172 AVE, PI, FL 33029
Parcel: 514007024199 · 48 · Zoning:
Assessed Value (2026)
$15,974,130
Property Details
Year Built
1998
Lot Sqft
243,496
Sales History
1
$1,132,200
1996-05-13
2
$17,080,000+1409%
2022-12-09
Tax Assessment History
$15,974,130
Assessed (2026)
$16,212,250
Market Value
$15,974,130
Taxable Value
$325,221
Annual Tax
2025
$28,866,419
$0
2026
$15,974,130
$16,212,250
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $15,974,130 | $16,212,250 | $15,974,130 | $325,221 | $1,947,960 | $14,264,290 |
| 2025 | $28,866,419 | $ | $14,521,940 | $295,655 | $1,947,960 | $12,573,980 |
About 172 AVE, PI, FL 33029
172 AVE, PI, FL 33029 is a property built in 1998 on a 243,496 square foot lot. The property is currently owned by MHC 138 (FLORIDA PROPCO) 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 2022-12-09 for $17,080,000. The property has appreciated $15,947,800 (1409%) since the prior sale of $1,132,200 on 1996-05-13. The 2026 assessed value is $15,974,130 with a market value of $16,212,250.
This breaks down to $1,947,960 for the land and $14,264,290 for the building. The assessed value decreased 45% from $28,866,419 in 2025. There are active mortgage liens totaling $36,000,000 recorded against this property.
172 AVE, PI, FL 33029 is located in PI, Florida. Property records, tax assessments, sales history, and ownership information for this PI property are sourced from broward County public records. The complete ownership history of this property spans from 1996 to 2022, with 2 recorded transactions in the public record.
The current assessed value represents 94% of the most recent sale price..
Current Owner
MHC 138 (FLORIDA PROPCO) LLC
41 FLATBUSH AVE STE 3-C, BROOKLYN, NY, 11217
Since: 2026-03-30
View owner profile →
Est. Annual Insurance
$121,803 — $213,255
Flood $400 — $800
Property/Wind $121,403 — $212,455
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 33029
90.6%
Owner-Occ
9.4%
Investor
230
Flips (4yr)
2,486
New Biz (3yr)
Distress Risk
ELEVATED
56
Mortgages
ACTIVE
$36,000,000
CITIBANK NA · 2023-06-26
Est. Total Balance $36,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.