BANKS RD, MG, FL 33063

Parcel: 484230330120 · 48 · Zoning:

Assessed Value (2026)
$370,500

Property Details

Year Built
2005
Lot Sqft
2,250

Sales History

1
$236,000
2004-08-13
2
$259,000+10%
2005-02-24
3
$168,000-35%
2011-03-31

Tax Assessment History

$370,500
Assessed (2026)
$370,500
Market Value
$370,500
Taxable Value
$7,543
Annual Tax
2025
$821,062
$0
2026
$370,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $370,500 $370,500 $370,500 $7,543
2025 $821,062 $ $370,500 $7,543

About BANKS RD, MG, FL 33063

BANKS RD, MG, FL 33063 is a property built in 2005 on a 2,250 square foot lot. The property is currently owned by BANKS BUSINESS PARK LLC, 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 2011-03-31 for $168,000. The property sold for $91,000 less than the prior sale of $259,000 on 2005-02-24. There are 3 recorded sales for this property.

The 2026 assessed value is $370,500 with a market value of $370,500. This breaks down to $45,000 for the land and $325,500 for the building. The assessed value decreased 55% from $821,062 in 2025.

There are active mortgage liens totaling $1,850,000 recorded against this property. 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 complete ownership history of this property spans from 2004 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 221% 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

BANKS BUSINESS PARK LLC
13865 W DIXIE HWY, NORTH MIAMI, FL, 33161
Since: 2026-03-30
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Est. Annual Insurance

$2,511 — $4,319
Flood $400 — $800
Property/Wind $2,111 — $3,519

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
$1,850,000
SOUTH STATE BANK · 2022-07-15
Est. Total Balance $1,850,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.