Over-assessed vs. comparables

5381 N Federal Hwy

Pompano Beach, 33064 · Broward County, Florida · commercial property · 26,340 sq ft · Fla. Stat. s.193.011(8)

$26,666estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Broward public rollFlorida
Current assessment$6,457,580
What the comparable sales support$5,156,778
Estimated over-assessment$1,300,802 · 20.1%
Comparable basis$218/SF
Estimated tax saved / year$26,666

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
$113$11233,675 SF1976
$125$12526,328 SF1982
$123$12932,579 SF1989
$197$18928,804 SF1973
$198$20626,210 SF1991
$229$22925,406 SF1984
$269$26522,284 SF1983
$291$27715,812 SF1981

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 5381 N Federal Hwy 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.