Back 723 Banks Road
Off Market

723 Banks Road

Margate FL 33063

2
2
1234 sq. ft.
Villa
Last sold for $300,000
Jack RainwaterJack Rainwater, last sold this property on 11 June 2026 after 71 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1234 sq. ft. floor area
Villa

Estimated Value

Based on this property and similar 2 bedroom villas sold in Margate over the last 12 months, the estimated median property value of 723 Banks Road is $330k.

Median value
$330k
Estimated value range
$190k - $385k
Median days on market
36
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 723 Banks Road

2026
Sold
$300,000
11 Jun 2026 by Jack Rainwater, of MAJESTIC REALTY, LLC

Happy sellers in Margate

90%
90% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Margate over the last 12 months.

Local market activity for 2 bedroom villas in Margate

In the last 12 months, 19 two-bedroom villas similar to 723 Banks Road, have been sold.

This represents a 37% increase in two-bedroom villas sales when compared to the previous 12 months.

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