BANKS RD, MG, FL 33063

Parcel: 484230330850 · 48 · Zoning:

Assessed Value (2026)
$683,440

Property Details

Year Built
2008
Lot Sqft
4,250

Sales History

1
$514,700
2007-06-29
2
$568,000+10%
2007-10-02
3
$480,000-15%
2011-03-29

Tax Assessment History

$683,440
Assessed (2026)
$788,220
Market Value
$0
Taxable Value
2026
$683,440
$788,220
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $683,440 $788,220 $0

About BANKS RD, MG, FL 33063

BANKS RD, MG, FL 33063 is a property built in 2008 on a 4,250 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 2011-03-29 for $480,000. The property sold for $88,000 less than the prior sale of $568,000 on 2007-10-02. There are 3 recorded sales for this property.

The 2026 assessed value is $683,440 with a market value of $788,220. This breaks down to $85,000 for the land and $703,220 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 complete ownership history of this property spans from 2007 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 142% 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

$4,295 — $7,292
Flood $400 — $800
Property/Wind $3,895 — $6,492

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 →