June 14, 2024

Taxes in the Fort Lauderdale Real Estate Market

Taxes, Taxes and more Taxes – Whats the Real Truth?

Real Estate taxes in the Fort Lauderdale Real Estate market can be confusing to some buyers new to the Fort Lauderdale area. The basic concept that all Fort Lauderdale Real Estate buyers need to understand is that their property will be reaccessed with a sale, and taxes can go  both up and down depending on the last accessment.  As a rule of thumb estimating your annual real estate taxes at 2% of the purchase price will be a good estimate.