Over-assessed vs. comparables

7290 Central Industrial Dr

Riviera Beach, 33404 · Palm Beach County, Florida · commercial property · 1,241 sq ft · Fla. Stat. s.193.011(8)

$5,472estimated 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

Palm Beach public rollFlorida
Current assessment$1,200,822
What the comparable sales support$898,477
Estimated over-assessment$302,345 · 25.2%
Comparable basis$852/SF
Estimated tax saved / year$5,472

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
$266$2661,600 SF1979
$503$4841,392 SF1974
$732$7001,250 SF1975
$853$8311,700 SF1972
$945$872704 SF1977
$1276$1181674 SF1978
$1623$1500720 SF1977
$2106$2109724 SF1993

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 7290 Central Industrial Dr 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 Palm Beach County

Other Palm Beach County properties over the line