2BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.
Single-familyProperty Type
1983Year Built
$289Price/Sq.Ft.
$352/moHOA Dues
2 spacesParking
Listed by Jack Rainwater• Majestic Realty, LLC
•754-214-8511 (agent)
•jackrainwaterfl@gmail.com (agent)
•954-966-1820 (broker)
•majesticrealtyllc@gmail.com (broker)
Bought with Abdulla Richards• AR1 State of the Art Real Estate, Inc.
Est. $2,602 per month, based on comparable rentals
Sale and tax history for 723 Banks Rd
Sale History
Tax History
Date
Event
Price
MARMLS #A11992007
Jun 11, 2026
Sold
$300,000
$289/sq ft
Apr 30, 2026
Pending
—
Apr 15, 2026
Price Changed
$319,000
$307/sq ft
Mar 30, 2026
Listed
$325,000
$313/sq ft
Public Records
Nov 21, 1992
Sold
$65,000
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,618 (+3.0%)
2024
$1,571 (+3.0%)
2023
$1,525 (+6.0%)
2022
$1,438 (+3.4%)
2021
$1,391 (+2.1%)
2020
$1,363 (+2.5%)
2019
$1,330 (+6.5%)
2018
$1,249 (+1.9%)
2017
$1,226 (+7.7%)
2016
$1,138 (−2.0%)
2015
$1,161
2014
$1,162 (+1.0%)
2013
$1,150 (+2.6%)
2012
$1,121 (+4.6%)
2011
$1,071
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,536 Sq. Ft.
Year renovated
1984
Sq. Ft.
1,038
Year built
1983
Style
Single Family Residential
County
Broward County
APN
484231140250
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
May 2, 2006 • Final
Bd-roof/residential
Replace the roofing material on a sloped roof.
Roofing
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
Parking
Parking
Features: Guest, Two Or More Spaces
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Equipment
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Interior Features
Other Features: Bedroom on Main Level, First Floor Entry, Walk-In Closet(s)
Association Fee Includes: Amenities, Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Parking, Pool(s), Roof, Trash
Association Amenities: Clubhouse, Pier, Pool
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,038
Stories: 1.0
Lot Size: 4,536 square feet
Style: Single Family Residential
Year Built: 1983
Year Renovated: 1984
County: Broward County
APN: 484231140250
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
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
1 days above 106° expected this year, 4 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
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in Margate. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$363,000 – $439,000
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