751 Banks Road, Margate, FL, 33063
About This Home
Seller Motivated!!! FHA-approved waterfront 2bedrooms, 2bathrooms home featuring a sitting boat deck on the lake perfect for relaxing and enjoying tranquil water views. Bring your boat and enjoy lakefront living. Located in a well maintained neighborhood with a low HOA, offering both comfort and affordability. Peaceful surroundings with convenient access to nearby amenities. Great opportunity for first time buyers or investors.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1983
Materials
- Construction materials: Block
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Heater,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Closet Cabinetry,None,Walk-In Closet(s)
- Window features: Blinds
- Flooring: Ceramic Tile,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 1,038 sqft
Property
Details
- Parcel number: 484231140275
- Lease amount: 0
Features
- Levels: One
- Stories: 1
- Pool features: Association
- Patio & porch: Deck,Porch,Screened
- Exterior features: Outdoor Living Area,Porch
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Lake Front
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,820 | $21,840 |
| Home Insurance * | $348 | $4,176 |
| Property Taxes | $411 | $4,932 |
| Electricity | $197 | $2,366 |
| Total | $2,776 | $33,312 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Price change | $359,999 |
| 2026-04-15 | Price change | $366,000 |
| 2026-03-31 | Price change | $366,599 |
| 2026-03-17 | Price change | $367,000 |
| 2026-03-10 | Price change | $367,500 |
| 2026-02-16 | Price change | $368,500 |
| 2026-02-06 | Listed for sale | $369,999 |
| 2026-01-29 | Listing removed | $364,999 |
| 2025-09-19 | Price change | $364,999 |
| 2025-08-04 | Listed for sale | $369,999 |
| 2024-09-03 | Sold | $350,000 |
| 2020-04-27 | Sold | $200,000 |
| 1998-07-17 | Sold | $84,000 |
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