Broward County, FL — Property Tax Underwriting Guide
Florida · Annual market review
What this means for multifamily underwriting
Broward County (Fort Lauderdale, Hollywood, Pompano Beach) is a major South Florida multifamily market. The 10% non-homestead annual cap resets on qualifying ownership changes, so acquiring at a cap-protected assessed value below market fully exposes the buyer to market reassessment.
Transaction type breakdown
Non-homestead commercial/multifamily is reassessed to just (market) value annually. The 10% annual non-homestead cap resets on qualifying ownership changes or transfers of control, reverting the assessment to full just value.
Refinance alone does not trigger reassessment.
Sale, foreclosure, or qualifying transfer of ownership removes the 10% non-homestead cap, exposing the full just-value basis.
Tax appeal information
17.0 mill (1.7% effective) is a mid-county estimate for Broward.
Guide review
County guidance last reviewed: June 15, 2026
Appeal guidance last reviewed: July 23, 2026
Tax-rate scope: County-level underwriting placeholder; not a parcel-specific tax rate.
Official sources: Broward Property Appraiser
Initial value appeal: County Value Adjustment Board (VAB) — File within 25 days of the Notice of Proposed Property Taxes (TRIM notice).
Separate escalation: Circuit Court — A lawsuit challenging a VAB decision or tax-roll certification has a separate state-law deadline; confirm the current path and deadline with counsel.
Market-annual model and cap-reset rule are verified; combined millage is a county-level placeholder.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Broward County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Broward County deal.