When are my Property Taxes due?

When are my Property Taxes Due

Real Estate Taxes are collected on an annual basis by the Tax Collector's Office. The tax year runs from January 1^st through December 31^st.

Final Tax notices are mailed on or before November 1 of each year. Contrary to popular belief, Property Taxes become delinquent on April 1 of the following year in which they were assessed, not in December of the current year.

The Miami Dade and Broward Counties, as well as others, offer the following discounts for paying your Property Taxes early:

·         4% if paid in November

·         3% if paid in December

·         2% if paid in January

·         1% if paid in February

·         If paid in March no discount applies. You must pay the gross amount due on your Tax Bill.

If not paid by April 1, a 3% penalty is added to the gross tax amount due. Be aware that the Discounts above do not apply to delinquent payments of taxes from previous years.

If you do not receive a tax notice in November, it is your responsibility to contact the tax collector's office to request a duplicate bill, or go online to get information on the amount owed.

If you bought your property in Cash, it is your responsibility to pay for your Property Taxes on time to avoid any penalties by the County.

If you have a mortgage, and you have an Escrow account with your lender, they will be responsible to make timely payments on your taxes. Usually Banks will send property Tax Payments by November 30th to take advantage of the 4% discount available to Homeowners. If you do not have an Escrow account on your mortgage you are still responsible for the payment of Property Taxes.

There are several ways to pay your Property Taxes:

Payments can be made online at https://www.miamidade.county-taxes.com/public for properties in Miami Dade; or https://www.broward.county-taxes.com/public for properties in Broward County by entering the property address or name of owner. Payments can be made in the form of a direct debit to your bank account, or with a credit card. You may also pay your Property Taxes by mail, or in person at the local Tax County Office.

If you cannot pay the whole amount of taxes due, you may apply to make partial payments, an installment plan, or even defer your payment of Property Taxes.