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723 Banks RdMargate, FL 33063

Pending

$319,000

Smart Buyer Rebate $2,975

2BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.

Listed by Jack Rainwater

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License #3525578

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Majestic Realty, LLC

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754-214-8511

Last updated April 30, 2026

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Source: MIAMIRE #A11992007

Listing Facts

  • TypeSingle-family
  • NeighborhoodMargate
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu31
  • HOA/Maint. Fees$1,057/quarter
  • Taxes$1,618/year
  • Size1,038 sqft
  • Price per sqft$307

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

04/30/2026
Status changed to Pending
$319,000
04/15/2026
Price Decreased
$319,000
03/30/2026
Listed by Majestic Realty, LLC
$325,000

Property Details for 723 Banks Rd

Association

Amenities

  • Association Amenities: Clubhouse-Clubroom, Fishing Pier, Other, Pool
  • Pets Allowed: Yes

Fees

  • Association Fee: $1,057.00 Quarterly
  • Association Fee Includes: All Amenities, Common Area, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Parking, Pool Service, Roof Repairs, Trash Removal

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 1
  • Structure Type: Villa Fee Simple, Villa
  • Year Built: 1983
  • Year Built Details: Effective Year Built
  • Architectural Style: Corner Unit
  • Building Name: WOODLAKE ISLES
  • Construction Materials: CBS Construction
  • Entry Level: 1
  • Exterior Features: Courtyard

Features

  • Patio And Porch Features: Patio, Screened Porch
  • View: Garden View, Lake
  • Waterfront Features: Lake, Lake Access
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,234
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 484231140250
  • Tax Annual Amount: $1,618.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Other
  • Interior Features: First Floor Entry, Walk-In Closet(s)

Measurements

  • Living Area: 1,038
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: WOODLAKE ISLES

Parking

Parking

  • Parking Features: 2 Or More Spaces, Guest

Schools

Elementary School

  • Elementary School: Liberty

High School

  • High School: Coconut Crk High

Middle or Junior School

  • Middle Or Junior School: Margate Middle

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 2 bedrooms and 2 bathrooms in this single-family home at 723 Banks Rd.

What schools are nearby to 723 Banks Rd?

Nearby schools include the Liberty Elementary School, Margate Middle, and Coconut Crk High.

What are the annual taxes for 723 Banks Rd?

Annual taxes for this single-family home are estimated at $1,618.

How does 723 Banks Rd compare to other single-family homes in Margate?

This single-family home is listed 30% below the average price for single-family homes in Margate and has been on the market for 70 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the WOODLAKE ISLES building.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,038 sqft.

723 Banks Rd is a 2-bedroom, 2-bath single-family home for sale in Margate FL 33063. Available on Prevu for 31 days at $319,000. This includes a recent price decrease of $6,000. This residence features 1,038 square feet of living space, located in Margate. The median listing price for single-family homes in this area is $180,000. Nearby schools include Liberty Elementary School, Margate Middle, and Coconut Crk High. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Browse more single-family home listings in Florida.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.