$6.1B In New Construction Added In Miami-Dade Over The Past Year

Miami-Dade County Property values rose significantly last year, and new construction helped add to that growth.

Overall taxable values in the county were up 10%, according to an official June 1st estimate released by the county’s Property Appraiser office.

Total taxable property values in Miami-Dade are now at $469B, up $43B compared to 2023. Of that increase, $6.1B came from new construction.

Overall taxable property values in Miami-Dade are up 53% since 2019, the year before the pandemic.

Here’s the June 1st countywide estimated taxable property values in Miami-Dade from recent years:

Here’s the amount of new construction added to Miami-Dade County tax rolls over the past few years: