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Cocoa Beach, Brevard County, Florida Property Taxes

  • Median Cocoa Beach, FL effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.

  • Median Cocoa Beach, FL home value: $356,130

  • Median annual Cocoa Beach, FL tax bill: $3,631, $1,231 higher than the national median property tax bill of $2,400.

How are property taxes in Brevard County calculated?

Property taxes in Cocoa Beach, FL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cocoa Beach’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cocoa Beach, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cocoa Beach, Brevard County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.23%

Estimate Property Tax Bill

$4,380

$4,065

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Cocoa Beach Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cocoa Beach with just two data points. By entering your property's estimated assessed value, our calculator applies Cocoa Beach’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Brevard County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cocoa Beach, Brevard County, Florida

Local government entities are responsible for setting property tax rates, which can vary significantly within Florida. Each year, Brevard County estimates its necessary budget to provide essential services and divides this by the total value of all taxable property in its jurisdiction. This calculation determines the property tax rate. Although setting these rates involves votes and laws, this is the basic annual process.

In Cocoa Beach, located in Brevard County, the effective property tax rate is a crucial figure for homeowners to consider. When comparing Cocoa Beach's rate to other cities in Florida and the national median, it's important to note the differences. Florida's median property tax rate is slightly above the national median of 1.02%, which can impact the overall property tax bill for homeowners. Understanding these rates can help property owners make informed decisions about their investments and potential savings through tax appeals or exemptions. By staying informed about local tax rates and regulations, Cocoa Beach residents can better manage their property tax liabilities and explore opportunities for potential reductions.

Property Tax Rates Across Cocoa Beach, Brevard County, Florida

Source: Ownwell

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0.73%

1.15%

1.56%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cocoa Beach Tax Rate

1.23%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Brevard County Tax Rate

0.95%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cocoa Beach, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
329310.44%0.71%1.23%1.43%1.52%

Source: Ownwell

Property Tax Assessment Values Across Cocoa Beach, Brevard County, Florida

When examining property taxes in Cocoa Beach, FL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Brevard County Property Appraiser estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Brevard County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cocoa Beach.

For example, the median home price in Cocoa Beach is $356,130, with tax bills ranging significantly across the county. Zip code 32931 has the highest median home price at $356,130.

Property Tax Assessment Values Across Cocoa Beach, Brevard County, Florida

Source: Ownwell

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$111,775

$284,218

$456,660

Median Cocoa Beach Market Value

$356,130

Median Brevard County Market Value

$243,020

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cocoa Beach, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
32931$162,710$239,770$356,130$516,325$685,938

Source: Ownwell

Property Tax Bills Across Cocoa Beach, Brevard County, Florida

In Cocoa Beach, Brevard County, FL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Brevard County Property Appraiser's Office, which evaluates the property's market value. The tax rate, set by local taxing authorities, is applied to this assessed value to calculate the tax bill. Homeowners in Cocoa Beach face a median tax bill of $3,631, which is considerably higher than the national median of $2,400, reflecting the area's desirable location and property values. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Ownwell offers a solution for homeowners looking to reduce their property tax bills. By providing expert property tax appeal services, Ownwell helps homeowners ensure their property is fairly assessed, potentially lowering their tax obligations. This service can result in significant savings, alleviating the financial burden of high property taxes for Cocoa Beach residents.

Property Tax Bills Across Cocoa Beach, Brevard County, Florida

Source: Ownwell

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$1,172

$2,522

$3,872

Median Cocoa Beach Tax Bill

$3,631

Median Brevard County Tax Bill

$2,198

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Cocoa Beach, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
32931$1,118$2,235$3,631$5,462$7,541

Source: Ownwell

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