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.
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