Both previous answers are correct. Something else you may want to know is this property has 2 exemptions, mortgage and homestead. If you are purchasing to live in it obtain a mortgage on it you would also qualify for these exemptions. There are several other exemptions such as senior or disability exemptions you may qualify for that would bring the tax amount down. On the other hand a property may have exemptions you don't qualify for that will raise your monthly payment in the end. When you are inquiring about taxes, exemptions can affect the amount drastically so make sure you speak to your realtor about them prior to signing a deal.