Distinctive Palm Beach Properties
 
 
Zimmermans
 

Quick Search

 
 

The Price of Paradise: Who pays the highest residential property taxes in Palm Beach?

Posted On: 10-14-2013

By Darrell Hofheinz Daily News Real Estate Writer

Palm Beach has become known as a haven for transplants seeking tax relief, especially those from high-end towns in states that levy both a state income tax and an estate tax — California, New York, New Jersey, Connecticut and Massachusetts, to name a few.But even so, the island’s property tax bills are still loaded with digits that would qualify as big bucks in just about anyone’s estimation, thanks to the home and land values set annually by the Palm Beach County Property Appraiser’s office.

Consider that the owners of three residential estates are set to pay more than $1 million each in taxes for 2013, based on the values assigned to their oceanfront homes by Property Appraiser Gary Nikolits and his staff on Jan. 1.The list of Palm Beachers who pay the highest property taxes hasn’t changed drastically over the past few years — with at least one notable exception. Nelson and Claudia Peltz no longer will receive the island’s biggest residential bill on Nov. 1, when the notices must be mailed by the Palm Beach County Tax Collector’s office.

 

To read more, click here: http://www.palmbeachdailynews.com/news/news/national/the-price-of-paradise/nbMdC/

Source: Darrell Hofheinz, October 14, 2013, Palm Beach Daily News

News Categories

Zimmerman Douglas Elliman

340 Royal Poinciana Way, Suite 318
Palm Beach, FL 33480

Jacqueline A. Zimmerman (561) 906-7153 Direct jz@PalmBeachProperty.com

Adam M. Zimmerman (561) 906-7152 Direct az@PalmBeachProperty.com

(561) 655-8600 Main Office

 
www.DistinctivePalmBeachProperties.com

The Definitive Source for Palm Beach Real Estate

Jacqueline A. Zimmerman(561) 906-7153pAdam M. Zimmerman(561) 906-7152pMain Office(561) 655-8600
Douglas Elliman, Licensed Real Estate Broker | 340 Royal Poinciana Way, Suite 318, Palm Beach, FL 33480


house

Equal Housing Opportunity

Privacy Policy | Terms & Conditions

Copyright © 2017. All Rights Reserved

No warranty or representation, express or implied is made as to the accuracy of the information contained herin, and same is submitted subject errors, omission, change of price rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.