What are MiraBays Property Taxes and Community Association Fees?
The sales tax in Hillsborough County is 7.00% (6% state, 1% local). There is no State Tax on personal income or property. Property Taxes Hillsborough County: $2.2759 per $100 Assessed Property Value (see below) Use Online Estimate Taxes are based on the ASSESSED value of the property. The Property Appraiser establishes the taxable value of real estate and tangible personal property. Known as the Homestead Exemption, the state constitution of Florida allows up to $25,000 to be deducted from the assessed value of a primary residence. The tax rate is (generally) the same, no matter where you live in Hillsborough County. You may also pay City taxes if you live in an Incorporated area, and you may pay “non-ad valorem” assessments which may vary by community. These assessments are imposed by residents of neighborhoods for specific benefits such as recreation or general maintenance. MiraBay does not require a “club membership” to use any of it’s facilities. MiraBay is part of a Community Deve