 (+7.0%)

$133,150 + $878,800

$1,011,950

2024

$22,709 (+2.9%)

$133,150 + $878,800

$1,011,950

2023

$22,062 (+9.2%)

$133,150 + $759,600

$892,750

2022

$20,200 (+6.4%)

2021

$18,990 (+9.9%)

2020

$17,281 (+8.6%)

2019

$15,915 (+7.0%)

$133,150 + $480,950

$614,100

2018

$14,877 (+7.7%)

$133,150 + $480,950

$614,100

2017

$13,819 (+11.2%)

$133,150 + $443,010

$576,160

2016

$12,430 (+6.3%)

2015

$11,694 (+7.2%)

2014

$10,904 (+6.1%)

2013

$10,281 (+9.9%)

2012

$9,358 (+5.3%)

2011

$8,885

Tax history for 421 Banks Rd

Year

Property tax

Land + Additions

Assessment*

2025

$24,293 (+7.0%)

$133,150 + $878,800

$1,011,950

2024

$22,709 (+2.9%)

$133,150 + $878,800

$1,011,950

2023

$22,062 (+9.2%)

$133,150 + $759,600

$892,750

2022

$20,200 (+6.4%)

2021

$18,990 (+9.9%)

2020

$17,281 (+8.6%)

2019

$15,915 (+7.0%)

$133,150 + $480,950

$614,100

2018

$14,877 (+7.7%)

$133,150 + $480,950

$614,100

2017

$13,819 (+11.2%)

$133,150 + $443,010

$576,160

2016

$12,430 (+6.3%)

2015

$11,694 (+7.2%)

2014

$10,904 (+6.1%)

2013

$10,281 (+9.9%)

2012

$9,358 (+5.3%)

2011

$8,885

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

R-3

Multiple Dwelling District

The purpose of these regulations is to provide for development standards for properties within the R-3 District.

Permitted uses

Include but are not limited to:

Assembly/ meeting place
Community / recreation center
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Recreation
Park & open space

Feb 16, 2026 • Final

Bd-roof/residential

Replace the air conditioning unit.

HVAC

Roofing

Nov 5, 2023 • Final

Bd-backflow certification

Replace the backflow prevention device.

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Stem Wall
Construction Type: Concrete
Building Construction Quality: Average
Exterior Wall: Cbs/Holw Tile/Fr/Stud/Sheat/Sd
Roof Covering Type: Asphalt/Composition Shingle
Roof Framing Type: Masonry
Roof Shape Type: Asphalt/Composition Shingle
Building Improvement Type: Apartment

Property Information
Subdivision Name: LAKEWOOD GARDENS 78-2 B
Living Sq. Ft: 5,994
Gross Sq. Ft: 8,004
Adjusted Gross Sq. Ft: 6,016
# of Units: 8
# of Stories: 1
Stories Type: 1
Legal Description: LAKEWOOD GARDENS 78-2 B LOT 12 BLK 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,022
Legal Lot Number: 12
Legal Block Number: 1
Municipality Name: MARGATE
Acres: 0.4367
Front Footage: 142.19
Zoning Code: R-3
State Use Description: MULTI-FAM 1-9 UNITS

Location Information
Parcel Location Influence: Waterfront

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 12
Baths: 8.0
Sq. Ft.: 5,994
Stories: 1.0
Lot Size: 0.44 acres
Style: Multi-Family (5+ Unit)
Year Built: 1973
Year Renovated: 1980
County: Broward County
APN: 484231030120

Home facts updated by county records on Jul 30, 2026

Around this home

Schools

Liberty Elementary School

Public PreK-5 • Assigned • 1.6mi

8/10

Margate Middle School

Public 6-8 • Assigned • 1.0mi

5/10

Coconut Creek High School

Public 9-12 • Assigned • 1.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 106° expected this year, 23 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Margate, FL • 33063

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.3 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 421 Banks Rd

Data from public records.

Address	Redfin Estimate
411 Banks Rd Apt 1-8, Margate, FL 12 Beds \| 8 Baths \| 5994 Sq. Ft.	—
401 Banks Rd Apt 1-8, Margate, FL - Beds \| - Baths \| 5994 Sq. Ft.	—

Address	Redfin Estimate
441 Banks Rd Apt 1-8, Margate, FL 16 Beds \| 8 Baths \| 6874 Sq. Ft.	—
412 Lakeside Dr Apt 119, Margate, FL 2 Beds \| 1 Baths \| 630 Sq. Ft.	$143,414

Address	Redfin Estimate
431 Banks Rd Apt 1-8, Margate, FL 12 Beds \| 8 Baths \| 5994 Sq. Ft.	—
412 Lakeside Dr Apt 122, Margate, FL 2 Beds \| 1 Baths \| 850 Sq. Ft.	$124,819

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 33063, FL

Sale history for 421 Banks Rd

Tax history for 421 Banks Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 33063

Home values near 421 Banks Rd

More real estate resources