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Originally Posted by twoakers
My wife and I have been seriously discussing retiring in The Villages in a couple of years. One of the reasons is because the home prices appear to be very reasonable. Recently, I buddy of mine told me that some places in Florida have very high property taxes, to the tune of a few hundred a month. We would be looking at purchasing a home in the $150k to $175k range. Can someone tell me approximately how much our yearly property taxes would be? I would homestead the $50k option I've seen, and I think I can get another $5k drop on the value for being a disabled veteran. Thanks for any help.
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Watch for the next new neighborhood of Patio Villas to come out and see if any are in your price range. Last time they were quite reasonable.
We have a patio villa in what I call sumter/sumter, not sumter/wildwood which is where the new ones are and where the tax base is slightly higher. We pay about $240/month, but that includes RE taxes, plus bond, maintenance, and fire. Those fees all come on one bill yearly in November. Real estate taxes alone (without bond, maintenance, and fire) are about $145/month. Our patio villa is not homesteaded and we have no disability claim.
I hope this information helps.