Palm Beach County Tax Sale Information
Palm Beach County will host its Tax Deed Sale Auction on Wednesday, October 9, 2024, starting at 9:30 AM. The auction will be conducted online at Palm Beach Real Tax Deed Auction. This sale offers a unique opportunity for bidders to purchase properties with delinquent taxes through an organized and competitive bidding process.
Key Auction Details:
Date: October 9, 2024
Location: Online at Palm Beach Real Tax Deed Auction
Time: 9:30 AM
Purpose of the Auction Sale:
The county holds tax deed auctions to satisfy delinquent property taxes. If property owners fail to pay taxes, a tax certificate is sold, which eventually can lead to the sale of the property through a tax deed auction, per Florida Statutes Chapter 197. Buyers at this sale can acquire properties by bidding on the tax deed, which includes all back taxes, penalties, and fees.
Tax Deed Sale Process:
Tax Certificates: These represent unpaid real estate taxes. Once a property has a delinquent ...
Free Access!
Get Access The Tax Lien & Deed Vault Today! (Totally Free)
We would love to speak with you! Feel free to reach out with any questions.
Lien Sales Annually Oct – Nov. Deed Sales Are Held on a Needed Basis and Only on Properties That Were Not Sold at Lien Sale and Were Held by the County for 18 Months
10% Penalty if Redeemed in 1st 6 Months, 15% Penalty if Redeemed in Months 6-12, but Only on the Taxes and Fees Not the Overbid. Overbid Amount Receives 5% Interest.
Redemption Period:
1 Year if Sold at County Sale, Liens Not Sold at County Sale Are Certified to Commissioner and Sold in “Commissioner’s Certificate Sale” With 120 Day Redemption Period
Online Auction:
Yes
Over the Counter:
No but There Is a Second Auction Called a Commissioners Certificate Auction With a Shorter Redemption Period of 120 Days
25% Penalty Per 6 Months for Non Homestead or Special Land Use Properties. If 2 Yr Redemption Period Applies 25% for 1st Year and 50% Penalty for 2nd Year
Redemption Period:
6 Months for Most Properties. 2 Years for Homestead and Special Land Use Properties
Online Auction:
The Vast Majority No, but in 2019, Two Counties (Victoria & Orange)
“Upset Sale” First With Premium Bidding Which Does Not Extinguish Other Liens, Followed by “Judicial Sale” Where All Liens With the Exception of Irs Liens Are Extinguished
Frequency:
Annually Throughout the Year. Upset Sales Typically Held in the Fall. Judicial Sale Typically in the Spring but Could Be Anytime After the Upset Sale.
Interest Rate / Penalty:
N/A
Redemption Period:
N/A
Online Auction:
Very Few
Over the Counter:
Yes Through “Repository” List With County Acceptance
