Possible over-assessment

2900 Center Port Cir

Pompano Beach, 33064 · Broward County, Florida · industrial property · 18,091 sq ft · Fla. Stat. s.193.011(8)

$1,532estimated 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$4,205,100
What the comparable sales support$4,130,359
Estimated over-assessment$74,741 · 1.8%
Comparable basis$269/SF
Estimated tax saved / year$1,532

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
$193$18512,926 SF1999
$223$21524,262 SF1989
$230$22222,882 SF1990
$235$24724,258 SF2005
$281$26615,290 SF1994
$265$27123,613 SF2001
$284$27213,713 SF1998
$308$27610,516 SF1989

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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