Financial & Assessment Core

Assessor Fair Market Value

$9,350

Taxable Assessed Value

$470

Est. Benchmark Tax (Unadjusted)

$78 / yr

at 0.83% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

15.59 Acres

679,100 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	95% Structure • 5% Land
Legal Description	FRAC OF E1/2 OF NE1/4 LESS SE1

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)

Unassigned Location RE is cataloged under the Sumter County, FL property tax appraisal roll with an assessor fair market valuation of $9,350. Structural improvements constitute 95% ($8,880) of total parcel value, with allocated land value accounting for 5% ($470). The parcel currently benefits from a statutory tax assessment differential of $8,880 (95.0% 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 $78/year.

Assessed Land Valuation Baseline

$0.0007 / sq ft

Pure Cadastral Land Allocation ($470)

Plat Equity Disparity

Up to 62.3% Lower

Avg 62.0% reduction across 4 comps

Post-Transfer Tax Shock Savings

$3 / yr

Current bill protected at $4/yr under statutory cap

Verified Pure Land Comparables (Private Holdings on Immediate Plat):

Comparable APN	Street Address / Owner	Land Area	Certified Land Value	Land Rate / sq ft	Inequity Gap
VERIFIED COMP A24-010	Unassigned Location RE SUSMAN HELENE D EST	958,320 sq ft	$250	$0.0003	-62.3%
LOCKED A24-00•••••	Unassi•••••••••••• THE ••••••••••••	4,748,040 sq ft	$1,250	$0.0003	-62.0%
LOCKED A13-00•••••	Unassi•••••••••••• THE ••••••••••••	2,722,500 sq ft	$720	$0.0003	-61.8%
LOCKED A13-01•••••	Unassi•••••••••••• SUSM••••••••••••	566,280 sq ft	$150	$0.0003	-61.7%

Official Value Adjustment Board (VAB) Evidence Packet Ready

Under Florida Statutes § 193.011 and county appraisal guidelines, presenting verified lower-assessed adjacent land comparables establishes prima facie proof of unequal assessment. Open the official certified evidence packet ready for VAB board submission.

🔒 Orders Paused for System Maintenance

Adjacent Property & Address	City	Just Valuation
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
W1/2 OF NE1/4 & NW1/4 OF SE1/4, Lake Panasoffkee, FL	Lake Panasoffkee	$481,840

FRAC OF E1/2 OF NE1/4 LESS SE1

Tax Equity Assessment Comps & Appeal Intelligence

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