When was property at 703 Banks Road built and last sold?

The property at 703 Banks Road was built in 1982 and last sold on Jul 1, 2016 for $168,000.

How much is this home worth?

The estimated value of the home located at 703 Banks Road is $0.

What are some comparable homes to 703 Banks Road?

There are currently no comparable homes to 703 Banks Road.

Margate

33063

Woodlake Isles

703 Banks Road #0

Sold on Jul 27, 2016

Map

$168,000

● House - Off Market

703 Banks Road #0

Margate, FL 33063

2 Beds

2 Baths

1,208 Ft²

$295,868

RealtyHop Estimate

69.16%

Since Aug 1, 2016

National-US

Primary Model

About This Property

Fantastic rarely available lake front villa in one of the best communities in Margate. Oversized rooms with voulted ceilings and floor to ceiling sliding doors in each room. Huge waterfront patio with storage. Washer dryer in unit. Freshly painted walls and ceilings. Brand new solid wood kitchen with Maytag stainless steel appliances and granite counter tops. Great place for kids and small pets. 2 parking spots right outside. Can rent right away but only 3 times in life time This villas sell really fast.

Unit Size

1,208 Ft²

Days on Market

36 days

Land Size

Price per sqft

$145

Property Type

House

Property Taxes

$211

HOA Dues

$161

Year Built

1982

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10017750)

Price History

Date / Event	Date	Event
Jul 18, 2024	Sold	Premium
Sold
Jun 25, 2024	In contract	-
In contract
Jun 5, 2024	Price Decreased	$350,000 ↓ $19K (5.2%)
Price Decreased
May 27, 2024	Listed	$369,000
Listed

	2-bed, 2-bath lakefront villa in Woodlake Isles has a large open floor plan with vaulted ceilings. Kitchen features shaker cabinets, granite countertops, and S/S appliances. Both bedrooms have en-suite baths, with the primary bathroom featuring an updated bathroom and large shower. Primary suite offers a front fenced patio. Tile floors thru-out and relax on your large private screened patio overlooking the lake. Woodlake Isles, a pet-friendly community, amenities including a clubhouse, 2 heated pools, tennis courts, sauna, and much more, HOA-covered roof maintenance. Accordion shutters protect all windows and doors 2 parking spaces, close proximity to shops and highways. Special financing available. No money down and No PMI for qualified buyers. Price is firm. Priced to sell.
Jul 1, 2016	Sold	Premium
Sold
May 13, 2016	Sold	Premium
Sold

Property Highlights

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: 0
Porch Type: 36
Pool Type: 0

Dimensions

Lot Size Square Feet: 2,200

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,COMM SE
Land Acres: 0000000051
Standard Land Use Code: 1002
County Land Use Code: 01-04
State Land Use Code: 01
Legal Description 1: WOODLAKE ISLES 108-5 B,COMM SE COR TR A,W 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,NWLY 74.06,NW 130.07,SW 5.45,NW 252,SW 6.41,SW 24.47,NW 38,NE 24.13,NW,N

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: 48-42-31-14-0222
Block: A
Lot: 86
Meridian: SEC 31 TWN 48S RNG 42E
Municipality: MARGATE
Latitude: 26.2425
Longitude: -80.1965

Address

Full Address: 703 Banks Rd

Address - House Number: 703
Address - Street Name: Banks
Address - Suffix Type: Rd
State: FL
City Name: Margate
Carrier Code: C040
4-Digit Zip Code: 4653
Zip Code: 33063

Valuation

Tax

Total Area: 1,149

Tax Year: 2023
Tax Amount: $273,767
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.1985

Valuation Date: Feb 21, 2024
Confidence Score: 73
Final Value: 366,843
High Value: 439,671
Low Value: 294,015

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 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: $277,850

Market Land Value: $17,600
Market Improvement Value: $260,250

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $157,760

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 01, 2016

Current Sale Recording Date: Jul 01, 2016
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: May 13, 2016
Previous Sale Contract Date: May 03, 2016
Previous Sale Amount: $135,104
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:

$299,999

Sale Price/ft²

$275

Below Asking

0.06%

Average Days on Market

115

Average Home Size

1077 ft²

Average Home Age

43.5 years

Currently For Sale

13 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 605 Oaks Drive, Pompano Beach, FL, 33069

$2,450 /mo

2 Beds
2 Baths
1,064 ft²

605 Oaks Drive #304, Pompano Beach, FL, 33069 Listing by David Mohabir

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

$3,000 /mo

3 Beds
3 Baths
1,620 ft²

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

Unit for rent at 4200 Oaks Terrace, Pompano Beach, FL, 33069

$2,300 /mo

2 Beds
2 Baths
1,112 ft²

4200 Oaks Terrace #104, Pompano Beach, FL, 33069 Listing by Natalia Hunter PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Basia Armenta
LoKation
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10017750

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.