Property Appraiser Marty Kiar, in his July 2024 newsletter, provides valuable information to new home buyers regarding taxes.  He reminds everyone, when buying/acquiring real estate, do not assume the property taxes will remain the same as the current owner’s taxes.  Under Florida law, a change in ownership requires the property to be reassessed at current full market value the year following the change of ownership OR if a Homestead Exemption is added/removed from the property. 

Remember:  The Property Appraiser does not set or collect taxes.  Homestead Exemption and Portability save eligible property owners thousands of dollars each year.  Click here to read the full July newsletter.