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Updated 3 hours ago

501 Banks Rd


Margate, FL

2 Bed
•
1 Bath

848 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,750
848 ft2
1 Available
Managed By: Cruise Property Management
Unit 6
$1,750
Available Now
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Where you'll live
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501 Banks Rd
501 Banks Rd
501 Banks Rd
Location ratings
Walk Score®
43
Car-Dependent
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Elevator
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $995
Property details
Description

Welcome home to this tranquil lakefront 2-bedroom, 1-bath residence, where you can relax after a long day and enjoy breathtaking sunsets right from your bedroom window. Prefer to be outdoors? Step outside with a fishing rod and catch a fish right at your doorstep—or take a short walk to the community pool for a refreshing dip.
This centrally located apartment offers both comfort and convenience, featuring:
A spacious kitchen with upgraded granite countertops and stainless steel appliances
Walk-in closets for ample storage
An updated bathroom and central A/C
In-unit washer and dryer for added convenience
Families will appreciate that all nearby schools are A-rated, with the added benefit of a school bus stop right within the community.
Surrounded by shopping, dining, and everyday conveniences, this home provides the ideal balance of peaceful living and accessibility. Professional maintenance is just a click away, ensuring a stress-free lifestyle in a quiet community with great neighbors.
Move-in specials available! Contact us today to learn more and apply.

Additional Details
Total Unit Count: 8
Last Updated: Updated 3 hours ago
Contact Number: (855) 600-1631
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 501 Banks Rd by bedroom type below.
2 Bedroom
Suggested income:
$63,000
per year
Rent report

501 Banks Rd Rent vs. Margate Average

 501 Banks Rd      Margate Average
2BR
$1,750
$1,945
$0
$650
$1,300
$1,950
$2,600

501 Banks Rd is asking 10% less than the average 2 bedroom apartment in Margate.

If you upsized to an average priced Margate 3 bedroom apartment, you would pay 32% more per month.

If you downsized to an average priced Margate 1 bedroom apartment, you would pay 26% less per month.

501 Banks Rd provides 7% less square footage than the average Margate 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
501 Banks Rd
2BR $1,750 $2.10 $5,250
Margate Average
1BR $1,546 $1.60 $4,637
2BR $1,945 $2.10 $5,835
3BR $2,878 $2.10 $8,634

Availability in Margate

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 11 2BR units on the market in Margate. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
32% 44% 24%
Available Units in Margate
1BR 8
2BR 11
3BR 6
Location
Nearby Colleges

Keiser University-Ft Lauderdale

Broward College

Nearby Hospitals
Name Distance
Northwest Medical Center 1.74 mi.
University Hospital And Medical Center 4.12 mi.
University Pavilion Psychiatric Hospital 4.24 mi.
Nearby Fire Stations
Name Distance
Margate Fire Rescue 0.46 mi.
Margate Fire Rescue 1.07 mi.
Pompano Beach Fire Rescue 1.46 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 848 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
501 Banks Rd has a 2 bedroom unit starting at $1,750.
Where is this property located?
This property is at 501 Banks Rd in Margate, FL. It's 0.3 miles east from the center of Margate.
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