723 Banks Rd, Margate, FL 33063
Property image
Property image
SOLD
JUN 11, 2026

$301,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,038 sqft

723 Banks Rd, Margate, FL 33063

Est. Refi. Payment $2,189/mo*
Refinance Your Home
Currently Off Market - Sold Jun 11, 2026 for $300,000 (6% below list price)

Home Value

Trulia Estimate
$301K
Since last month
Increased$300 (+0.1%)
Since last year
Decreased$51K (-14.5%)
Since last sale
Increased$1K (+0.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
September 2026$301K
August 2026$301K
July 2026$299K
June 2026$300K
May 2026$313K
April 2026$313K
March 2026$346K
February 2026$345K
January 2026$345K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
719 Banks Road #719, Pompano Beach, FL
0.03
Single-Family Home
$319,000
07/30/26
2
2
1,064
731 Banks Road #100, Margate, FL
0.02
Single-Family Home
$350,000
11/17/25
2
2
1,109
653 Banks Rd, Margate, FL
0.10
Single-Family Home
$299,000
05/29/26
2
2
1,092
795 Banks Rd, Pompano Beach, FL
0.10
Single-Family Home
$294,000
07/06/26
2
2
1,064
617 Banks Road #617, Pompano Beach, FL
0.07
Single-Family Home
$268,000
06/30/26
2
2
990
627 Banks Road #48, Margate, FL
0.11
Single-Family Home
$295,000
08/25/26
2
2
1,092
791 Banks Road #130, Margate, FL
0.10
Single-Family Home
$270,000
03/27/26
2
2
1,064
881 NW 48 Avenue, Pompano Beach, FL
0.33
Single-Family Home
$420,000
01/08/26
2
2
1,606

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
731 Banks Road #100, Margate, FL 33063
0.02
$351,600
2
2
1,109
Off Market
725 BANKS Road, Margate, FL 33063
0.01
$324,900
2
2
1,038
For Sale
725 Banks Road #725, Pompano Beach, FL 33063
0.01
$352,400
2
2
1,038
Off Market
751 Banks Road, Margate, FL 33063
0.04
$352,000
2
2
1,038
For Sale
747 Banks Road, Margate, FL 33063
0.04
$307,000
2
2
1,038
Off Market
719 Banks Road #719, Pompano Beach, FL 33063
0.03
$319,000
2
2
1,064
Recently Sold
721 Banks Road #721, Pompano Beach, FL 33063
0.03
$327,700
2
2
1,038
Off Market
715 Banks Rd, Margate, FL 33063
0.02
$289,000
2
2
1,034
For Sale
751 Banks Rd #751, Pompano Beach, FL 33063
0.05
$334,600
2
2
1,038
Off Market
707 Banks Rd, Margate, FL 33063
0.02
$325,000
2
2
1,064
For Sale
705 BANKS Road, Margate, FL 33063
0.02
$359,900
2
2
1,092
For Sale

Local Information

  • Map ViewExplore the area around 723 Banks Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1983
1,038 sqft
$289/sqft
HOA $352/mo

About this House

What's unique:Peaceful lake viewPrivate entryNew roofDesirable split-bedroom layoutLight-filled homeExtra green space
2BR/2BA corner unit with peaceful lake view. This light-filled home offers a desirable split-bedroom layout, private entry, and a screened patio overlooking the water. Perfect for relaxing or entertaining. Corner location provides added privacy and extra green space. Great opportunity for investors or buyers looking to customize and add value. Has NEW ROOF! Conveniently located near shopping, dining, and major roadways.
723 Banks Rd, Margate, FL 33063 is a 2 bedroom, 2 bathroom, 1,038 sqft single-family home built in 1983. It last sold for $300,000 on Jun 11, 2026 (6% below the $319,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $301,100, with a rent estimate of $2,474/month.
Last check for updates: about 3 hours ago
Listed by Jack Rainwater, (754) 214-8511
Majestic Realty, LLC
Bought with: Abdulla Richards, (954) 548-1799, AR1 State of the Art Real Estate, Inc.
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11992007

Home Details for 723 Banks Rd

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1038 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: OtherCommon Walls: Corner Unit
Levels, Entrance, & Accessibility
Number of Stories: 1Entry Location: First Floor EntryFloors: Other
View
Has a ViewView: Garden, Lake
Security
Security: Other

Exterior Features

Exterior Home Features
Patio / Porch: Patio, Screened PorchExterior: CourtyardNo Private Pool
Parking & Garage
No GarageParking: 2 Or More Spaces,Guest
Pool
Pool: Association
Frontage
WaterfrontWaterfront: Lake, Lake PrivilegesOn Waterfront
Farm & Range
Not Allowed to Raise Horses
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Villa Fee Simple, VillaArchitecture: Villa Fee Simple,Villa
Building
Building Name: Woodlake IslesConstruction Materials: CBS ConstructionAttached To Another Structure
Property Information
Usage of Home: PrimaryParcel Number: 484231140250

Price & Status

Price
List Price: $319,000Price Per Sqft: $289/sqft
Status Change & Dates
Off Market Date: Thu Apr 30 2026Possession Timing: Funding

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MargateCommunity: Woodlake Isles
School Information
Elementary School: LibertyJr High / Middle School: Margate MiddleHigh School: Coconut Crk High

Building

Building Area
Building Area: 1234 Square Feet

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $1,057/Quarterly

Offer

Contingencies: Association ApprovalListing Terms: All Cash, Conventional, FHA

Rental Terms, Policies & Fees

Rent Includes: All Amenities, Common Area Maintenance, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Parking, Pool Service, Roof Repairs, Trash Removal

Miscellaneous

Mls Number: A11992007Water ViewWater View: Lake

Additional Information

HOA Amenities: Clubhouse-Clubroom,Fishing Pier,Other,PoolSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Jun 11, 2026
Source: MIAMI #A11992007
Sold
$300,000
Apr 30, 2026
Source: MIAMI #A11992007
Pending
$319,000
Apr 15, 2026
Source: MIAMI #A11992007
PriceChange
$319,000
Price decreased by 2%
Mar 31, 2026
Source: MIAMI #A11992007
Listed For Sale
$325,000
Nov 1, 1992
Source: N/A
Sold
$65,000

Market trends in Margate

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$308K
$18.5KMoM
Sale-to-List Price
97.3%
0.3%MoM
Price per sq ft
$254
$12MoM
Available listings
543
13MoM

Around this home

What Locals Say about Margate

At least 401 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 84 % Say car is needed

  • 84 % Say there are sidewalks

  • 77 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 71 % Say yards are well-kept

  • 71 % Say streets are well-lit

  • 70 % Say it's quiet

  • 62 % Say people would walk alone at night

  • 62 % Say kids play outside

  • 61 % Say it's walkable to grocery stores

  • 54 % Say it's walkable to restaurants

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 34 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Pedrianojoseph20092010
    "Best city "
    0
    Flag
  • Kamibeta
    "It is a great neighborhood where to can spent family time, all shops are close and groceries as well. "
    0
    Flag
  • Necii28
    "They would love it, this area is vet pet friendly and welcoming.. give Margate a try, you will fall in love."
    0
    Flag
  • Giovanna
    "Great area! Very safe. Family friendly and many shops around. Will definitely stay for many years!!!!!"
    0
    Flag
  • Necii28
    "This area is safe & kid friendly..! It’s nicely kept & not too much traffic..! There are restaurants & attractions near as well..!"
    0
    Flag
  • Thomas Howard
    "Great area for dogs almost every home in area has one. People are very friendly and haven’t met an aggressive dog yet "
    0
    Flag
  • Gareth Duncan
    "There are several public parks within a two mile radius. The city holds events for kids each holiday (e.g., Easter, Halloween, 4th of July, etc.) Also, there are great schools."
    0
    Flag
  • Claire P.
    "I’ve only been here for a year and a half and it’s nice. The area I live in that borderlines Coral Springs is very nice and well maintained."
    1
    Flag
  • 1foe
    "Dog pet across the street. Ppl with dogs here are very friendly and good with safety. If you have a dog this is the place for you."
    11
    Flag
  • Towela K.
    "People always walking with their dogs and i do see them picking up after them. Its a very quiet neighborhood."
    3
    Flag
  • Jelisa0305
    "Margate baseball, movies in the park, 4 of July parade, flag day by residents, fishing and much more. "
    4
    Flag
  • Vixindash0525
    "Great location. Close to shopping and highways. Good parks and schools. Kids are safe. Little crime. "
    2
    Flag
  • Susan P.
    "There are many families in the area. It’s safe and quiet it has an excellent elementey school close to shopping and hospitals "
    3
    Flag
  • Leisa D.
    "I use my own vehicle to commute to work. I work 11 miles away and I drive the local roads. it takes about 30-40 minutes in the morning. typically it would take 20 minutes without traffic."
    5
    Flag
  • Leisa D.
    "I've lived in the neighborhood for 2 plus years. it's quiet and safe. I would stay longer if there were sidewalks. however it is fairly safe if you need to walk on the street, cars don't speed too much on this street."
    2
    Flag
  • Iphonegeniuss
    "I’ve lived in this neighborhood for over 5 years & the people are very friendly polite. The only issue is the schools are average not great. "
    0
    Flag
  • Thamiris D.
    "This area is calm, without noisy, friendly and the sidewalk is very good to walk and ride a bike. The neighbors is so polite and kind. "
    6
    Flag
  • Mirada B.
    "I just love Margate everything is close accessible and the people are very friendly! You can allow your kids to play outside and be kids just keep an eye on them!"
    1
    Flag
  • Carlos B.
    "People are awesome and very friendly and unlike that kind of person , I feel comfortable with that , and you will find everything closer "
    1
    Flag
  • Alex Y. M.
    "I use my own vehicle; but i know we have great public transportation. Access to all manager highways. Great neighborhood i enjoy living here. "
    0
    Flag
  • Cynthia
    "It’s very quiet and peaceful my neighbors are friendly. The schools are good in the area there are kids but not outside a lot"
    0
    Flag
  • Jennie P.
    "Neighborhood movie nights and fun festivals for holidays, such as Easter, 4th of July, Halloween and Christmas "
    1
    Flag
  • Kareen V.
    "I’ve lived in the area for five years and it’s close to everything and the people are very friendly."
    0
    Flag
  • Msdc0007
    "5minutes max I love the area and the family vibe. No traffic. No major highways to have to deal with. "
    1
    Flag
  • Khrysttel.figueroa
    "I drive my POV, but I’m aware of an inner city bus and there are city buses and there are Uber cars and taxis "
    1
    Flag
  • Jennymy3kids
    "Folkd in this neighborhood are nice and sweet. They will help with anything you ask for if they are nice"
    0
    Flag
  • Adriana R.
    "i live close to four bus stops to go up and down. it connects to many cool places to visit, shop, and sight see."
    2
    Flag
  • Ochoatapiacris
    "you see people walking their dogs but most of the times the owners are not friendly, sometimes is the dogs. most areas are bothersome if you own pets."
    0
    Flag
  • Blue
    "Traffic is thick on SR7 during rush hour but the ride to work is easy. You can get anywhere in the county within 20 minutes. "
    2
    Flag
  • James
    "Margate has a lot of events for the whole family. At the corner of 441and Margate Boulevard. And a great fireworks display."
    2
    Flag
  • Kenken
    "food trucks n holiday events every year n always festival going in our neighborhood. fire dept always come out. great people. police always show support to school n community. great community to live in. Alot of good school n shopping mall. also have small businesses that r doing great. "
    1
    Flag
  • Marina L.
    "I’ve lived in this neighborhood for 8 years and everyone is pretty nice and welcoming people don’t really bother their neighbors"
    1
    Flag
  • Vanessa Belton
    "I've lived here for about 3 months now and I'm loving it so far. The community is clean and quiet. The neighbors are friendly. I feel safe living here."
    7
    Flag
  • Mahogany2fl4u
    "ive live in this neighborhood for a year and love it. It just expensive in this area though. its a great area."
    0
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  • Nichole V.
    "My community loves Holidays and celebrates with others in community Lots of children for ours to play with"
    1
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 723 Banks Rd

  • What is 723 Banks Rd estimated to be worth?
    Trulia's estimated value for 723 Banks Rd in Margate, FL is $301,100.
  • What is the price history for 723 Banks Rd?
    723 Banks Rd in Margate, FL last sold for $300,000 in June 2026.
  • Is Margate a buyer's or seller's market?
    Margate is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Margate?
    The median sale price in Margate is $308K. That is up $18.5K from the prior month.
  • Does 723 Banks Rd have air conditioning?
    Yes, 723 Banks Rd in Margate, FL has air conditioning.
  • Does 723 Banks Rd have a pool?
    Yes, 723 Banks Rd in Margate, FL has a pool.

Explore by feature - Pet Friendly

74 pet-friendly rentals in Margate, FL

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

119 rentals with a pool in Margate, FL

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Explore by feature - Outdoor Space

28 rentals with an outdoor space in Margate, FL

Apartments for Rent

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Off Market Homes Near 723 Banks Rd

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