Sarasota County, Florida Property Taxes

In Sarasota County, FL, homeowners have the opportunity to appeal their property tax assessments if they believe their property's assessed value is inaccurate. The process begins with a careful review of the assessment notice, which is typically mailed to property owners. If discrepancies are found, homeowners can file an appeal with the Value Adjustment Board (VAB), the body responsible for hearing and deciding on assessment disputes.

To initiate an appeal, homeowners must submit a petition to the VAB, usually within a specific timeframe outlined in the assessment notice. This petition should include evidence supporting the claim that the assessed value is incorrect. Evidence can range from recent sales data of comparable properties to independent appraisals or documentation of property defects that may affect value.

Once the petition is filed, a hearing is scheduled where the homeowner can present their case. During the hearing, both the property owner and the county's appraiser can present evidence and arguments. The VAB then reviews the evidence and makes a decision, which could result in a reduction of the assessed value and, consequently, a lower tax bill.

Navigating the property tax appeal process can be complex, but Ownwell can assist homeowners by providing expert guidance and representation. Our team of professionals can help gather the necessary evidence, prepare a compelling case, and represent homeowners at the hearing to ensure the best possible outcome. By leveraging our expertise, homeowners can increase their chances of a successful appeal, potentially saving them significant amounts on their property tax bills.

Sarasota County offers several property tax exemptions that can significantly reduce the financial burden on homeowners. The Homestead Exemption is a primary benefit for those who own and occupy their home as their primary residence. Eligible homeowners can receive a substantial reduction in their property's assessed value, which directly lowers their tax bill. To qualify, the homeowner must have legal or beneficial title to the property and establish permanent residency by January 1st of the tax year.

In addition to the Homestead Exemption, Sarasota County provides exemptions for senior citizens, veterans, and those with disabilities. The Senior Exemption is available to residents aged 65 and older, offering additional savings for those who meet specific income requirements. Veterans with a service-connected disability, as well as surviving spouses of veterans, may also qualify for exemptions that lessen their tax obligations. Furthermore, individuals with a qualifying disability can apply for a Disability Exemption, which provides additional relief.

To apply for these exemptions, homeowners must submit the necessary documentation to the Sarasota County Property Appraiser’s Office by the March 1st deadline. Ownwell assists homeowners by guiding them through the application process, ensuring they receive all eligible exemptions. By leveraging Ownwell’s expertise, homeowners can maximize their savings and minimize their property tax liabilities effectively.