When was property at 645 Banks Road built and last sold?

The property at 645 Banks Road was built in 1982 and last sold on Feb 16, 2024 for $375,000.

How much is this home worth?

The estimated value of the home located at 645 Banks Road is $372,907.

What are some comparable homes to 645 Banks Road?

There are currently no comparable homes to 645 Banks Road.

Margate

33063

Woodlake Isles

645 BANKS Road

Map

$375,000

● House - For Sale

645 BANKS Road

Margate, FL 33063

2 Beds

2 Baths

1,202 Ft²

$2,773

Est. Monthly

$353

HOA / Fees

4.01%

Cap Rate

About This Property

Beautifully Updated 2-Bedroom, 2-Bath Villa in the Well-Maintained Woodlake Isles Community! Enjoy breathtaking waterfront views from your private deck and from the extended patio, creating a peaceful retreat and making this home truly unique. Recent upgrades include a brand-new roof, impact-resistant windows and doors throughout, a one-year-old A/C system, and newer appliances. This charming villa offers the perfect combination of comfort, modern updates, and serene waterfront living. A rare opportunity you don't want to miss!

Unit Size

1,202 Ft²

Days on Market

10 days

Land Size

0.07 acres

Price per sqft

$312

Property Type

House

Property Taxes

$578

HOA Dues

$353

Year Built

1982

Listed By

Mahmud Al Rahman

[email protected]

Rahman Realty LLC

Payment Calculator

Cap Rate Calculator

Last updated: 9 days ago (Beaches MLS #B26095474)

Price History

Date / Event	Date	Event
Nov 2, 2026	Listed by CENTURY 21 Tenace Realty	$375,000
Listed by CENTURY 21 Tenace Realty
Mar 4, 2024	Sold	Premium
Sold
Jan 22, 2024	In contract	-
In contract
Jan 10, 2024	Listed by CENTURY 21 Tenace Realty	$385,000
Listed by CENTURY 21 Tenace Realty
Nov 19, 2023	No longer available	-
No longer available
Nov 18, 2023	Relisted	$240,000
Relisted
Nov 18, 2023	No longer available	-
No longer available
Oct 13, 2023	Sold	Premium
Sold
Oct 9, 2023	Listed by CENTURY 21 Tenace Realty	$335,999
Listed by CENTURY 21 Tenace Realty
Oct 4, 2022	Sold	Premium
Sold
May 11, 1999	Sold	Premium
Sold
Feb 1, 1988	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

Rooms: 3

Exterior Details

Square Footage: 1202

Square Footage Source: $0

Property Condition: Resale

Architectural Style: A-Frame, Ranch

Year Built: 1982

Waterfront Features: Lake Front

Building Area Total: 1242

Levels: One

Window Features: Other

Construction Materials: Block, Stucco, CBSConcreteBlockStructure

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: $316,210

Tax Annual Amount: $6,941

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: 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: 12
Porch Type: 36
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,068

Total Building Area: 1,242
Gross Building Area: 1,242
Building Area: 1,202
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,202
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: 0000000116
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 SE COR TR A NW 118.17,NLY 111.52,NW 51.95, NLY 38,NE 52,NW 119.50,NE 5.14, NW 101.67,SW 52,SW 31.28,NW 15, NE 72.05,NW 14.31 NW 302.91,NW 14.13,NW 62.72,NW 74.06,NW FOR 130.07,SW 5.45,NW 252,SW 6.41,SW 24.4

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: 48-42-31-14-0143
Lot: A
Meridian: SEC 31 TWN 48S RNG 42E
Municipality: MARGATE
Latitude: 26.2417
Longitude: -80.1982

Address

Full Address: 645 Banks Rd

Address - House Number: 645
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: 1,185

Tax Year: 2023
Tax Amount: $175,514
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.0838

Valuation Date: Mar 20, 2024
Confidence Score: 93
Final Value: 364,709
High Value: 395,307
Low Value: 334,112

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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Market Valuation

Market Total Value: $309,100

Market Land Value: $40,540
Market Improvement Value: $268,560

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $309,100
Assessed Land Value: $40,540
Assessed Improvements Value: $268,560

Sales

Current Sale Contract Date: Feb 16, 2024

Current Sale Recording Date: Mar 04, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 119427195
Previous Sale Recording Date: Oct 13, 2023
Previous Sale Contract Date: Sep 26, 2023
Previous Sale Amount: $240,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Due Date:

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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:

$319,000

Sale Price/ft²

$300

Below Asking

0.04%

Average Days on Market

146

Average Home Size

1095 ft²

Average Home Age

43.4 years

Currently For Sale

8 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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Listed by: Mahmud Rahman
CENTURY 21 Tenace Realty
Last Updated: 9 days ago
Data Source: Beaches MLS, MLS# B26095474

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.