$230,000
SOLD NOV 12, 2024

671 Banks Rd Unit 70 Margate, FL 33063

2 Beds
2 Baths
1,092 Sq Ft
2,831 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

8% Below List Price

75 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Screened Porch
  • Heated Pool
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of November 2024

Fantastic Opportunity to Buy With EQUITY. Woodlake Isles is a Pet Friendly Community that Offers a Remodeled Clubhouse, Boat Dock, 2 Heated Pools, Tennis Courts and Gazebo with a Lake View. The Low Maintenance Fee Covers Exterior Painting and Roof Repairs, HO3 Insurance, so Only HO6 Policy is Needed. This One Story Corner Villa has Complete Accordion Shutters, Porcelain Tile on All Floors, Beautiful Wide Water View from Screened Patio and Two Dedicated Parking Spaces. It is NOT A CONDO, This is a Fee Simple Villa. A/C Needs to be Replaced, Mildew Present in Kitchen Needs Remediation, Kitchen Needs Rehab. Golden Opportunity to Own a Corner Unit with Tremendous Possibilities in a Very Well Maintained Community. Post Occupancy Needed. OK to Lease Immediately.

Last Agent to Sell the Property

Vincent Gubitosi

RE/MAX Direct License #3093711

RE/MAX Direct

Last Buyer's Agent

Vincent Gubitosi

RE/MAX Direct License #3093711

RE/MAX Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • Northwest Facing Home

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Villa
  • Property Attached
  • Fixer Upper

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Impact Glass

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Heated Pool
  • Patio
  • Exterior Lighting

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484231140180
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include amenities, common areas, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof
  • Woodlake Isles Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1982

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Banks Rd, South of Coconut Creek Pkwy, to Woodlake Isles Entrance on West Side. Go to End of the Street and Make your 4th Right. Corner Unit on Left Side
  • Year Built: 1982
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1092.0
  • Dining Room Type: Other
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Enclosed Porch, Patio, Storm/Security Shutters
  • View: Garden, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale, Fixer

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces

Utilities

  • Security: Complex Fenced
  • Green Building Features: Exterior Lighting
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 283.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof

Lot Info

  • Parcel #: 484231140180

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1377.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $349,900 +52.1% $320 / Sq Ft
11/12/2024 11/12/24 Sold $230,000 -8.0% $211 / Sq Ft
08/29/2024 08/29/24 For Sale $250,000 -- $229 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,421 $296,210 $22,620 $273,590
2024 $1,377 $94,120 -- --
2023 $1,377 $91,380 $0 $0
2022 $1,296 $88,720 $0 $0
2021 $1,252 $86,140 $0 $0
2020 $1,226 $84,960 $0 $0
2019 $1,196 $83,050 $0 $0
2018 $1,123 $81,510 $0 $0
2017 $1,100 $79,840 $0 $0
2016 $1,013 $78,200 $0 $0
2015 $1,033 $77,660 $0 $0
2014 $1,032 $77,050 $0 $0
2013 -- $90,980 $19,800 $71,180
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,398 New Conventional
Previous Owner $90,000 Unknown
Previous Owner $164,000 Fannie Mae Freddie Mac
Previous Owner $65,900 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $87,750 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $230,000 Team Title Usa
Warranty Deed $230,000 Team Title Usa
Warranty Deed $155,900 Southeast Florida Lawyers Ti
Warranty Deed $82,000 --
Warranty Deed $46,864 --
Source: Public Records

Similar Home in Margate, FL

  • 7708 Margate Blvd Unit C3-4, Margate, FL 33063

    $269,000

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • 7708 Margate Blvd
    • Unit C3-4
    • Margate, FL

    Charming 2 bedrooms 2 bathrooms villa in a 55+ community, offers both comfort and peace of mind. Inside, you'll find an additional den or office, ideal for work or hobbies. The home is equipped with impact windows and shutters and a 2023 AC. The kitchen includes a BRAND-NEW refrigerator and a new microwave. 1 car garage and 2 additional parking spots. Recently repainted driveway. Villa is

    Elena Nicolae Coldwell Banker Realty

    Section Image

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10458825

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0180