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More inventory will result in more home sales.” New listings. More new homes came on the market in October compared to September: St. Lucie County: 665, up from 623. Indian River County: 272, up ...
Miami-Dade County’s total sales fell by 26%. Home & Garden. Lighter Side
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Chapter 197.4 (of Title XIV) of the Florida Statutes applies to tax lien sales which provide liquidity to counties in lieu of actual taxes (investors are allowed to bid on and purchase tax lien certificates, which upon payment of the tax are repaid with interest to the investor).
Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
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