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Offered at $238,000Active
beds
2
baths
2
sq ft
1,175
Built
1983

1023 Banks Road #201

Margate, FL 33063

About this home

"Attention Investors!" Highly Desirable Second-Floor Corner Unit - Start Earning Income from Day One!" This spacious condo offers two primary suites, each with a large walk-in closet, providing comfort and privacy. Enjoy an open layout, in-unit washer and dryer, additional storage, and a generous screened balcony perfect for relaxing and taking in the views. Conveniently located near colleges, restaurants, shopping, major highways, casinos, and everyday conveniences. A great opportunity for year-round living

Listing last checked: Listing updated:

Listed by Carmen L Santana · Century 21 Stein Posner · MLS #B26039509

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Ceramic Tile, Other, Tile, Wood
Building4 property facts
Style
Condominium
Year built
1983
Parking
1
Roof
Concrete
Land & utilities5 property facts
Lot size
0 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
R-3
Financial3 property facts
Annual taxes
$4,921
Assessment year
2025
HOA fee
$500 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $238,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,614 / monthAdjust
Principal & interest
$1,203
Property tax
$410
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,921. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $500. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $250,000 · Feb 16, 2026

  2. Lsd

    $2,050 · Sold $2,050 · Jan 16, 2025

  3. Lsd

    $2,200 · Sold $2,200 · May 19, 2023

More property insights

Comparable properties 3 supplied

Sold Jul 22, 2026

$230,000

4664 NW 22nd Street

Sold Jun 25, 2026

$225,000

3004 Portofino Isle #M1

Sold Jul 19, 2026

$255,000

3204 Portofino Point #B4

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About 1023 Banks Road #201

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Request a tour of 1023 Banks Road #201 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.