Your taxes likely will go up as South Florida’s property values keep rising
Cities use these property value estimates to decide your property tax rate, a process that begins this summer.
Properties have increased an average of about 5% in taxable value in Broward and Palm Beach counties, according to newly released estimates from the counties’ property appraisers, based on sales from Jan. 2, 2020, through Jan. 1 this year. They rose by more than 3% in Miami-Dade.
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