33947 Property Tax Rate

Property owners in ZIP code 33947 (Rotonda West, Florida) pay a median of $3,055/year in property taxes on homes valued at $352,300. This translates to an effective tax rate of 0.87%, which is 13% above the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 33947 is approximately $255, which factors into escrow payments on mortgages. This ZIP code is located within Charlotte County. This is $410 more than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 33947 has lower property taxes. ZIP codes with similar effective rates include 32778 (0.87%) and 33983 (0.87%).

In Rotonda West, property taxes represent approximately 4.2% of the median household income of $73,453, providing context for the relative tax burden on homeowners in this area.

Under Florida's Save Our Homes Act, your property tax is capped at a 3% annual increase once you establish homestead status, but resets to current market value upon sale. Charlotte County offers a $25,000 homestead exemption plus an additional $25,000 exemption on non-school taxes for qualifying primary residences — file with the Charlotte County Property Appraiser before March 1 of the year following purchase to lock in the cap. Contact the Charlotte County Property Appraiser's office immediately after closing to verify your homestead exemption status and confirm your base year value.