Possible over-assessment

7441 Collins Ave

Miami Beach, 33141 · Miami-Dade County, Florida · commercial property · 6,041 sq ft · Fla. Stat. s.193.011(8)

$5,786estimated 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

Miami-Dade public rollFlorida
Current assessment$2,942,000
What the comparable sales support$2,643,740
Estimated over-assessment$298,260 · 10.1%
Comparable basis$515/SF
Estimated tax saved / year$5,786

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
$279$2856,451 SF1955
$303$3056,097 SF1953
$326$3326,898 SF1953
$443$4375,189 SF1952
$436$4415,728 SF1955
$603$5895,800 SF1948
$663$6776,933 SF1953
$724$7215,510 SF1953

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 7441 Collins Ave 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 Miami-Dade County

Other Miami-Dade County properties over the line