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557 Banks Road, Margate, FL 33063 (MLS# R10887875)

557 Banks Road, Margate, FL 33063

$299,500

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https://www.propertypanorama.com/557-Banks-Road-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,172 Status: Closed

Current Price: $299,500 List Date: 5/11/2023 Last Modified: 5/08/2026

Overview

Description

LAKE VIEW THRUOUT SPACIOUS VILLA. NEEDS TLC. ADD UPDATES & MAKE IT YOUR OWN. NEWER KITCHEN WITH WALL DOWN, SS APLIANCES & GRANITE COUNTERS. CATHEDRAL CEILING, FANS, PORCELAIN TILE FLOORS. ATTIC STORAGE, COMPLETE HURRICANE SHUTTERS. ENJOY FISHING, CANOEING, AND SCENIC SUNSETS. WELL MAINTAINED COMMUNITY HAS 2 POOLS,TENNIS COURT, CLUBHOUSE, SAUNA, POOLTABLE, DOCKS. LOW HOA INCLUDES BASIC CABLE, TRASH REMOVAL, BUILDING INSURANCE, EXTERIOR PAINT, ROOF REPAIRS & LAWN. GREAT LOCATION. EXCELLENT VALUE.

Listing Details MLS# R10887875

General Property Information

Number Of Units In Community: 136
Total Units In Building: 3
Unit Floor #: Yes
Property Sub Type: Villa
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1172
Building Area Source: Public Records
Living Area Main: 1156
Year Built: 1981
Gated Community YN: No
Lot Size Area: 3927
Lot Size Acres: 0.09
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: East
Pool Private YN: No
Furnished: Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Insurance; Maintenance Grounds; Trash Dining Area: Dining/Living Room Electric: Three Phase Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Washer Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Heat Strip Interior Features: Cathedral Ceiling(s); Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside Levels: Multi/Split Listing Terms: Cash; Conventional; VA Loan Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required Other Leasing Restrictions: Leasing Prohibited 1st Year Road Frontage Type: West of US-1 Roof: Composition; Shingle Security Features: None Special Information: Sold As-Is Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: City/County; No Homestead Unit Description: Corner/End Unit Utilities: Cable Available; Water Available Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only; Occupied; Schedule Online; See Remarks Occupant Details: Owner Occupied Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open Contingencies: Appraisal; Backup Contract/Call LA; Financing Contributions Detail: Closing Costs Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 299500

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 557
Street Name: Banks
Street Suffix: Road
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Zip: 33063
Subdivision Name: WOODLAKE ISLES
Area: 3523
Geographic Area: NE41 - North Broward Turnpike To 441 (3511-3524)
Elementary School: Liberty (Broward)
Middle Or Junior School: Margate
High School: Coconut Creek
Special Assessment YN: No
Parcel Number: 484231140040
Zoning: R-3
Directions: ATLANTIC AVE TO BANKS ROAD JUST WEST OF TURNPIKE NORTH TO WOODLAKE ISLES ON LEFT SIDE TO PROPERTY.
Multiple Offers Accepted: Yes

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 228
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Association Phone: 866-423-2473
Membership Fee Required YN: No
Tax Annual Amount: 5034.1
Tax Year: 2022
Tax Legal Description: WOODLAKE ISLES 108-5 B POR TR A DESC AS COMM AT SE COR OF SAID TR,WLY 118.17 TO POB, NLY 52.19,WLY 74 M/L TO ELY SHORELI

Status Change Information

Major Change Timestamp: 2023-06-24T13:48:42Z
Major Change Type: Status Change
Status Change Date: 2023-06-24
Under Contract Date: 2023-05-25
Close Date: 2023-06-23
Close Price: 299500
Buyer Financing: Conventional

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Short Sale Addendum: No

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Storm Protection

Electric/Power Shutters: Partial
Impact Glass: Partial
Roll-Down Shutters: Complete

Showing Details

Pet(s) on Premises: Yes

Buyer Details

Country of Origin: United States
Intended Use: Primary Residence
Zip Code: 33063

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: Yes

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 259.08
Original List Price To Close Price: Yes

Originating Details

Originating System Key: 20230508022547299013000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Billiard Room: Yes
Boating: Yes
Clubhouse: Yes
Internet Included: Yes
Manager On Site: Yes
Pool: Yes
Sidewalks: Yes
Tennis Court(s): Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Common Real Estate Tax: Yes
Insurance: Yes
Maintenance Grounds: Yes
Trash: Yes

Dining Area

Dining/Living Room: Yes

Electric

Three Phase: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Structure Type

Villa: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Water Available: Yes

Heating

Heat Strip: Yes

Unit Description

Corner/End Unit: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Cathedral Ceiling(s): Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Road Frontage Type

West of US-1: Yes

Roof

Composition: Yes
Shingle: Yes

Security Features

None: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Occupied: Yes
Schedule Online: Yes
See Remarks: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

Buyer Approval Required: Yes

Other Leasing Restrictions

Leasing Prohibited 1st Year: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Occupant Details

Owner Occupied: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes

Contingencies

Appraisal: Yes
Backup Contract/Call LA: Yes
Financing: Yes

Contributions Detail

Closing Costs: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Living Room	25.00	16.00	Main
Kitchen	15.00	10.00	Main
Master Bedroom	15.00	13.00	Main
Laundry

Documents

Woodlake Isles Application ›

Floorplan ›

Listing Office: Inactive Member

Last Updated: May - 08 - 2026

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557 Banks Road, Margate, FL 33063 (MLS# R10887875)