This home's estimate is 1.3% lower than the average sale price ($307K) of 6 comparable homes.
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- Property details
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557 Banks Rd, Margate, FL 33063
About this home
LAKE VIEW THRUOUT SPACIOUS VILLA. NEEDS TLC. ADD UPDATES & MAKE IT YOUR OWN. NEWER KITCHEN WITH WALL DOWN, SS APLIANCES & GRANITE COUNTERS. CATHEDRAL CEILING, FANS, PORCELAIN TILE FLOORS. ATTIC STORAGE, COMPLETE HURRICANE SHUTTERS. ENJOY FISHING, CANOEING, AND SCENIC SUNSETS. WELL MAINTAINED COMMUNITY HAS 2 POOLS,TENNIS COURT, CLUBHOUSE, SAUNA, POOLTABLE, DOCKS. LOW HOA INCLUDES BASIC CABLE, TRASH REMOVAL, BUILDING INSURANCE, EXTERIOR PAINT, ROOF REPAIRS & LAWN. GREAT LOCATION. EXCELLENT VALUE.
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Market trends in 33063, FL
Last updated August 2026
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Provided by Redfin
Sale history for 557 Banks Rd
$259/sq ft
$259/sq ft
$259/sq ft
$95/sq ft
$59/sq ft
$51/sq ft
Tax history for 557 Banks Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- 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.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
Remove and replace the roof shingles on a building.
Roofing
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
Parking
- Parking Information
- Parking Features: Assigned, Guest
- Open Parking Spaces: 1.0
Interior
- Virtual Tour Information
- Bathroom Information
- Bathrooms Full: 2
- Bathrooms Total Integer: 2
- Main Level Bathrooms: 2
- Bedroom Information
- Main Level Bedrooms: 2
- Interior Features
- Interior Features: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Microwave
- Furnished: Unfurnished
- Laundry Features: Inside
Exterior
- Building Information
- Stories Total: 1
- Building Area Total: 1,172
- Building Area Source: Public Records
- Construction Materials: CBS
- Exterior Features
- Patio And Porch Features: Porch - Open, Patio, Porch
- Roof: Composition, Shingle
- Property Information
- Property Sub Type: Villa
- Structure Type: Villa
- Levels: Multi/Split
- Property Condition: Resale
- Living Area: 1,156
- Road Frontage Type: West of US-1
- Lot Information
- Waterfront YN: Yes
Financial
- Tax Information
- Tax Annual Amount: $5,034.10
- Tax Year: 2022
- Parcel Number: 484231140040
Utilities
- Utility Information
- Water Source: Public
- Electric: Three Phase
- Utilities: Cable Available, Water Available
- Heating & Cooling
- Has Heating
- Heating: Heat Strip
- Has Cooling
- Cooling: Central Air, Ceiling Fan(s)
Location
- Multi-Family Financial Information
- Pets Allowed: Yes, No Restrictions
- Number Of Units In Community: 136
- HOA Information
- Has Association
- Association Amenities: Boating, Billiard Room, Clubhouse, Pool, Tennis Court(s), Manager On Site, Internet Included, Sidewalks
- Association & Fees: HOA Amt (Monthly): 228
- Association Fee Payment Frequency: Monthly
- Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Trash, Common Areas, Common Real Estate Tax
- School Information
- Elementary School: Liberty (Broward)
- Middle Or Junior School: Margate
- High School: Coconut Creek
- Location Information
- Direction Faces: East
- Directions: ATLANTIC AVE TO BANKS ROAD JUST WEST OF TURNPIKE NORTH TO WOODLAKE ISLES ON LEFT SIDE TO PROPERTY.
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,156
- Stories: 1.0
- Lot Size: 3,927 square feet
- Style: Single Family Residential
- Year Built: 1981
- Year Renovated: 1982
- County: Broward County
- APN: 484231140040
Other
- Listing Date Information
- Start Showing Date: 2023-05-11
Around this home
Schools
Public PreK-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 19-29% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
4 days above 106° expected this year, 14 days in 30 years
99% chance of strong winds in next 30 years
3 unhealthy days expected this year, 3 days in 30 years
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.
Nearby similar homes
New listings for sale in 33063
Home values near 557 Banks Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
2 Beds | 2 Baths | 1090 Sq. Ft. | $305,527 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 764 Sq. Ft. | $105,353 |
2 Beds | 2 Baths | 986 Sq. Ft. | $284,187 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
2 Beds | 2 Baths | 986 Sq. Ft. | $318,969 |
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