Atlantic Luxury Advisors
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22 photos

611 Banks

Margate, FL 33063

$335,500
2
2
1,064 sq ft
3,202 sq ft
1981
$353/mo
Yes
Yes
21
Active

Listing courtesy of United Realty Group, Inc (Nestor R Franzese). Contact: [email protected].

About this home

Beautifully updated lakefront villa in the heart of Margate, Florida! This move-in-ready home features a new roof (2026), new A/C system,NEW Dryer & Washer, accordion hurricane shutters, and tile flooring throughout—no carpet. The bright, open floor plan flows to a private patio overlooking a peaceful lake, creating the perfect space to relax or entertain. Conveniently located near shopping, dining, parks, golf courses, medical facilities, and major highways, this home offers easy access throughout Broward County. A wonderful opportunity for anyone seeking a low-maintenance, waterfront home in South Florida with modern updates and an unbeatable location. Schedule your private showing today! PLEASE USE SHOWING TIME FOR APPOINTMENT

What it costs to own
Estimated monthly payment
$2,743/mo
Principal and interest
$1,696
Property tax
$486
Homeowners insurance
$208
HOA
$353

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$5,833/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$353/mo (from the listing)
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.