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Certified Cadastral Property Dossier

Sumter County Jurisdiction • State of Florida

RECORD IDENTIFIER

FL-SUMT-A12-001

Certified Fair Market Value

$15,120

Taxable Assessed Valuation

$3,280

Estimated Annual Tax Obligation

$125 / yr

Cadastral Land Dimensions

30.23 Acres

Assessor Parcel ID (APN)	A12-001
Situs Property Address	ALL LESS BEG S 87 DEG 15 MIN 0, Lake Panasoffkee, FL 33538
Recorded Legal Deed Holder	DRAKE RANCH
Owner Recorded Mailing	10025 S MAGNOLIA AVE, OCALA FL 34476
DOR Land Classification	060
Improvement Allocation	78% Structure ($11,840) • 22% Land ($3,280)
Recorded Legal Description	ALL LESS BEG S 87 DEG 15 MIN 0

APN: A12-001 Investor / Non-Owner Occupied

ALL LESS BEG S 87 DEG 15 MIN 0

Lake Panasoffkee, FL 33538 • Sumter County Jurisdiction

Tax Shock Notice: Current owner benefits from an assessment cap protecting $11,840 in unassessed value. A post-transfer reassessment upon sale may increase taxable assessed value by up to 361.0%.

Financial & Assessment Core

Certified Just Value

$15,120

Taxable Assessed Value

$3,280

Est. Benchmark Tax (Unadjusted)

$125 / yr

at 0.83% benchmark baseline

Calculate Appeal Savings →

Cadastral Land Area

30.23 Acres

1,316,819 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	DRAKE RANCH
Mailing Address	10025 S MAGNOLIA AVE, OCALA FL
Land Classification	060
Improvement Share	78% Structure • 22% Land
Legal Description	ALL LESS BEG S 87 DEG 15 MIN 0

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 $15,120. Structural improvements constitute 78% ($11,840) of total parcel value, with allocated land value accounting for 22% ($3,280). The parcel currently benefits from a statutory tax assessment differential of $11,840 (78.3% 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 $125/year.

Property Tax Appeal Savings Simulator

Slide left to simulate lower certified comp value

Target Valuation: $15,120

-50% ($7,560) Current Roll ($15,120)

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
THAT PORTION OF LAND LYING IN, Lake Panasoffkee, FL	Lake Panasoffkee	$22,500
BEG 87 DEG 15 MIN 05 SEC E 112, Lake Panasoffkee, FL	Lake Panasoffkee	$349,140
LANDS LYING IN SEC 12 AS DESC, Lake Panasoffkee, FL	Lake Panasoffkee	$605,010
LANDS LYING IN SEC 12 AS DESC, Lake Panasoffkee, FL	Lake Panasoffkee	$220,370
E1/4 & SW1/4 OF SE1/4 LESS THA, Lake Panasoffkee, FL	Lake Panasoffkee	$1,391,000
BEG AT NW COR OF SEC RUN S 138, Lake Panasoffkee, FL	Lake Panasoffkee	$10,220