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My Open Door Policy
Fairly appraise all properties, so you pay only your
required share of taxes.
Treat everyone with courtesy, honesty and respect.
Our public records are always open for inspection and
we will give you the time necessary to explain our
methods and procedures.
The Property Appraiser’s office belongs to the people
of Martin County.
My door is always open for questions, comments and
concerns.
Fun Facts
No. of real property parcels ……..……………… 94,389 No. of commercial/industrial parcels.... 3,527 (3.7%) No. of tangible personal property accounts... 12,403 Total Just Value …………………….. $24,645,211,056 Total Taxable Value ………………… $17,713,775,850 Total Taxable Value of commercial/industrial ……
……….. $ 3 Billion (17% of Total Taxable) No. of full time & part time employees…………… 43
More Fun Facts
Single family homes ……………………………. 46,930
Residential condominium units ……………. 14,928
Mobile homes owning land …………………... 4,703
Properties with homestead exemption …… 42,896
(45% of all properties)
Largest house contains 17,806 sqft of A/C space
Limited income senior exemption …………. 2,181
Houses built before 1940 ……………………… 476
Restaurants ………………………………………… 346
Golf courses ……………………………………….. 34
Parks & Conservation Areas ………………….. 130
Highest price paid for a single family home …………….. $32,400,000
More Fun Facts
Top Five Property Values
(1) Florida Power & Light Company ……… $1,966,112,541 (2) Indiantown Cogeneration, LP …………. $ 118,840,201 (3) Treasure Coast Mall ……………………… $ 74,270,313 (4) Tiger Woods …………………..……………. $ 55,648,810 (5) Florida Gas Transmission Co.…..……... $ 45,365,187
Most unusual agricultural use …………………… ratite
(flightless bird such as an ostrich or emu)
More Fun Facts
Top Five TPP Property Values – No Utilities
(1) Louis Dreyfus Citrus Inc…………………… $ 16,156,342 (2) Turbocombustor Technology …………... $ 11,526,586 (3) Vought Aircraft Industries Inc ………….. $ 6,531.853 (4) Lake Point Restoration LLc .…………..… $ 4,236,198 (5) Premier Party Rentals Inc .…..………….. $ 3,230,191
More Fun Facts
Total Number of Sales Greater Than $1,000
2006….. 6,478 2007….. 4,566 2008….. 3,951 2009….. 4,052 2010….. 4,501 2011….. 4,554 2012….. 5,476 2013……6,945 2014……6,184
Median Sale Price of Single Family (Arms length)
2006…..$345,000 2007…..$313,450 2008…..$262,500 2009…..$222,500 2010…..$225,000 2011…..$205,000 2012…..$219,900 2013…..$250,000 2014…..$270,000
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2006 2007 2008 2009 2010 2011 2012 2013 2014
More Fun Facts
Number of Houses Added to Tax Roll
2006…..1,673
2007…..1,738
2008……..840
2009……..346
2010……..179
2011……..218
2012……..220
2013……..316
2014……..380
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2006 2007 2008 2009 2010 2011 2012 2013 2014
Portability of the
Save Our Homes Benefit
All Not Aboard Florida
All About Freight?
Tangible Personal Property Specialist: Natasha Jadusingh
Ownership & Mapping Dept. Manager: Pam Hardy
Commercial Dept. Manager: Michael Cooper
Sr. Commercial Appraiser/Project Mgr.: Robert Webster
Customer Service/Exemption Dept. Manager: Karen Leary
Business Analyst & Tax Roll Manager: Karl Andersson
Agriculture Appraiser: Dawn Jaschinski
New Staff
Foreclosure Layer – Coming Soon
Property Tax Oversight by FDOR
• 2013 non in-depth audit results
• 2014 in-depth audit results
Millage Codes – Link to breakdown of
funds
New items on the website
Sale information links Official Records Book/Page directly to Clerk of Circuit Court website. Link to Martin County’s website for FEMA Flood Maps Job Postings – Software Support Specialist currently open Free standard reports accessed the most: • Acreage Greater than 2 acres • All Residential • Twelve Month Sales
Items on website continued
Now available on website (pa.martin.fl.us).
Request must be submitted through the
website no later than April 1st.
Automatic 45 day extension until May 15th
but MUST file a request with the Property
Appraiser’s Office.
Attach the email confirmation to the DR-405
tax return. If you did not receive an email
confirmation, then the request was not
approved.
Filing MUST be postmarked on or before
May 15, 2015.
Tangible Personal Property –
2015 Filing Extension Request
Click on “NEW TPP Extension Request Form”
Provided by the Department of Revenue (DOR).
The Property Appraiser’s Office (PAO) analyzes
data to verify the reasonableness of the DOR
tables.
PAO maintains the acquisition year and the
year the asset was removed.
• By account,
• By each asset on the account
Lump Sum vs. Individual Listing
• Categorizing Equipment
Depreciation Tables
PAO prepares a spreadsheet that has a column
for the asset schedule and the age at
retirement.
A summary table is prepared with the asset
schedule, and the average, median, minimum,
and maximum age at retirement.
The PAO concludes that the table is generally
reasonable.
PAO estimates the value of businesses that
• have not filed
• appear to be under reporting
PAO maintains the North American Industry
Classification System (NAICS) number on each
account.
The first 2 digits of the 6 digit NAICS code are
referred to as the “sector.”
NAICS Sector codes
Sector Labels
Parcel
Count
Average of
Original
Purchase
Price
Minimum
of
Original
Purchase
Maximum
of Original
Purchase
Price
Average of
Appraised
Value
Minimum
of
Appraised
Value
Maximum of
Appraised
Value
11 - Agriculture, Forestry, Fishing and Hunting 185 400,859 1 50,128,371 165,213 1 17,987,360
21 - Mining, Quarrying, and Oil and Gas Extraction 10 444,682 635 3,015,076 236,581 635 1,658,079
22 - Utilities 37 57,166,027 1,250 839,390,512 57,161,429 742 839,390,512
23 - Construction 1,190 96,593 1 8,668,591 71,745 1 8,668,591
31 - Manufacturing 61 108,563 400 2,755,878 68,511 117 2,434,713
32 - Manufacturing 73 2,056,242 107 56,813,288 737,686 55 21,655,024
33 - Manufacturing 219 673,046 319 68,685,862 229,743 113 21,071,658
42 - Wholesale Trade 159 59,215 1 1,170,538 33,598 1 822,960
44 - Retail Trade 763 189,825 1 5,287,852 81,724 1 2,947,704
45 - Retail Trade 408 111,791 1 4,450,571 46,415 1 1,952,007
48 - Transportation and Warehousing 131 420,883 50 25,158,532 393,186 50 25,158,532
49 - Transportation and Warehousing 27 54,381 49 627,825 34,608 10 216,466
51 - Information 88 190,384 100 6,921,579 80,635 67 3,122,435
52 - Finance and Insurance 303 119,072 100 9,117,346 44,520 100 2,405,377
53 - Real Estate and Rental and Leasing 1,348 59,937 1 2,606,550 32,185 1 1,297,213
54 - Professional, Scientific, and Technical Services 1,035 54,599 25 8,732,712 21,654 19 2,955,830
55 - Management of Companies and Enterprises 3 1,804 765 2,422 1,526 765 2,237
56 - Administrative and Support and Waste Management and Remediation Services853 25,525 1 2,330,990 10,929 1 1,214,545
61 - Educational Services 104 85,741 54 1,630,787 77,958 48 1,467,227
62 - Health Care and Social Assistance 629 465,323 1 165,096,009 238,074 1 93,576,418
71 - Arts, Entertainment, and Recreation 222 286,128 75 8,547,991 125,669 55 3,469,719
72 - Accommodation and Food Services 388 151,187 385 4,841,427 69,662 74 2,045,280
81 - Other Services (except Public Administration) 981 35,408 50 1,653,065 18,985 34 1,204,904
92 - Public Administration 88 376,684 340 14,000,000 91,782 121 3,301,200
NULL 14 704 1 9,840 167 1 2,320
Grand Total 9,319 383,397 1 839,390,512 302,167 1 839,390,512
Religious
Charitable
Education
Nursing Homes
Personal Property Exemptions
Leased Equipment
When filing 1st time, indicate “leased” and from whom.
Equipment bought in a transfer
Break values down, if possible Do not “lump sum” the assets
Leasehold Improvements – What’s Included?
Partition Walls (framed with drywall)
Real Property Built In Furniture (partition cubicles)
Tangible Personal Property Display Cases
Tangible Personal Property Cabinetry
Real Property (if attached to wall) Tangible Personal Property (if not attached to wall)
Waiver Notice
DOR Audit Findings
2014 In-Depth Audit Results
2013 Non in-Depth Audit Results
Residential Property – Ratio Distribution
Commercial/Industrial Property
Ratio Distribution
Trends
Allegro – Indian Street in Stuart Sold in 2014 - $26,000,000 Grand Oaks – Jensen Beach Blvd. Newly Constructed 2014 Stuart Lodge - Palm Beach Road Newly Constructed in 2014
Adult Congregate Living Facility
(ACLF)
Value of operation as marina
is less than the value as
vacant land.
Marina – Working Waterfront
When, why and how Who is notified: • Law Enforcement (Sheriff, Police) • Property Owner’s Associations • Facebook
Exterior Physical Inspections
of Properties
My Open Door Policy
Fairly appraise all properties, so you pay only your
required share of taxes.
Treat everyone with courtesy, honesty and respect.
Our public records are always open for inspection and
we will give you the time necessary to explain our
methods and procedures.
The Property Appraiser’s office belongs to the people
of Martin County.
My door is always open for questions, comments and
concerns.
