5951 Colonial Dr, Margate (Pompano Beach), FL 33063 Property Records

Broward County property record for 5951 Colonial Dr, Margate, FL 33063

Property Summary

Property TypeCare Home (Retirement, Nursing, Convalescent)
Details106 bd · 62,994 sqft · built 1985
Lot Size7.07 acres (308,323 sqft)
OwnerCompany Name on Record
Last Sale$16,862,885 (Apr 2022)
Tax Bill$350,657 (2025)
Deeds & MortgagesDec 2025 Mortgage
Dec 2025 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN48-41-24-06-0020

Property Details

APN / Parcel Number

Primary APN48-41-24-06-0020

Interior

Bedrooms106 Beds
Stories1 Story
Building Area62,994 sqft Gross Area
1st Floor Area62,994 sqft
FlooringConcrete/Cement
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1990
Exterior MaterialConcrete Block/Stucco
Construction TypeConcrete
Fire ResistanceFireproof Reinforced Concrete
Foundation TypeSlab (Mat/Raft)
Roof TypeBowstring Truss
Roof MaterialOther
Lot Area308,323 sqft (7.07 acres)
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemHVAC

Location & Zoning

Street Address5951 COLONIAL DR
CityMARGATE
StateFL
Zip33063-5661
Property CategoryCommercial
Property TypeCommercial > Retail > Care Home (Retirement, Nursing, Convalescent)
Local Zoning CodeCF-1
Legal DescriptionCOLONIAL PARK 115-14 B PT OF PAR A DESC AS BEGIN NW COR PAR A,ELY 452.35,SLY 901.8,SWLY 31.54,NLY 368.94,NWLY 92.62,WLY 363.95,NLY 485 TO POB,TOGETHER WITH BEG NW COR OF PLAT,S 485,W 156.03,N 484.99,E 155.94 TO POB
Legal Range41E
Legal Township48S
Legal Section24
Legal SubdivisionCOLONIAL PARK 115-14 B
Legal Lot NumberA
JurisdictionBROWARD FL
Township / Civil DivisionCORAL SPRINGS-MARGATE
Census Block Group1
Census Block1000
Census Tract20205

Owner

Source: Broward County records, as of October 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address885 3RD AVE, 29, NEW YORK, NY 10022-4834
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 9, 2025Deed of Trust, Mortgage · Commercial Mortgage
GREYSTONE FUNDING COMPANY LLC
Dec 9, 2025Lease, Transfer
Apr 6, 2022Special Warranty Deed, Transfer · Unknown
POPULAR BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 6, 2022 · Amount on Record
Deed SaleApr 6, 2022 · Amount on Record
Prior SaleFeb 3, 1999 · Amount on Record
Deed Document Number2022118060054
Prior Transfer DateNov 1, 1983
Prior Transfer Doc1127000083
Record UpdatedOct 29, 2026

December 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBROWARD FL
Property Address5951 COLONIAL DR, MARGATE, FL 33063-5661
Transaction TypeMortgage
Record UpdatedDec 22, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address885 3RD AVE, NEW YORK, NY 10022-4834

Mortgage

Document Number0120585224
DateDec 9, 2025
Instrument120585224
Lender
NameGREYSTONE FUNDING COMPANY LLC
TypeFunding / Finance Company
AddressWARRENTON, VA 20186
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2025: Lease, Transfer

Document TypeLease
JurisdictionBROWARD FL
Recording DateDec 9, 2025
Property Address5951 COLONIAL DR, MARGATE, FL 33063-5661
Document Number0120585229
Map ReferenceMB 115 PG 14
Instrument DateNov 24, 2025
Instrument120585229
Transaction TypeTransfer
Record UpdatedDec 22, 2025

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address885 3RD AVE, NEW YORK, NY 10022-4834

Transferred To (Grantee/Buyer)

NameVerified Name
Address1000 GATES AVE, BROOKLYN, NY 11221-6295

April 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionBROWARD FL
Recording DateApr 6, 2022
Property Address5951 COLONIAL DR, MARGATE, FL 33063-5661
Document Number0118060054
Map ReferenceMB 115 PG 14
Instrument DateMar 31, 2022
Instrument118060054
Transaction TypeTransfer
Record UpdatedDec 19, 2025
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address303 INTERNATIONAL CIR STE 200, 200, HUNT VALLEY, MD 21030-1359

Transferred To (Grantee/Buyer)

NameVerified Name
Address55 BROADWAY # 424, 424, NEW YORK, NY 10006-3008

Mortgage

Document Number0118060057
DateApr 6, 2022
Instrument118060057
Lender
NamePOPULAR BANK
TypeBank
Agreement
TypeUnknown
AmountAmount Recorded

Tax Assessment & Valuation

Source: Broward County assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateFlorida
CountyBroward County
MunicipalityMargate City
Unified School DistrictBroward County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$14,873,440 (+4.96%) Land $4,304,870 Building $10,568,570$14,873,440 (+4.96%) Land $4,304,870 Building $10,568,570
2025$350,657.00 (-0.41%) Additional exemption filed$14,170,170 (-) Land $2,296,930 Building $11,873,240$14,170,170 (-) Land $2,296,930 Building $11,873,240
2024$352,101.00 (-0.97%)
2023$355,558.00 (+16.24%) Additional exemption filed$14,170,170 (+9.65%) Land $2,296,930 Building $11,873,240$14,170,170 (+9.65%) Land $2,296,930 Building $11,873,240
2022$305,874.00 Additional exemption filed$12,922,890 Land $2,296,930 Building $10,625,960$12,922,890 Land $2,296,930 Building $10,625,960

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 20, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 27 policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies27 in force
Nearby Flood Claims20 (1995–2013)
Most Recent ClaimJul 2013 · rainfall accumulation
Claims by Event
  • Hurricane Wilma, Oct 2005 · 4 claims
  • Hurricane Irene, Oct 1999 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 98.7% of Florida
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MARGATE
serves 62,254 people · EPA ID FL4060845
Water SourceGroundwater
Last State InspectionMay 2025
Lead1 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Listed by EPA as a serious violator for missed monitoring and reporting.

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting33
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 654 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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