Florida property tax reassessment after buying
Florida has a reviewed reassessment-on-sale rule. This page explains what the rule means for buyers and links to county examples.
Reviewed state rule
Florida Save Our Homes assessment limitation (DOR). Under this rule, a qualifying ownership change can reset assessed value toward market value before later caps apply. For a $300,000 purchase at a 0.7% launch-county average effective rate, the rough first-year property-tax planning estimate is $2,100/yr.
After a qualifying homestead is established, annual assessed-value growth is limited to the lower of 3% or CPI; portability and exemptions are not modeled.
County examples
| County | Median home | Typical tax | Example purchase | Estimated tax after purchase |
|---|---|---|---|---|
| Monroe County | $780,600 | $4,129/yr | $975,750 | $5,162/yr |
| Collier County | $540,700 | $3,386/yr | $675,875 | $4,232/yr |
| St. Johns County | $489,200 | $3,721/yr | $611,500 | $4,651/yr |
| Miami-Dade County | $463,000 | $3,744/yr | $578,750 | $4,680/yr |
| Palm Beach County | $447,300 | $3,858/yr | $559,125 | $4,822/yr |
| Martin County | $432,200 | $3,322/yr | $540,250 | $4,152/yr |
| Walton County | $425,100 | $1,902/yr | $531,375 | $2,377/yr |
| Broward County | $414,600 | $3,890/yr | $518,250 | $4,863/yr |
| Sarasota County | $411,800 | $3,106/yr | $514,750 | $3,882/yr |
| Manatee County | $391,400 | $3,047/yr | $489,250 | $3,809/yr |
| Orange County | $390,100 | $2,967/yr | $487,625 | $3,709/yr |
| Seminole County | $386,900 | $2,599/yr | $483,625 | $3,249/yr |
Sources and limits
Confidence: Medium. The state reassessment rule is reviewed against an official source, but county bills still depend on parcel value, exemptions, local levies, and timing.
Data as of 2024-12-31.
Sources: Florida Department of Revenue — Save Our Homes assessment limitation; U.S. Census Bureau ACS county median tax and home-value tables.
Read the reassessment and property-tax methodology or browse Florida county property-tax estimates.
Disclaimer: Estimate for budgeting only — not a tax bill and not legal or tax advice. Verify with the county assessor and a licensed professional before making financial decisions.