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Cayo Costa, Lee County, Florida Property Taxes

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Property Taxes in Cayo Costa, Florida

  • Median Cayo Costa, Florida effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.

  • Median Cayo Costa, Florida home value: $506,071

  • Median annual Cayo Costa, Florida tax bill: $4,908, $2,508 higher than the national median property tax bill of $2,400.

How are property taxes in Lee County calculated?

Property taxes in Cayo Costa, Florida are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cayo Costa's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cayo Costa, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Cayo Costa, Lee County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$3,796

$3,522

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Cayo Costa Property Tax Calculator Work?

Use this Cayo Costa property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Cayo Costa's median effective tax rate of 0.75% — based on actual property records in Lee County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cayo Costa's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Cayo Costa: rates can differ based on local levies and assessment districts, so two nearby properties may not be taxed the same way.

Cayo Costa's median property tax rate of 0.75% is lower than Florida's 1.10% median rate, and the median property tax bill of $4,908 is $2,508 higher than the state median. If your estimate is higher than expected, Ownwell can appeal your Cayo Costa assessment — you only pay if we save you money.

About Cayo Costa Property Taxes

About Property Taxes in Cayo Costa, Lee, Florida

Cayo Costa's median effective property tax rate of 0.75% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Lee County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.

Property tax rates are not uniform across Cayo Costa. Homeowners in the highest ZIP code carry a median effective rate of 0.75%, while those in the lowest ZIP code pay 0.75%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Lee County. Understanding which part of Cayo Costa you live in can make a meaningful difference to your annual tax bill.

Cayo Costa homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 12, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Cayo Costa, Lee County, Florida

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Cayo Costa's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Cayo Costa, Lee County, Florida

Source: Ownwell

0.78%

1.16%

1.54%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cayo Costa Tax Rate

0.75%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lee County Tax Rate

1.10%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cayo Costa, Lee County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile

Source: Ownwell

Property Tax Assessment Values Across Cayo Costa, Lee County, Florida

When examining property taxes in Cayo Costa, Florida, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lee County property appraiser estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Lee County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of August.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cayo Costa.

For example, the median home price in Cayo Costa is $506,071, with tax bills ranging significantly across the county. The median property tax bill is $4,908, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.

Property Tax Assessment Values Across Cayo Costa, Lee County, Florida

Source: Ownwell

$77,341

$1,933,747

$3,790,152

Median Cayo Costa Market Value

$506,071

Median Lee County Market Value

$300,439

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cayo Costa, Lee County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile

Source: Ownwell

Property Tax Bills Across Cayo Costa, Lee County, Florida

How are property tax bills calculated in Cayo Costa?

Property tax bills in Cayo Costa are based on the assessed value of a home, which is determined by local taxing authorities and then multiplied by the applicable tax rate. Factors such as market value, exemptions, and local levies all play a role in the final bill. With a median home price of $506,071, homeowners in this area can face property tax bills that vary widely depending on how their property is assessed.

What do homeowners pay in Lee County?

The 25th percentile tax bill is $2,924, the 75th percentile tax bill is $7,028, and the 90th percentile tax bill is $11,141. That range shows how much property taxes can differ from one homeowner to another, even within the same area. Compared with the national median property tax bill of $2,400, many homeowners in Cayo Costa pay more.

How can Ownwell help?

Ownwell helps homeowners review their assessed value, identify savings opportunities, and appeal unfair property tax bills. By challenging overassessments and finding applicable exemptions, Ownwell can help reduce what homeowners owe and lower future property tax bills.

Property Tax Bills Across Cayo Costa, Lee County, Florida

Source: Ownwell

$611

$13,324

$26,037

Median Cayo Costa Tax Bill

$4,908

Median Lee County Tax Bill

$3,258

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Cayo Costa, Lee County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile

Source: Ownwell

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Frequently Asked Property Tax Questions in Cayo Costa, Florida

How are property taxes calculated in Cayo Costa, Florida?
Property taxes in Cayo Costa, Florida are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Cayo Costa, Florida?
To appeal your property taxes in Cayo Costa, Florida, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Cayo Costa, Florida?
Common property tax exemptions in Cayo Costa, Florida include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Cayo Costa, Florida?
Property tax deadlines in Cayo Costa, Florida vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Cayo Costa, Florida?
Ownwell provides professional property tax appeal services in Cayo Costa, Florida. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.