MARGATE BLVD, MG, FL 33063

MARGATE BLVD, MG, FL 33063 is a property built in 1986 on a 134,282 square foot lot. The property is currently owned by 5850 MARGATE LLC, recorded as of 2026-03-30. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-02-28 for $16,000,000. The property has appreciated $15,999,900 (15999900%) since the prior sale of $100 on 2019-04-15. There are 3 recorded sales for this property.

The 2026 assessed value is $8,816,090 with a market value of $8,816,090. This breaks down to $537,130 for the land and $8,278,960 for the building. The assessed value decreased 52% from $18,486,304 in 2025.

This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. There are active mortgage liens totaling $98,204,513 recorded against this property. MARGATE BLVD, MG, FL 33063 is located in MG, Florida.

Property records, tax assessments, sales history, and ownership information for this MG property are sourced from broward County public records. The complete ownership history of this property spans from 2014 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 55% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..