705 Banks Road

Margate, FL 33063

$359,900

$330/ft²

2Beds

2Baths

1,092Sq ft

1982Year built

HomeType

About this home

Discover this stunning townhouse nestled in a highly sought-after Margate community, with lake views from the main living areas. The open-concept kitchen features sleek stainless-steel appliances and generous countertop space, flowing seamlessly into a bright living and dining area perfect for entertaining guests. Elegantly remodeled bathrooms feature contemporary colors and finishes, elevating the home's sophistication. The home includes two designated parking spaces and lush outdoor areas for relaxing and enjoying serene water views. With convenient access to parks, shops, and top schools, this home is an ideal retreat for a relaxed, comfortable lifestyle. Woodlake Isles HOA completed new roofs and new parking lot asphalt in the 1st quarter of 2026!

Features

Waterfront

Property details

Listing

MLS #: B26006143
Status: For sale
Listed on: Mar 24, 2026
Days on market: 138 days
Listing data updated: Aug 3, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,092 ft²
Price per ft²: $330/ft²

Building & community

Type: Home
Year built: 1982
HOA fee: $352/mo
County: Broward

Lot & exterior

Lot size: 3,048 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,820
Property taxes (est.): $330
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $352

Estimated total$2,819*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?