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    Property profile & analytics

    Banks Rd Margate, FL 33063

    • Parking lots & garages
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Apr 23, 2020
    Location Intelligence
    Property ID
    US18-7576234
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for Banks Rd

    Year built
    1973
    Lot size
    0.38 lot acres
    Zone code
    M-1
    Property type
    Parking lots & garages
    APN
    48-42-30-17-0220
    APU
    484230170220

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.1945
    Latitude
    26.2499
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,221
    $119,200
    $26,140
    $145,340
    -
    $119,200
    $26,140
    $145,340

    Comparable in this City

    • Value Estimation by Request
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      4868 Coconut Crk Pkwy

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      1.42 Acres

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      34,765 SF

      5701 Margate Blvd

      PARKING LOT • 34,765 SF
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    • Value Estimation
      $170,000
      0.44 Acres

      7705 Margate Blvd

      PARKING LOT • 0.44 Acres
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    • Value Estimation
      $425,000
      0.63 Acres

      Holiday Spgs Blvd

      PARKING LOT • 0.63 Acres
      Holiday Spgs Blvd, Margate, FL 33063
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Retail Investment Opportunity in Margate

      20,714 SF shopping center with lease-up potential.
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      Retail/Office/Medical Space For Sale

      High-traffic location ideal for retail, office, or medical businesses.
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    Similar Nearby for Lease

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      Margate Retail Space on State Road 7

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      Margate Retail Space For Rent

      Second-floor retail space in Marquis Square, ideal for beauty salon.
      2501 N State Rd 7, Margate, FL 33063
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    Banks Rd
    Margate, FL 33063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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