40 AVE, WP, FL 33023

40 AVE, WP, FL 33023 is a property built in 1965 on a 207,431 square foot lot. The property is currently owned by TRUGON PROPERTIES INC, 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 2005-06-21 for $3,900,000. The property has appreciated $1,450,000 (59%) since the prior sale of $2,450,000 on 2003-07-16. There are 3 recorded sales for this property.

The 2026 assessed value is $6,148,020 with a market value of $6,918,730. This breaks down to $1,452,020 for the land and $5,466,710 for the building. The assessed value decreased 54% from $13,306,248 in 2025.

This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. There are active mortgage liens totaling $500,000 recorded against this property. 40 AVE, WP, FL 33023 is located in WP, Florida.

Property records, tax assessments, sales history, and ownership information for this WP property are sourced from broward County public records. The complete ownership history of this property spans from 1994 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 158% 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..