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$315,000

747 Banks Rd Margate, FL 33063

2 beds
2 full
1,038 sqft
$303 / sqft
Townhouse

Property details

About 747 Banks Rd

Lakefront Living at Its Best - Water Views, Private Deck & Below Market Value!Wake up to breathtaking lake views every day in this beautifully maintained, pet-friendly home located in an all-ages community where boats are welcome! This lakefront gem offers serene waterfront living with your own private deck, perfect for morning coffee, or evening sunsets.Inside, the home features cathedral ceilings that enhance the open, airy feel. The updated kitchen is both stylish and functional, ideal for everyday living. Enjoy peace of mind with recent upgrades including a 2023 A/C, tankless water heater, and a modern electric panel.Whether you're downsizing, investing, or searching for your dream home, this property is a standout. With a low HOA, flexible community rules

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size1,038 sqft
Year built1983
Parking2+ Spaces, Assigned, Guest
MLS #RX-11103042
WaterfrontLake Front
ViewLake

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Laminate, Tile
  • Interior: Ctdrl/Vault Ceilings, Custom Mirror, Entry Lvl Lvng Area, Split Bedroom, Walk-in Closet
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Private Pool: No
  • Parking: 2+ Spaces, Assigned, Guest
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Deck, Screened Patio, Shutters, Tennis Court
  • Architectural Style: Villa
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $315,000
  • Price/SqFt: $303
  • HOA Amount: $385 Monthly
  • Annual Tax Amount: $642
  • Tax Year: 2023
  • Directions: From Florida's Turnpike, Lyons Road or N State Rd 7 take Coconut Creek Pkwy then turn on to Banks Rd next turn right into Woodlake Isles go to 3rd street on right second set of homes on right #747
  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,038 SqFt
  • MLS Number: RX-11103042
  • Office Name: The Keyes Company
  • Office Phone: (561) 750-1000
  • Listing Agent: Malcolm Ellis
  • Agent Phone: (302) 494-2526

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2023$80,190$642
2022$77,860$642
2021$75,600$642
2020$74,560$632
2019$72,890$599
2018$71,540$599
2017$70,070$599

History based on county public records data.

Nearby schools

6

Coconut Creek Elementary School

Public District KG-5

0.9 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

1.2 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. The majority of Margate, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 747 Banks Rd

The listing price of 747 Banks Rd property is $315,000.

The property 747 Banks Rd is a townhouse located in Margate, Florida, 33063.

Accepting Backup Offers: 747 Banks Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 747 Banks Rd are: Coconut Creek Elementary School (GreatSchools Rating 6/10), Margate Elementary School (GreatSchools Rating 7/10), Liberty Elementary School (GreatSchools Rating 6/10), West Broward Academy (GreatSchools Rating 4/10), Broward Virtual Instruction Program (GreatSchools Rating 5/10), Margate Middle School (GreatSchools Rating 3/10), Suned High School of North Broward (GreatSchools Rating 2/10), Atlantic Technical College (GreatSchools Rating 9/10), Ascend Career Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $642 (source: MLS/based on county public records data).

The property at 747 Banks Rd has 2 bedrooms and 2 bathrooms.

The property 747 Banks Rd is 1,038 SqFt (source: MLS/tax record).

The year of construction for 747 Banks Rd is 1983.

This home is located at 747 Banks Rd in Margate, FL and zip code 33063. This 1,038 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $315,000.

Over 1 listings were sold over their listed price in June 2025 in Margate, FL. In the same period over 14 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Margate, FL between May and June 2025 increased by 8.9%. Listings spent 69 days on the market in June 2025, and had a median list price of $352,000 during the same period.

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

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