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comparables vary by floor location from the 1st to the 3rd which may warrant an adjustment. <br />The SM considered all the data presented by both parties for the subject valuation. The SM deemed the best <br />comparables to be the six condo sales (minus the high outlier of $2,238 sf utilized by both parties) with the inclusioi <br />of the shared townhouse sale to incorporate the size, obstructed views, more private pool and overall privacy of two <br />units in the building. These seven sales return a value of $5,276,249 after the 15% cos. <br />The subject Just/Market value from the trim notice was $6,553,944 which is higher than the data indicates for the <br />subject. The PAO made an offer to the PET prior to the hearing which was rejected. <br />The data presented by both parties indicates a revision to the subject Just/Market value is warranted. <br />In conclusion, it is the magistrate's opinion that the PAO & PET sales provided sufficient credible data to determine <br />supported Just value for the subject. Factoring all the evidence provided, $5,276,249 is a supported Just Value for th <br />subject. The PET request for a value revision from the original $6,553,944 is approved based on the evidence <br />presented. <br />Conclusions of Law for Petition 2023-030: <br />Florida Law allows the Property Appraiser to establish a presumption of correctness.' For the Property Appraiser to <br />establish a presumption of correctness for the assessment, the admitted evidence must prove by a preponderance of d <br />evidence that the Property Appraiser's just valuation methodology, complies with Section 193.011, Florida Statutes ai <br />professionally accepted appraisal practices. In the instant matter, the Property Appraiser failed to establish a <br />presumption of correctness for the assessment because the admitted evidence fails to prove by a preponderance of the <br />evidence that the Property Appraiser's just valuation methodology complies with Section 193.011, Florida Statutes ai <br />professionally accepted appraisal practices. Further, competent substantial evidence of just value which cumulatively <br />meets the criteria of Section 193.011, Florida Statutes, and professionally accepted appraisal practices exists in the <br />record for Special Magistrate to establish a revised just value. <br />2023-030 Page 3 of 3 <br />-31- <br />