COMMERCE PKWY, WS, FL 33331

Parcel: 504017020450 · 18 · Zoning:

Assessed Value (2026)
$24,149,610

Property Details

Year Built
1999
Lot Sqft
229,482

Sales History

1
$18,250,000
2005-09-06
2
$24,777,500+36%
2015-07-30
3
$52,250,000+111%
2021-05-04

Tax Assessment History

$24,149,610
Assessed (2026)
$24,149,610
Market Value
$24,149,610
Taxable Value
$491,667
Annual Tax
2025
$53,541,917
$0
2026
$24,149,610
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $24,149,610 $24,149,610 $24,149,610 $491,667
2025 $53,541,917 $ $24,149,610 $491,667

About COMMERCE PKWY, WS, FL 33331

COMMERCE PKWY, WS, FL 33331 is a property built in 1999 on a 229,482 square foot lot. The property is currently owned by WESTON CORPORATE CENTER OWNER LLC%BANYAN ST CAP LLC, recorded as of 2026-04-26. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-05-04 for $52,250,000. The property has appreciated $27,472,500 (111%) since the prior sale of $24,777,500 on 2015-07-30. There are 3 recorded sales for this property.

The 2026 assessed value is $24,149,610 with a market value of $24,149,610. This breaks down to $2,524,300 for the land and $21,625,310 for the building. The assessed value decreased 55% from $53,541,917 in 2025.

COMMERCE PKWY, WS, FL 33331 is located in WS, Florida. Property records, tax assessments, sales history, and ownership information for this WS property are sourced from broward County public records. The complete ownership history of this property spans from 2005 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 46% 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

WESTON CORPORATE CENTER OWNER LLC%BANYAN ST CAP LLC
80 SW 8 ST #2200, MIAMI, FL, 33130
Since: 2026-04-26
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Est. Annual Insurance

$183,937 — $321,989
Flood $400 — $800
Property/Wind $183,537 — $321,189

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 33331

84.9%
Owner-Occ
15.1%
Investor
97
Flips (4yr)
2,984
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →