Completely redone lakefront villa in Woodlake Isles, with upgrades you won't find in the other units. The kitchen was expanded and rebuilt around 42" wall cabinets (taller than the standard 30" and 36"), with all-new cabinetry, high-quality quartz countertops, and stainless-steel appliances. It opens to a bright living and dining area with vaulted ceilings and lake views from the main living areas. Both bathrooms and the showers feature higher-end finishes. New flooring throughout, new interior doors, and new switches and outlets throughout make this one move-in ready. It includes walk-in closets, an in-unit laundry closet, and two assigned parking spaces. The HOA just completed new roofs and repaved the parking lot in Q1 2026, so the big-ticket items are done. FHA-approved. Covered patio with peaceful water views. Close to parks, shops, and top-rated schools. The HOA covers exterior maintenance, the roof, insurance, the pool, and more.
Median sale price in this area is $623,710. (73% higher than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
High ceilings
Vaulted ceilings
Walk-in closets
Unfurnished
Bedrooms
2 bedrooms on the first floor
Bathrooms
2 full bathrooms on the first floor
Kitchen
Dishwasher
ENERGY STAR qualified dishwasher
ENERGY STAR qualified refrigerator
Electric range
Microwave
Refrigerator
Laundry & utility
Laundry closet
Laundry inside the unit
Electric dryer hookup
Washer hookup
Flooring
Tile, vinyl, and wood flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Covered patio
Screened porch
Vinyl fencing
Waterfront
Home design
Villa
One story
First-floor entry
South-facing
Parking
Two assigned, open parking spaces on asphalt
Construction
Stucco and CBS construction
Composition shingle roof
Slab foundation
Updated and remodeled
Utilities
Public water
Public sewer
150-amp electrical service
Cable available
Phone available
HOA & community
Association amenities include parking and a maintained community
Association fees include grounds maintenance, pest control, trash, common areas, legal and accounting services, reserve funds, roof repairs, recreation facility, and pool service
Pets allowed; restrictions may apply
Community of 140 units
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
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
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in Margate. 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
$357,213
$2,687 under list price of $360K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $268K to $400K.