For sale
$359,900
Est. $3,119/mo —
2
bd
•
2 ba
•
1,092
sq ft

705 Banks Rd, Margate, FL 33063

map-entry

About this home

Single-familyProperty Type
1982Year Built
3,048 sq ftLot Size
$330Price/Sq.Ft.
$352/moHOA Dues
2 spacesParking
Listed by Ken Picinich • Merit Realty, Inc.
Listing updated:
Redfin checked: a minute ago
•Source:Beaches MLS #B26079936
18 days on Redfin • 103 views • 1 favorites

Payment calculator

$3,119 per month

Principal and interest$2,013
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($71,980)
Home price
$359,900
Loan details
30-yr fixed, 7.5%
5 minutes to get started. No credit impact. 

See this home in person

Open houses
No upcoming open houses.

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

Market insights

705 Banks Rd · $359,900
DAYS ON MARKET
19 days
The average home goes pending in 71 days.
SALE-TO-LIST
96.6%
Most homes are selling 3% below list price.
LIST PRICE
$359,900
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

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

Living

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

Sale and tax history for 705 Banks Rd

Public record

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.

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.

More resources

Rental earnings

Est. $2,764 per month, based on comparable rentals

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GreatSchools Ratings provided by GreatSchools.org.