MERCEDES DR, FL, FL 33316
Parcel: 504213060310 · 00 · Zoning:
Assessed Value (2026)
$3,275,800
Sales History
1
$5,286
1961-01-01
2
$306,350+5695%
1987-08-01
3
$4,000,000+1206%
2022-04-04
4
$17,000,000+325%
2025-02-21
Tax Assessment History
$3,275,800
Assessed (2026)
$3,275,800
Market Value
$3,275,800
Taxable Value
$66,693
Annual Tax
2025
$5,625,081
$0
2026
$3,275,800
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $3,275,800 | $3,275,800 | $3,275,800 | $66,693 | $3,275,800 | $0 |
| 2025 | $5,625,081 | $ | $2,978,000 | $60,630 | $2,978,000 | $0 |
About MERCEDES DR, FL, FL 33316
MERCEDES DR, FL, FL 33316 is a property. The property is currently owned by 2572 MERCEDES 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 2025-02-21 for $17,000,000. The property has appreciated $13,000,000 (325%) since the prior sale of $4,000,000 on 2022-04-04. There are 4 recorded sales for this property.
The 2026 assessed value is $3,275,800 with a market value of $3,275,800. The assessed value decreased 42% from $5,625,081 in 2025. There are active mortgage liens totaling $24,077,879 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 1961 to 2025, with 4 recorded transactions in the public record.
The current assessed value represents 19% 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
2572 MERCEDES LLC
5 FOX POINT DR, NISSEQUOGUE, NY, 11780
Since: 2026-03-30
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Est. Annual Insurance
$31,520 — $56,816
Flood $400 — $800
Property/Wind $31,120 — $56,016
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
Mortgages
ACTIVE
$11,900,000
BANK OF AMERICA NA · 2025-02-21
ACTIVE
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC · 2024-09-30
ACTIVE
$3,500,000
TAYLOR MADE LENDING LLC · 2023-10-31
14 satisfied mortgages
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2025-03-26
$9,300,000
WINSTON STRUCTURED FINANCE GROUP LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
SATISFIED 2024-10-02
$3,500,000
TAYLOR MADE LENDING LLC
Est. Total Balance $24,077,879
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.