Florida Residents - File Homestead Exemption
If you own a home in Florida, and live in it as your primary residence, then Florida law typically allows you a $25,000 tax exemption on the assessed value of the property. If you purchased the property in 2011, then it is time for you to file for homestead, as it doesn't automatically transfer to a new owner, at the start of the new year. An application must be filed. After that, the exemption automatically renews, if you remain eligible.
Homestead exemption may allow a Florida homeowner a savings of approximately $450 on their yearly tax bill. And, with the passing of Amendment 1, many homeowners may be entitled to an additional $25,000 in exemption for a total of $50,000, on the assessed value of their property. Thus, allowing approximately an additional $240 savings on their tax bill.
New homeowners may apply for homestead between January 1 and March 1, for the first time. You must have purchased your home prior to December 31, 2011. If you do not file by March 1 you may lose your rights to homestead for that year. You should complete an application (Form DR-501). It must then be submitted to the property appraisers office. The pdf form can be downloaded here.
In order to apply for homestead for the first time, an owner must have moved into the home prior to January 1, 2012 and it must be considered your primary residence. With the completed homestead application an owner must provide a
1- Florida Driver License or Florida ID card.(with your new address on it)
2- Florida Vehicle Registration
3. Brevard County Voters Registration card
4. Social security number or social security card
5. If not a US resident, a Resident Alien Card
6. A copy of the trust, if the property is in a trust
7. The recorded deed to the property.
If you would like additional information on Homestead Exemption here is the link for the Brevard County Property Appraisers office.
Sandy Shores, Melbourne FL REALTOR®
M & M Real Estate, Inc.
Residential, Investment and Relocations
We have a team of professionals to facilitate your Short Sale.
Melbourne Real Estate / Palm Bay Real Estate
321-253-4545 or 321-733-6080
SandyShoresMelbourne@hotmail.com
____________________________________________
Serving Brevard County Florida for 15 Years
Brevard County Resident for 36 Years
Melbourne, Palm Bay, Suntree, Viera, Rockledge,
Cocoa, Canaveral Groves, Merritt Island, Titusville, Mims,
Melbourne Beach, Indialantic, Indian Harbour Beach,
Satellite Beach, Cocoa Beach, Cape Canaveral
______________________________________________
I buy, sell, rent, own and manage Investment Property.
Visit me on my Google Profile Page
Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There
Fairview Estates is a small, well appointed community of just under 60 custom built, single family homes, situated on half acre lots or larger. Fairview feels like country living in the city. As of this writing there is no Homeowners Association in place.
Fairview is located south of Lake Washington Road, one block west of Wickham Road. Location is key in this desirable neighborhood. Walk to shopping, Burger King, Taco Bell, Ice Cream, Dunkin' Donuts. Just minutes to I-95 and US 1 and the Maxwell C King Center for the Performing Arts.
Fairview is situated near top rated Brevard County Schools.
There are currently no houses for sale in Fairview Estates. And, currently there are no houses under contract. Fairview is a well established neighborhood, and typically there is not much owner turnover.
There were no sales in the neighborhood in 2011. However, there were 4 houses that sold between July and December 2010. List prices were between $169,999 to $217,777. Sales prices were $179,500 to $218,500. These were built between 1981 and 1993.
They ranged from 1794 to 1957 square feet of living (under air). Three of the four houses had pools.
And 1 of the houses boasted a three car garage. Many of the homes can accommodate R/V parking.
Fairview is located between the Pineda Causeway and the Eau Gallie Causeways.
A drive to enjoy beautiful Brevard County beaches takes about 15 minutes.
Being in the Lake Washington area of Melbourne it's a short drive across the Eau Gallie or Pineda Causeway to beaches.
Hop on your bicycle and head down to Lake Washington to catch a glimpse
of an incredible sunset.
The Lake Washington area of Melbourne, near Fairview Estates, boasts many beautiful neighboring
communities at incredibly affordable prices.
Take a drive down Fairview Drive in the Lake Washington area of Melbourne Florida using Google Maps.
View Larger Map
Currently there are:3113 residential listings for sale
1158 rental listings available
876 condos for sale
201 townhouses for sale
93 income producing properties
2195 vacant parcels for sale
Statistics for Brevard County FL Real Estate, December 2011...
Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:
There were 611 new listings.
There were 376 sold listings.
Average sales price was $133,136.
Average days on the market were 120.
For single family residential units only:
There were 414 new listings.
This is a decrease of 2.82% from December 2010 of 426 listings.
There were 309 sold listings.
This is a decrease of 4.33% from December 2010 of 323 sold listings.
The average sale price in December 2011 was $138,968.
This is a decrease of 5.52% from December 2010 of $147,090.
Average days on the market were 107, a 17.69% decrease from December 2010 of 130 days.
The year end totals for 2011:
6312 new listings compared to 7371 new llstings in 2010
4041 sold listings compared to 3630 sold listings in 2010
The average sales price $145,552, compared to $146,409 in 2010.
The average market time is 123 days, compared to 109 days in 2010.
Source: Melbourne Association of Realtors
Brevard County showed a 4.33% decrease in the number of properties sold in December 2011 compared to December 2010. And, we noticed a decrease of 5.52% in average sales price from last year. It appears that we are experiencing a bit of stability in our market. Prices are not dropping drastically as in years past. And, we are finding that properties are steadily moving off the market.
We currently have a large number of investors and some second/vacation home buyers in the market. Buyers still have an interest in relocating to our area because of the Florida sunshine, the Indian and Banana rivers and the beautiful sandy beaches. There are also some nice tax incentives here in Florida. (Please consult a CPA or tax accountant for more info on taxes.)
Today, Brevard County prices are relatively inexpensive compared to neighboring cities in Florida.
Sandy Shores, Melbourne FL REALTOR®
M & M Real Estate, Inc.
Residential, Investment and Relocations
We have a team of professionals to facilitate your Short Sale.
Melbourne Real Estate / Palm Bay Real Estate
321-253-4545
SandyShoresMelbourne@hotmail.com
____________________________________________
Serving Brevard County Florida for 15 Years
Brevard County Resident for 36 Years
Melbourne, Palm Bay, Suntree, Viera, Rockledge,
Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,
Indialantic, Indian Harbour Beach, Satellite Beach,
Cocoa Beach, Cape Canaveral
______________________________________________
I buy, sell, rent, own and manage Investment Property.
Visit me on my Google Profile Page
Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There
Sandy Shores, Melbourne FL REALTOR®
M & M Real Estate, Inc.
Residential, Investment and Relocations
We have a team of professionals to facilitate your Short Sale.
Melbourne Real Estate / Palm Bay Real Estate
321-253-4545 or 321-733-6080
SandyShoresMelbourne@hotmail.com
____________________________________________
Serving Brevard County Florida for 15 Years
Brevard County Resident for 36 Years
Melbourne, Palm Bay, Suntree, Viera, Rockledge,
Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,
Indialantic, Indian Harbour Beach, Satellite Beach,
Cocoa Beach, Cape Canaveral
______________________________________________
I buy, sell, rent, own and manage Investment Property.
Visit me on my Google Profile Page
Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There
Sandy Shores, Melbourne FL REALTOR®
M & M Real Estate, Inc.
Residential, Investment and Relocations
We have a team of professionals to facilitate your Short Sale.
Melbourne Real Estate / Palm Bay Real Estate
321-253-4545 or 321-733-6080
SandyShoresMelbourne@hotmail.com
____________________________________________
Serving Brevard County Florida for 15 Years
Brevard County Resident for 36 Years
Melbourne, Palm Bay, Suntree, Viera, Rockledge,
Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,
Indialantic, Indian Harbour Beach, Satellite Beach,
Cocoa Beach, Cape Canaveral
______________________________________________
I buy, sell, rent, own and manage Investment Property.
Visit me on my Google Profile Page
Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There
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Excellent service in Melbourne, Palm Bay, Indialantic, Indian Harbour, Satellite Beach, Suntree, Viera, Rockledge, Titusville & more Melbourne Real Estate & Investing, Brevard Real Estate
Broker-Associate Sandy Shores, at M & M Real Estate specializes in Residential, Relocation and Investment Real Estate in the Melbourne and Palm Bay areas and across Brevard County, Florida's Space Coast.
Serving buyers, sellers and investors in Brevard County Florida, including Melbourne, West Melbourne, Palm Bay, Melbourne Beach, Indialantic, Indian Harbour Beach, Satellite Beach, Cocoa Beach, Cape Canaveral, Mims, Titusville, Cocoa, Canaveral Groves, Titusville, Mims, Cocoa, Rockledge, Viera and Suntree Florida.
In Florida since 1968.
Moved to Melbourne FL in 1975.
My broker has been in the business for 50 years specializing in Residential, Commercial and Investment Property. He has been a wealth of knowledge for me. He currently owns and has owned investment property for those 50 years. For several years he was the manager of a large nationally recognized company, overseeing over 120 real estate agents.
I buy, sell, rent, own and manage investment property and I can help you learn to do the same. I began purchasing investment properties in 1996. I own multiple single family properties throughout Melbourne that my family and I maintain and manage. We have purchased and continue to hold rental properties and we've sold some along the way, depending on market conditions.
In real estate you accumulate wealth over time, it's not a get rich quick scheme. If everyone is buying, you sell. And, if everyone is selling, you buy.
*Ask about our property management services.
We accept additional properties to manage based on current market conditions.
Member of the Melbourne Area Board of Realtors.
Member of Florida Association of Realtors.
Member of the National Association of Realtors.
Past Treasurer of Brevard's Best Traveling Community Service Youth Entertain Group - 6 yrs.
3 Years Collection Manager for Brevard Emergency Services - Emergency Room Physician Billing - Effective in implementing new policies and procedures in the collection department.
Visit Sandy Shores, Broker-Associate Google Profile Page
Sandy, Thank you so much for all of your help from start to finish, and making my dreams come true. You are a credit to your profession. You and your family are welcome at my home anytime!
- Cheers, Tony Ward, England
...Through perseverance, knowledge of the Real Estate Market and knowing our personal needs, Sandy was able to sell our property within thirty days. Her services and professionalism were a credit to the Real Estate profession. It was a joy to us because the property sold due to her knowledge of market conditions and her expertise. -Danny & Diane Sicilia, Melbourne
Sandy Shores is one of the finest real estate agents that I've had the pleasure to be associated with in my 45 years in the business. Sandy is far above the competition in knowledge and ability. And best of all, she has a true concern for the customers she comes in contact with. Sandy is 100% committed.
-Willard "Bill" Mallery, Palm Bay, Florida
Sandy's persistence and detailed market appreciation enabled out house to sell within one month of her hiring...Sandy's extreme job knowledge make difficult questions easily answered...Hiring Sandy Shores ensures you get the best Realtor for the job!
-C.E. Booton, Retired Major USAF 23 years, Navarre FL
Every time I hear of someone who is interested in buying a new home, I immediately begin singing my praises of you. You went far beyond the call of duty. I also rave about how you helped me, with a new business. work through more than a few major problems with the mortgage lender. I really thought it was not going to happen, but thanks to you any your hard work and diligence I am now sitting in my very own new home!
Sandy, you impressed me with your professionalism and even after the closing I could rely on you to help with some of the challenges of owning my first home. You really take the time to help, listen and suggest possible solutions. There are very few people who go out of their way for people the way you do. For professionalism you get an A+, for customer service, A+, and for knowledge in your field A+. If I ever sell this home or buy another, I want you as my Realtor. Thank you for everything! - Kathi Belger, Melbourne
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