Asked by Fedeyvale, Miami, FL • Wed Apr 9, 2008
Hi all. I'm interested in buying a property for a great price in the best part of miami shores, florida 33138 (great sq. feet, great location, pool). it is publish in the low 600K.
The thing is that as this house didn't have Homestead Ex. in the sbubbled years 2004, 2005, 2006 ,taxes went sky rocket high ,... so now the assesed value is like 900K. (almost 20k in taxes!)
What will happend if I purchase it for 600K? Will my taxes be adjusted? (lower?) (If I use the miamidade tax calculator, a 600K home at 33138 is like 14k a year in taxes.)
thanks a lot for your comments!
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