33025 Property Tax Rate

Property owners in ZIP code 33025 (Hollywood, Florida) pay a median of $3,124/year in property taxes on homes valued at $339,400. This translates to an effective tax rate of 0.92%, which is 20% above the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 33025 is approximately $260, which factors into escrow payments on mortgages. This ZIP code is located within Broward County. This is $479 more than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 33025 has lower property taxes. ZIP codes with similar effective rates include 33408 (0.92%) and 33433 (0.92%).

In Hollywood, property taxes represent approximately 4.6% of the median household income of $68,120, providing context for the relative tax burden on homeowners in this area.

Under Florida's Save Our Homes Act, your homestead property's assessed value is capped at 3% annually, but resets to market value upon sale—Broward County's higher effective rate (0.86%) means your tax bill will increase significantly at purchase. Broward County offers a $25,000 homestead exemption plus an additional $25,000 exemption for non-school taxes; apply with the Broward County Property Appraiser immediately after closing to reduce your taxable value. File online at bcpao.us or visit a regional office within 30 days to ensure your exemption is applied to your first bill.