537 Banks Rd is a 1,064 square foot house on a 2,349 square foot lot with 2 bedrooms and 2 bathrooms. - it last sold on April 23, 1992 for $50,000. Based on Redfin's Margate data, we estimate the home's value is $292,515.
Single-familyProperty Type
1981Year Built
2,349 sq ftLot Size
$275Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$292,515
$243K since sold in April 1992$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.9% lower than the average sale price ($311K) of 6 comparable homes.
*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
Apr 17, 2024 • Final
Bd-electrical services /res
Install a new electrical meter.
Electrical
Electric meter
Apr 17, 2024 • Final
Bd-electrical services /res
Upgrade the main electrical panel.
Electrical
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 Framing Type: Masonry
Building Improvement Type: Single Family
Property Information
Subdivision Name: WOODLAKE ISLES 108-5 B
Living Sq. Ft: 1,064
Gross Sq. Ft: 1,064
Adjusted Gross Sq. Ft: 1,046
Building Sq. Ft: 1,064
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,NLY 309.67 TO POB, CONT NLY 27,WLY 87,SLY 27,ELY 87 TO POB AKA UNIT 3 BLDG 521
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,349
Legal Block Number: A
Municipality Name: MARGATE
Acres: 0.0539
Zoning Code: R-3
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,064
Stories: 1.0
Lot Size: 2,349 square feet
Style: Single Family Residential
Year Built: 1981
Year Renovated: 1982
County: Broward County
APN: 484231140013
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Liberty Elementary School
Public PreK-5 • Assigned • 1.2mi
8/10
Margate Middle School
Public 6-8 • Assigned • 1.0mi
5/10
Coconut Creek High School
Public 9-12 • Assigned • 0.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 70-78% chance 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
8/10 Heat Factor
5 hot days expected this year, 1 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)
75
58
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81
65
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71
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91
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92
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90
77
85
74
82
67
79
64
Jan
Feb
Mar
Apr
May
Jun
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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
Estimated sale price
$278,000 – $337,000
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