Atlantic Luxury AdvisorsKeller Williams Realty Services

14 photos

725 Banks Rd

Margate, FL 33063

$314,900
2
2
1,038 sq ft
2,795 sq ft
1983
$352/mo
Yes
82
Active

Listing courtesy of First World Realty Group,LLC. Contact: 954-457-0114.

About this home

SELLER MOTIVATED! $5,000 CLOSING COST CREDIT! Welcome to this beautifully maintained 2-bedroom, 2-bathroom villa in the desirable Woodlake Isles community! This inviting single-story home features a functional split-bedroom floor plan, vaulted ceilings, an updated kitchen and bathrooms, and a spacious primary suite. Relax on your private patio while enjoying peaceful canal views. Recent upgrades include a brand-new roof and a new high-efficiency tankless water heater. Conveniently located near shopping, dining, major roadways, and everyday essentials. SELLER OFFERING UP TO $5,000 TOWARD BUYER'S CLOSING COSTS WITH AN ACCEPTABLE OFFER, SUBJECT TO LENDER APPROVAL. Don't miss this opportunity! Schedule your private showing today!

Virtual tour
What it costs to own
Estimated monthly payment
$2,596/mo
Principal and interest
$1,592
Property tax
$452
Homeowners insurance
$200
HOA
$352

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
$5,424/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$352/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your 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
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.