What are CDD fees?  

CDD stands for Community Development District.  In some newer communities, it is an annual cost to a home owner that is paid as part of the annual tax bill.  It is usually made up of 2 parts.  A repayment of a bond …

Florida Homestead Exemption

Owners of a single family residence in Florida can take advantage of an exemption of up to $50,0000 of the assessed value of a property if they claim the property as their primary residence and meet some additional qualification criteria. 

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Real Estate Taxes in the Sarasota and Surrounding Areas

Generally, in the current market, we are seeing the annual real estate taxes are running between 1.2% and 1.5% of the homes market value.  That obviously can vary based on several factors, but overall, Florida has much cheaper …