705 Banks Rd, Margate, FL 33063

Charming Single-Family Home with Lake Views in Margate, Florida!

Discover this inviting single-family home located at 705 Banks Rd in Margate, FL 33063. Built in 1982, this residence offers 2 comfortable bedrooms and 2 full bathrooms within a practical 1,092 sqft of living space. It boasts desirable features such as lakefront views, a single-story design, and a comp shingle roof.

Key Details and Financials:

• Property Type: Single Family (listed as “Single,” but historical records and similar properties indicate it’s within a single-family development like “Woodlake Isles 108-5 B”)
• Bedrooms: 2
• Bathrooms: 2
• Square Footage: 1,092 sqft
• Year Built: 1982
• Estimated Refinance Payment: $2,661/mo
• Asking Price: $260,000
• HOA Fees: This property has HOA fees. Historical data shows $508/quarterly (equivalent to approximately $169/month), and other nearby units show fees ranging from $21/month to $368/month. It’s crucial to verify the exact current HOA fees and what they cover (e.g., common areas, insurance, roof, pest control, pool, trash, lawn maintenance) with the association directly.