Property Taxes at Hollywood Beach

The One Confirmed Number: 8.0132 Mills, City of Hollywood, FY2025

The City of Hollywood publishes its own answer to "what is the city's current property tax rate" directly on its website: for fiscal year 2025, the total millage rate is 8.0132 mills, split between a 7.4479-mill operating rate and a 0.5653-mill voted debt-service rate. That total represents a decrease of 0.0714 mills from the FY2024 total -- a modest reduction, not a dramatic swing, and notably different from the kind of large, headline-making rate cuts some other Florida and coastal markets have seen following aggressive reassessments. A mill equals $1 of tax per $1,000 of assessed (taxable) value, so at 8.0132 mills, a Hollywood property with a taxable value of $500,000 would owe roughly $4,007 to the city alone, before any other taxing authority's share is added.

This is genuinely the one number on this page independently confirmed from the city's own primary source rather than a secondary aggregator, and it applies citywide -- including Hollywood Beach -- not just to the mainland portion of the city.

The Layers Stacked on Top: County, Schools, and a Hospital District

The 8.0132-mill city rate is only one layer of a Hollywood Beach property tax bill. Broward County itself levies a countywide millage, the Broward County School Board levies a separate and typically substantial millage for education, and the South Broward Hospital District -- which funds Memorial Healthcare System, including Memorial Regional Hospital -- levies its own millage specific to south Broward. Multiple Broward property-tax guides (Ownwell, JVM Lending) describe the resulting combined rate, once all of these layers are added to the applicable municipal rate, as generally running somewhere in the range of 16 to 23 mills depending on the specific city and special taxing district a parcel falls within -- with certain cities noted as running toward the higher end of that range due to additional local assessments.

This page does not add those individually-sourced-elsewhere rates to the confirmed 8.0132-mill city figure and present the result as a single official combined number, because doing so would mean summing rates this research did not independently pull and verify for the current tax year. What can be said responsibly: expect the total combined millage on a Hollywood Beach property to land somewhere in that general 16-23 mill range, with the confirmed 8.0132-mill city portion representing roughly a third to half of the total bill depending on exactly where in that range the full combination falls.

What a Mill Actually Costs, at Hollywood Beach Price Points

Because Hollywood Beach property spans such a wide price range -- from mid-range single-family homes to $4 million-plus direct-oceanfront condos -- it's more useful to think in terms of cost per $100,000 of assessed value than to quote one dollar figure. At a combined rate of roughly 19 mills (roughly the midpoint of the general Broward range cited above), each $100,000 of taxable value costs about $1,900 a year in combined property tax. Applied to the price bands cited on this site's Real Cost of Ownership page -- a $700,000 oceanfront condo, an $800,000-$1.5 million waterfront single-family home, or a $2-4 million direct-Broadwalk property -- that arithmetic implies combined annual property tax bills very roughly in the $13,000 to $76,000 range across that spread, before any exemptions and before accounting for the fact that assessed (taxable) value is not always the same as market/purchase price. This is illustrative math based on a general range, not a quoted bill for any specific property, and it should be treated that way.

Homestead Exemption and Save Our Homes: Mostly Irrelevant for Buyers of Second Homes

Florida's homestead exemption reduces the taxable value of an owner-occupied primary residence, and the related Save Our Homes provision caps how much a homesteaded property's assessed value can increase year over year, regardless of how much market value rises. Both matter enormously for a long-term primary-resident owner, and essentially not at all for the large share of Hollywood Beach buyers purchasing a second home, vacation property, or investment/rental unit -- non-homestead property in Florida is reassessed differently (with its own, less generous annual assessment cap) and receives none of the homestead exemption's direct reduction.

This distinction matters specifically at Hollywood Beach because a meaningful share of the barrier island's buyer pool, historically, has been exactly the kind of seasonal or investment purchaser -- including the Quebec snowbird market this site's other pages cover -- for whom homestead exemption simply does not apply. Anyone comparing a listing's "current owner's tax bill" to what they would actually pay as a new, non-homesteaded buyer should expect the real number to run meaningfully higher than the seller's current bill, sometimes substantially so if the seller has held the property for many years under Save Our Homes protection.

Condo-Specific Costs This Page Deliberately Doesn't Fold Into 'Property Tax'

For condo buyers specifically, it's worth being explicit that property tax and condo association costs are two entirely separate line items, and the second can now be the larger one at an older Hollywood Beach building. Florida's SB 4-D milestone-inspection law and its accompanying Structural Integrity Reserve Study requirement -- both covered in more depth on this site's Real Cost of Ownership and Buying Process pages -- can produce monthly association-fee increases or one-time special assessments that dwarf a unit's actual property tax bill, particularly for a building now facing its first mandatory inspection at 25 years of age. Don't evaluate a Hollywood Beach condo's total carrying cost using property tax alone; pull the association's current fee schedule, reserve study, and any pending assessment before treating a unit's tax bill as the main recurring cost.

What This Page Doesn't Cover

This page states the one figure independently confirmed from the City of Hollywood's own source -- the 8.0132-mill FY2025 city rate -- and explains, without inventing precision it doesn't have, how the county, school, and hospital-district layers stack on top of it. It does not state the current Broward County countywide millage, Broward County School Board millage, or South Broward Hospital District millage as individually confirmed numbers, because this research did not pull each of those rates directly from its own taxing authority this pass. It also does not state a specific parcel's actual assessed value or current tax bill. Confirm the full, current combined millage and the actual assessed value for any specific Hollywood Beach parcel directly with the Broward County Property Appraiser's office before making a purchase decision. Nothing on this page is tax or legal advice.