MERCEDES DR, FL, FL 33316

MERCEDES DR, FL, FL 33316 is a property built in 1973 on a 13,000 square foot lot. The property is currently owned by RICE,ELMORE W III & RICE,SHIRLEY A, 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 2025-01-31 for $5,436,000. The property has appreciated $4,394,000 (422%) since the prior sale of $1,042,000 on 1998-03-17. There are 4 recorded sales for this property.

The 2026 assessed value is $2,734,850 with a market value of $3,001,250. This breaks down to $1,170,000 for the land and $1,831,250 for the building. The assessed value decreased 42% from $4,755,252 in 2025.

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 1987 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 50% 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..