Hobe Sound, Martin County, Florida Property Taxes

Name: Property Tax Bills Across Hobe Sound, Martin County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hobe Sound, FL effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Hobe Sound, FL home value: $317,830
Median annual Hobe Sound, FL tax bill: $3,299, $899 higher than the national median property tax bill of $2,400.

How are property taxes in Martin County calculated?

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

Last Updated March 1, 2025

Hobe Sound, Martin County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$3,464

$3,215

Ownwell’s Hobe Sound Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hobe Sound with just two data points.

By entering your property's estimated assessed value, our calculator applies Hobe Sound’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 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 Martin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hobe Sound, Martin County, Florida

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Hobe Sound’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Hobe Sound, located in Martin County, has a median property tax rate of 1.09%. This rate is slightly above the national median property tax rate of 1.02%. Despite being higher than the national average, it aligns with the state’s median, indicating a consistent property tax environment within Florida. For residents of Hobe Sound, this means that their property tax obligations are predictable and in line with state norms. Understanding these rates can help homeowners make informed decisions about property investments and financial planning. By staying informed, property owners can better navigate the complexities of property tax assessments and appeals.

Property Tax Rates Across Hobe Sound, Martin County, Florida

Source: Ownwell

1.02%

1.31%

1.60%

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 Hobe Sound Tax Rate

1.09%

Median Effective Martin County Tax Rate

1.13%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hobe Sound, Martin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
33455	0.59%	0.81%	1.09%	1.57%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Hobe Sound, Martin County, Florida

When examining property taxes in Hobe Sound, 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 Martin 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 Martin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hobe Sound. For example, the median home price in Hobe Sound is $317,830, with tax bills ranging significantly across the county. The zip code 33455 has the highest median home price at $317,900.

Property Tax Assessment Values Across Hobe Sound, Martin County, Florida

Source: Ownwell

$134,070

$733,900

$1,333,730

Median Hobe Sound Market Value

$317,830

Median Martin County Market Value

$294,470

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hobe Sound, Martin County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
33455	$100,850	$174,250	$317,900	$473,445	$951,236

Source: Ownwell

Property Tax Bills Across Hobe Sound, Martin County, Florida

In Hobe Sound, located in Martin County, FL, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. Various factors, such as local government budgets and school funding needs, influence the tax rate. In Hobe Sound, the median home price is $317,830, with property tax bills ranging from the 25th percentile at $1,835 to the 90th percentile at $11,533. The median tax bill is $3,299, which is above the national median property tax bill of $2,400. This discrepancy highlights the potential financial burden on homeowners in the area. Ownwell assists homeowners in Hobe Sound by providing property tax appeal and exemption services. By reviewing assessments and identifying errors or discrepancies, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share. This service can be particularly beneficial given the relatively high property tax bills in the region.

Property Tax Bills Across Hobe Sound, Martin County, Florida

Source: Ownwell

$1,161

$10,303

$19,445

Median Hobe Sound Tax Bill

$3,299

Median Martin County Tax Bill

$3,260

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Hobe Sound, Martin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
33455	$893	$1,836	$3,299	$5,648	$11,535

Source: Ownwell

Don't miss the deadline to petition!

Dates
Property Valuation Date	January 1
Appeal Deadline	September 13
Tax Bill
Issued	November 1

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