Anna Maria Island & Florida Real Estate News
News and Information
There is some fabulous news for Florida home owners. More specifically, Anna Maria Island vacation home owners and potential buyers of Anna Maria Island Real Estate.
Firstly, HB 521 was passed which puts the home owner in the drivers seat when appealing assessment values of their home. Currently the burden of proof lies with the Anna Maria Island home owner to prove the property assessment is incorrect with Ken Burton Jr. Not any more. Bill HB 521 changes the burden of proof to be on our local tax assessor to prove their estimated value is correct.
Lastly and most importantly, the legislation session approved bill SJR 532 to be voted on by Florida voters. This bill limits the annual property tax assessment annually to 5% for non homesteaded properties. This is a great first step to making our Anna Maria Island paradise more affordable for everyone regardless of of which state the owner lives in.
For more information on Anna Maria Island Real Estate, be sure to visit my website which provides information on Anna Maria Island, Vacation Rentals, and Anna Maria Real Estate.
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