Are Real Estate Taxes The Same As Property Taxes?

Q: Are real estate taxes the same as property taxes?

A: Yes, they are essentially the same.
In Florida, your tax bill consists of ad valorem taxes (based on the assessed value of your land and buildings) and non-ad valorem assessments (fees for services like waste management and Fire-Rescue services).

Because Florida does not tax personal property like vehicles or furniture, the “real estate tax” and “property tax” terms are used interchangeably when referring to your home.

Here’s another tip for Florida residents: go to your County Property Appraiser Website or Tax Collector website where you can look up your specific property taxes and available exemptions, like the Homestead Exemption.