Possible over-assessment

321 E Michigan St

Orlando, 32806 · Orange County, Florida · commercial property · 11,334 sq ft · Fla. Stat. s.193.011(8)

$768estimated 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

Orange public rollFlorida
Current assessment$2,058,213
What the comparable sales support$2,015,282
Estimated over-assessment$42,931 · 2.1%
Comparable basis$209/SF
Estimated tax saved / year$768

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
$87$8310,330 SF1950
$108$1078,352 SF1962
$102$10710,771 SF1969
$114$11412,987 SF1955
$199$20912,174 SF1966
$205$21012,672 SF1960
$276$26810,852 SF1953
$266$2699,007 SF1964

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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