In most areas of Daytona Beach and the wider Volusia County, property taxes fall between 1.0% and 1.3% of your home’s assessed value. This percentage is applied to the value determined by the Volusia County Property Appraiser, not necessarily the price you paid.
1- On a $300,000 home, you can expect an annual property tax bill of roughly $3,000–$3,900.
2- Taxes are billed once per year, though many homeowners pay them monthly through their mortgage escrow account.
1. The county determines your assessed value based on current market conditions.
2. That value is multiplied by the local millage rate (the rate set by taxing authorities).
3. The result is your annual property tax bill
When you purchase a home, it’s important to know that the property will likely be reassessed.
1- If the previous owner had long-term ownership or a Homestead Exemption, their tax bill may have been significantly lower than what you will pay.
2- This reassessment often means a higher bill in your first year of ownership, so it’s wise to budget for the difference.
If you’re making your Daytona Beach property your primary residence, you may qualify for the Florida Homestead Exemption, which offers:
1- Up to $50,000 reduction in assessed value
2- A cap on annual assessment increases (3% or the CPI, whichever is lower)
3- Certain creditor protections
1- The home must be your permanent residence as of January 1
2- You must apply by March 1 of the following year
This exemption can save you hundreds of dollars each year and help keep your property taxes predictable.
The tax rate itself is similar across the area, but homes closer to the ocean , such as in Daytona Beach Shores or Ormond-by-the-Sea, generally have higher assessed values. That means the total dollar amount of taxes is often higher simply because the property is worth more.
1- Ask for the current tax bill when viewing a home, but remember it may not reflect your future bill after reassessment.
2- Be aware that Homestead savings don’t transfer from seller to buyer.
3- Check for any special assessments or Community Development District (CDD) fees, which are more common in newer neighborhoods.
Whether you’re looking in Port Orange, DeLand, Holly Hill, or along the beaches, our team ensures you understand the true cost of ownership:
1- We provide custom tax projections for specific homes.
2- We walk you through the Homestead Exemption filing process after closing.
3- We factor tax estimates into your monthly payment projections so you’re never caught off guard.
Property taxes in Daytona Beach are manageable compared to many parts of Florida, and there are smart ways to reduce and control them over time. The key is to plan ahead, especially for reassessment after purchase, and take advantage of the Homestead Exemption if you qualify.
If you’re considering a move, we can help you run the numbers and understand exactly how taxes will affect your budget.