BANKS RD, MG, FL 33063
Parcel: 484231030074 · 28 · Zoning:
Assessed Value (2026)
$41,100
Property Details
Year Built
1980
Lot Sqft
5,186
Sales History
1
$825,000
2014-08-14
2
N/A
2015-02-27
3
$3,250,000
2020-12-14
Tax Assessment History
$41,100
Assessed (2026)
$41,100
Market Value
$41,100
Taxable Value
$837
Annual Tax
2025
$90,520
$0
2026
$41,100
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $41,100 | $41,100 | $41,100 | $837 | $36,300 | $4,800 |
| 2025 | $90,520 | $ | $41,100 | $837 | $36,300 | $4,800 |
About BANKS RD, MG, FL 33063
BANKS RD, MG, FL 33063 is a property built in 1980 on a 5,186 square foot lot. The property is currently owned by MARGATE APARTMENTS LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2020-12-14 for $3,250,000. There are 3 recorded sales for this property. The 2026 assessed value is $41,100 with a market value of $41,100.
This breaks down to $36,300 for the land and $4,800 for the building. The assessed value decreased 55% from $90,520 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 2014 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 1% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
MARGATE APARTMENTS LLC
451 BANKS RD 1-8, MARGATE, FL, 33063
Since: 2026-03-29
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Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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