Buying Key West Real Estate - Property tax

Search Key West real estate listings
Find your dream home, condo or luxury estate in the Florida Keys

Key West real estate

Key West real estate Florida Keys

Buyer Information

Florida Keys Property Tax

The residential property tax laws in Florida are written in a way that protects homeowners from increases in their taxes when property values rise rapidly. This means that it is useless, however, to look at past tax records in order to estimate your taxes on a property you are considering buying.

Property taxes in Florida are lower than some states and higher than others.

However, a recent article noted that when you include all forms of tax, on average, Florida takes less than all but about 6 states.

When figuring monthly total payments for housing, the following formula can be used to roughly estimate residential property taxes portion:


Selling Price
Multiply by 92%
x .92
Multiply by the Millage rate from below
x .0123
Estimated Property Tax
$ 5658

In Florida , add about $500 per year to this calculation if this won't be your "primary" residence.

This is your estimated ANNUAL property tax. For monthly, divide by 12.

Estimated Florida Keys 2006 Millages

Monroe County .0123 (most islands not listed below)
Islamorada .01083
Key West .0131808

Key West realtor agent
Key West Real Estate Company - Naomi Van Steelandt, Broker
View featured homes, condos and Keys properties
Buying a home in the Florida Keys
Seller information for Key West home owners
mortgage information  for buying Key West properties
Key West realtor agent information
Key West MLS
Key West vacation information
helpful Key West utility links and contact numbers
Getting to Key West
Vacation Rentals in Key West
Key West Things to do
Key West island lifestyle
Bookmark this Key West real estate website
Find your piece of paradise here in Key West, Florida, contact the Key West Real Estate Company today!

Key West real estate services from the Key West Real Estate Company are available
whether you are buying a home in Key West or selling your existing home. Contact on of our Key West real estate agents today!

| Search all Key West real estate | Buying Key West real estate | Selling Keys real estate
Key West Vacation Rentals | Mortgage Center | Real Estate Directory | Key West Realtor - Naomi Van Steelandt | Key West island life
Key West MLS | Key West area information | Key West things to do | Getting to the Florida Keys
| Key West Restaurants | Mortgage Calculator | Real Estate Home

Key West Real Estate Company - Naomi Van Steelandt, Broker
1075 Duval Street, C-19 ~ Key West, FL 33040
305-587-1180 | Email us:

This site created by Key West Real Estate Company © Copyright 2007, All Rights Reserved. Page Design by | Key West real estate RSS feed | Site Map