We Played "Guess the Property Tax" in a Miami Neighborhood

🎥 Guessing Property Taxes in a Miami Neighborhood – You’ll Be Surprised!

If you’ve ever driven through a beautiful Miami neighborhood and wondered, “How much do these people pay in property taxes?” — you’re not alone. That curiosity is exactly what inspired our latest real estate video: "We Played 'Guess the Property Tax' in a Miami Neighborhood."

And let’s just say... the guesses were all over the place 😅

🏡 The Game: Guess the Property Tax

We walked through a stunning Miami neighborhood, surrounded by million-dollar homes, palm trees, and the kind of curb appeal that screams “luxury.” Then we asked locals, visitors, and real estate pros one simple question:

"How much do you think this homeowner pays in property taxes?"

The answers ranged from very conservative to wildly over-the-top. Some folks guessed $5,000, others went all the way up to $50,000! Watching the reactions when we revealed the real numbers? Priceless.

💰 The Reality of Miami Property Taxes

What this game showed us is that most people don’t really know how property taxes work — especially in Miami. Between homestead exemptions, property value assessments, and millage rates, it’s easy to misunderstand how those numbers are calculated.

Here’s a quick reality check for anyone buying or investing in Miami real estate:

• Property taxes are generally around 2% of assessed value in Miami-Dade County.

• Homestead exemptions can knock a significant amount off the taxable value for primary residents.

• Luxury homes can carry hefty tax bills, but not always as high as people think.

We used real data from the Miami-Dade Property Appraiser’s Office to fact-check each guess in the video — and some were surprisingly accurate!

✅ What You’ll Learn

• How property taxes are actually calculated in Miami

• Why people overestimate (or underestimate) taxes

• The difference between market value and assessed value

• Real reactions from Miami locals and buyers