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Certified Cadastral Property Dossier

Sumter County Jurisdiction • State of Florida

RECORD IDENTIFIER

FL-SUMT-A03-001

Certified Fair Market Value

$373,130

Taxable Assessed Valuation

$23,050

Estimated Annual Tax Obligation

$3,097 / yr

Cadastral Land Dimensions

574.05 Acres

Assessor Parcel ID (APN)	A03-001
Situs Property Address	ALL E OF RIVER, Lake Panasoffkee, FL 33538
Recorded Legal Deed Holder	DRAKE RANCH PARTNERSHIP
Owner Recorded Mailing	10025 S MAGNOLIA AVE, OCALA FL 34476
DOR Land Classification	060
Improvement Allocation	94% Structure ($350,080) • 6% Land ($23,050)
Recorded Legal Description	ALL E OF RIVER

APN: A03-001 Investor / Non-Owner Occupied

ALL E OF RIVER

Lake Panasoffkee, FL 33538 • Sumter County Jurisdiction

Tax Shock Notice: Current owner benefits from an assessment cap protecting $350,080 in unassessed value. A post-transfer reassessment upon sale may increase taxable assessed value by up to 1518.8%.

Financial & Assessment Core

Certified Just Value

$373,130

Taxable Assessed Value

$23,050

Est. Benchmark Tax (Unadjusted)

$3,097 / yr

at 0.83% benchmark baseline

Calculate Appeal Savings →

Cadastral Land Area

574.05 Acres

25,005,618 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	DRAKE RANCH PARTNERSHIP
Mailing Address	10025 S MAGNOLIA AVE, OCALA FL
Land Classification	060
Improvement Share	94% Structure • 6% Land
Legal Description	ALL E OF RIVER

Cadastral Analysis & Tax Equity Simulation

Interactive Simulator

Unassigned Location RE is cataloged under the Sumter County, FL property tax appraisal roll with a certified market valuation of $373,130. Structural improvements constitute 94% ($350,080) of total parcel value, with allocated land value accounting for 6% ($23,050). The parcel currently benefits from a statutory tax assessment differential of $350,080 (93.8% below market), which is subject to standard ad valorem adjustments upon ownership conveyance. Based on the prevailing FL benchmark tax rate of 0.83%, estimated annual ad valorem taxes are approximately $3,097/year.

Property Tax Appeal Savings Simulator

Slide left to simulate lower certified comp value

Target Valuation: $373,130

-50% ($186,565) Current Roll ($373,130)

Est. Tax Reduction

$0 / yr

(Current assessed baseline)

Simulated at Sumter County benchmark millage rate of 0.83%.

Step-by-step appeal guide →

Nearby Properties in Sumter County

Adjacent Property & Address	City	Just Valuation
ALL E OF RIVER, Lake Panasoffkee, FL	Lake Panasoffkee	$37,120
ALL N & E OF RIVER LESS THAT P, Lake Panasoffkee, FL	Lake Panasoffkee	$38,580
LANDS LYING IN SEC 10 AS DESC, Lake Panasoffkee, FL	Lake Panasoffkee	$30,930
ALL LESS THAT PORTION DEEDED I, Lake Panasoffkee, FL	Lake Panasoffkee	$697,210
LANDS LYING IN SEC 11 AS DESC, Lake Panasoffkee, FL	Lake Panasoffkee	$925,030
ALL LESS BEG S 87 DEG 15 MIN 0, Lake Panasoffkee, FL	Lake Panasoffkee	$15,120