Showing posts with label Property Values. Show all posts
Showing posts with label Property Values. Show all posts

Wednesday, June 3, 2026

DeSantis Puts Florida Homeowners First

DeSantis Offers Historic Property Tax Savings to Florida Homeowners

Florida Governor Ron DeSantis used a Sunday interview to argue for a major property tax break that could leave more money in the hands of homeowners instead of government offices. He said the state is in a strong position because Florida has no income tax, a relatively light tax load, and a budget culture that has kept spending in check.

That may sound almost old-fashioned in today’s political world, where too many leaders treat taxpayer dollars like a free buffet. DeSantis said the goal is simple: make homeownership less of a burden and give families real relief...A Bigger Homestead Exemption Could Mean Real Savings.

The plan DeSantis discussed would raise Florida’s homestead exemption from $50,000 to $250,000, which he said could wipe out property taxes for roughly 60 percent of homeowners. He framed it as a direct win for residents who have watched home values climb while tax bills have followed close behind.

DeSantis also pointed out that local governments have seen huge growth in property tax revenue, rising from $32 billion in 2019 to $60 billion now. That is a big jump by any measure, and it gives the lie to the idea that taxpayers must keep footing the bill forever just because government got used to the money...Spending Discipline Still Matters.

DeSantis said Florida’s state budget will reflect four straight years of spending reductions, and he tied that discipline to the state’s ability to offer tax relief. He argued that if homestead property tax revenue were reduced or even eliminated, local budgets would simply return to around 2021 or 2022 levels, not collapse into chaos as the usual tax-and-spend crowd might suggest.

He also noted that the state has surplus money set aside and wants to create a fund to issue grants to local governments. In other words, Florida is trying something radical in modern politics: spending less, keeping the lights on, and letting taxpayers keep more of what they earn.

Read more about it...

Tuesday, June 2, 2026

Lake Worth Beach Property Values

PROPERTY VALUES IN Lake Worth Beach have topped $4 billion

This is a milestone that comes as the state Legislature considers massive property tax relief measures that would wipe away billions in tax revenue for local governments across Florida in the coming years.

The breakdown of this milestone highlights a mix of new building and market growth:

The New Construction Boom: The city gained $69.3 million from new developments, such as the Avery Lake Worth Beach luxury apartments on Boutwell Road.

The Total Value: The 8.7% jump pushed the city past the $4 billion mark.

Organic Growth: Even without new builds, existing property values grew by roughly 6.8% to about $3.9 billion. This data comes from preliminary June 1 estimates released by the Palm Beach County Property Appraiser.

Source: Lake Worth Beach Independent
216 Fordham Dr., Lake Worth Beach, FL 33460

Friday, June 6, 2025

Property values Palm Beach County rising but at slower level

Lake Worth Beach property values have risen: $3.6 billion, or 7.8%.

Property values in Palm Beach County are still rising, but not as quickly

As experts predicted, the nearly double-digit increases in the Palm Beach County tax rolls slowed this year after a three-year ride.

Property values rose 7.7% countywide, a slower increase than in the past three years when values rose 9.6% in 2024, 13.5% in 2023 and 15% in 2022. Not since the 5.6% increase in 2021 has the tax roll increase been lower.

The countywide valuation stood at $209 billion in 2020. The preliminary calculation for 2025 puts it at $341 billion, up 62%. Cities account for $237 billion of the county’s value, up 62% from $146 billion in 2020.

It’s important because local governments use the valuations to determine the tax rate residents pay to cover the cost of police, fire-rescue, libraries, schools, garbage pickup and other municipal services. Gov. Ron DeSantis has proposed eliminating property taxes without suggesting a way to replace the money to provide municipal services.

Read about it...

I would suppose the City of Lake Worth will stop moaning, blaming everything on the Governor and figure it all out. Perhaps they can reduce waste in certain departments thus cutting a lot of very expensive overhead. At the moment, they don't know how to fix a sidewalk without cutting down an old Oak tree.

And when you talk to a Realtor, you are told that property values are going down.

Tuesday, April 2, 2024

Letitia in the land of liberty and fairness

New York’s Letitia James Confronts Escalating Calls to Hold Jon Stewart Accountable for Alleged Property Overvaluation

You just have to love stories like this.

In the land of liberty and law, where fairness is supposed to reign supreme, it seems there’s a growing chorus of voices demanding justice. They’re not just calling for any old kind of justice; they’re calling for a level playing field, especially when it comes to the rich and famous.

And right now, all eyes are on New York Attorney General Letitia James as she faces mounting pressure to take action against none other than Jon Stewart.

The uproar stems from allegations that "comedian" wise guy Jon Stewart significantly inflated the value of his Manhattan residence—a transgression for which James has notably pursued legal action against former President Donald Trump.

So what will Letitia James do? Indict Jon Stewart and try to steal his property that he over-valued by 829 percent?

Read about it...

Monday, October 2, 2023

Trump Statement on his Property Values

I have a Deranged, Trump Hating Judge, who RAILROADED this FAKE CASE through a NYS Court at a speed never seen before, refusing to let it go to the Commercial Division, where it belongs, denying me everything, No Trial, No Jury.

He made up this crazy “KILL TRUMP” decision, assigning insanely low values to properties, despite overwhelming evidence. AS AN EXAMPLE, HE VALUES THE MOST SPECTACULAR PROPERTY IN PALM BEACH, FLORIDA, MAR-A-LAGO, AT $18,000,000, WHEN IT IS WORTH POSSIBLY 100 TIMES THAT AMOUNT.

His anger & hatred is politically motivated & unprecedented by those who watched! My actual Net Worth is MUCH GREATER than the number shown on the Financial Statements, a BIG SURPRISE to him & the Racist A.G., Letitia James, who campaigned for office on a get Trump Platform.

While murderers roam the sidewalks of New York, my banks are happy, all loans are current, or paid off in full, sometimes early, with no defaults or problems of any kind. There is also an IRONCLAD DISCLAIMER CLAUSE!

Sunday, February 27, 2022

Super Star Chef bought home in Lake Worth Beach

Guy Fieri bought home in Lake Worth Beach

Fieri, star of myriad cooking shows, purchased the home on secluded Bella Vista Avenue in March 2021 for a recorded $3.9 million, according to neighbors and three Realtors familiar with the sale

The Post says, "It's surprising, maybe, that superstar chef Guy Fieri has bought a home in Lake Worth Beach. But here are five reasons why the purchase isn't exactly random."

What is surprising is that it is finally being reported on national news media as well as the Palm Beach Post.

Read about it... and why it wasn't a random purchase.

Tuesday, April 9, 2019

202 Lucerne Avenue just sold

Lake Worth Beach Apartment Building Trades for $2.1 Million

202 Lucerne Ave. in Lake Worth Beach Property type: This is a 9,320-square-foot, 14-unit apartment building on less than a half-acre lot.

Watch the rents escalate here.

Friday, July 1, 2016

Palm Beach County property values up for 2016

Read about it.

Lake Worth's went up 12.1%, the third highest increase in Palm Beach County. What will this mean to our budget going forward and how much more will we get?

Thursday, November 12, 2015

Lake Worth Property Assessments

On Tuesday night, after Pastor Sherry Colby of the Victory Worship Center gave a riveting invocation and what could be the last invocation by a pastor before city commission meetings without opening up a discriminatory can of worms, there was a presentation by the Chief Deputy Property Appraiser, Dorothy Jacks.

These are some tables of interest on Lake Worth's Market value and Assessed value.

Monday, June 29, 2015

Property Values Palm Beach County

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Property values for 2015 show an increase for every city in the county. Lake Worth shows a 10.5% increase from last year, ahead of the County average. We will have more money to work with but the sheriff might just take it all.

Friday, May 29, 2015

Storage facility in Lake Worth sold

Storage facility just sold for $7.3 million on 6th Avenue South. The former owners bought the property for $6,000,100 in October 2013. Prior to that, it sold in 2003 for $1,060,000.
*Total Square Feet 107010
Acres 6.1274

CubeSmart Self Storage

1900 6Th Avenue South,
Lake Worth, FL 33461
 1 2 3 4 5 review
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Web Price: $33.57
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Thursday, February 19, 2015

7 Duke Drive Lake Worth

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A little real estate trivia for the day.

The Neighborhood Post always has recent real estate transactions. In today's paper, one was of interest--7 Duke Drive

In 1996, Investor John Deese and Steven Locante bought the property for $410,000.

In December 2012, they sold it to J. Helena Perry for $2.5 million.

In December 2014, Perry sold it to Leslie and Julio Gonzalez for $2.1 million.

The real estate taxes are $48,034.

Sunday, November 30, 2014

Good news for property owners in South Florida

Concerned about the tax base, the Lake Worth commission should be happy to know that we are in the top market in the country for property price gains.

Top markets for price gains over last year
South Florida, 10.3 percent
Las Vegas, 9.1 percent
San Francisco, 7.9 percent
Dallas, 7.4 percent
Denver, 6.2 percent
Source: Standard & Poor’s/Case-Shiller index

Monday, September 29, 2014

Thursday, June 12, 2014

Cheapest home values in the country

When we talk about property values going down the tubes, it could be a whole lot worse.  We could be living in one of these cities. How do these cities raise money for roads, sidewalks, lighting, alleyways, etc?

Saturday, May 10, 2014

Residents of Lake Osborne - Defending where we live

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We are a city finally, albeit slowly, turning around  just like the rest of the country. We had a tougher time than most...older housing stock, small lot lines and a city full of poor folks, Seniors on fixed incomes, immigrants and rentals. Property values have gone up 8.2% for this year and that will be reflected on our next tax bill. We have a bully in our city who loves to ridicule anyone and everyone who disagrees with city hall for any reason--now it's the ROLO neighborhood that is feeling his wrath.  He is, after all, "one of the boys."  Loving to be liked by those in power, he spits the opposition out and chews them up like a rabid dog even resorting to name-calling. Is there anyone more insecure in this city?
typical Wright Drive house

On Tuesday, the Residents of Lake Osborne NA went before the city commission and gave its neighborhood update. It was very similar to any neighborhood association presentation ever given. They complimented their residents and their neighborhood in general. That's what you do. They didn't get into the nitty gritty or braggadocio involving their achievements such as neighbors helping neighbors or the fundraisers they have done.  It was all upbeat and positive however. And what does the bully do, he condemns them and picks apart every aspect of the presentation, twisting and turning it to unmerciful proportions, getting downright dirty and personal. This is strange politics, strange and petty behavior.

City Hall wants folks to be positive about their city and their homes and when they are, they get ridiculed for it telling us that a national ball field will improve the neighborhood when we believe just the opposite. Some politico spends oodles of time RESEARCHING property values in order to denigrate a nice neighborhood and tells them they are "full of it" blaming lower property values on a lack of leadership and implies that residents of Lake Worth should reject anything ROLO has to say.  Would he not try to protect his neighborhood the very same way if it was proposed for his backyard? But the political opposition is constantly divisive and continually critical of anyone who has any opinion that differs from theirs. They fail to mention that all property values were impacted by the economy. Purposely, they twist things out of perspective and drive wedges, neighbor against neighbor, in trying to make political points.

typical Collier Avenue house

Lake Osborne Heights has always been a working class neighborhood and property values have reflected that. Why values went down last year from 2012 is anyone's guess. There were thousands of foreclosures and this community was not immune. Why mine went down again is also curious but we had two foreclosures here in my building alone and I am sure that had something to do with value as these properties were eventually picked up for little. The one referenced in that other blog was picked up at auction. We also have people passing away and their heirs sell quickly at lesser prices than we would hope. There are always reasons why values are lower and it has nothing to do with leadership as the bully says. In the case of the condos, square footage is small (mine is  894 s.f.) and the building is 48 years old. Buyers want larger bathrooms, larger kitchens and their own laundry room that this community does not provide. Units are, however, selling higher once again.

It's really a shame when a resident of this city who lives in an upscale neighborhood and in a house whose square footage is larger than some of the homes he derides, needlessly stomps people to the ground who live in a nice neighborhood but whose property values are less. This is only because they stood up to City Hall against a national spring training facility across from where they live.  Is this "racist?" Does he have something against hard working people? Old folks?  People protecting their homes? Instead of censoring and humiliating an entire neighborhood so that he will be accepted or thought of as some sort of hero by those in power, he should be encouraging home ownership, not more affordable rentals that bring blight, slum and crime and embrace neighborhood associations standing up for the people they serve.

Once all the residents out here pay to replace his 2" pipes to 4", he might want to thank them all.

Typical house in College Park and it doesn't have a thing to do with neighborhood leadership.

Tax Year
2013
2012
2011
Assessed Value
$147,409
$144,945
$157,748
Exemption Amount
$50,000
$50,000
$50,000
Taxable Value
$97,409
$94,945
$107,748

Typical house on Hillcrest and it definitely doesn't have a thing to do with its leadership.
Tax Year 2013 2012 2011
Assessed Value $84,304 $93,500 $90,777
Exemption Amount $50,000 $50,000 $50,000
Taxable Value $34,304 $43,500 $40,777








Wednesday, April 30, 2014

Property values up in Lake Worth

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Big surprise!  Not only are Lake Worth's property values higher, they have risen by 8.2%. The county average is 5.4%. Lake Worth was projecting nearly half that. This will help tremendously during the budget discussions perhaps even during the infrastructure financing.

Read about it here...

Tuesday, August 20, 2013

Sunset Drive 4.02 parcel

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826 S Sunset Drive
    Lake Worth, FL 33461


According to City-Data.com--
Owner: SUNSET DRIVE HOLDINGS LLC
Total land value: $450,240
Taxable value: $450,240
Market value for property: $450,240
Total assessed value for property: $450,240
Lot size: 175,111 square feet
Parcel usage: Multi Family Residential 10 units
Read more

According to the Palm Beach Property Appraisers' office--
Number of Units: 2
*Total Square Feet: 4760
Acres: 4.02
Use Code 
0800 - MULTIFAMILY < 10 UNITS
Zoning 
RH - ( 38-LAKE WORTH )
The assessed value in 2012 was $257,280
Read more: PAPA

Friday, June 29, 2012

Property Values up In Palm Beach County but NOT in Lake Worth

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Property values have slightly increased in Palm Beach County.

The biggest decrease, a drop of nearly 15 percent in a single year, came in the poor Lake Okeechobee town of Pahokee, followed by Glenridge, Cloud Lake, Belle Glade, Palm Springs, Lake Worth, Greenacres, Palm Beach Shores, Briny Breezes and Lake Park.

As the City of Lake Worth continues to attract people with lower incomes by building more affordable housing, reversing the trend of lower property values is made more difficult. But I am sure that there will still be some blaming it all on Cara Jennings and the minority commission.

Read more...