Why do I have to pay property taxes on a condo or a villa?

Simple answer is that any property you own in the United States, 99% chance you will pay property taxes. One of the prices we pay living in America. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You pay property taxes because you own the property, even if it's a condo or villa. You own the unit and a share of the common areas, so the county taxes you on that value just like they would a single-family house. Your HOA fees cover shared stuff like landscaping, roofs, pools, and maintenance, but property taxes are separate. They go to the county for schools, roads, services, all that. In Florida, condos and villas are taxed the same way as houses. The amount depends on the assessed value of your unit. Just factor it into your budget when you're looking.

Hi Pamela Property taxes are assessed on almost all real property whether a home, condo or townhome etc.

Property taxes are levied on virtually all types of properties in the US. This includes single and multi family homes, commercial properties, and condos, townhomes, villas, etc. I've been in real estate for 30 years and do business in Florida. I would be happy to answer any other questions. Fell free to call at any time. Pete Bauch, Realtor 77.617.7720

Condos and villas are considered "real estate" in Florida because you actually own something vs. rent it. Thus you have to pay "real estate" taxes.

Hi Pamela, a condo or villa in Florida are treated identically to single-family residences for tax purposes. Taxes are owed on all Real Estate properties.