My Open Door Policy
Fairly appraise all properties, so you pay only your
required share of taxes.
Treat everyone with courtesy, honesty and respect.
Our public records are always open for inspection and
we will give you the time necessary to explain our
methods and procedures.
The Property Appraiser’s office belongs to the people
of Martin County.
My door is always open for questions, comments and
concerns.
Fun Facts
No. of real property parcels ……..……………… 94,389
No. of commercial/industrial parcels.... 3,527 (3.7%)
No. of tangible personal property accounts... 12,403
Total Just Value …………………….. $24,645,211,056
Total Taxable Value ………………… $17,713,775,850
Total Taxable Value of commercial/industrial ……
……….. $ 3 Billion (17% of Total Taxable)
No. of full time & part time employees…………… 43
More Fun Facts
Single family homes ……………………………. 46,930
Residential condominium units ……………. 14,928
Mobile homes owning land …………………...
4,703
Properties with homestead exemption …… 42,896
(45% of all properties)
Largest house contains 17,806 sqft of A/C space
Limited income senior exemption ………….
2,181
Houses built before 1940 ………………………
476
Restaurants …………………………………………
346
Golf courses ………………………………………..
34
Parks & Conservation Areas …………………..
130
Highest price paid for a single family home
…………….. $32,400,000
More Fun Facts
Top Five Property Values
(1) Florida Power & Light Company ……… $1,966,112,541
(2) Indiantown Cogeneration, LP …………. $
118,840,201
(3) Treasure Coast Mall ……………………… $
74,270,313
(4) Tiger Woods …………………..……………. $
55,648,810
(5) Florida Gas Transmission Co.…..……... $
45,365,187
Most unusual agricultural use …………………… ratite
(flightless bird such as an ostrich or emu)
More Fun Facts
Top Five TPP Property Values – No Utilities
(1) Louis Dreyfus Citrus Inc…………………… $ 16,156,342
(2) Turbocombustor Technology …………... $ 11,526,586
(3) Vought Aircraft Industries Inc ………….. $
6,531.853
(4) Lake Point Restoration LLc .…………..… $
4,236,198
(5) Premier Party Rentals Inc .…..………….. $
3,230,191
More Fun Facts
Total Number of Sales Greater Than $1,000
2006….. 6,478
2007….. 4,566
2008….. 3,951
2009….. 4,052
2010….. 4,501
2011….. 4,554
2012….. 5,476
2013……6,945
2014……6,184
12000
10000
8000
6000
4000
2000
0
2006 2007 2008 2009 2010 2011 2012 2013 2014
Median Sale Price of Single Family (Arms length)
2006…..$345,000
2007…..$313,450
2008…..$262,500
2009…..$222,500
2010…..$225,000
2011…..$205,000
2012…..$219,900
2013…..$250,000
2014…..$270,000
400000
300000
200000
100000
0
2006 2007 2008 2009 2010 2011 2012 2013 2014
More Fun Facts
Number of Houses Added to Tax Roll
2006…..1,673
2007…..1,738
2008……..840
2009……..346
2010……..179
2011……..218
2012……..220
2013……..316
2014……..380
2000
1800
1600
1400
1200
1000
800
600
400
200
0
2006 2007 2008 2009 2010 2011 2012 2013 2014
Portability of the
Save Our Homes Benefit
All Not Aboard Florida
All About Freight?
New Staff
Tangible Personal Property Specialist: Natasha Jadusingh
Ownership & Mapping Dept. Manager: Pam Hardy
Commercial Dept. Manager: Michael Cooper
Sr. Commercial Appraiser/Project Mgr.: Robert Webster
Customer Service/Exemption Dept. Manager: Karen Leary
Business Analyst & Tax Roll Manager: Karl Andersson
Agriculture Appraiser: Dawn Jaschinski
New items on the website
Foreclosure Layer – Coming Soon
Property Tax Oversight by FDOR
• 2013 non in-depth audit results
• 2014 in-depth audit results
Millage Codes – Link to breakdown of
funds
Items on website continued
Sale information links Official Records
Book/Page directly to Clerk of Circuit Court
website.
Link to Martin County’s website for FEMA
Flood Maps
Job Postings – Software Support Specialist
currently open
Free standard reports accessed the most:
• Acreage Greater than 2 acres
• All Residential
• Twelve Month Sales
Tangible Personal Property –
2015 Filing Extension Request
Now available on website (pa.martin.fl.us).
Request must be submitted through the
website no later than April 1st.
Automatic 45 day extension until May 15th
but MUST file a request with the Property
Appraiser’s Office.
Attach the email confirmation to the DR-405
tax return. If you did not receive an email
confirmation, then the request was not
approved.
Filing MUST be postmarked on or before
May 15, 2015.
From the Property Appraiser Home Page
(www.pa.martin.fl.us)
Click on “NEW TPP Extension
Request Form”
Depreciation Tables
Provided by the Department of Revenue (DOR).
The Property Appraiser’s Office (PAO) analyzes
data to verify the reasonableness of the DOR
tables.
PAO maintains the acquisition year and the
year the asset was removed.
• By account,
• By each asset on the account
Lump Sum vs. Individual Listing
• Categorizing Equipment
PAO prepares a spreadsheet that has a column
for the asset schedule and the age at
retirement.
A summary table is prepared with the asset
schedule, and the average, median, minimum,
and maximum age at retirement.
The PAO concludes that the table is generally
reasonable.
PAO estimates the value of businesses that
• have not filed
• appear to be under reporting
PAO maintains the North American Industry
Classification System (NAICS) number on each
account.
The first 2 digits of the 6 digit NAICS code are
referred to as the “sector.”
NAICS Sector codes
Average of
Original
Parcel Purchase
Sector Labels
Count Price
11 - Agriculture, Forestry, Fishing and Hunting
185
400,859
21 - Mining, Quarrying, and Oil and Gas Extraction
10
444,682
22 - Utilities
37 57,166,027
23 - Construction
1,190
96,593
31 - Manufacturing
61
108,563
32 - Manufacturing
73 2,056,242
33 - Manufacturing
219
673,046
42 - Wholesale Trade
159
59,215
44 - Retail Trade
763
189,825
45 - Retail Trade
408
111,791
48 - Transportation and Warehousing
131
420,883
49 - Transportation and Warehousing
27
54,381
51 - Information
88
190,384
52 - Finance and Insurance
303
119,072
53 - Real Estate and Rental and Leasing
1,348
59,937
54 - Professional, Scientific, and Technical Services
1,035
54,599
55 - Management of Companies and Enterprises
3
1,804
56 - Administrative and Support and Waste Management and Remediation
853 Services
25,525
61 - Educational Services
104
85,741
62 - Health Care and Social Assistance
629
465,323
71 - Arts, Entertainment, and Recreation
222
286,128
72 - Accommodation and Food Services
388
151,187
81 - Other Services (except Public Administration)
981
35,408
92 - Public Administration
88
376,684
NULL
14
704
Grand Total
9,319
383,397
Minimum
of
Original
Purchase
1
635
1,250
1
400
107
319
1
1
1
50
49
100
100
1
25
765
1
54
1
75
385
50
340
1
1
Maximum
of Original
Average of
Purchase
Appraised
Price
Value
50,128,371
165,213
3,015,076
236,581
839,390,512 57,161,429
8,668,591
71,745
2,755,878
68,511
56,813,288
737,686
68,685,862
229,743
1,170,538
33,598
5,287,852
81,724
4,450,571
46,415
25,158,532
393,186
627,825
34,608
6,921,579
80,635
9,117,346
44,520
2,606,550
32,185
8,732,712
21,654
2,422
1,526
2,330,990
10,929
1,630,787
77,958
165,096,009
238,074
8,547,991
125,669
4,841,427
69,662
1,653,065
18,985
14,000,000
91,782
9,840
167
839,390,512
302,167
Minimum
of
Maximum of
Appraised Appraised
Value
Value
1 17,987,360
635
1,658,079
742 839,390,512
1
8,668,591
117
2,434,713
55 21,655,024
113 21,071,658
1
822,960
1
2,947,704
1
1,952,007
50 25,158,532
10
216,466
67
3,122,435
100
2,405,377
1
1,297,213
19
2,955,830
765
2,237
1
1,214,545
48
1,467,227
1 93,576,418
55
3,469,719
74
2,045,280
34
1,204,904
121
3,301,200
1
2,320
1 839,390,512
Personal Property Exemptions
Religious
Charitable
Education
Nursing Homes
Leased Equipment
When filing 1st time, indicate “leased”
and from whom.
Equipment bought in a transfer
Break values down, if possible
Do not “lump sum” the assets
Leasehold Improvements –
What’s Included?
Partition Walls (framed with drywall)
Real Property
Built In Furniture (partition cubicles)
Tangible Personal Property
Display Cases
Tangible Personal Property
Cabinetry
Real Property (if attached to wall)
Tangible Personal Property
(if not attached to wall)
Waiver Notice
DOR Audit Findings
2014 In-Depth Audit Results
2013 Non in-Depth Audit Results
Residential Property – Ratio Distribution
Commercial/Industrial Property
Ratio Distribution
Trends
Adult Congregate Living Facility
(ACLF)
Allegro – Indian Street in Stuart
Sold in 2014 - $26,000,000
Grand Oaks – Jensen Beach Blvd.
Newly Constructed 2014
Stuart Lodge - Palm Beach Road
Newly Constructed in 2014
Marina – Working Waterfront
Value of operation as marina
is less than the value as
vacant land.
Exterior Physical Inspections
of Properties
When, why and how
Who is notified:
• Law Enforcement (Sheriff, Police)
• Property Owner’s Associations
• Facebook
My Open Door Policy
Fairly appraise all properties, so you pay only your
required share of taxes.
Treat everyone with courtesy, honesty and respect.
Our public records are always open for inspection and
we will give you the time necessary to explain our
methods and procedures.
The Property Appraiser’s office belongs to the people
of Martin County.
My door is always open for questions, comments and
concerns.