Island property values climb by over 5 percent
By CHUCK BALLARO - | Jul 7, 2021
Overall taxable property valuation jumped by more than 5 percent in Pine Island/Matlacha last year.
Estimated at a 3.99 percent increase a month ago, the overall taxable valuation of properties within the Matlacha-Pine Island Fire Control District came in at a 5.15 percent increase, according to numbers released by the Lee County Property Appraisers Office Thursday.
The increases come despite some predictions that the COVID-19 pandemic would negatively impact Southwest Florida property values with Lee County communities seeing an increase nearly across the board. Only properties with the Fort Myers Shores Fire District saw a dip, in that case of 1.03 percent.
Sanibel
Florida
United-states
Fort-myers
Fort-myers-shores
Lee-county
Bonita-springs
Estero
North-fort-myers
Cape-coral
Matlacha
Pine-island