701 Banks Rd is a 1,092 square foot house on a 2,214 square foot lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Margate data, we estimate the home's value is $320,025.
Single-familyProperty Type
1982Year Built
2,214 sq ftLot Size
$293Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$320,025
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 7.8% higher than the average sale price ($297K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,884 (+2.8%)
2024
$2,806 (+2.4%)
2023
$2,740 (+5.2%)
2022
$2,605 (+3.0%)
2021
$2,529 (+1.8%)
2020
$2,483 (+2.0%)
2019
$2,434 (+6.6%)
2018
$2,283 (−20.0%)
2017
$2,854 (+7.4%)
$16,050 + $109,270
$125,320
2016
$2,656 (+5.0%)
2015
$2,529 (+7.0%)
2014
$2,364 (+9.8%)
2013
$2,153 (+11.1%)
2012
$1,938 (−11.9%)
2011
$2,199
Tax history for 701 Banks Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,884 (+2.8%)
2024
$2,806 (+2.4%)
2023
$2,740 (+5.2%)
2022
$2,605 (+3.0%)
2021
$2,529 (+1.8%)
2020
$2,483 (+2.0%)
2019
$2,434 (+6.6%)
2018
$2,283 (−20.0%)
2017
$2,854 (+7.4%)
$16,050 + $109,270
$125,320
2016
$2,656 (+5.0%)
2015
$2,529 (+7.0%)
2014
$2,364 (+9.8%)
2013
$2,153 (+11.1%)
2012
$1,938 (−11.9%)
2011
$2,199
*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 23, 2013 • Final
Bd-a/c and/or duct work residential
Work on the air conditioning system.
HVAC
Jan 31, 2006 • Final
Bd-miscellaneous plumbing
Work on a water heater.
Plumbing
Water heater
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
Interior
Bathroom Information
# of Full Baths: 2
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: 1,092
Gross Sq. Ft: 1,092
Adjusted Gross Sq. Ft: 1,149
Building Sq. Ft: 1,092
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: WOODLAKE ISLES 108-5 B PORTION OF TR A AS DESC IN OR 10421/732 AKA: UNIT 85,BLK 542
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,214
Legal Block Number: 542
Municipality Name: MARGATE
Acres: 0.0508
Zoning Code: R-3
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,092
Stories: 1.0
Lot Size: 2,214 square feet
Style: Single Family Residential
Year Built: 1982
Year Renovated: 1983
County: Broward County
APN: 484231140221
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Liberty Elementary School
Public PreK-5 • Assigned • 1.1mi
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
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
8/10 Heat Factor
3 days above 106° expected this year, 10 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
91
78
93
78
90
77
85
74
82
67
79
64
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
Estimated sale price
$305,000 – $369,000
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