Google satellite image for 725 Banks Rd #725, Margate, FL 33063

Off Market Sep 2023 for $350K

$338,583

•

1,038

sq ft

725 Banks Rd #725, Margate, FL 33063

About this home

This great 2 bedroom 2 bath waterfront villa is located in Woodlake Isles, one of the best kept secrets in Broward County. Newer kitchen and bathrooms. Tankless hot water heater. Spacious with a wonderful screened in patio that overlooks the lake. No rear neighbors! Woodlake Isles is a pet friendly community that offers a remodeled clubhouse, boat dock, 2 heated pools, tennis courts and gazebo with a lake view. Low maintenance fee covers exterior HO3 Insurance, so only HO6 policy is needed, exterior paint and roof repairs. Fee Simple so VA and FHA are welcome. Great starter home in a very well maintained community.

Single-familyProperty Type

1983Year Built

$326Est. Price/Sq.Ft.

725 spacesParking

Listed by Albert Charmelo • EXP Realty LLC

Bought with Nicles Destin • MAX Realty Services Inc.

Redfin checked: a minute ago

•Source:Beaches MLS #F10392414

Redfin Estimate

$338,583

$11K since sold in September 2023$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.5% higher than the average sale price ($296K) of 6 comparable homes.

SOLD JUL 30, 2026
$319,000
A
2 beds2 baths1,064 sq ft
719 Banks Rd #719, Margate, FL 33063
SOLD JUN 11, 2026
$300,000
B
2 beds2 baths1,038 sq ft
723 Banks Rd, Margate, FL 33063
SOLD AUG 25, 2026
$295,000
C
2 beds2 baths1,092 sq ft
627 Banks Rd #48, Margate, FL 33063
SOLD JUL 6, 2026
$294,000
D
2 beds2 baths1,064 sq ft
795 Banks Rd, Margate, FL 33063
SOLD JUN 30, 2026
$268,000
E
2 beds2 baths990 sq ft
617 Banks Rd #617, Margate, FL 33063
SOLD MAY 29, 2026
$299,000
F
2 beds2 baths1,092 sq ft
653 Banks Rd, Margate, FL 33063

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Earn from this home

Sell

$52,064

Est. take-home

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Rent

$2,689/mo

Redfin rental estimate

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Market trends in 33063, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.1%

0.1% MoM

Median sale price

$308K

$15K MoM

Avg. days on market

103d

7 days MoM

Recently sold homes

184

14 MoM

New listings for sale

NEW 16 HRS AGO
$340,000
3 beds2.5 baths1,574 sq ft
4755 NW 30th St, Coconut Creek, FL 33063
(954) 304-4519
$359,000
3 beds2.5 baths1,444 sq ft
4698 NW 30th St, Coconut Creek, FL 33063
$107,000
1 bed2 baths850 sq ft
1470 NW 80th Ave Apt 204, Margate, FL 33063
EARLY ACCESS
$95,000
1 bed2 baths720 sq ft
6870 Royal Palm Blvd Unit 209M, Margate, FL 33063
$194,999
2 beds2 baths963 sq ft
3350 Pinewalk Dr N #1411, Margate, FL 33063
$85,000
2 beds2 baths990 sq ft
7200 NW 5th Pl #203, Margate, FL 33063
$169,000
2 beds1 bath990 sq ft
400 NW 65th Ave #120, Margate, FL 33063
(954) 450-2000
$100,000
2 beds2 baths970 sq ft
6570 Royal Palm Blvd Unit 302J, Margate, FL 33063
(954) 450-2000
$130,000
2 beds2 baths930 sq ft
7807 Golf Cir Dr #104, Margate, FL 33063
(305) 392-1497
$620,000
3 beds2 baths1,544 sq ft
6064 NW 16th Ct, Margate, FL 33063
(561) 247-2593
See all

Provided by Redfin

Sale history for 725 Banks Rd #725

Date

Event

Price

Beaches MLS #F10513332

Jul 3, 2026

Listing Removed

—

Jul 3, 2025

Listed

$365,000

$352/sq ft

Beaches MLS #F10392414

Sep 27, 2023

Sold

$350,000

$337/sq ft

Jul 25, 2023

Listed

$350,000

$337/sq ft

Beaches MLS #F10090368

Nov 30, 2017

Sold

$180,000

$173/sq ft

Oct 19, 2017

Listed

$175,000

$169/sq ft

Fee Simple Home Ownership under $200K - RUN and come see because this home will go fast! All Age Community of Woodlake Isles, 2/2 villa overlooking lake with screened patio. 2016 Renovations include: New accordian shutters on patio slider, remodeled bathroom, new washer/dryer, new lighting fixtures and ceiling fans. 2 assigned parking spots. Community offers clubhouse , 2 swimming pools and tennis court all for $170 per month. Bring your electric boat or kayak...this is a great place to call home!

Beaches MLS #F1355027

Apr 5, 2016

Sold

$135,000

$130/sq ft

Feb 8, 2016

Listed

$127,500

$123/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Broward County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 3, 2026.

Property details

Parking

Parking Information
Parking Total: 725.0
Parking Features: Assigned, Guest

Interior

Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2
Main Level Bathrooms: 2

Bedroom Information
Main Level Bedrooms: 2

Interior Features
Interior Features: Vaulted Ceiling(s)
Appliances: Electric Water Heater, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator
Flooring: Ceramic Tile
Window Features: Other
Door Features: French Doors

Exterior

Building Information
Stories Total: 1
Building Area Total: 1,188
Construction Materials: Block

Exterior Features
Patio And Porch Features: Patio
Fencing: Fenced
Entry Location: First Floor Entry,French Doors,Vaulted Ceilings
Entry Level: 1

Property Information
Property Sub Type: Villa
Structure Type: Villa
Property Condition: Resale, Updated/Remodeled
Security Features: Other
Living Area: 1,038

Lot Information
Waterfront YN: Yes
Waterfront Features: None

Financial

Tax Information
Tax Annual Amount: $4,460
Tax Assessed Value: 234000
Tax Year: 2022
Parcel Number: 484231140251

Land Lease Information
Land Lease Amount: 0.0
Land Lease YN: No

Utilities

Utility Information
Utilities: Cable Available

Heating & Cooling
Has Heating
Heating: Central, Electric
Has Cooling
Cooling: Central Air, Ceiling Fan(s), Electric

Location

Multi-Family Financial Information
Pets Allowed: Yes, Number Limit, Size Limit

HOA Information
Has Association
Association Amenities: Pool, Community Room
Association & Fees: HOA Amt (Monthly): 228
Association Fee Payment Frequency: Monthly
Association Fee Includes: Maintenance Grounds, Maintenance Structure, Common Areas, Recreation Facility, Pool Service

Location Information
Direction Faces: West
Directions: Atlantic Avenue to Banks Road just west of Turnpike to Woodlake Isles. Right at clubhouse to the property on the right.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Broward County
APN: —

Home facts updated by county records on Aug 3, 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

2 days above 106° expected this year, 7 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)

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 19% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

7.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$322,000 – $390,000

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Nearby similar homes

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New listings for sale in 33063

NEW 16 HRS AGO

$340,000

3 beds2.5 baths1,574 sq ft

4755 NW 30th St, Coconut Creek, FL 33063

(954) 304-4519

$359,000

3 beds2.5 baths1,444 sq ft

4698 NW 30th St, Coconut Creek, FL 33063

$107,000

1 bed2 baths850 sq ft

1470 NW 80th Ave Apt 204, Margate, FL 33063

EARLY ACCESS

$95,000

1 bed2 baths720 sq ft

6870 Royal Palm Blvd Unit 209M, Margate, FL 33063

$194,999

2 beds2 baths963 sq ft

3350 Pinewalk Dr N #1411, Margate, FL 33063

$85,000

2 beds2 baths990 sq ft

7200 NW 5th Pl #203, Margate, FL 33063

$169,000

2 beds1 bath990 sq ft

400 NW 65th Ave #120, Margate, FL 33063

(954) 450-2000

$100,000

2 beds2 baths970 sq ft

6570 Royal Palm Blvd Unit 302J, Margate, FL 33063

(954) 450-2000

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2 beds2 baths930 sq ft

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Home values near 725 Banks Rd #725

Data from public records.

Address	Redfin Estimate
727 Banks Road Unit 98, Margate, FL 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$357,868
723 Banks Road, Margate, FL 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$381,947

Address	Redfin Estimate
729 Banks Road, Margate, FL 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$325,955
725 Banks Road, Margate, FL 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$320,312

Address	Redfin Estimate
731 Banks Road Unit 100, Margate, FL 2 Beds \| 2 Baths \| 1109 Sq. Ft.	$398,525
745 Banks Road, Margate, FL 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$266,370

Property information provided by Beaches MLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33063, FL

Sale history for 725 Banks Rd #725

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33063

Home values near 725 Banks Rd #725

More real estate resources