Florida property taxes are relatively unique because:
- They are levied annually.
- Taxes on each parcel of real property have to be paid in full and at one time (except for the installment method and homestead tax deferrals). Real property is located in described geographic areas, designated as parcels. It includes land, building, fixtures, and improvements to the land.
- Substantial discounts are extended for early payment.
Collection and Discounts
The Tax Collector's Office serves as the collector of property taxes. Property owners making tax payments can receive discounts on their taxes by making payments early. The following discounts apply to property tax payments:
- November 30 - payments postmarked by the 30th will receive a 4% discount.
- December 31 - payments postmarked by the 31st will receive a 3% discount.
- January 31 - payments postmarked by the 31st will receive a 2% discount.
- February 29 - payments postmarked by the 29th of February will receive a 1% discount.
- March 31 - no discount is received and no penalty is applied to the account.
- After March 31 - penalties are applied to the account and must be paid with certified funds.
If you pay your taxes through an escrow account, the mortgage company needs to request your tax bill from our office, annually.
The mortgage company will receive the bill to be paid while you will receive an information only copy. The mortgage company is required by law to pay taxes during the 4% discount period. When your mortgage is satisfied, the mortgage company will need to remove your account from its list of requested bills.
You may contact our Tax Department via email at: Taxes@waltontaxcollector.com