Possible over-assessment

250 S Dixie Hwy

Boca Raton, 33432 · Palm Beach County, Florida · commercial property · 5,891 sq ft · Fla. Stat. s.193.011(8)

$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

Palm Beach public rollFlorida
Current assessment$1,383,231
What the comparable sales support$1,339,825
Estimated over-assessment$43,406 · 3.1%
Comparable basis$268/SF
Estimated tax saved / year$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
$75$734,681 SF1963
$76$766,360 SF1963
$230$2255,322 SF1960
$249$2416,418 SF1955
$261$2535,556 SF1958
$282$2825,942 SF1963
$287$2995,744 SF1972
$300$3015,500 SF1965

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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