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High property taxes among the unpleasant costly surprises greeting wealthy transplants to Florida - S. Florida Business & Wealth

Summary by SFBW
Year-round sunshine, beautiful beaches, a lively social scene, arts and culture, and a lack of state and estate taxes: the combination is unbeatable for wealthy Northerners who are sick of being bled by the latter. The “great wealth migration” to South Florida, in particular, has been in full effect for some time now, but what transplants did not expect was getting hit with sky-high (and rising) property tax bills as well as hefty condo assessme…
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SFBW broke the news in on Sunday, June 1, 2025.
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