Miami-Dade Property Appraiser seeks higher valuations — leading to bigger tax bills — for Miami-Dade dev sites, Dolphin Mall and cruise ship terminal
Miami-Dade Property Appraiser Tomas Regalado is seeking higher market valuations for a handful of signature properties and development sites in the county. During a two-day span of July 29 and July 30, the property appraiser’s office filed separate lawsuits in Miami-Dade Circuit Court against 17 owners that scored reductions in their properties’ market values in 2024, which in turn led to lower property tax bills. Some of the defendants include affiliates of New York-based investment giant Blackstone, Indianapolis-based national shopping mall owner Simon Property Group, Miami-based cruise line Royal Caribbean Group and San Francisco-based industrial real estate investment firm Prologis. […]This article originally appeared on The Real Deal. Click here to read the full story.
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