Lee County Property Appraiser Matt Caldwell has released estimated tax roll figures for Fort Myers Beach for the 2025 tax year. After seeing a 40% increase in taxable value in 2024, the estimated increase for 2025 on the beach is only 3%.
In 2023 Fort Myers Beach had $2.6 billion worth of property that could be taxed. In 2024 it shot up to $4.169 billion. For reference, before the storm, the total taxable value of properties on Fort Myers Beach in 2022 was $4.5 Billion. The estimated 2025 taxable value of $4.294 billion is a 3% increase and it’s what the Fort Myers Beach Town Council will be using to set the ad-valorum rates for its next fiscal year which begins October 1st. The current tax rate on the beach is .99 of $1,000 of assessed property value. The Town Council has not voted to raise that rate in several years.
By comparison, Caldwell is estimating Sanibel will increase by 1%, Bonita will increase 3.5% and countywide the increase is estimated to go up 4.8%…