Specialists in Florida’s Middle Market Tax Exemption
Unlocking Value for Florida’s Qualified Owners through the Live Local Act
Headquartered in Florida, JeffersonBroad Advisors helps qualified multifamily property owners, investors, and developers secure property tax relief through the Live Local Act’s Middle Market Exemption (MME). We have hands-on experience working with the Florida Housing Finance Corporation, County Property Appraisers, qualified rent study firms, and property management firms.
Our founder, Justin W. Terry, has been involved in every part of the process — from the initial application and income verification to a successful appeal of a declined exemption — and has built lasting relationships with the people and agencies that administer the program.
With more than 20 years of experience in real estate development, Justin has been involved in due diligence, planning, financing, development, and leasing of thousands of multifamily units across the Southeast, Northeast, and Midwest. Additionally, Justin has provided consulting and asset management services to clients, including CW Capital, the Pittsburgh Penguins, Studer Properties, Montessori Kids Universe, and Savi Provisions. We understand how property tax policy really works, and we know what it takes to get an exemption approved for qualified owners.
Contact Us
7901 4th St N
STE 300,
St. Petersburg, FL 33702 USA
justin@jeffersonbroadadvisors.com
(850) 399-5434
What We Do
Middle Market Tax Exemption (FL Only)
Many multifamily owners and investors with properties completed in the past five years don’t realize they may qualify for a significant reduction in property taxes under Florida’s Live Local Act. The Middle Market Exemption was created to encourage the development and preservation of housing for moderate-income households by reducing the tax burden on qualifying properties.
JeffersonBroad Advisors works directly with owners, property managers, and state-approved firms to evaluate eligibility, prepare a comprehensive application, and work closely with state and county offices through final approval.
Asset Recovery
Owners of multifamily and mixed-use properties often have assets they aren’t aware of. These can include funds held under dissolved special-purpose entities, inactive LLCs, or from past sales and transactions. Escrow balances, vendor credits, and capital distributions can remain unclaimed for years simply because ownership structures change or entities close before every dollar is collected.
JeffersonBroad Advisors identifies, verifies, and recovers these assets for property owners and investors, ensuring that no value tied to a project is left behind.
Capital & Tax Optimization Programs
JeffersonBroad Advisors identifies opportunities for multifamily and mixed-use property owners to enhance returns and strengthen project performance through specialized tax and financing programs. Our evaluations include initiatives such as cost segregation, 179D energy efficiency deductions, and C-PACE financing, along with other federal and state programs designed to improve after-tax cash flow and unlock underutilized value within existing assets.
We serve as a strategic intermediary, connecting owners and investors with trusted accounting, engineering, and capital advisory professionals to ensure each project is positioned to capture its full financial potential. Our role is to simplify the path from eligibility to execution—translating complex incentive programs into measurable results.
“I’ve worked with Justin for over a decade and have complete confidence in him. He led our effort under the Live Local Act, securing the Middle Market Exemption for Inspire Apartments, navigating a new process with persistence, developing expertise, and building enduring relationships.”
Dennis Pemberton
Partner, Inspire Apartments (Pensacola, FL)