We are often asked "What will my property taxes be after I purchase a property?" It's actually a great question, as the new property taxes on a home or condo can be quite different than the historic taxes listed in the Multiple Listing Service (MLS) for the property listing. One of the reasons for this is Florida has a "Save Our Homes" cap on any homesteaded properties in the state of Florida. So if the condo was purchased a while ago when taxes were lower, it has not risen as much as the market has. The property is reassessed when it is sold, and the new owner pays taxes on the re-assessed value.
The best way to estimate your future taxes is to use the Tax Estimator on the Pinellas County Property Appraiser website: https://www.pcpao.org/ You may find it helpful to check out the tips and video below before you go there.
Once you are on https://www.pcpao.org/ go to Search Our Database in the left navigation panel, and choose By Address. Enter the Address from the MLS listing, and submit. From there answer the questions when prompted. To Homestead in Florida, you have to live here for at least 6 months out of the year. See the video below to see how it works.