Value of Mar a Lago

Tax assessors value: $18 mil.
Liza Pulitzer, Brown, Harris, Stevens Real Estate: No comparable properties: rock bottom, $300 mil
Rob Thomson, Waterfront Properties: $600 mil
Tampa Bay Times: Tampa Bay Times: hundreds of millions
Forbes: $325 mil

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Threepio

[quote] Tax assessors value: $18 mil [/quote]

Must know the assessor.... Will pay much less in yearly property taxes.

MarthannBann888 · 70-79, F

@Threepio

Are you sure, because a tax assessor pays nothing. He assesses the property and the county taxes the individual accordingly.

Threepio

@MarthannBann888 Yes I'm sure. The owner will pay less in property taxes if the property is assessed at a lower value. That is the way property taxes work.....

MarthannBann888 · 70-79, F

@Threepio
Your post was unclear. Either way the assessed value is never what the banks use to determine loans. That judge knew that too.