Miami Taxable Property Values Have More Than Doubled In A Decade To Their Highest Level Ever

Miami-Dade’s property appraiser released its annual Estimates of Taxable Value, and it shows new records have been broken once again.

As of June 1, taxable property values in the city of Miami were estimated to have risen 4% compared to the same time last year.

Overall, taxable property values in the city of Miami have more than doubled over the past decade from $30.2 billion in June 2011 to $65.6 billion in 2021.

Much of that increase came through new construction.

In 2021 alone, an estimated $1.6 billion worth of new construction was added to the tax rolls.

Sunny Isles ranked second for new construction added in 2021, with a total of $1.3 billion in new property built.

Countywide in 2021, property values were up 1.9% excluding new construction and 3.6% with new construction.

Over the past decade, countywide taxable property values have risen 81%,  from $186 billion in 2011 to $336 billion in 2021.

 

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Anonymous
3 months ago

Ok, so take that tax revenue and build some fucking transit

POLO
3 months ago

It will never happen! Buy you’re electric car. It’s the best option.

Anonymous
3 months ago

Half of that money is Wasted on the red MAGA counties that produce nothing.
Another reason why Florida must be divided into two states: South West Alabama and Florida (we keep Orlando and Tampa)
Jacksonville will be part of the new Blue Georgia.

Anonymous
3 months ago

that isnt how city taxes work, you need help guy.

Anonymous
3 months ago

You can’t help stupid.

Anonymous
3 months ago

Especially Democraps who can’t tell direction, and call east of Alabama “Southwest Alabama.”

Anonymous
3 months ago

yes and open more restuarants on the water

Anonymous
3 months ago

You mean Southeast Alabama?

Anonymous
3 months ago

Yes. My bad

Anonymous
3 months ago

Palm Beach, Broward, Miami-Dade, and the Florida Keys should become the State of South Florida (blue baby). Tampa to Orlando the State of Central Florida (blue baby). Live the rest to the State of I Drank the Kool-Aid (red racists).

Anonymous
3 months ago

Make Central and South FL one BIG BLUE STATE

Anonymous
3 months ago

Make Central and South FL one BIG BLUE STATE

IF WE MAKE FLORIDA A BLUE STATE.. where all the people leaving the blue states are going to go ? are we then get bail out by taxpayers money when the next Chinese pandemic gets here ?

Go DeSantis !!! Keep Florida Red !!! 🥰

Anonymous
3 months ago

Northeasters com’on down!!!

Anonymous
3 months ago

You might just as well say we should become North Cuba, mong.

Anonymous
3 months ago

Texas produces nothing? Also, their constitution allows it to split into five States, canceling out any potential Democrap power grabs. Georgia will be red again when Abrams is locked up for legitimately meddling in the electoral process, and commie wifebeater and carpetbagger pajama boy lose to candidates who aren’t cuckservatives. You wonder why they’re so afraid of Congresswoman Greene, while AOC plus three have been spouting outrageous stuff for almost three years?

Anonymous
3 months ago

“Georgia will be red again?”

Even Georgia said “damn, I have to get out of this Republitarded.” party.” And Liz Cheney has bigger balls than Mitch McConnell.

Anonymous
3 months ago

Isn’t the Democratic Party the one of Jim Crow, the pro slavery and the one of the KkK ?🤓🤓🤓🤓

Anonymous
3 months ago

Funny but I always see blue coat Republican soldiers in movies kicking the Indians ass.

Anonymous
3 months ago

That’s Hollywod! My comment was real … Democrats was the party of slavery KKK and Jim Crow …. and even Biden is racist number one but now he’s sweeting the pay with all his wine policies !! 🤪

Anonymous
3 months ago

Hollywood does sometimes mimic what actually happened in this country. The name you call yourself and a group of people you hangout with means nothing. You can call yourselves the “Apple” party,” who cares? What you and the people you hang out with do is what really matters. Right now, the Republican party is known to contain the most racist and foul elements that contaminates this country. If you don’t believe that, do some researching on your own.

Anonymous
3 months ago

You’re trying to educate the dumb, deaf and blind. Let them eventually come to reality. It’ll be too late then…

Anonymous
3 months ago

“Isn’t the Democratic Party the one of Jim Crow, the pro slavery and the one of the KkK ?”
Yes. That is correct.

But they tell everyone that there was a “Big Switch”. There wasn’t, but the strategy is always to keep their electorate “Unaware and Uniformed”

Anonymous
3 months ago

“Half of that money is Wasted on the red MAGA counties that produce nothing.”
Ironically, about 40% of the PROPERTY tax revenue goes to local schools. You can not tell by some of the horrendously uneducated comments, like the comment quoted, but they do.

Anonymous
3 months ago

They will build a second baseball stadium to replace the existing one before they ever do that.

Anonymous
3 months ago

Nah, apparently it has to be diverted to the airport to support non-Americans getting vaccines instead.

Anonymous
3 months ago

Seems like we should get a rate reduction then.

CitizenM mural ugly as sin
3 months ago

CitizenM mural is so bad. It looks like a bilabong bathing suit or a bad acid trip. Someone make a petition for removal please!

Anonymous
3 months ago

Agree!! Also the Mural in the new Hotel looks weird !!! Every time I see it from my balcony, I see the head of Lisa Simpson on it !! 🤪

GTS BOOMER
3 months ago

Nah it looks fine.

Anonymous
3 months ago

Maybe to Picasso, but to me, it’s butt ugly!

Anonymous
3 months ago

Miami keeps winning!

Anonymous
3 months ago

Great,

Anonymous
3 months ago

Great, now we have more money for this new money maker business called Critical Theory!!! 😆

Anonymous
3 months ago

“Great, now we have more money for this new money maker business called Critical Theory!!! 😆”

Um, wtf?

Anonymous
3 months ago

Lots of companies and government hiring and paying lots of money to consultants on Diversity, Equity and Inclusiveness, paying a lot to tell us White people are racist, capitalism is bad🥸 and the failure of underprivileged people is not the failure of liberal policies in the last 50 years but because Anerica is bad !!!

Anonymous
3 months ago

Whining about the shoes you’re told to wear is childish.

Anonymous
3 months ago

That mural on citizen M sucks ass

Anonymous
3 months ago

CitizenM mural makes me want to throw up.

Anonymous
3 months ago

It looks like something from the 60’s flower power era.

Anonymous
3 months ago

Any Hot city has terrible traffic in the US, you can go to Hialeah , Fort Meade, or Jupiter, Fl if the cost of living is too high, where have black people taken over Miami? If anything latino’s “took over” Miami. We’re not a lawless city, if you commit crimes you will be punished.

Anonymous
3 months ago

That Mural on the CitizenM hotel has got to go! Why anyone considered that BS as art is beyond comprehension and looks like someone was on a serious acid trip when they decided on it.

Anonymous
3 months ago

Actually think it looks great. Just terrible that its on a big blank wall.

Anonymous
3 months ago

Big blank walls are the root of the problem. Without them, murals wouldn’t be necessary and the view above wouldn’t be spoiled.

Anonymous
3 months ago

“Just terrible that its on a big blank wall?”

You’ve got to be kidding me, that crap would look terrible on anything!

Anonymous
3 months ago

no one asked you your opinion

Anonymous
3 months ago

Neither yours…

Anonymous
3 months ago

Have you ever noticed how they don’t allow that kinda bullshit on Miami Beach?

Anonymous
3 months ago

It better than a dirty wall that hasn’t been pressure washed in 25+ years. Like some of MDC properties.

Anonymous
3 months ago

Murals fade and decay, like that whale one.

Anonymous
3 months ago

You must be on a whole tab of acid?

chonchon
3 months ago

need to keep gentrifying the double A hoods and making them Latin or another hard working immigrant community could go in and make it livable !

Anonymous
3 months ago

Great, so don’t complain when Little Havana is called Riverside again, like nobody did when Little San Juan reverted to Wynwood.

Anonymous
3 months ago

I remember when we at one time called Wynwood little “Puerto Rico.”

Anonymous
3 months ago

“need to keep gentrifying the double A hoods and making them Latin or another hard working immigrant community could go in and make it livable !”

Yeah, fuk working to change conditions right here where I from, I’ll just contribute to fuking the place up and then illegally run over to USA and tell them all kinds of lies when they catch me!

Anonymous
3 months ago

“need to keep gentrifying the double A hoods”

Northeasterners and Californians, we welcome all of you with open arms.

GTS BOOMER
3 months ago

America has always been a horrible place to live, white people just like to ignore the past and look down on other races though. Ain’t nun more horrible than stealing a whole country… or driving a people to bear extinction… or- nvm you get the drift. Your crimes rank on national terrorism, you have no right to speak ill of others race.

Anonymous
3 months ago

Your spelling says it all about racist ignorant MAGA pigs

Anonymous
3 months ago

Not all the black oriole agree with BLM and not all the MAGA people are pigs… but for sure YOU and the guy who made the comment about black people are racist !! 🤨

Anonymous
3 months ago

There are definitely trolls that come here and blurt these nonsensical comments. Whoever this person is, is trying to drum up controversy from either side of the political spectrum.

Anonymous
3 months ago

6 shootings over the weekend..all black people involved. I am telling you..Black people are ruining Miami. Just go to Midtown, Wynwood, South Beach, Design District… Have you seen those motorcycle gangs riding with illegal bikes? about 50 careless guys taking over the streets…all Black…I could care less about the color of the skin..I am just reporting what I see with my eyes. If they were asians, latinos or from wherever, I would be saying the same thing.

Anonymous
3 months ago

Latinos ruin the streets of miami with their terrible driving. How many people die from car accidents every day.
I am just reporting what i see with my eyes.

Anonymous
3 months ago

Black people had to but with Cuban and Colombian drug wars for years and years. At least three people a day were dying like flies in Miami. Movies were even made about that shit. I remember when Miami was named the “Drug Capital of the World” because of all the cocaine flooding in from South America. Black people in Miami had to put with thousands of Cubans who floated in from the Mariel Harbor and a vicious drug war between Latinos that included bombings and shootings like no one had ever seen before. But Black people saw the city changing and put up with all that. And you wanna know why?.. because black people had been dealing with slavery, lynchings, and straight up bigotry in this country for so long that they say, “oh well, some more f-ed up bs don’t bother me” no matter what race wants to bring it. One thing black people won’t do is cry.. they just die and multiply.