Malls Pay the Most on Miami-Dade Property Tax Bills
Can you guess which commercial property has the highest property tax bill in Miami-Dade County?
June 09, 2017 at 01:00 AM
4 minute read
Miami-Dade County commercial property owners don't have it easy when it comes to paying taxes.
Sweetwater's Dolphin Mall shelled out more than $10.7 million on 2016 property taxes — the highest paid countywide. That's much higher than the U.S. Bank Tower in Los Angeles, which paid about $4.3 million last year, or the iconic Transamerica Pyramid in San Francisco, which paid $2.8 million, according to Commercial Cafe, an online real estate platform.
The 1.4 million-square-foot Dolphin Mall is the second largest retail center in Miami-Dade. Built in 2000 and renovated in 2014, the mall was the only property to exceed the $10 million mark in property taxes across the county.
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