W1/2 OF NE1/4 & NW1/4 & SW1/4, LAKE PANASOFFKEE, FL 33538
Recorded Legal Deed Holder
VENTURA RANCH LLC
Owner Recorded Mailing
4310 PABLO OAKS CT, JACKSONVILLE FL 32224
DOR Land Classification
060
Improvement Allocation
99% Structure ($2,540,620) • 1% Land ($35,730)
Recorded Legal Description
W1/2 OF NE1/4 & NW1/4 & SW1/4
APN: B17-002
Investor / Non-Owner Occupied
W1/2 OF NE1/4 & NW1/4 & SW1/4
LAKE PANASOFFKEE, FL 33538 • Sumter County Jurisdiction
Tax Shock Notice: Current owner benefits from an assessment cap protecting
$2,540,620 in unassessed value.
A post-transfer reassessment upon sale may increase taxable assessed value by up to 7110.6%.
Unassigned Location RE is cataloged under the Sumter County, FL property tax appraisal roll with a certified market valuation of $2,576,350. Structural improvements constitute 99% ($2,540,620) of total parcel value, with allocated land value accounting for 1% ($35,730). The parcel currently benefits from a statutory tax assessment differential of $2,540,620 (98.6% 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 $21,384/year.
Property Tax Appeal Savings Simulator
Slide left to simulate lower certified comp value
Target Valuation:$2,576,350
-50% ($1,288,175)Current Roll ($2,576,350)
Est. Tax Reduction
$0 / yr
(Current assessed baseline)
Simulated at Sumter County benchmark millage rate of 0.83%.