News
Martin County Taxable Values are up, but not as much as last year.
The Honorable Laurel Kelly, Martin County Property Appraiser has released the 2019 estimated taxable values for Martin County properties. Overall values countywide increased about 3.16% as compared to 6.1% for 2018. Part of the reason for the lesser increase is the phasing out of the FPL power plants in Indiantown, FL. The preliminary estimates were released on June 1 with final estimates released on July 1, which show overall taxable values for Martin County of over $22.6 Billion. According to an article by TCPalm.com, Indiantown was the only incorporated municipality to see a decrease in values year-over-year. The remaining municipalities all saw increases with Ocean Breeze seeing the largest increase of 22.5%. Stuart is expected to see an increase of 7.3%, Sewall Point about 4.1% and Jupiter Island about 3.4%. Unincorporated Martin County appears to be up 5.5% year-over-year. According to Laurel Kelly, there was about $231 Million in new construction that was added to the 2019 tax roll.
The amount you will pay in property taxes for 2019 is directly based on the County’s opinion of Market and Assessed Value for your property. With property values on the rise for most property types, it is important for a qualified property tax professional to review and analyze your properties to ensure that your values are fair and equitable. If you feel the value of your property is too high or just wish to have an independent review, then we encourage you to call us at (954) 282-2005 or email Brian at b.depotter@first-pointe.com or Nick at n.mau@first-pointe.com.
FirstPointe Advisors, LLC is a full service ad valorem tax service provider. We provide you with the experience of a national firm with a regional focus. At FirstPointe Advisors, LLC, you come first. We strive to provide innovative solutions to your property tax needs. With our experience and first class client service, we will create an easy review and appeal process for you. Our experience spans across Florida’s 67 counties in representing owners of residential and commercial properties.
