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Home / Margate / 511 Banks Rd
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Updated 2 hours ago

511 Banks Rd


Margate, FL

2 Bed
•
1 Bath

840 Sq. Ft.

Available starting May. 5th
Floor plans
2 Beds • 1 Bath
$1,850
840 ft2
1 Available
Managed By: Cruise Property Management
Unit 5
$1,850
Available May 5th, 2026
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Where you'll live
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511 Banks Rd
511 Banks Rd
511 Banks Rd
Location ratings
Walk Score®
43
Car-Dependent
Transit Score®
39
Some Transit
Bike Score®
50
Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
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 2 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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Photos Floor Plans Amenities
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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 511 Banks Rd by bedroom type below.
2 Bedroom
Suggested income:
$66,600
per year
Rent report

511 Banks Rd Rent vs. Margate Average

 511 Banks Rd      Margate Average
2BR
$1,850
$1,946
$0
$650
$1,300
$1,950
$2,600

511 Banks Rd is asking 5% less than the average 2 bedroom apartment in Margate.

If you upsized to an average priced Margate 3 bedroom apartment, you would pay 47% more per month.

If you downsized to an average priced Margate 1 bedroom apartment, you would pay 22% less per month.

511 Banks Rd provides 9% less square footage than the average Margate 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
511 Banks Rd
2BR $1,850 $2.20 $5,550
Margate Average
1BR $1,591 $1.70 $4,773
2BR $1,946 $2.10 $5,837
3BR $3,697 $2.70 $11,091
4BR $4,450 $2.10 $13,350

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 on May 05, 2026.
What's the square footage of the available units?
It's 840 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?
511 Banks Rd has a 2 bedroom unit starting at $1,850.
Where is this property located?
This property is at 511 Banks Rd in Margate, FL. It's 0.3 miles east from the center of Margate.
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