The Property Appraisers across the State of Florida are tasked annually with estimating the Fair Market Value for all the Real Estate Parcels and Tangible Personal Property Accounts located within their respective jurisdictions. On May 28, 2021, the Broward County Property Appraiser’s Office submitted their June 1st Estimate of Taxable Values to the taxing authorities located…
Brian DePotter, Managing Partner, FirstPointe Advisors, LLC and NAIOP Florida Board Member and NAIOP South Florida Legislative Affairs Co-Chair plays instrumental role in the passage of the major reduction to the business rent tax. NAIOP South Florida published the below press release on April 20, 2021. FORT LAUDERDALE, Fla. (April 20, 2021) – NAIOP South Florida,…
It’s that time of year again!! If you are an Owner or Manager of real estate in Florida, you should have received your 2020 TRIM (Truth in Millage) Notice(s). An appeal of your property’s Fair Market Value must be filed within 25 days of the date the TRIM Notice was mailed or the date that is specified on…
Mike Twitty, the Pinellas County Property Appraiser released the 2020 preliminary taxable values on July 1st and the numbers show an increase of ~7.27% over 2019. According to the release, the 2020 taxable values are $91.68 Billion as compared to $85.46 Billion in 2019. Of the increase in taxable values year over year, new construction added…
According to a June 17th article in the Herald-Tribune, the Sarasota County 2020 taxable values will exceed their pre-great recession highs from 2007. With county-wide preliminary values estimated to exceed $65 Billion, they surpass the previous high of just over $62 Billion from 2007. Similar to Sarasota County, Manatee County just to the North also saw an…
FirstPointe Advisors, LLC is excited to welcome Agustin Smith this summer to participate in our 12-week internship program. He is currently enrolled at the Florida State University where he is pursuing a double major in Real Estate and Finance. During his time with FirstPointe, Agustin will focus on learning about the Value Adjustment Board process and…
Lee County Property Appraiser, Kenneth Wilkinson has released the June 1st estimates for the 2020 tax year for all property assessed and taxed within Lee County. Nearly 13 years later, Lee County’s estimated total real estate values are back to pre-Great Recession levels. The 2020 values, based on a valuation date of January 1, 2020 are estimated…
On June 2nd, Rick Singh, the Orange County Property Appraiser released his offices’ June 1st Estimates of Taxable Value throughout the County. According to his press release, Orange County has a total 2020 Market Value that “now tops $220.1 Billion”; an increase of 5.6% over 2019. The release goes on to indicate that Orange County overall, showed…
According to a Palm Beach Post interview with Dorothy Jacks, the Palm Beach County Property Appraiser, Palm Beach County taxable values have increased 5.5% over the final 2019 taxable values. She was clear to state that these are pre-pandemic values based on a valuation date of January 1, 2020. Overall, the county grew from $198 Billion…
The Broward County Property Appraiser’s Office has released the 2020 June 1st Estimates of County-Wide taxable value to the taxing authorities. Overall, the taxable value County-wide increased 6.14% inclusive of nearly $2.72 Billion in new construction. The taxable value County-wide now stands at over $211 Billion as compared to the 2019 final taxable value of $199 Billion.…
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