Commercial
Appraisal & Analysis

The Commercial Department is responsible for income-producing properties and businesses, such as retail stores, offices and warehouses, 10 or more unit rental apartments, cemeteries and golf courses. Vacant commercial and industrial land also is assessed for land value.

Q. How is commercial property appraised?
A. Commercial property is appraised primarily by using the income capitalization approach.

Deputy appraisers look at rent rolls and operating statements provided by property owners. Rental rates, expenses, vacancy and other operating data are analyzed and compared to similar properties. The information provided is exempt from Florida's Public Records law and is kept confidential.

Q. How often is commercial property checked?
A. Because income can fluctuate from year-to-year, we request business data annually. A deputy appraiser inspects the property at least once every three years.

Q. If I disagree with the assessment, can I get a review?
A. We are happy to go over your assessment with you at any time. Please bring documents, such as the rent roll, financial operating statement, current appraisal or estimate of repair costs.

Improved commercial and industrial properties, call us at (561) 355-3988.

Apartments and retirement facilities, call us at (561) 355-3831.

Vacant commercial and industrial land, call us at (561) 355-4090.