How much are property taxes on Marco Island, and how do they compare to other Florida areas?

Property taxes on Marco Island are generally comparable to other coastal Southwest Florida communities. Taxes are based on assessed value, millage rates, and exemptions like Homestead. Non-homestead (second home) buyers typically pay full assessed taxes. While not the lowest in Florida, taxes remain reasonable compared to high-cost states and are offset by no state income tax, making Marco Island appealing to second-home owners and investors.