Property taxes are based on the current assessed value of of the property that you purchase. Each August the County appraisor assesses the value of homes in an area based on the market sales in the area of the property in the previous year. The property is taxed accordingly. In Florida we have the Save Our Homes maximum 3% increase on your property's value if the properprty is homesteaded, meaning that we claim it as a primary residence.
If your property is not homesteaded and the values go up significantly, so would the tax without homestead. But the taxes aren't really that bad here. Owning more than one property, does have expenses, but Florida is still a great investment!

Crims,
If you mean homeowners taxes, they are the based on the property you buy. It is the same no matter who buys the property. Residents who use the property as their primary residence may claim homestead exemption of $50,000.00.

Hope this answers your question.

Good luck

Genny

Dear Crims,

As a non-US resident you will pay your taxes based on the assessed value multiplied by the millage rate. If you were a Florida resident you would get a $50,000 reduction (homestead exemption) from the assessed value and that number would be multilied by the millage rate. Florida gives it's residents a break. In addtion to the homestead expemtion mentioned above, Florida's residents also have a cap on the amount of yearly inrease in taxes due to increasing assessed values. As a non-US resident your assessed value would increase or decrease based on assessed value. In a market where values are increasing substantially you would be at a disadvantatge. In the current decreasing market you will see taxes declinging. I would expect to see another year of decreasing taxes when the bills come out in November. You can search the tax rolls for any particular property at http://www.LeePA.org. If you woluld like to search for homes you can see thousands at http://www.skoffman.capecoralhomesnow.com. The topic may seem a bit confusing but I would be happy to answer any questions you may have so feel free to call or email. Have a great day!

Steve Koffman
Century 21 Sunbelt
#1 team in Florida & #3 team in US for 2008
Steve@Koffman.com
239-443-2463