Discover this stunning townhouse nestled in a highly sought-after Margate community, with lake views from the main living areas. The open-concept kitchen features sleek stainless-steel appliances and generous countertop space, flowing seamlessly into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. The home includes two designated parking spaces and lush outdoor areas for relaxing and enjoying serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle. Woodlake Isles HOA completed new roofs and new parking lot asphalt in the 1st quarter of 2026!
Total building area reported as 1,242 (public records)
Living area reported as 1,092
Utilities
Public water
Public sewer
150 amp electric service
Cable available
Phone available
Electricity connected
Sewer connected
Water connected
HOA & community
Community of 140 units
Association: Woodlake Isles Inc.
Quarterly association fee
Association covers maintenance of grounds, pest control, trash, common areas, legal/accounting, reserve funds, roof repairs, recreation facility, and pool service
Community-maintained parking
Financial info
Pets allowed (restrictions may apply)
Electricity and solar
View estimated energy costs and solar savings for this home
Beautiful corner unit with 2/2 right on the lake. Stainless steel appliances. Split bedrooms. Nice back patio with lake views. Front courtyard. Accordion shutters, new a/c. Community has boat ramp, two pools and clubhouse. Call listing agent for appointments.
Public Records
Apr 13, 2015
Sold
$142,000
$130/sq ft
Public Records
Aug 13, 2003
Sold
$130,000
$119/sq ft
Public Records
Mar 7, 1988
Sold
$69,500
$64/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,931 (+2.7%)
2024
$3,829 (+2.2%)
2023
$3,746 (+4.9%)
2022
$3,571 (+2.9%)
2021
$3,472 (+111.1%)
$22,100 + $165,460
$187,560
2020
$1,645 (+2.3%)
2019
$1,608 (+6.5%)
2018
$1,509 (+1.7%)
2017
$1,484 (+6.2%)
2016
$1,397 (−52.0%)
2015
$2,908 (+158.5%)
2014
$1,125 (+1.1%)
2013
$1,113 (+2.7%)
2012
$1,084 (−2.8%)
2011
$1,116
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3,048 Sq. Ft.
Year renovated
1983
Finished Sq. Ft.
1,092
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,092
Year built
1982
Style
Single Family Residential
County
Broward County
APN
484231140223
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 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
Oct 10, 2017 • Final
Bd-a/c and/or duct work residential
Replace the existing air conditioning unit.
HVAC
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.
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
92
79
90
77
85
74
82
67
79
64
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
8.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 705 Banks Rd
$354,987
$4,913 under list price of $360K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $294K to $395K.