BANKS RD, MG, FL 33063

Parcel: 484230010018 · 82 · Zoning:

Assessed Value (2026)
$1,987,860

Property Details

Year Built
1998
Lot Sqft
524,313

Sales History

1
$924,157
1990-12-01

Tax Assessment History

$1,987,860
Assessed (2026)
$1,987,860
Market Value
$0
Taxable Value
2026
$1,987,860
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,987,860 $1,987,860 $0

About BANKS RD, MG, FL 33063

BANKS RD, MG, FL 33063 is a property built in 1998 on a 524,313 square foot lot. The property is currently owned by CITY OF MARGATE, 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 1990-12-01 for $924,157. The 2026 assessed value is $1,987,860 with a market value of $1,987,860. This breaks down to $1,573,390 for the land and $414,470 for the building.

BANKS RD, 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 current assessed value represents 215% 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

CITY OF MARGATE
5790 MARGATE BLVD, MARGATE, FL, 33063
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$15,507 — $27,238
Flood $400 — $800
Property/Wind $15,107 — $26,438

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 →