The Property Appraiser's Office is governed by the Florida Constitution s. 4, Art. VII, Florida Statutes (see, in part, 193.011, 193 and 196), and the Rules and Regulations of the Florida Department of Revenue. The Property Appraiser is an elected official who has autonomy to direct his or her office in compliance with the laws and guidelines set forth by the above entities. The Monroe County Prop
erty Appraiser is responsible for identifying, locating, and fairly valuing all property, both real and personal, within the county for tax purposes. The Property Appraiser has the legal responsibility to discover the market value set by activity in the real estate marketplace and to appraise property accordingly. Our job is to serve the public by providing taxing authorities with accurate and uniform property valuations for tax purposes. The taxing authorities determine a tax rate according to how much money they need to fund their budgets. The market value of your property is a prediction of the most probable selling price, based on actual sales of like properties in similar neighborhoods. It is the duty of the Property Appraiser to gather and analyze the data of these sales. Through the study of this information, the Property Appraiser places a fair market value on every piece of property in Monroe County.