Re: Florida real estate taxes 2.5% of sales price
Sumpter County uses 85% of the selling price times their millage rate per thousand and an additional $371 for the fire and waste districts. The 2007 millage rate was 15.2313. So for a $200K home you would take the millage rate times 170 and add $371 to get your approximate annual property tax. If you purchase in a village that is located in Marion or Lake County, the millage rate and any fire/waste rate will differ from Sumpter.
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Tom W
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