MERCEDES DR, FL, FL 33316

Parcel: 504213060050 · 01 · Zoning:

Assessed Value (2026)
$1,150,050

Property Details

Year Built
1959
Lot Sqft
12,350

Sales History

1
$620,000
1998-09-17
2
$898,000+45%
1998-10-13
3
$675,000-25%
1999-07-19

Tax Assessment History

$1,150,050
Assessed (2026)
$2,263,230
Market Value
$1,100,050
Taxable Value
$22,396
Annual Tax
2025
$2,085,717
$0
2026
$1,150,050
$2,263,230
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,150,050 $2,263,230 $1,100,050 $22,396
2025 $2,085,717 $ $1,066,560 $21,714

About MERCEDES DR, FL, FL 33316

MERCEDES DR, FL, FL 33316 is a property built in 1959 on a 12,350 square foot lot. The property is currently owned by JUSTI,STEVEN A, 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 1999-07-19 for $675,000. The property sold for $223,000 less than the prior sale of $898,000 on 1998-10-13. There are 3 recorded sales for this property.

The 2026 assessed value is $1,150,050 with a market value of $2,263,230. This breaks down to $1,111,500 for the land and $1,151,730 for the building. The assessed value decreased 45% from $2,085,717 in 2025.

There are active mortgage liens totaling $954,745 recorded against this property. MERCEDES DR, FL, FL 33316 is located in FL, Florida. Property records, tax assessments, sales history, and ownership information for this FL property are sourced from broward County public records.

The complete ownership history of this property spans from 1998 to 1999, with 3 recorded transactions in the public record. The current assessed value represents 170% 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

JUSTI,STEVEN A
PO BOX 460426, FORT LAUDERDALE, FL, 33346
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$13,510 — $24,836
Flood $400 — $800
Property/Wind $13,110 — $24,036

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 33316

57%
Owner-Occ
43%
Investor
85
Flips (4yr)
3,889
New Biz (3yr)
Distress Risk
HIGH
64
View full risk analysis →

Mortgages

ACTIVE
$1,000,000
~$954,745 bal.
BANK OF AMERICA NA · 2022-06-03
Est. Total Balance $954,745
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.