Realty Executives in The Villages

Walter Coe, Ph.D.

Broker Associate (352) 516-3480

Walter Coe, Ph.D.

The Villages Florida Property Assessments

The Villages Property Assessments

The cost of financing The Villages infrastructure (Bond Assessment ) and the cost to operate and maintain infrastructure (CDD Maintenance Assessment) is collected along with property taxes as “non-ad valor um assessments,” assessments that have no relationship to the purchase price or appraised market value of the real property.  These assessments are unique to residential property located within The Villages of Sumter and The Villages of Marion counties, and some but not all locations within Lake County.  There are no such assessments for residential property located in the Orange Blossom Garden portion of Lake County.  Every lot within the same developmental unit is assessed an equal share of the respective District’s bond debt and cost to operate and maintain related infrastructure.  In addition, there is a modest assessment by each county for fire protection.

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Broker Associate

Walter Coe, Ph.D.

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