Welcome to this charming lakefront villa in the highly desirable Woodlake Isles in Margate! This well-maintained residence offers two spacious bedrooms, each with an ensuite bathroom, for added comfort and convenience. Enjoy seamless indoor-outdoor living with both front and rear patios, providing the perfect spaces for relaxing, entertaining, or grilling while surrounded by lush landscaping. Tranquil lake views create a warm and inviting atmosphere throughout the home. Ideally located near schools, shopping, dining, entertainment, and beautiful parks. This villa offers the perfect blend of serenity and convenience. Motivated seller - schedule your private showing today and bring all offers! Upgraded bathrooms and hurricane impact patio sliding doors.
Est. $2,776 per month, based on comparable rentals
Sale and tax history for 627 Banks Rd #48
Sale History
Tax History
Date
Event
Price
Beaches MLS #B26043450
Aug 25, 2026
Sold
$295,000
$270/sq ft
Aug 2, 2026
Contingent
—
Jul 17, 2026
Price Changed
$299,999
$275/sq ft
Jun 18, 2026
Listed
$309,900
$284/sq ft
RMLSFL #B26036640
Jun 17, 2026
Rental Removed
$1,000
$1/sq ft
Jun 5, 2026
Listed for Rent
$1,000
$1/sq ft
Beaches MLS #R10028625
Jul 3, 2014
Sold
$140,000
$128/sq ft
Jun 1, 2014
Contingent
—
May 28, 2014
Relisted
—
Apr 22, 2014
Contingent
—
Mar 30, 2014
Listed
$140,000
$128/sq ft
+18
Check out the million dollar view!! This lovely 2 bedroom villa sits on the banks of a beautiful lake providing amazing views all day long! Very well maintained and freshly painted. This home features granite-like counters, new updated bathrooms and tile floors throughout. Open the front door and patio doors for an incredible breeze. Enjoy your morning coffee on one of two spacious patios. The appliances remain including the newer front load washer/dryer. There are two assigned parking spaces right in front of the home. Two small pets up to 30 lbs are welcome. Community amenities include a swimming pool, clubhouse, billiards. With the pristine condition and million dollar view this home will sell quickly! Don't miss out!
Beaches MLS #R10017591
Mar 30, 2014
Listing Removed
—
Feb 18, 2014
Listed
$145,000
$133/sq ft
Beaches MLS #F1053234
Apr 6, 2010
Sold
$112,000
$103/sq ft
Feb 4, 2010
Listed
$119,900
$110/sq ft
Public Records
Sep 30, 1998
Sold
$74,000
$68/sq ft
Public Records
Aug 18, 1993
Sold
$63,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,915 (+2.5%)
2024
$4,796 (+1.3%)
2023
$4,734 (+2.9%)
2022
$4,599 (+1.5%)
2021
$4,528 (+0.9%)
2020
$4,486 (+103.2%)
2019
$2,208 (+6.6%)
2018
$2,072 (+1.4%)
2017
$2,044 (+4.4%)
2016
$1,958 (−7.9%)
2015
$2,126 (+117.2%)
2014
$979 (−0.6%)
2013
$985 (+0.7%)
2012
$978 (−22.6%)
2011
$1,262
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2,160 Sq. Ft.
Year renovated
1983
Sq. Ft.
1,092
Year built
1982
Style
Single Family Residential
County
Broward County
APN
484231140122
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
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
Property details
Parking
Parking Information
Parking Total: 2.0
No
Parking Features: Asphalt, Driveway
Open Parking Spaces: 2.0
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: Bedroom Layout - Split
Appliances: Electric Water Heater, Disposal, Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator
Flooring: Tile
Laundry Features: Laundry Closet, In Unit
Has Fireplace
Fireplace Features: Decorative, Electric
Exterior
Building Information
Stories Total: 1
Building Area Total: 1,242
Building Area Source: Public Records
Construction Materials: Stucco, CBS
Exterior Features
Patio And Porch Features: Patio - Covered, Patio
Fencing: Partial, Vinyl
Roof: Shingle
Entry Level: 1
Property Information
Property Sub Type: Villa
Structure Type: Villa
Levels: One
Property Condition: Resale
Security Features: Gated - No Guard
Living Area: 1,092
Lot Information
Waterfront YN: Yes
Financial
Tax Information
Tax Annual Amount: $4,915.49
Tax Assessed Value: 150470
Tax Year: 2025
Parcel Number: 484231140122
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating & Cooling
Has Heating
Heating: Central
Has Cooling
Cooling: Central Air
Location
Multi-Family Financial Information
Pets Allowed: Yes, Call
HOA Information
Has Association
Association Name: Woodlake Iles LLC
Association Amenities: Pool, Tennis Court(s), Fishing Pier
Association & Fees: HOA Amt (Monthly): 353
Association Fee Payment Frequency: Monthly
Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water, Common Areas, Roof Repairs, Recreation Facility, Pool Service
School Information
Elementary School: Liberty (Broward)
Middle Or Junior School: Margate
High School: Coconut Creek
Location Information
Direction Faces: South
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,092
Stories: 1.0
Lot Size: 2,160 square feet
Style: Single Family Residential
Year Built: 1982
Year Renovated: 1983
County: Broward County
APN: 484231140122
Home facts updated by county records on Oct 15, 2026
Around this home
Schools
Liberty Elementary School
Public PreK-5 • Assigned • 1.2mi
8/10
Margate Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Coconut Creek High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Climate risks
3/10 Flood Factor
Estimated 10-14% 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
9/10 Heat Factor
5 days above 106° expected this year, 17 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
78
61
81
65
83
71
89
76
90
77
92
78
93
78
89
76
85
74
82
67
79
64
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Margate. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
8.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$300,000 – $363,000
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