Monroe County has the lowest property taxes in Florida!
As a buyer, you can expect to pay about 1 percent of the purchase price.
For example, if you purchase a home for $400,000, property taxes will be about 4,000 dollars a year. The actual amount will be a little less, but to keep it simple, we estimate 1 percent.
Often as a buyer, you will see the property listed with the current owner’s tax rate. YOUR taxes will be different, so don’t use the current seller’s rate in your estimates!
Don’t forget to homestead your property for more tax benefits.
Helpful Links
Monroe County Tax Collector’s Office
