When was property at 611 Banks Road built and last sold?

The property at 611 Banks Road was built in 1981 and last sold on Jun 1, 1992 for $57,000.

How much is this home worth?

The estimated value of the home located at 611 Banks Road is $338,578.

What are some comparable homes to 611 Banks Road?

There are currently no comparable homes to 611 Banks Road.

Margate

33063

Woodlake Isles

611 Banks Road

Map

$335,500

↓ $14K (4.1%)

● House - For Sale

611 Banks Road

Margate, FL 33063

2 Beds

2 Baths

1,064 Ft²

$2,069

Est. Monthly

$353

HOA / Fees

About This Property

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

Unit Size

1,064 Ft²

Days on Market

50 days

Land Size

0.07 acres

Price per sqft

$315

Property Type

House

Property Taxes

$68

HOA Dues

$353

Year Built

1981

Listed By

Ruben Franzese

[email protected]

United Realty Group Inc

Payment Calculator

Cap Rate Calculator

Last updated: 29 days ago (Beaches MLS #B26069409)

Price History

Date / Event	Date	Event
Sep 18, 2026	Price Decreased	$335,500 ↓ $15K (4.1%)
Price Decreased
Aug 28, 2026	Listed by United Realty Group, Inc	$349,999
Listed by United Realty Group, Inc
Jun 1, 1992	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Parking Details

Has Open Parking

Parking Features: Assigned, Asphalt, Open

Interior Details

Full Bathrooms: 2

Interior Features: Eat-in Kitchen, High Ceilings, Other, Storage, Vaulted Ceiling(s), Walk-In Closet(s), LivingDiningRoom

Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater

Flooring Type: Tile

Laundry Features: Washer Hookup, Electric Dryer Hookup

Exterior Details

Square Footage: 1064

Square Footage Source: $0

Property Condition: Resale

Architectural Style: A-Frame, Ranch

Year Built: 1981

Waterfront Features: Lake Front

Building Area Total: 1242

Levels: One

Window Features: Other

Construction Materials: Block, Stucco

Pool Features: Association

Lot Features: LessThanQuarterAcre

Lot Size Area: 3049.2

Lot Size Units: Square Feet

Lot Size Acres: 0.07

Lot Size Square Feet: 3049.2

Water Source: Public

Financial Details

Tax Assessed Value: $94,320

Tax Annual Amount: $814

Utilities Details

Cooling Type: Central Air, Ceiling Fan(s), Other

Heating Type: Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Maintenance Grounds, Pest Control, Trash, CommonAreas, Pools, RecreationFacilities, Roof

HOA/Condo/Coop Amenities: Maintenance, Other, Pool, Parking

HOA Fee: $353

HOA Fee Frequency: Monthly

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 1982
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 35
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 79
Porch Type: 36
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,202

Total Building Area: 1,242
Gross Building Area: 1,242
Building Area: 1,064
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,064
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WOODLAKE ISLES 108-5 B
Land Acres: 0000000074
Standard Land Use Code: 1002
County Land Use Code: 01-04
State Land Use Code: 01
Legal Description 1: WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,WLY 118.17,NLY 111.52 WLY 51.95,NLY 38,NELY 52,NWLY 119.50,NELY 5.14,NWLY 101.67, SWLY 52,SWLY 31.28,NWLY 15,NELY 72.05,NWLY 14.31,NWLY 309.91 NWLY 14.13,NWLY 62.72 TO P/C, NWLY 74.06,

Neighborhood

School District Name: Broward County School District

Census Tract: 020103

Zoning

Zoning: R-3

Geography

Assessors Map Reference: 79

District: 1212
Subdivision Tract Number: A
Parcel: 48-42-31-14-0103
Block: A
Lot: 40
Meridian: SEC 31 TWN 48S RNG 42E
Municipality: MARGATE
Latitude: 26.2413
Longitude: -80.1971

Address

Full Address: 611 Banks Rd

Address - House Number: 611
Address - Street Name: Banks
Address - Suffix Type: Rd
State: FL
City Name: Margate
Carrier Code: C040
4-Digit Zip Code: 4600
Zip Code: 33063

Valuation

Tax

Total Area: 1,141

Tax Year: 2023
Tax Amount: $78,644
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.1734

Valuation Date: Feb 21, 2024
Confidence Score: 77
Final Value: 392,724
High Value: 460,845
Low Value: 324,603

Market Valuation

Market Total Value: $284,300

Market Land Value: $25,620
Market Improvement Value: $258,680

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $89,270

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 01, 1992

Current Sale Recording Date: Jun 01, 1992
Current Sale Price:

Premium
Current Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Woodlake Isles

Stats & Trends

Median Asking:

$309,500

Sale Price/ft²

$287

Below Asking

0.05%

Average Days on Market

Average Home Size

1076 ft²

Average Home Age

43.5 years

Currently For Sale

12 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Unit for rent at 4240 Oaks Terrace, Pompano Beach, FL, 33069

$3,000 /mo

3 Beds
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1,620 ft²

4240 Oaks Terrace #103, Pompano Beach, FL, 33069 Listing by Mahriah Leela Tucker

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Listed by: Nestor R Franzese
United Realty Group, Inc
Last Updated: 29 days ago
Data Source: Beaches MLS, MLS# B26069409

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.