OK, so the first 2 digits of the parcel ID for real estate located in Palm Beach County Florida is the municipality code. If this 00 then the property is located in an unincorporated area of Palm Beach County and the taxes are lower in the unincorporated areas. How much lower?
Let’s look at my listings like 13958 Chester Bay Lane in Frenchmans Harbor. The tax collector MAILS tax bills to residents living here to a North Palm Beach 33408 address. However the first 2 digits of the parcel ID is 00 for ALL Frenchman’s Harbor properties and thus they are in unincorporated Palm Beach County. An examination of the tax bills for these Frenchman’s Harbor properties shows the 2019 millage rate is 17.8542 for these homes where Juno Beach has a tax millage rate of 19.8621, North Palm Beach is 21.2093 and Jupiter is 18.9669. So how much does this save the residents of this community? Let’s assume a 2M taxable valuation. Forget the homesteading for now. In this illustration the Frenchman’s Harbor home owner pays $35,708.40 in ad valorem taxes. Where if this home were located inside of the North Palm Beach municipality then the tax bill would be $42,418.60. That’s $6,710.20 difference, every single year.
Aside from getting resident rates on things like the local soccer league, the difference is when one dials 911 they get a PB County Sheriff and/or fire rescue.
