APN: A10-002 Investor / Non-Owner Occupied

LANDS LYING IN SEC 10 AS DESC

Lake Panasoffkee, FL 33538 • Sumter County Jurisdiction
Tax Shock Notice: Current owner benefits from an assessment cap protecting $27,640 in unassessed value. A post-transfer reassessment upon sale may increase taxable assessed value by up to 840.1%.
Financial & Assessment Core
Certified Just Value
$30,930
Taxable Assessed Value
$3,290
Est. Benchmark Tax (Unadjusted)
$257 / yr
at 0.83% benchmark baseline
Cadastral Land Area
95.16 Acres
4,145,170 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 LANDS LYING IN SEC 10 AS DESC
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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 a certified market valuation of $30,930. Structural improvements constitute 89% ($27,640) of total parcel value, with allocated land value accounting for 11% ($3,290). The parcel currently benefits from a statutory tax assessment differential of $27,640 (89.4% 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 $257/year.

Property Tax Appeal Savings Simulator
Slide left to simulate lower certified comp value
Target Valuation: $30,930
-50% ($15,465) Current Roll ($30,930)
Est. Tax Reduction
$0 / yr
(Current assessed baseline)
Simulated at Sumter County benchmark millage rate of 0.83%.
Step-by-step appeal guide →
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