Possible over-assessment

4010 S Ocean Dr

Hollywood, 33019 · Broward County, Florida · commercial property · 1,054 sq ft · Fla. Stat. s.193.011(8)

$1,106estimated 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$712,070
What the comparable sales support$658,125
Estimated over-assessment$53,945 · 7.6%
Comparable basis$694/SF
Estimated tax saved / year$1,106

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
$521$5211,055 SF2019
$651$6521,075 SF2019
$664$6641,055 SF2019
$669$6691,054 SF2019
$690$6891,044 SF2019
$699$6991,044 SF2019
$707$7071,054 SF2019
$710$7111,060 SF2019

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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