627 Banks Road 48, Margate, FL 33063

$299,999

Virtual Tour

https://www.propertypanorama.com/627-Banks-Road-Unit-48-Margate-FL-33063--B26043450/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,242 Status: Active

Current Price: $299,999 List Date: 6/20/2026 Last Modified: 7/17/2026

Overview

Description

Welcome to this charming lakefront villa in the highly desirable Woodlake Isles in Margate! This well-maintained residence offers two spacious bedrooms, each with an ensuite bathroom, for added comfort and convenience. Enjoy seamless indoor-outdoor living with both front and rear patios, providing the perfect spaces for relaxing, entertaining, or grilling while surrounded by lush landscaping. Tranquil lake views create a warm and inviting atmosphere throughout the home. Ideally located near schools, shopping, dining, entertainment, and beautiful parks. This villa offers the perfect blend of serenity and convenience. Motivated seller - schedule your private showing today and bring all offers!

Supplements: Upgraded bathrooms and hurricane impact patio sliding doors.

Listing Details MLS# B26043450

General Property Information

Unit Floor #: Yes
Property Sub Type: Villa
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1242
Building Area Source: Public Records
Living Area Main: 1092
Living Area Source: Public Records
Adjusted Area Main: 1149
Accessibility Features YN: No
Year Built: 1982
Parking Total: 2
Gated Community YN: Yes
Lot Size Area: 2160
Lot Size Acres: 0.05
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: No
Year Roof Installed: 2026
LP/Assessed Value: 1.99

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Pool Service; Recreation Facility; Roof Repairs; Trash; Water Dining Area: Dining/Living Room; Snack Bar/Counter Exterior Features: Barbecue; Courtyard; Storage Fireplace Features: Decorative; Electric Flooring: Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Asphalt; Driveway Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Gas Range; Microwave; Oven; Refrigerator; Washer; Water Heater; Wine Refrigerator; Range Water Heater Details: Electric Water Heater Construction Materials: CBS; Stucco Cooling: Central Air Association Type: Homeowner Association Fencing: Partial; Vinyl Heating: Central Interior Features: Bedroom Layout - Split; Storage Laundry Features: In Unit; Laundry Closet Levels: One Listing Terms: Cash; Conventional; Other Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Call Possession: Close Of Escrow Restrictions: Lease Restrictions Roof: Shingle Security Features: Gated - No Guard Sewer: Public Sewer Structure Type: Villa Tax Information: Homestead Exemption Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Water Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Schedule Online Outdoor Living Spaces: Courtyard; Patio Courtyard Details: Courtyard - Open Patio Details: Patio - Covered Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 309900
Occupant Type: Call Listing Agent
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 627
Street Name: Banks
Street Suffix: Road
Unit Number: 48
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4600
Subdivision Name: WOODLAKE ISLES
Area: 3632
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School: Liberty (Broward)
Middle Or Junior School: Margate
High School: Coconut Creek
Special Assessment YN: No
Parcel Number: 484231140122
Subdivision Number: 14
Zoning: R-3
Flood Zone: X

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 353
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Association Name: Woodlake Iles LLC
Association Phone: 954 363-1824
Association Email: apps@loyaltymgmtgroup.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 353
Membership Fee Required YN: No
Tax Annual Amount: 4915.49
Tax Year: 2025
Tax Assessed/SOH Value: 150470
Tax Legal Description: WOODLAKE ISLES 108-5 B PT OF TR A DESC AS COMM SE COR TR A,WLY 118.17,NLY 111.52,WLY 51.95,NLY 38,NE 52,NW 119.50,NE 5.14,NW 101.67,SW 52,SW
Assessor Market Value: 317170

Status Change Information

Major Change Timestamp: 2026-07-17T13:27:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-17T13:27:28Z
Status Change Date: 2026-06-20

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease With Restrictions: Yes

Parking Information

Open Parking Spaces: 2

Co-Ownership

Property Management YN: Yes
Property Management Name: Loyalty Management Group
Property Management Phone: 954 363 1824
Property Management Email: apps@loyaltymgmtgroup.com

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 30

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 274.72

Originating Details

Originating System Key: 20260618210415681771000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes

Amenities

Fishing Pier: Yes
Pool: Yes
Tennis Court(s): Yes

Association Fee Includes

Common Areas: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pool Service: Yes
Recreation Facility: Yes
Roof Repairs: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes
Snack Bar/Counter: Yes

Exterior Features

Barbecue: Yes
Courtyard: Yes
Storage: Yes

Fireplace Features

Decorative: Yes
Electric: Yes

Flooring

Tile: Yes

Parking Features

Asphalt: Yes
Driveway: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

Partial: Yes
Vinyl: Yes

Structure Type

Villa: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Water: Yes

Heating

Central: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Gas Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Wine Refrigerator: Yes
Range: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

Bedroom Layout - Split: Yes
Storage: Yes

Laundry Features

In Unit: Yes
Laundry Closet: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Roof

Shingle: Yes

Security Features

Gated - No Guard: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Call Listing Agent: Yes
Schedule Online: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

2 Master Baths: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Call: Yes

Restrictions

Lease Restrictions: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Courtyard: Yes
Patio: Yes

Courtyard Details

Courtyard - Open: Yes

Patio Details

Patio - Covered: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Engage 100 Realty Group

Last Updated: July - 17 - 2026

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