The estimated taxable value in Miami-Dade for 2026 is $540.7 billion, the county’s property appraiser said.
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According to the Property Appraiser of Miami-Dade County, a report released on Tuesday showed the taxable values in Miami-Dade grew at an estimated rate of 5.5% this year.
The report outlines estimated taxable values across Miami-Dade, which are used as a basis for local government budgeting and tax decisions.
In 2025, the growth was 8.7%, and in 2024 the growth was 12%.
The numbers represent that there is growth, but it is cooling of slightly.
Since these numbers are estimates, the values could change until the officials numbers come out on July 1.
On Tuesday, the Florida Legislature approved Gov. Ron DeSantis’ property tax cut plan during a special session in Tallahassee.
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The plan would raise the current the current $50,000 homestead exemption limit to $150,000 in January 2027 and $250,000 in January 2028. But it would not apply to school district levies.
The property tax proposal will appear on the November ballot for voters to consider, and it will require 60 percent support from the electorate to take effect.
Portions of this story were created the help of a generative AI tool. An NBC6 editor reviewed the story.
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