[Dilligas]

Originally Posted by village dreamer

went on zillow and punch in my street to see the difference of my neighbors , the taxes should be about the same give or take a few hundred. no ...anywhere from 500 to a 1300 , thats a big difference. yes i know lot size , house size and the location. my street is a cookie cutter , most 1985 - 2020 sq ft 2 car garage. i just dont understand why the same house is $1300 difference ,thats apples to apples .

Three reasons....1 if you are a Florida resident with Homestead deduction, 2. How long you have lived in Florida with Homestead. Florida caps appraisal increases to 2% or cost of living increases. The mill rate can change, but as your home increases in value, you are not penalized while living on a fixed budget. If you are a snow bird and not a Florida resident, your value increases with appraisal and mill rate each year. 3. Each time your home is sold, the homestead deduction resets to appraised value. If you are a FL resident and move within FL, you can transfer your homestead deduction with your purchase.