Florida Tax Liens & Deeds

 Sale Type: Tax Lien Certificates & Tax Deeds
 Interest Rate: 18% (minimum of 5%)
 Bid Method: Bid Down Interest
 Redemption Period: 2 Years
 Sale Date(s): Annual Lien Sale in May; Year-Round Deed Sales
 State Statute(s): Title 14 Chapter 197
 Over-the-Counter: Yes
 State Website: http://www.myflorida.com/

Florida State Overview

Florida is a hybrid state meaning that each county holds tax lien and tax deed auctions. All counties hold an annual tax lien sale, but the counties sell tax deeds once the unsold tax lien properties have met their two year redemption period. The tax collector generally oversees all delinquent property taxes, interests, penalties and property seizures. Public notices for upcoming auctions are usually advertised in local newspapers about 3 weeks prior to the upcoming sale. Tax lien auctions are an oral or online bidding system wherein the investors compete by bidding down the interest rate. The investor willing to pay all backtaxes, penalties, and fees and then bids the lowest interest rate receives the certificate.

Tax lien investors receive up to an 18% rate of return annually with a guaranteed minimum return of 5% on liens that redeem early. Example, if an investor purchases a tax lien certificate and it is redeemed within 30 days, the rate of return would be the annual rate divided by 12 months. At an interest rate of 18%, a certificate redeemed within 30 days would only yield 1.5%. However, in Florida, if the rate of return of the face value of the certificate is less than 5%, a mandatory rate, or penalty of 5% is guaranteed to the investor if the tax lien is redeemed within 90 days.

The “Bid Down Interest” is the method used in Florida during tax lien auctions. The tax lien certificate amount is set by the combined total of all delinquent taxes, interests, penalties, and costs. Investors will bid down the interest rate of return they are willing to accept in return for paying the certificate cost. Due to Florida’s minimum 5% return, bidding can go as low as 1/4%, and still offer investors an above-average return.

Tax lien certificates may be redeemed at any time within 2 years after April 1st of the year of the issuance of the tax certificate. Following the two-year redemption period, the county is able to issue a deed to the property. The county will hold a tax deed sale to determine the new property owner. Bidding will begin with the amount the certificate holder has invested in the property, plus the interest accrued. If the certificate holder is outbid, or if he/she has no interest in gaining ownership of the property, the certificate holder will be reimbursed as if the original property owner had redeemed.

Each county in Florida does one annual tax lien certificate sale and multiple tax deed sales. The county tax collector ususally handles the annual lien sale; the county clerk of the courts usually handles the deed sale. The foreclosure of the lien sale is not “self-executing” this is why all counties have annual lien sales and frequent tax deed sales. The smaller counties usually have deed sales every two or three months, while the larger counties might hold one or more each month.



File
20170809_FL_PalmBeach_deeds.xls
20170607_FL_PalmBeach_Deed.xls
Walton_County_FL_02-28-2017.xlsx
Walton_County_02-28-2017.xlsx
StJohns_County_FL_02-22-2017.pdf
StJohns_County_FL_02-22-2017 (1).pdf
Seminole_County_FL_02-23-2017.pdf
Seminole_County_FL_02-23-2017 (1).pdf
Seminole_County_02-23-2017.pdf
Sarasota_County_FL_20-28-2017.xlsx
Sarasota_County_FL_02-23-2017.xlsx
Sarasota_County_FL_02-23-2017 (2).xlsx
Sarasota_County_FL_02-23-2017 (1).xlsx
Sarasota_County_FL_02-22-2017.xlsx
Sarasota_County_FL_02-22-2017 (1).xlsx
SantaRosa_County_FL_02-27-2017.xlsx
SantaRosa_County_FL_02-27-2017 (1).xlsx
Pinellas_County_FL_04_19_17.xlsx
Orange_County_FL_02-23-2017.pdf
Orange_County_FL_02-23-2017 (2).pdf
Orange_County_FL_02-23-2017 (1).pdf
Nassau_County_FL_02-28-2017.pdf
MiamiDade_County_FL_05_11_17.xlsx
MiamiDade_County_FL_04_20_17.xlsx
MiamiDade_County_FL_02-23-2017.xlsx
MiamiDade_County_FL_02-23-2017 (1).xlsx
Marion_County_FL_02-22-2017.pdf
Marion_County_FL_02-22-2017 (1).pdf
Leon_County_FL_02-22-2017.xlsx
Leon_County_FL_02-22-2017 (1).xlsx
Lee_County_FL_04_18_17.xlsx
Lee_County_FL_02-28-2017.xlsx
Lee_County_FL_02-28-2017 (1).xlsx
Lee_County_FL_02-21-2017.xlsx
Lee_County_FL_02-21-2017 (1).xlsx
Hillsborough_County_FL_02-23-2017.pdf
Hillsborough_County_FL_02-23-2017 (1).pdf
Gulf_County_FL_02-22-2017.pdf
Gulf_County_FL_02-22-2017 (1).pdf
Gilchrist_County_FL_03-07-2017.xlsx
Florida Auction Info 2016.xlsx
FL.2017-04-11.Alachua_County.Deed.pdf
FL-Walton-20151119.xlsx
FL-Seminole-20160908.xlsx
FL-Madison-00000000.xlsx
FL-Lee-20160920.xlsx
FL-Highlands-20160309.xlsx
FL-Escambia-20160906 (1).xlsx
FL-Charlotte-20160112.xlsx
FL-Broward-00000000.xlsx
Duval_County_FL_04_19_17.xlsx
Duval_County_FL_02-22-2017.xlsx
DeSoto_County_FL_02-22-2017.pdf
DeSoto_County_FL_02-22-2017 (1).pdf
Copy of FL-Gadsden-20151007.xlsx
Copy of FL-Charlotte-20141028.xlsx
Columbia_County_FL_04_17_17.pdf
Collier_County_FL_05_08_17.pdf
Citrus_County_FL_03-01-2017.xlsx
Charlotte_County_FL_05_16_17.xlsx
Charlotte_County_FL_02-28-2017.xlsx
Broward_County_FL_05_17_17.xlsx
Brevard_County_FL_02-23-2017.pdf
Brevard_County_FL_02-23-2017 (1).pdf
230170823_FL_Citrus_Deeds.xlsx
20171207_FL_Okeechobee_Deed.pdf
20171107_FL_Jackson_Deed.pdf
20171107_FL_Bay_Deed.pdf
20171026_KY_FloydCounty_Lien.pdf
20171024_FL_Dixie_Deed.pdf
20171023_FL_SantaRosa_Deed.xlsx
20171019_FL_Miami-Dade_Deed.xlsx
20171018_FL_Washington_Deed.docx
20171017_FL_Walton_Deed.xlsx
20171017_FL_Lake_Deed.xlsx
20171016_FL_Levy_Deed.pdf
20171012_FL_Pasco_Deed.pdf
20171011_FL-Gulf_Deed.pdf
20171010_FL_Jackson_Deed.pdf
20171005_FL_Orange_Deed.pdf
20171004_FL_Hardee_Deed.pdf
20171002_FL_Escambia_Deed.xlsx
20170816_FL_Polk_Deeds.xlsx
20170816_FL_Hillsborough_Deeds.xlsx
20170807_Fl_Osceola_Deed.xlsx
20170720_FL_Brevard County_Deed.xlsx
20170712_FL_CitrusCounty_Deed.xlsx
20170703_FL_EscambiaCounty_Deed.xlsx
20170622_FL_MiamiDadeCounty_Deed.xlsx
20170622_FL_Clay_OTC_liens.xlsx
20170622_FL_Clay_OTC_liens (1).xlsx
20170622_FL_BrevardCounty_Deed.xlsx
20170620_FL_LeeCounty_Deed.xlsx
20170620_FL_CharlotteCounty_Deed.xlsx
20170615_FL_Polka_Deed.xlsx
20170615_FL_Miami-Dade County_Deed copy.xlsx
20170614_FL_Pinellas_Deed.xlsx
20170613_FL_Charlotte_County_Deed.xlsx
20170612_FL_SantaRosa_Liens.xlsx
20170606_FL_Sarasota_Deed.xlsx
20170601_FL_Okechobee_Liens.pdf