Tax Information

Real Estate Tax Information for Miami-Dade and Broward County
South Florida Tax Information
Property Taxes in Miami-Dade and Broward Counties

Along with each new home purchase come property taxes. New residents may wonder how the amount of Property Taxes is determined. The following formula can help you figure out your future Property Tax:

Assessed Value minus any exemptions, multiplied by the millage rate and divided by 1000.

The assessed value is determined by a Property Appraiser. Exemptions can be things such as, the property is being used for religious, educational, literary, government or scientific reasons. The definition of Millage Rate is: One mill equals $1.00 of tax for each $1,000 of property value. The millage rate is the total number of mills of tax assessed.

Proposed Taxes

Residents of Miami-Dade and Broward Counties will receive a Notice of Proposed Taxes each year by August 24th. There is a 25-day period where residents can receive an explanation of their assessed value. The Tax Notice will then be mailed in November to residents and become delinquent if not paid by April 1st. If a resident does not receive a Tax Bill in November it is their responsibility to contact the Tax Collector’s Office to get another copy.

Where to go for help

In Miami-Dade County
Miami-Dade Government Center
111 NW 1 Street
Miami,FL 33128
Phone: (305)375-1205
Fax: (305) 375-3024
Web: www.MiamiDade.gov

In Broward County
Property Tax payment can be made online at www.broward.org/revenue (no charge for electronic checks, charge for credit cards).
Credit Card payment can also be made over the phone at 1-800-601-1069

Payments can be mailed to:
Broward County Revenue Collection
PO Box 29009
Fort Lauderdale, FL 33302-9009

Payments can be made in person:
Governmental Center
115 S. Andrews Ave
Room A-100
Fort Lauderdale, FL 33302
or
South Regional Courthouse
3550 Hollywood Blvd
Hollywood, FL 33021

Exemption Information

As of January 29, 2008, an amendment to the Florida Constitution was approved to change part of the State’s Property Tax System. There is a $50,000 Homestead Exemption, a Transfer of Homestead Assessment Difference, 10% Cap on Homestead Property and Tangible Personal Property Exemption. To learn more about these changes and other exemptions please visit http://www.miamidade.gov/PA/

Florida Tax Information

http://www.floridataxappeals.com/links.html

Katya Hubbard has also provided some helpful calculators for buyers.

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©2012  Katya Hubbard / Beachfront Realty, Inc., Realtor
18205 Biscayne Blvd
Suite 2205
Aventura, FL 33160

direct: 954.559.8467
office: 305.933.3377
fax: 954.530.7271
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