8 ST, MG, FL 33063

Parcel: 484136060370 · 48 · Zoning:

Assessed Value (2026)
$788,900

Property Details

Year Built
1975
Lot Sqft
23,314

Sales History

1
$100non-market transfer
2013-07-08
2
$550,000
2021-10-26

Tax Assessment History

$788,900
Assessed (2026)
$803,040
Market Value
$788,900
Taxable Value
$16,061
Annual Tax
2025
$1,579,582
$0
2026
$788,900
$803,040
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $788,900 $803,040 $788,900 $16,061
2025 $1,579,582 $ $717,190 $14,601

About 8 ST, MG, FL 33063

8 ST, MG, FL 33063 is a property built in 1975 on a 23,314 square foot lot. The property is currently owned by PENASH WELDING & FABRICATION LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-10-26 for $550,000. The property has appreciated $549,900 (549900%) since the prior sale of $100 on 2013-07-08. The 2026 assessed value is $788,900 with a market value of $803,040.

This breaks down to $163,200 for the land and $639,840 for the building. The assessed value decreased 50% from $1,579,582 in 2025. There are active mortgage liens totaling $3,909,217 recorded against this property.

8 ST, 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 2013 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 143% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..

Current Owner

PENASH WELDING & FABRICATION LLC
5603 NW 8 ST, MARGATE, FL, 33063
Since: 2026-03-29
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Est. Annual Insurance

$7,894 — $14,290
Flood $400 — $800
Property/Wind $7,494 — $13,490

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood 33063

73.8%
Owner-Occ
26.2%
Investor
262
Flips (4yr)
6,072
New Biz (3yr)
Distress Risk
HIGH
64
View full risk analysis →

Mortgages

ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE
$429,250
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE 2.96% rate
$429,250
~$386,835 bal.
~$1,801/mo est. payment
LANDA HOLDINGS LLC · 2021-11-05
ACTIVE
$385,287
LANDA HOLDINGS LLC · 2021-11-05
Est. Total Balance $3,909,217
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.