Brickell City Centre Sues Dade Property Appraiser, Says Their Taxes Are Too High

Brickell City Centre’s parent company has filed a lawsuit against Miami-Dade’s property appraiser over a property tax bill.

At issue is the valuation of the three-level Saks store at the mall. The building size is listed at 108,584 square feet in county records.

Miami-Dade valued the building at $18 million for tax year 2018, which works out to around $166 per square foot. The total tax bill for the year was $385,443.

Brickell City Centre claims in the lawsuit that the figure is “arbitrarily based on appraisal practices which are not professionally accepted appraisal practices nor acceptable mass appraisal standards within Miami-Dade County.”

Brickell City Centre Retail LLC is the entity that filed the lawsuit.

The mall is owned by Swire Properties (62.93%), Simon Property Group (25%) and Bal Harbour Shops
(12.07%). Bal Harbour Shops has an option, exercisable from 2020, to sell its interest to Swire Properties.

The lawsuit was filed July 26.

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Anonymous
2 years ago

It’s not like those taxes are used for anything decent anyway, like extending Metrorail to Miami Beach or upgrading streets to be more walkable.

Anonymous
2 years ago

Those taxes will make those surrounding streets roads somewhat decent….

Francois Lopez
2 years ago

most $$ goes to school board ! we should demand an accounting.

Anonymous
2 years ago

$144 per sqft and they are fighting? Really?. They are charging north of $100per year in rent to most of the Tenants. That retail is worth at least $1,000sqft there.

Anonymous
2 years ago

Pay up. Swire is just trying to save money since they have to pay RE tax on all their unsold condos.

Markavious Rolle
2 years ago

Just Pay up!

Taxes are wasted
2 years ago

Property Taxes go to Miami-Dade County, The City of Miami and the School Board. 60% to 75% of the money
goes to pay and benefit packages for public sector employees. For example, 1,000 firemen with 7+ years of service cost the taxpayers $200,000+ per year in pay and benefits. Firemen with 1-3 years of service still cost the taxpayers $100,000+ per year.

Anonymous
2 years ago

Abolish taxation

Anonymous
2 years ago

sounds like a foundation for something…

Anonymous
2 years ago

That’s funny, no one in the street, just like inside BCC.

Anonymous
2 years ago

The place does look empty all the time. If foot traffic does not pick up, merchant leases will probably have to be renegotiated.

Anonymous
2 years ago

I guess these Republicons will blame the Democrats for this to.

Anonymous
2 years ago

this has nothing to do with Rep or Dem… nice try… lmao

Anonymous
2 years ago

Republicons are always blaming the Democrats for any increase when it comes to taxes.

Don’t you read?