APN: A10-001 Investor / Non-Owner Occupied

ALL N & E OF RIVER LESS THAT P

Lake Panasoffkee, FL 33538 • Sumter County Jurisdiction
Tax Shock Notice: Current owner benefits from an assessment cap protecting $34,360 in unassessed value. A post-transfer reassessment upon sale may increase taxable assessed value by up to 814.2%.
Financial & Assessment Core
Assessor Fair Market Value
$38,580
Taxable Assessed Value
$4,220
Est. Benchmark Tax (Unadjusted)
$320 / yr
at 0.83% benchmark baseline
Cadastral Land Area
118.71 Acres
5,171,008 sq ft
Cadastral Land Area
118.71 Acres
5,171,008 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 89% Structure • 11% Land
Legal Description ALL N & E OF RIVER LESS THAT P
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Cadastral Analysis & Tax Equity Simulation

Interactive Simulator

Unassigned Location RE is cataloged under the Sumter County, FL property tax appraisal roll with an assessor fair market valuation of $38,580. Structural improvements constitute 89% ($34,360) of total parcel value, with allocated land value accounting for 11% ($4,220). The parcel currently benefits from a statutory tax assessment differential of $34,360 (89.1% 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 $320/year.

Property Tax Appeal Savings Simulator
Slide left to simulate lower assessed comp value
Target Valuation: $38,580
-50% ($19,290) Current Roll ($38,580)
Est. Tax Reduction
$0 / yr
(Current assessed baseline)
Simulated at Sumter County benchmark tax rate of 0.83% (approx. 8.3 mills).
Step-by-step appeal guide →
* Illustrative benchmark calculation based on county baseline. Actual tax bills vary by municipal taxing district, school millage, and statutory exemptions.
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