Possible over-assessment

501 Diplomat Pkwy

Hallandale Beach, 33009 · Broward County, Florida · commercial property · 26,694 sq ft · Fla. Stat. s.193.011(8)

$85,836estimated 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$9,103,970
What the comparable sales support$4,916,826
Estimated over-assessment$4,187,144 · 46.0%
Comparable basis$205/SF
Estimated tax saved / year$85,836

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
$123$11932,579 SF1989
$150$15323,989 SF2006
$180$18535,674 SF1999
$198$18926,210 SF1991
$207$20114,959 SF2003
$202$20824,215 SF2008
$264$25214,596 SF2000
$271$27318,471 SF2008

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 501 Diplomat Pkwy 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