Annual Notice of Property Assessment (TRIM Notices) should be received by every property owner no later than the end of August. It shows the estimated "just value" of your property as of January 1.
Just value (market value) as defined by Florida Statute shall take into consideration the following factors:
Our primary mission at the Property Appraiser’s Office is to estimate fair and just values for all real and tangible properties in the county. Many factors influence value, and an important one is the amount that similar properties sell for on the open market.
All residences with a homestead exemption are limited to a 3% per year cap on assessment increases. When you purchase a home from someone who has had a “capped” value, the “capped” value will remain in effect only for the year of purchase.
Do not be misled that the current property taxes will remain the same in subsequent years. Under Florida law, a residence must be reassessed at market value when it sells. While you may pay a pro-rated portion of the seller’s taxes at closing, the next year’s assessment will be at market value. This TRIM notice reflects our estimate of your new market value as of January 1.
We want to be efficient, fair and user friendly. If you have comments or suggestions on how we can better serve you, please call (813) 272-6100 or e-mail us.
Click here to view the Property Owner Bill of Rights