STATE ROAD 7 , MG, FL 33068

Parcel: 484136190010 · 11 · Zoning:

Assessed Value (2026)
$5,072,440

Property Details

Year Built
1974
Lot Sqft
120,577

Sales History

1
$614,286
1978-09-01
2
$71non-market transfer
1986-06-01
3
$2,150,000
1999-12-28

Tax Assessment History

$5,072,440
Assessed (2026)
$5,500,380
Market Value
$5,072,440
Taxable Value
$103,271
Annual Tax
2025
$10,156,224
$0
2026
$5,072,440
$5,500,380
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $5,072,440 $5,500,380 $5,072,440 $103,271
2025 $10,156,224 $ $4,611,310 $93,883

About STATE ROAD 7 , MG, FL 33068

STATE ROAD 7 , MG, FL 33068 is a property built in 1974 on a 120,577 square foot lot. The property is currently owned by MARGATE FASHION CENTER L L C, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1999-12-28 for $2,150,000. The property has appreciated $2,149,929 (3028069%) since the prior sale of $71 on 1986-06-01. There are 3 recorded sales for this property.

The 2026 assessed value is $5,072,440 with a market value of $5,500,380. This breaks down to $1,808,660 for the land and $3,691,720 for the building. The assessed value decreased 50% from $10,156,224 in 2025.

This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. STATE ROAD 7 , MG, FL 33068 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 1978 to 1999, with 3 recorded transactions in the public record. The current assessed value represents 236% 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..

Distress Signals

  • Active lis pendens (foreclosure)

Current Owner

MARGATE FASHION CENTER L L C
6020 NW 91 AVE, PARKLAND, FL, 33067
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$48,588 — $87,538
Flood $400 — $800
Property/Wind $48,188 — $86,738

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 33068

61.4%
Owner-Occ
38.6%
Investor
313
Flips (4yr)
5,202
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Foreclosure Alert

ACTIVE 2008-12-05
Plaintiff: CARRILLO,LUIS; CARRILLO,ROSA
Defendant: MARGATE FASHION CENTER L L C
ACTIVE 2007-01-22
Plaintiff: BEST CUTS INC
Defendant: MARGATE FASHION CENTER L L C
Past filings (1)
  • 2007-01-22 · BEST CUTS INC

Mortgages

ACTIVE
$0
SPACE COAST CREDIT UNION · 2014-11-04