Talk of The Villages Florida - View Single Post - Florida real estate taxes 2.5% of sales price
Thread: Florida real estate taxes 2.5% of sales price
View Single Post
 
Old 06-20-2008, 01:15 PM
CTgolfer CTgolfer is offline
Senior Member
Join Date: Jun 2008
Posts: 259
Thanks: 0
Thanked 2 Times in 2 Posts
Default Florida real estate taxes 2.5% of sales price
We are retiring end of this year and visiting TV for the first time winter 2009. Over the years we have visited many retired friends in FL (Palm Beach, Naples, Palm Harbor). We've always taken the opportunity to look at real estate to help us determine where we want to retire. All reators have always told us the same thing: real estate taxes are based on 2.5% of the sale price. However...... I don't see that same percentage ratio in TV, or am I misunderstanding something. For example, if a home sells for $200,000, real estate taxes would be $5,000. What have I misunderstood?