Information About Aventura Real Estate Properties And The New Tax Rate Increase
The City’s Location
The city itself is located in North Miami within the Miami-Dade County area. It sits between Fort Lauderdale and South Beach thus providing residents to be within close range of many other popular areas within the region. It is also conveniently located near two airports and two seaports which provide even more access for both residents as well as guests of the city.
Aventura Real Estate
Much like any other city within Miami, the range of Aventura real estate properties go from single-family homes to condominiums to apartments and other luxury real estate property options. However, the city’s selection of condominiums have proven to be a top favorite among many property buyers who find the comfort and convenience of a modern high-rise home to be exceptionally rewarding in this day and age.
Nevertheless, there are many outstanding single-family homes and other types of real estate options which can be found in a variety of settings within the suburban city for people who prefer the traditional style of living within gated communities such as the Aventura Lakes, Aventura Bay, Delvista Towers, Harbor Village, and Island Way.
According to recent reports, the value of Aventura real estate properties has been on the rise over the last couple of months. In fact, there has been ongoing talks about a proposal which has come about as a result of the hike in property values in the city.
New Tax Rate Increase
City officials are looking into an expected 2.89 percent increase in revenue acquired from property taxes in order to accommodate to numerous development plans set for the future which include street lighting upgrades which will include the eastern side of Biscayne Boulevard, the addition of traffic signs, the resurfacing of the northern area of Country Club Drive, and an upgrade to the city’s draining system.
The assessed median value for a home within the city is valued at $175,000. Now, the owner of such a home can expect to end up with a tax bill that would amount to around $215.76 which is derived after the deduction of a $50,000 homestead exemption.
People who are concerned about the new tax rate increase can easily put their worries aside as the tax rate for Aventura real estate properties has been the same for the past 17 years, making it the lowest tax rate within the Miami-Dade County today. If you decide to purchase Aventura real estate properties, you can easily look forward to a much better quality of living which will be inclusive of public services and more.
If you would like to find out more information about the city’s selection of real estate, or if you want to know more about the new tax rate increase and how this might affect your decision to purchase within the city, you should contact a professional agent that specializes in Aventura real estate properties for more details.
Yaz Morgan
