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Brickell City Centre Added $1B To Dade’s Record-Breaking Tax Rolls

The overall value of property in Miami-Dade is now at a new record, according to the county tax office.

Total taxable value is now estimated at $272 billion, which is the highest level ever for the county in nominal (but not inflation adjusted) terms. The increase is 8.2% in just the past year, and 11.3% in Miami.

Brickell City Centre alone added over $1 billion in taxable value to the county rolls last year. The project was part of $8 billion in new construction completed countywide, including $2.9 billion within Miami city limits.

Existing properties are still said to be increasing in value, although not as fast as in the past few years.

In the past six years, Dade taxable value is up 45% from a $187 billion base in 2011. The previous record years were in 2007 and 2008, when taxable values were at $245 billion.

 

 

 

 

 

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10 Comments on "Brickell City Centre Added $1B To Dade’s Record-Breaking Tax Rolls"

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Anonymous
Anonymous

and no new transit to speak of. SMH…

Wang
Wang

And they can’t build a dozen miles of new rail or build any new road without erecting a toll collector every 200 feet. Amazing.

Anonymous
Anonymous

Who’s pockets is this going into because it’s not the area. Brickell streets are a mess – dirty, rat infested and simply in bad shape. All of 1st ave and intersections were flooded Saturday and not only has it seen a growth in residents but also homeless sleeping in the middle of sidewalks.

Marc305
Marc305

My thoughts exactly. Saturday was a complete mess, the streets need to be cleaned, and also fix the lights on the streets, many of them have their bulbs burned out.

Anonymous
Anonymous

A smell a big raise to county employees and pension funds.. never fails.

Brickellite
Brickellite

Take the $ and cut property taxes.

Anonymous
Anonymous

Keeps them as they are and build some public transport, given the amount of development it’s hard to find these taxes as stifling

Anonymous
Anonymous

Please make some good Public Schools in Brickell… tax payers deserve better schools in that area.

Anonymous
Anonymous

You can’t throw money at schools and expect them to be better. The whole system is rotten to the core and needs to be fixed.

Anonymous
Anonymous

Miami government still blows a big ****

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