Possible over-assessment

2121-2127 SW 58 Ter

West Park, 33023 · Broward County, Florida · industrial property · 10,360 sq ft · Fla. Stat. s.193.011(8)

$2,590estimated 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$2,215,670
What the comparable sales support$2,089,326
Estimated over-assessment$126,344 · 5.7%
Comparable basis$224/SF
Estimated tax saved / year$2,590

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
$176$1728,931 SF1971
$190$18710,000 SF1971
$195$19510,243 SF1973
$195$19611,298 SF1973
$214$2179,810 SF1977
$228$23110,080 SF1976
$231$2339,518 SF1976
$255$26012,308 SF1973

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.

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