FEDERAL HWY, OP, FL 33308

FEDERAL HWY, OP, FL 33308 is a property built in 1998 on a 24,363 square foot lot. The property is currently owned by RELLA REALTY 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 2017-04-13 for $8,133,000. The property has appreciated $6,558,000 (416%) since the prior sale of $1,575,000 on 2014-05-14. There are 3 recorded sales for this property.

The 2026 assessed value is $4,331,000 with a market value of $4,331,000. This breaks down to $730,890 for the land and $3,600,110 for the building. The assessed value decreased 51% from $8,853,489 in 2025.

This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. There are active mortgage liens totaling $15,243,838 recorded against this property. FEDERAL HWY, OP, FL 33308 is located in OP, Florida.

Property records, tax assessments, sales history, and ownership information for this OP property are sourced from broward County public records. The complete ownership history of this property spans from 2013 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 53% 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..