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Information about Aventura real estate and the new tax rate increase

Aventura real estate is one of the most ideal property options within the Miami region due to the fact that these property options can be found within a fresh and young urban suburban environment that has proven to be the perfect setting for people of all ages.

The location of the city

The city itself is located in North Miami within the Miami-Dade County area. It is located between Fort Lauderdale and South Beach, allowing residents to be close to many other popular areas within the region. It is also conveniently located near two airports and two seaports providing even more access for both city residents and visitors.

adventure real estate

Like any other city within Miami, Aventura’s real estate ranges from single-family homes to condominiums, apartments, and other luxury property options. However, the city’s selection of condos has proven to be a top favorite among many property buyers who find the comfort and convenience of a modern high-rise home exceptionally rewarding in this day and age.

However, there are many outstanding single-family homes and other types of property options that can be found in a variety of settings within the suburban city for people who prefer the traditional lifestyle within gated communities such as Aventura Lakes, Aventura Bay, Delvista. Towers, Harbor Village and Island Way.

According to recent reports, the value of Aventura real estate has increased in recent months. In fact, there has been talk of a proposal that has arisen as a result of the rise in the value of properties in the city.

New tax rate increase

City officials are looking at an expected 2.89 percent increase in revenue earned from property taxes to accommodate numerous development plans set for the future that include streetlight improvements that will include the east side of Biscayne Boulevard. , the addition of traffic signals, the resurfacing of the north side of Country Club Drive, and improvement of the city’s drainage system.

The median assessed value for a home within the city is assessed at $175,000. Now, the owner of such a home can expect to end up with a tax bill that would come to around $215.76 that is derived after deduction for a $50,000 homestead exemption.

People who are concerned about the new tax rate increase can easily put their concerns aside, as Aventura Real Estate Properties’ tax rate has been the same for the last 17 years, making it the highest tax rate in the world. low in Miami-Dade County today. If you decide to buy real estate in Aventura, you can easily expect a better quality of life that will include utilities and more.

If you would like more information on selecting real estate in the City, or if you would like to learn more about the new tax rate increase and how it might affect your buying decision within the City, you should contact a professional agent who is specializes in real estate in Aventura for more details.

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