When was property at 643 Banks Road built and last sold?

The property at 643 Banks Road was built in 1982 and last sold on Nov 9, 1999 for $81,000.

How much is this home worth?

The estimated value of the home located at 643 Banks Road is $304,903.

What are some comparable homes to 643 Banks Road?

There are currently no comparable homes to 643 Banks Road.

Margate

33063

Woodlake Isles

643 Banks Road

Sold on Jul 3, 2025

Map

$285,000

● House - Off Market

643 Banks Road

Margate, FL 33063

2 Beds

2 Baths

1,092 Ft²

$2,745

Est. Monthly

$1,156

HOA / Fees

6.00%

Cap Rate

About This Property

Charming 2 bed, 2 bath villa in the heart of Margate with serene lake views. Enjoy spacious bedrooms and bathrooms, offering plenty of room to relax and unwind. With a little creativity and vision, this home has endless potential to become your dream retreat. Conveniently located near shopping, dining, and major roads-don't miss this great opportunity!

Unit Size

1,092 Ft²

Days on Market

62 days

Land Size

Price per sqft

$275

Property Type

House

Property Taxes

$115

HOA Dues

$1,156

Year Built

1982

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10500355)

Price History

Date / Event	Date	Event
Jul 3, 2025	Sold	Premium
Sold
May 15, 2025	In contract	-
In contract
May 2, 2025	Listed by Douglas Elliman	$300,000
Listed by Douglas Elliman
Nov 9, 1999	Sold	Premium
Sold
Feb 1, 1987	Sold	Premium
Sold

Property Highlights

Elevator

Air Conditioning

Building Info

Overview

General

Year Built: 1982

Effective Year Built: 1983
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: 2,312

Total Building Area: 1,242
Gross Building Area: 1,242
Building Area: 1,092
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,092
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: 0000000053
Standard Land Use Code: 1002
County Land Use Code: 01-04
State Land Use Code: 01
Legal Description 1: WOODLAKE ISLES 108-5 B PT TR A DESC AS COMM AT SE COR TR A,W 118.17,N 111.52,WLY 51.95 N 38,NE 52,NW 119.5,NE 5.14,NWLY 101.67,SW 52,SW 31.28,NW 15,NELY 72.05,NW 14.31,NW 302.91,NW 14.13,NW 62.72,NW 74.06,NW 130.07,SW 5.45,NW 252,SW 6.41,SW 24.47,NW

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: 48-42-31-14-0142
Lot: 56
Meridian: SEC 31 TWN 48S RNG 42E
Municipality: MARGATE
Latitude: 26.2416
Longitude: -80.1982

Address

Full Address: 643 Banks Rd

Address - House Number: 643
Address - Street Name: Banks
Address - Suffix Type: Rd
State: FL
City Name: Margate
Carrier Code: C040
4-Digit Zip Code: 4652
Zip Code: 33063

Valuation

Tax

Total Area: 1,149

Tax Year: 2023
Tax Amount: $134,065
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.1985

Valuation Date: Feb 21, 2024
Confidence Score: 73
Final Value: 379,076
High Value: 454,333
Low Value: 303,820

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $279,070

Market Land Value: $18,500
Market Improvement Value: $260,570

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $92,430

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 09, 1999

Current Sale Recording Date: Nov 09, 1999
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Feb 01, 1987
Previous Sale Contract Date: Feb 01, 1987
Previous Sale Amount: $40,714
Previous Sale Document Type: 68

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

Request mortgage information redaction

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

Nearby Rentals

Unit for rent at 7400 Kimberly Boulevard, North Lauderdale, FL, 33068

$2,150 /mo

3 Beds
2 Baths
1,150 ft²

7400 Kimberly Boulevard #202A, North Lauderdale, FL, 33068 Listing by Shalom Mansour

Unit for rent at 6650 Royal Palm Boulevard, Margate, FL, 33063

$2,200 /mo

2 Beds
1 Bath
790 ft²

6650 Royal Palm Boulevard #104C, Margate, FL, 33063 Listing by Sharica Y Black

Unit for rent at 3499 Oaks Way, Pompano Beach, FL, 33069

$1,900 /mo

2 Beds
2 Baths
1,216 ft²

3499 Oaks Way #607, Pompano Beach, FL, 33069 Listing by Chely R Nieves

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Daniela Ferreyros
Douglas Elliman
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10500355

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.