55 AVE, MG, FL 33063

55 AVE, MG, FL 33063 is a property built in 1983 on a 234,705 square foot lot. The property is currently owned by MARGATE PROPERTY DEVELOPMENT LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2003-10-01 for $7,125,000. The property has appreciated $4,375,000 (159%) since the prior sale of $2,750,000 on 1988-09-01. There are 3 recorded sales for this property.

The 2026 assessed value is $8,990,210 with a market value of $9,949,910. This breaks down to $1,642,940 for the land and $8,306,970 for the building. The assessed value decreased 52% from $18,704,604 in 2025.

55 AVE, 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 1981 to 2003, with 3 recorded transactions in the public record.

The current assessed value represents 126% 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..