Over-assessed vs. comparables

790 E 49 St

Hialeah, 33013 · Miami-Dade County, Florida · commercial property · 932 sq ft · Fla. Stat. s.193.011(8)

$4,675estimated 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

Miami-Dade public rollFlorida
Current assessment$626,405
What the comparable sales support$385,415
Estimated over-assessment$240,990 · 38.5%
Comparable basis$487/SF
Estimated tax saved / year$4,675

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
$340$331971 SF1981
$353$357950 SF1989
$359$3621,100 SF1985
$379$378963 SF1986
$414$407979 SF1983
$574$566802 SF1987
$558$5731,030 SF1990
$584$587994 SF1987

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 790 E 49 St 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