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Sanibel, Lee County, Florida Property Taxes

  • Median Sanibel, FL effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.

  • Median Sanibel, FL home value: $863,385

  • Median annual Sanibel, FL tax bill: $9,693, $7,293 higher than the national median property tax bill of $2,400.

How are property taxes in Lee County calculated?

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

Last Updated March 1, 2025

Sanibel, Lee County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$10,533

$9,775

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Sanibel Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sanibel with just two data points. By entering your property's estimated assessed value, our calculator applies Sanibel’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 Lee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sanibel, Lee County, Florida

Local government entities set property tax rates, leading to significant variations within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this calculation is the crux of the annual process.

Sanibel in Lee County, Florida, has a property tax rate that you can compare with other cities in Florida and the median property tax rates in Florida and the U.S. Notably, Lee County's tax rate stands at 1.22%, which is above the national median property tax rate of 1.02%. This means that property owners in Sanibel might pay a higher percentage of their property's assessed value in taxes compared to the national average. Understanding these differences can help property owners make informed decisions about property investments and tax appeals in the region.

Property Tax Rates Across Sanibel, Lee County, Florida

Source: Ownwell

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0.68%

1.18%

1.68%

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 Sanibel Tax Rate

1.22%

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 Lee County Tax Rate

1.23%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sanibel, Lee County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
339570.76%0.93%1.22%1.27%1.37%

Source: Ownwell

Property Tax Assessment Values Across Sanibel, Lee County, Florida

When examining property taxes in Sanibel, 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 Lee 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. Assessment notices: In Lee 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 Sanibel. For example, the median home price in Sanibel is $863,385, with tax bills ranging significantly across the county. 33957 has the highest median home price at $863,385.

Property Tax Assessment Values Across Sanibel, Lee County, Florida

Source: Ownwell

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$146,823

$1,473,289

$2,799,755

Median Sanibel Market Value

$863,385

Median Lee County Market Value

$269,922

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sanibel, Lee County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
33957$502,616$632,646$863,385$1,231,724$1,722,949

Source: Ownwell

Property Tax Bills Across Sanibel, Lee County, Florida

In Sanibel, located in Lee County, FL, property tax bills are calculated based on the assessed value of a home. This value is determined by the local tax assessor and reflects the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Homeowners in Sanibel face tax bills that vary significantly, with the 25th percentile at $7,087 and the 75th percentile reaching $13,481. The 90th percentile sees tax bills as high as $19,601, demonstrating the potential financial impact on homeowners. Notably, the median tax bill in Sanibel is $9,693, which is considerably above the national median of $2,400, indicating a higher tax burden in this region. Homeowners can mitigate these costs by appealing their property tax assessments. Ownwell assists homeowners in navigating this process, potentially lowering their tax bills by ensuring their property is assessed fairly and accurately, thus providing significant savings and financial relief.

Property Tax Bills Across Sanibel, Lee County, Florida

Source: Ownwell

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$1,511

$12,760

$24,008

Median Sanibel Tax Bill

$9,693

Median Lee County Tax Bill

$3,155

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Sanibel, Lee County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
33957$5,254$7,087$9,693$13,481$19,601

Source: Ownwell

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