Estimating Property Taxes

Property Taxes in Holmes Beach, Florida – We are often asked by home buyers how much are the property taxes?  Well it depends.  People tend to rely on what the current owner is paying in property tax on homes that are for sale.  That may not be the best idea because the assessed value is often changed after a transfer of ownership.

Here’s how we estimate taxes.  Each city is different, but this is an estimate based on Holmes Beach. If we take the 2016 mill rate of 16.1090 for properties in Holmes Beach and divide by 1000 that gives us .016109.  We then multiply that by the assessed value.  For this example, let’s say we have an assessed value of $475,000.  That would be $7651.78 or just over 1.6% of the assessed value.

Now we would deduct any exemptions.  The homestead exemption is $25,000 of the assessed value.  So the taxable value has been reduced to $450,000.  Then the taxes are $7249.05.

There is an additional homestead exemption of $25,000 for homes valued at more than $50,000 and that does not apply to the school board mill rate  which is 6.92.  That will reduce your taxes another $229.73.  That brings your taxes to $7019.32 which is just under 1.5% of the sales price for a home with homestead exemption.

If you currently have Homestead Exemption on a property in Florida, you can transfer the “Save Our Homes” cap from an existing property to a new homestead, thereby saving you on your assessed value.

http://www.manateepao.com/dnn/FAQs/Portability-of-Save-Our-Homes

There are additional exemptions for disabled, widow/widowers, low income over 65 years old and deployed military.

More information is available on the Manatee County tax assessor’s website.

www.manateepao.com/dnn/General-Info/Estimating-Taxes

Estimating Property Taxes Anna Maria Island

In general, for Holmes Beach we can estimate that property taxes will be around 1.5 -1.6% of the assessed value.

The mill rate for the city of Anna Maria is 15.908700.  So we can use the same formula to guesstimate the taxes at just under 1.6% of the assessed value. The current mill rate for Bradenton Beach is 16.1920 so we can also estimate just over 1.6% of the assessed value to be the taxes.

Please remember, this is not to be considered legal or tax advice, just something to help you guesstimate the property taxes on your new home.  We’d love to be your Anna Maria Island Realtor.  Please contact us if we can help.

Jen and Mark Bowman, Keller Williams on the Water 941-840-0117 Anna Maria Island Real Estate

 

 

Anna Maria Island and Bradenton Open Houses March 2016

Anna Maria Island and Bradenton Open Houses March 2016

We have all price points available!

Coconuts Condo

100 73rd St Unit #201C Holmes Beach, Florida 34217 – Coconuts Condo Resort  1 bedroom condo with peaks of the Gulf of Mexico – $350,000 – if you’re looking for an investment, see this one! Onsite management and housekeeping to check in your guests! Open House Saturday March 12th 12 p.m. to 2 p.m.

 

3803 E. Bay Drive Unit 3A Holmes Beach, Florida 34217 5 bedroom townhome with dock $549,999 – Fabulous convenient location at Sunbow Bay, centrally located on Anna Maria Island across from Publix. Open Sunday March 13th from 11 to 1 p.m.

 

6324 29th Ave W. Bradenton, Florida 34209 2 bedroom/2 bath attached villa in Meadowcroft South, a 55+ Active Adult community – $135,000  Open House Sunday March 13th 1 p.m. to 4 p.m.

 

 

123 52nd St Holmes Beach, Florida 34217 3 bedroom/2.5 bath elevated home with an easy walk just 7 houses to the beach on the Gulf of Mexico – Open House Sunday March 20th from 11 a.m. to 1 p.m.

 

3701 E. Bay Drive Unit 3 4 bedroom, 3.5 bath townhome with boat dock and lift $590,000 Open House at Sunbow Bay Sunday March 20th, 2016 from 11 to 1 p.m.

 

 

502 Key Royale Drive Holmes Beach, Florida 34217 – Build your dream home on this flag shaped vacant lot on the corner of Key Royale Drive and Marina Drive.  The “flag pole” section leads to the canal.  Easy access for your kayak.   $355,000 – Always open – Call 941-840-0117 to see floor plans of what could be built on the lot.

 

502 Key Royale 502 Key Royale 5 502 Key Royale 4 502 Key Royale Lot 21 Google Map

 

 

We have other listings that are not on the open house tour this month but are available for viewing.  Remember, if you’re not in the area but are interested in a home, we can do a live FaceTime video tour or YouTube walk through tour for you.  Call 941-840-0117,  Jen and Mark Bowman, Keller Williams on the Water – Anna Maria Island. 

In case you missed our open house on Snead Island, 1834 Amberwynd Circle W. Palmetto, Florida is available.  It’s absolutely gorgeous!  4 bedroom/3.5 bath home in gated Amberwynd at Snead Island with pool – offered at $864,900.  You can walk to Emerson Pointe Preserve from here!

 

 

501 70th St Holmes Beach, Florida 34217 – Immaculate 3 bedroom, 2 bath home with pool on Anna Maria Island – offered at $525,000 – Call for a private viewing.

 

 

5806 Gulf Drive #204 Holmes Beach, Florida – 2 bedroom/2 bath condo in Waters Edge gulf front community – offered at $415,000 – Call 941-840-0117 for a private viewing.

If you want more information on any of these homes, you can see details at www.HomesInManatee.com under Featured Listings.  Ask us about our pocket listings.  They are homes that are not on the MLS, but are for sale!

Call Jen and Mark Bowman, Anna Maria Island Realtors with Keller Williams on the Water 941-840-0117.

Open Houses 11/29 and 11/30 Anna Maria Island, Longboat Key and Bradenton

Open Houses for the weekend of 11/29 and 11/30/2014 – Wouldn’t a new home be a great holiday gift?  We can help you wrap up a new home for the holidays.   Shop local and come on by our open houses!

Saturday November 29th, 2014 Open Houses

1008 66th St NW Bradenton, FL  34209    4 bedroom/3 full bath renovated home $275,000.  This home in Bayou Harbor will be open from 4 p.m. to 6 p.m.

Bradenton, FL open house
1008 66th St NW Bradenton, FL Open House

854 Evergreen Way Longboat Key, FL  2 bedroom/2.5 bath townhome at Cedars East – $309,900 This home will be open from 1 p.m. to 3 p.m.

 

Sunday November 30th, 2014 Open Houses

1008 66th St NW Bradenton, FL 34209 – 4 bedroom/3 full bath renovated home $275,000.  This home in Bayou Harbor will be open from  2 p.m. to 4 p.m.

854 Evergreen Way Longboat Key, FL  2 bedroom/2.5 bath townhome at Cedars East – $309,900 This home will be open from 1 p.m. to 3 p.m.

Cedars East

504 68th St Holmes Beach, FL 34217 – This Anna Maria Island 2 bedroom/2 bath single family home on a canal is listed at $535,000.  It will be open from 1 p.m. to 3 p.m.

 Holmes Beach homes for sale

If you can’t make it to one of our open houses, please give us a call to schedule your private showing.  We can also do iPad/iPhone FaceTime video tours for our clients who are out of area.

See our Anna Maria Island, Longboat Key and Bradenton local event calendar.  This shows local events and things to do as well as our open house schedule.

If you’re thinking of buying or selling a home please contact us. Jen and Mark Bowman, Keller Williams on the Water 941-840-0117.

See all the homes for sale in Manatee County, Florida and set up your free listing alerts.   

Out driving around looking at homes?   Use our mobile app for the most up to date information on all homes for sale.

KW Mobile App

Waterfront Home for Sale on Anna Maria Island

Waterfront Home for sale on Anna Maria Island –  This 2 bedroom, 2 full bath concrete block home with tile barrel roof is ready for a new owner.  When you enter the home you’re greeted with full views of the canal leading out to Bimini Bay.  There’s also a one car garage,  laundry room,  a galley kitchen with breakfast area and spacious living room.  The seawall and dock are new.

Holmes Beach is centrally located on beautiful Anna Maria Island.  Anna Maria Island is a 7 mile long barrier island on Florida’s west coast with gorgeous beaches on the Gulf of Mexico.

This home would be a great winter or vacation home or full time residence.  Nearby major airports include Tampa International Airport to the north and Sarasota airport to south.   Residents on Anna Maria Island enjoy mild winter temperatures and coastal summer breezes.

There are lots of Festivals and things to do on Anna Maria Island so you can be as busy as you choose to be or you can just sit back and enjoy the relaxed island lifestyle.

Homes for sale in Holmes Beach

Holmes Beach home for sale

Holmes Beach home for sale

Exclusively listed by Keller Williams on the Water – Jen and Mark Bowman

504 68th St Holmes Beach, Florida

  • 2 bedroom
  • 2 bath
  • waterfront
  • dock
  • 1 car garage
  • 1158 heated/cooled square feet
  • Single Family Home

Listed at $550,000  $499,900

More information and photos of 504 68th St in Holmes Beach, FL

To schedule a viewing or your personalized FaceTime Video tour contact your Anna Maria Island Realtors, Jen and Mark Bowman, Keller Williams on the Water 941-840-0117.