Possible over-assessment

201 SW 85 Ter

Pembroke Pines, 33025 · Broward County, Florida · multifamily property · 302,174 sq ft · Fla. Stat. s.193.011(8)

$83,439estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Broward public rollFlorida
Current assessment$64,836,140
What the comparable sales support$60,765,921
Estimated over-assessment$4,070,219 · 6.3%
Comparable basis$223/SF
Estimated tax saved / year$83,439

Straight from the public Florida roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable sales behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public sale figures matter.

Comparable sale $/SFAdjusted $/SFSizeBuilt
$156$13583,941 SF1976
$193$17443,733 SF1986
$184$190127,358 SF2008
$195$203321,102 SF1996
$185$204486,920 SF1997
$228$243204,192 SF2009
$292$2639,431 SF1989
$238$276409,340 SF2013

Why this is the lever

Fla. Stat. s.193.011(8)

Under s.193.011(8), Just Value must be net of the usual and reasonable costs of sale (customarily ~15%). Where an assessment meets or exceeds the gross price comparable properties actually sold for, it cannot reflect net-of-cost just value, and the Value Adjustment Board can reduce it.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 201 SW 85 Ter and tell you, with no obligation, whether it's worth filing. A licensed Florida agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Broward County

Other Broward County properties over the line