Tavernier, Monroe County, Florida Property Taxes

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

Median Tavernier, FL effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Tavernier, FL home value: $695,551
Median annual Tavernier, FL tax bill: $4,475, $2,075 higher than the national median property tax bill of $2,400.

How are property taxes in Monroe County calculated?

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

Last Updated March 1, 2025

Tavernier, Monroe County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$4,730

$4,389

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

By entering your property's estimated assessed value, our calculator applies Tavernier’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 Monroe County.

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

Property Tax Rates Across Tavernier, Monroe County, Florida

Local government entities set tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to deliver services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Tavernier in Monroe County, Florida, offers a unique perspective on property tax rates. The effective property tax rate in Tavernier is significantly lower than the national median rate of 1.02%. This is reflective of Florida's overall trend, where property tax rates tend to be lower compared to other states. The median property tax rate in Florida is also below the national median, making it an attractive state for property owners looking to save on taxes.

Comparing Tavernier's rates to other cities within Florida and the U.S. can provide valuable insights for property owners. Lower tax rates in Tavernier can mean substantial savings, making it a desirable location for homeowners seeking to optimize their property investments.

Property Tax Rates Across Tavernier, Monroe County, Florida

Source: Ownwell

0.59%

0.68%

0.77%

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 Tavernier Tax Rate

0.68%

Median Effective Monroe County Tax Rate

0.65%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tavernier, Monroe County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
33070	0.33%	0.51%	0.68%	0.78%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Tavernier, Monroe County, Florida

When examining property taxes in Tavernier, 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 Monroe 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 Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Tavernier. For example, the median home price in Tavernier is $695,551, with tax bills ranging significantly across the county. Zip code 33070 has the highest median home price at $695,551.

Property Tax Assessment Values Across Tavernier, Monroe County, Florida

Source: Ownwell

$284,170

$969,398

$1,654,626

Median Tavernier Market Value

$695,551

Median Monroe County Market Value

$759,247

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tavernier, Monroe County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
33070	$364,053	$515,152	$695,551	$1,206,265	$1,804,922

Source: Ownwell

Property Tax Bills Across Tavernier, Monroe County, Florida

In Tavernier, located in Monroe County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as the home's location, size, and market conditions can influence its assessed value. For homeowners in Tavernier, the property tax bill can vary significantly, with the 25th percentile at $3,158 and the 90th percentile reaching $10,430. The median home price in the area is $695,551, which can lead to a tax bill that is higher than the national median property tax bill of $2,400. This can place a considerable financial burden on homeowners. Ownwell offers a solution by providing property tax appeal services, potentially lowering the assessed value and, consequently, the tax bill. By leveraging local expertise and data, Ownwell can help homeowners in Tavernier save money and reduce their property tax obligations.

Property Tax Bills Across Tavernier, Monroe County, Florida

Source: Ownwell

$2,412

$6,682

$10,952

Median Tavernier Tax Bill

$4,475

Median Monroe County Tax Bill

$4,638

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Tavernier, Monroe County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
33070	$2,117	$3,158	$4,475	$7,099	$10,430

Source: Ownwell

Don't miss the deadline to petition!

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

Links
Monroe Property Appraiser
Website	qpublic.schneidercorp.com