$350,000

571 Banks Rd Margate, FL 33063

$4,156
Closing credit¹
2 beds
2 full
986 sqft
$355 / sqft
House

Property details

About 571 Banks Rd

Do not miss this amazing opportunity to purchase this well maintained ALL AGES 2 bedroom, 2 bath corner unit Villa in Woodlake Isles! This unit features a split floor plan, newer floors, updated guest bathroom, full sized washer and dryer, 2 parking spots and beautiful and serene views of the lake that you can enjoy from your primary bedroom and screened in patio. Community offers 2 swimming pools, clubhouse, sauna, tennis court, gazebo with public dock, maintenance fees cover roof repairs and insurance. Bring your furry friends as pets are allowed with some restrictions. This home has been very well maintained and is ready for a new owner to value and cherish it! Schedule your appointment today! OK to lease after 1 year of ownership HOA is $880 per quarter ($293 per month)

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size986 sqft
Year built1982
ParkingDriveway, Guest
MLS #A11721046
WaterfrontLake Front
ViewLake

Virtual tour

Summary

  • MLS Number: A11721046
  • MLS Name: SEFMIAMI
  • Office Name: First World Realty Group,LLC
  • Office Phone: (954) 457-0114
  • Office Email: Marlon@FirstWorldRealty.net
  • Listing Agent: Tericka Greenwood

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$350,000

571 Banks Rd

$4,156

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$259,310$5,075
2022$231,700$5,344
2021$80,580$5,344
2020$79,470$1,130
2019$77,690$1,012
2018$76,250$995
2017$74,690$995

History based on county public records data.

Nearby schools

6

Coconut Creek Elementary School

Public District KG-5

0.8 mi

500 NW 45th Ave

7

Margate Elementary School

Public District KG-5

1.1 mi

6300 NW 18th St

6

Liberty Elementary School

Public Magnet KG-5

1.3 mi

2450 Banks Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,902. Most Margate, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

38%
<35k
54%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
13%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 571 Banks Rd

This home is located at 571 Banks Rd in Margate, FL and zip code 33063. This 986 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $350,000.

Over 3 listings were sold over their listed price in February 2025 in Margate, FL. In the same period over 18 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Margate, FL increased by 9% between January and February 2025. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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