61 TER, MG, FL 33068

Parcel: 494101200080 · 01 · Zoning:

Assessed Value (2026)
$250,050

Property Details

Year Built
1978
Lot Sqft
4,390

Sales History

1
N/A
2005-03-16
2
$61,600
2010-12-06
3
$198,600+222%
2018-05-01

Tax Assessment History

$250,050
Assessed (2026)
$334,540
Market Value
$250,050
Taxable Value
$5,091
Annual Tax
2025
$548,414
$0
2026
$250,050
$334,540
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $250,050 $334,540 $250,050 $5,091
2025 $548,414 $ $227,320 $4,628

About 61 TER, MG, FL 33068

61 TER, MG, FL 33068 is a property built in 1978 on a 4,390 square foot lot. The property is currently owned by PROCHETTE,NIXON, recorded as of 2026-03-30. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-05-01 for $198,600. The property has appreciated $137,000 (222%) since the prior sale of $61,600 on 2010-12-06. There are 3 recorded sales for this property.

The 2026 assessed value is $250,050 with a market value of $334,540. This breaks down to $17,560 for the land and $316,980 for the building. The assessed value decreased 54% from $548,414 in 2025.

61 TER, MG, FL 33068 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 2005 to 2018, 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..

Current Owner

PROCHETTE,NIXON
535 SW 61 TER, MARGATE, FL, 33068
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$2,775 — $5,075
Flood $400 — $800
Property/Wind $2,375 — $4,275

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 33068

61.4%
Owner-Occ
38.6%
Investor
313
Flips (4yr)
5,202
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →