Broward County, FL Property Tax Information

The Florida Property Tax Statute and the Florida State Consitution are the main legal documents regarding taxation in the State of Florida. Taxes are determined at local levels, being used for schools, fire and police protection, and other public services and benefits.

Market Value

In Broward County the just values, also known as market values, for all taxable real property are determined by property appraiser as of January 1 of each year. Market value has been defined by The Supreme Court as the sale price of real estate as agreed upon between a willing buyer and willing seller, with neither being under duress to buy or sell.

Assessed Value

Property appraiser is also responsible for establishing the assessed values. All properties are reassessed every year at 100% of the market value. However, if the property is assessed under Save Our Homes Amendment, the assessed value will not reflect the market value.
In case of change of ownership, property shall be assessed at just value as of January 1 of the following year, unless other provisions apply.

Property Tax

Broward County provides taxpayers with a variety of tax exemptions that may lower property's tax bill. These are deducted from the assessed value to give the property's taxable value.
Property tax is calculated by multiplying the property's taxable value by the tax rate applicable to it.
Current tax represents the amount the present owner pays including exemptions.
Base tax represents what an owner NOT benefiting from any exemptions would pay.
Nevertheless, actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs or to non ad-valorem taxes such as garbage or fire.

For more information please visit Broward County's Property Appraiser and Records, Taxes and Treasury Division, or look up a property's current tax situation here.