St. Lucie County Releases Estimated Taxable Property Values for 2024
St. Lucie County Property Appraiser Michelle Franklin provided the estimated taxable values for 2024 for real and personal property to the 23 taxing authorities before the June 1 legal deadline.
These estimates will be finalized before July 1, 2024, and submitted to the Florida Department of Revenue for approval.
The estimated taxable values help taxing authorities as they begin developing their operating budgets and determining their millage (tax) rate, which will be reflected in the August TRIM Notice for property owners.
“We saw an increase in estimated taxable values for the twelfth consecutive year, totaling over $38.9 billion countywide.
One factor contributing to this increase is new construction added to the total value, which amounted to $1.4 billion this year countywide.
By contrast, 76% of existing properties benefit from a 3% value cap on Homestead or a 10% cap on Non-Homestead,” said Appraiser Franklin.
- St. Lucie County: the taxable value is estimated at $38.9 billion, a 10.5% increase from fiscal year 2023.
- City of Port St. Lucie: the taxable value is estimated at $22 billion, a 12% increase from fiscal year 2023.
- City of Fort Pierce: the taxable value is estimated at $4.3 billion, an 11.5% increase from fiscal year 2023.
- City of St. Lucie Village: the taxable value is estimated at $105 million, a 6% increase from fiscal year 2023.
In accordance with Florida law, the 2024 taxable assessment reflects the value as of January 1, 2024.
The St. Lucie County Property Appraiser’s Office is open from 8 a.m. to 5 p.m., Monday through Friday.
Convenient locations: 2300 Virginia Avenue, Fort Pierce, FL 34982 and 250 NW Country Club Drive, Port St. Lucie, FL 34986.
For more information, visit www.paslc.gov or call 772-462-1000 to speak with a professional.
