BANKS RD, MG, FL 33063

Parcel: 484231030010 · 03 · Zoning:

Assessed Value (2026)
$5,251,240

Property Details

Year Built
1975
Lot Sqft
115,257

Sales History

1
$19,000
2011-08-04
2
$836,000+4300%
2011-11-10
3
$2,900,000+247%
2012-02-06

Tax Assessment History

$5,251,240
Assessed (2026)
$5,251,240
Market Value
$5,251,240
Taxable Value
$106,911
Annual Tax
2025
$10,902,122
$0
2026
$5,251,240
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $5,251,240 $5,251,240 $5,251,240 $106,911
2025 $10,902,122 $ $4,911,830 $100,001

About BANKS RD, MG, FL 33063

BANKS RD, MG, FL 33063 is a property built in 1975 on a 115,257 square foot lot. The property is currently owned by SUNSET LAKE APARTMENTS 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 2012-02-06 for $2,900,000. The property has appreciated $2,064,000 (247%) since the prior sale of $836,000 on 2011-11-10. There are 3 recorded sales for this property.

The 2026 assessed value is $5,251,240 with a market value of $5,251,240. This breaks down to $806,800 for the land and $4,444,440 for the building. The assessed value decreased 52% from $10,902,122 in 2025.

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 2011 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 181% 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

SUNSET LAKE APARTMENTS LLC
3731 N 53 AVE, HOLLYWOOD, FL, 33021
Since: 2026-03-30
View owner profile →

People Behind This Entity

Registered Agent: CORPORATE MAINTENANCE SERVICES, LLC
View on Sunbiz →

Est. Annual Insurance

$50,286 — $90,596
Flood $400 — $800
Property/Wind $49,886 — $89,796

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 →