Harbour Town Realty  and Investments, Melbourne Florida
 

Property taxes in Brevard County generally run between $20.00-$24.00 per $1,000 (called the millage rate) of a home’s assessed value.

A home’s assessed value is generally 60%-70% of your purchase price. On a typical three-bedroom, two-bath home purchased for $170,000, this would put your property taxes in the $2,200 - $2,600 range.


What is Homestead?

The State of Florida provides a homestead exemption of $25,000 for qualifying residences:

1. If you own the property on January 1 of the year for which you request homestead status.

2. If the home is your principal residence (reside for at least six months).

3. If you are a permanent resident of the State of Florida.

The $25,000 Homestead Exemption generally lowers your tax bill by $500-$600 per year.

These figures are estimates only; prior to purchasing any property in Brevard County, you will receive the latest actual property tax figures.

Information on application deadlines and additional Homestead exemptions available for widows and certain disabilities will be provided to you prior to any home purchase.

 
Tammy Stonich | Broker Associate   RE/MAX Alternative Realty, Inc.
141 Coconut Drive | Indialantic, FL 32903
Office: (321) 777-4111 | Toll Free: (800) 330-4241 | Tammy Direct: (321) 258-0206