⚙️ Property & Exemption Parameters
$425,000
14.80 mills
Florida Homestead Exemption
$25k base + $25k non-school exemption (Fla. Stat. § 196.031)
Transfer SOH Portability from Prior Home
Transfer up to $500k in accrued tax savings (Fla. Stat. § 193.155)
$2,100 / yr
Check the current listing flyer or tax deed record to see what the seller currently pays.
$250 / yr
Solid waste, stormwater, county fire assessment, or street lighting.
📊 Tax Reset & Escrow Projection
Seller's Current Bill
$2,100
~$175 / mo escrow
New Buyer Post-Reset
$5,550
~$463 / mo escrow
| Line Item Breakdown | Amount |
|---|---|
| Purchase Price (Market Just Value) | $425,000 |
| New Assessed Value (Post-Reset) | $425,000 |
| Homestead Exemption (Base Tier · $25k) | − $25,000 |
| Homestead Exemption (Non-School · $25k) | − $25,000 |
| School Taxable Value | $400,000 |
| Non-School Taxable Value | $375,000 |
| Ad Valorem Property Taxes | $5,300 |
| Non-Ad Valorem County Assessments | +$250 |
| Estimated New Annual Tax Bill | $5,550 |
📌 Official Assessment Disclosure: Florida property tax resets occur automatically on January 1st following a conveyance of title. The county Property Appraiser mails an official Truth in Millage (TRIM) notice in August, and the Tax Collector issues the final bill on November 1st. These figures are planning estimates based on current county millage benchmarks.
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