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+9 photosLuxury villa — 725 BANKS Road · Woodlake Isles · Margate
South Florida Luxury Living
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Open property magazine$314,900
725 BANKS Road, Margate, FL 33063
Margate, FL, 33063
2 bd · 2 ba · 1,038 sqft
Listed by First World Realty Group,LLC
725 BANKS Road, Margate, FL 33063
Listed by First World Realty Group,LLC
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Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Estimated monthly payment
$2,533/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $2,533/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesSELLER MOTIVATED! $5,000 CLOSING COST CREDIT! Welcome to this beautifully maintained 2-bedroom, 2-bathroom villa in the desirable Woodlake Isles community! This inviting single-story home features a functional split-bedroom floor plan, vaulted ceilings, an updated kitchen and bathrooms, and a spacious primary suite. Relax on your private patio while enjoying peaceful canal views. Recent upgrades include a brand-new roof and a new high-efficiency tankless water heater. Conveniently located near shopping, dining, major roadways, and everyday essentials. SELLER OFFERING UP TO $5,000 TOWARD BUYER'S CLOSING COSTS WITH AN ACCEPTABLE OFFER, SUBJECT TO LENDER APPROVAL. Don't miss this opportunity! Schedule your private showing today!
Property Details
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Your costs (est.)
≈ $2,533/mo
725 BANKS Road, Margate, FL 33063 · Margate
Location
725 BANKS Road, Margate, FL 33063
What buyers ask about this home
What are the estimated monthly carrying costs at 725 BANKS Road, Margate, FL 33063?+
Property tax (after sale): $547/month est.; homeowners insurance: $0/month est.; HOA: $352/month. Fixed ownership costs before a mortgage: $899/month est. Principal and interest: $1,634/month; PMI: $0/month. Total for the payment scenario shown: $2,533/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 725 BANKS Road, Margate, FL 33063?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 725 BANKS Road, Margate, FL 33063 need flood insurance, and what drives the premium?+
Most of Margate sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 725 BANKS Road, Margate, FL 33063?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 725 BANKS Road, Margate, FL 33063?+
This listing has been on the market 83 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Margate, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Creek High School
High school · 0.8 mi from this home · 1400 Nw 44Th Ave, Coconut Creek
Zone boundaries published by Broward County Public Schools.
Other options for this address
Renaissance Charter School At Coral Springs
Elementary · Charter · Grades PK–8 · Coral Springs
Somerset Preparatory Academy Charter School At North Lauder
Elementary · Charter · Grades PK–8 · North Lauderdale
Somerset Academy Riverside Charter Middle School
Middle school · Charter · Grades 6–8 · Coral Springs
Somerset Preparatory Academy Charter High At North Lauderda
High school · Charter · Grades 9–12 · North Lauderdale
Abundant Life Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Margate
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$314,900 · MLS B26067191
$314,900
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