This home has seen recent upgrades including a new roof, spray insulation in the attic, solar panels allowing you to reduce energy costs and showcase your commitment to sustainability (2022). Additionally, three hurricane impact doors provide...
Visit this property in PALM HARBOR:
225 DRIFTWOOD DR N, PALM HARBOR FL 34683
Both levels of this wonderful 2 bedroom 2. The first level is an open floor plan with a great entry and easy flow from the bright and open kitchen into the spacious living room. The 2nd level has both bedrooms which are both master suites. Tenant...
Visit this property in TAMPA:
6309 NEWTOWN CIRCLE, TAMPA FL 33615
You could see beautiful bayou water from your living room windows. Especially those canoes are waiting for you to experience Florida's dream lifestyle. The unit has been kept as a vacation spot so it is in an excellent condition. Better yet, OWNER...
Visit this property in CLEARWATER:
2765 VIA CIPRIANI # 1222A, CLEARWATER FL 33764
Looking for a new construction home but can't wait the many months it takes for one to be built for you. Step outside into the remarkable backyard, complete with a retractable screened-in patio, where you can relax and enjoy the outdoors. This...
Visit this property in WIMAUMA:
16986 OVAL RUM DRIVE, WIMAUMA FL 33598
As a rule of thumb, your tax is roughly 2% of your purchase price. If the purchase price of the property is $200K the tax is roughly $4K a year.
The actual calculation for yearly property tax is the assessed value of the property multiplied by the millage rate minus any homestead exemption. A "Mill Rate" is the amount of tax paid per dollar of the assessed property value. In the Tampa Bay area mill rates vary anywhere from 16 mills to 24 mills.
Your tax will be based on the assessed property value after you purchase the property.
What is Homestead Exemption?
Homestead exemption is a Florida constitutional benefit of up to a $50,000 to be deducted from the market value of a primary / permanent residence. Another great benefit of homestead exemption: after receiving the homestead exemption the first year, any annual increase in the assessed value is capped at the lower of 3% or the percentage increase in the Consumer Price Index (CPI), with certain exceptions. Find out more on your county's Appraiser site:
Hillsborough County Property Appraiser
Pasco County Property Appraiser
Pinellas County Property Appraiser
The Home Buying Process:
Types of Resale in Today's Market:
Taxes, CDD, HOA, and Homestead:
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