In a press release issued on June 1, 2021, the Miami-Dade County Property Appraiser, Pedro J. Garcia released the 2021 June 1st estimate of taxable values to the taxing authorities. The June 1st estimate is provided to the taxing authorities to assist them with their budget preparations. However, the values released on June 1st are only…
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…
On Saturday, June 27, Governor DeSantis signed HB 0469 into law to remove the requirement for subscribing witnesses to a lease of real property. Landlords can now use their discretion if they will require a witness signature. Prior to signing this into law, all leases, regardless of the space size and term, were required to have…
Walt Disney Parks and Resorts US, Inc filed a complaint against the Orange County Property Appraiser and its value of the Disney Yacht & Beach Clubs. The 2015 market value was $336,92,772, an increase of 118% from the previous year’s assessment. The property consisted of 1,197 guest rooms, 70,000 square feet of conference center space, restaurants,…
On June 16, 2020 the NAIOP South Florida Chapter recognized FirstPointe Advisors’ Partner, Nicholas Mau, with the prestigious “Bob Langley” award as co-Member of the Year. Nick has been actively involved with the organization by devoting his time to execute on the vision of NAIOP programing. He has been an active member of the Developing Leaders…
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…
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