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CBRE Valuation & Advisory Services
Florida Multifamily
Tax Comps Update
CBRE
January 2024
Florida Multifamily Tax
Re-assessment Quick Reference
From CBRE’s Florida multifamily valuation team, this report details 2023 Tax Re-Assessment Comps for each county within all of Florida’s primary and secondary apartment markets.  

Highlights of the analysis are included below, and the full document can be downloaded with the link to the right.

Due to changing market conditions, we understand that current assessments for many properties may be above the levels indicated. For insights on how this may impact the valuation for your property, please contact us. 
Central Florida
OrangeMin 72%  |  Avg 81%  |  Max 89%
SeminoleMin 63%  |  Avg 77%  |  Max 86%
OsceolaMin 72%  |  Avg 81%  |  Max 93%
LakeMin 49%  |  Avg 69%  |  Max 82%
BrevardMin 48%  |  Avg 61%  |  Max 77%
VolusiaMin 54%  |  Avg 72%  |  Max 90%
Northeast Florida
DuvalMin 72%  |  Avg 78%  |  Max 87%
ClayMin 82%  |  Avg 84%  |  Max 87%
St JohnsMin 60%  |  Avg 69%  |  Max 81%
NassauMin 71%  |  Avg 82%  |  Max 85%
West Coast Florida
HillsboroughMin 73%  |  Avg 79%  |  Max 82%
PinellasMin 80%  |  Avg 83%  |  Max 85%
PascoMin 69%  |  Avg 76%  |  Max 86%
PolkMin 76%  |  Avg 80%  |  Max 84%
AlachuaMin 59%  |  Avg 78%  |  Max 94%
MarionMin 50%  |  Avg 75%  |  Max 84%
Southwest Florida
ManateeMin 66%  |  Avg 81%  |  Max 90%
SarasotaMin 77%  |  Avg 80%  |  Max 85%
LeeMin 76%  |  Avg 85%  |  Max 93%
CollierMin 65%  |  Avg 77%  |  Max 84%
Northwest Florida
BayMin 63%  |  Avg 77%  |  Max 85%
EscambiaMin 68%  |  Avg 77%  |  Max 81%
LeonMin 67%  |  Avg 74%  |  Max 83%
OkaloosaMin 61%  |  Avg 75%  |  Max 81%
WaltonMin 65%  |  Avg 78%  |  Max 89%
South Florida
Palm BeachMin 55%  |  Avg 74%  |  Max 84%
BrowardMin 72%  |  Avg 79%  |  Max 90%
Miami-DadeMin 69%  |  Avg 79%  |  Max 86%
For more information, please contact:
Central & Northeast Florida
Allan Brown, MAI
Vice President
+1 407 839 3105
allan.brown@cbre.com 
Northwest Florida
Brent Scott, MAI
Vice President
+1 850 727 0059
brent.scott@cbre.com 
Northeast Florida
Jason Ward, MAI
Vice President
+1 770 546 3755
jason,.ward@cbre.com  
West Coast Florida
Chris Carbone
Vice President
+1 813 868 8015
chris.carbone@cbre.com 
West Coast Florida
Nathan VanSteenbergen, MAI
Vice President
+1 813 868 8006
nathan.vansteenbergen@cbre.com 
West Coast Florida
Jeremy Domanich, MAI
Vice President
+1 813 868 8011
jeremy.domanich@cbre.com 
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