Property taxes in Coral Springs are going up. Here’s what you can expect
.jpg "According to Zillow, the average Coral Springs home was worth $545,469 as of Jan. 1, 2025.")
Coral Springs commissioners unanimously passed the 2025-2026 city budget on Thursday, Sept. 25, maintaining the 6.0232% millage rate. Higher property values mean an estimated $5.8 million added to the city’s coffers.
Staff from the Broward County Property Appraiser’s Office assess every home’s value as of Jan. 1 each year, taking sale prices and market influences into account.
The city, county, and school board set tax rates as part of their independent budgeting processes later in the year. The total rate is then applied to a property’s taxable value — its assessed value minus any exemptions.
According to Zillow, the average Coral Springs home was worth $545,469 as of Jan. 1, 2025. That means property owners can expect to pay an additional $33 to the city compared to last year.
Want to estimate how much you’ll pay? Try this tool.
The true number may be lower, depending on which, if any, property tax exemptions homeowners have.
The most common exemption is the Homestead Exemption, which is available to any legal Florida resident who owns the property that they live in — houses, condos, co-op apartments and some mobile home lots.
According to the Broward County Property Appraiser’s website, this exemption saved homeowners between $652 and $1,005 on their tax bill last year.
Additional exemptions are available for homeowners matching any of the following criteria:
- Disability
- Blindness
- Widowed
- Low-income senior
- Deployed military
- Disabled veteran or first responder
- Surviving spouse of a military veteran or first responder
Historic properties and additions to pre-existing homes intended for parents or grandparents may also receive certain exemptions.
This story was originally published September 26, 2025 at 11:08 AM.
