Understanding Levy County, Florida, Tax Sales

Levy County, Florida, conducts tax sales to recover unpaid property taxes and return properties to the tax rolls. Managed by the Tax Collector’s Office and the Clerk of the Circuit Court & Comptroller, these sales involve two primary methods: tax certificate sales and tax deed sales. Here’s an overview of the process:

Tax Certificate Sales

Annual Auction: The Levy County Tax Collector’s Office conducts an annual tax certificate auction, typically on or before May 31st each year. This sale is conducted online through West Florida Business Systems. A detailed calendar of events, including critical dates and times, is available on the auction website. Check out our Auction Calendar for scheduled auctions. Bidding Process: The auction operates in a reverse bidding format, starting at an 18% interest rate. Bidders compete by accepting lower interest rates, and the certificate is awarded to the bidder willing to accept the lowest rate. Previously registered bidders can log into the system using their prior year’s password, but an electronic W-9 must be submitted annually. Redemption Period: Property owners have a specified period to redeem the certificate by paying the delinquent taxes plus interest. If the certificate is not redeemed within this period, the certificate holder can initiate a tax deed application to foreclose on the property.

Tax Deed Sales

Application Process: After holding a tax certificate for the statutory period, and if the property owner has not redeemed it, the certificate holder can apply for a tax deed through the Tax Collector’s Office. This process requires payment of all applicable fees and costs. Public Auction: Once the application is processed, the property is scheduled for a public auction conducted by the Levy County Clerk of Courts & Comptroller. The auctions begin at 10:00 AM, and the highest bidder buys the property. Opening Bid: The opening bid includes unpaid taxes, interest, administrative fees, and other costs. For homestead properties, the total opening bid also includes one-half of the assessed value.

Important Considerations

Due Diligence: Buyers must conduct thorough research on properties before participating in tax deed sales. Detailed information, including ownership and legal descriptions, is available through the Levy County Clerk of Courts & Comptroller’s website. The Clerk’s Office does not provide legal advice or assist in researching properties. Payment Requirements: Winning bidders must pay a non-refundable deposit equal to 5% of the final bid or $200.00, whichever is greater, at the time of the sale. Payments must be in cash. If the successful bidder does not immediately post the deposit, the bid becomes invalid, and the bidding restarts. As-Is Sale: The seller offers properties “as-is” without warranties about their condition, title, or location. Buyers assume responsibility for resolving any issues related to the property after purchase.

Steps to Participate

Tax Certificate Sales: Register on the auction platform and submit your deposit. Bid on tax certificates and secure liens on delinquent properties. Tax Deed Sales: Hold a tax certificate that remains unredeemed after the statutory period? Apply for a tax deed to foreclose on the property Participate in the public auction for tax-deeded properties.

Useful Links

• Auction Calendar
• Comprehensive Guide to Florida’s Deed Auction Process and Key Requirements
• Discover the intriguing world of Hybrid Auctions
• Discover Tax Deeds and how you can find property for as little as $50! 
• Want to get started with Tax Liens? Watch this video!
• Explore the lucrative world of Florida Tax Liens and Deeds.

Levy County’s tax sale process provides opportunities for investors to earn interest or acquire properties while helping the county recover unpaid taxes. Whether you’re a seasoned investor or a first-time participant, understanding the process and performing due diligence is key to success.

Need Assistance?

Explore our Auction Calendar to stay updated on upcoming tax sales—don’t let these opportunities pass you by! Need assistance or have questions about participating in tax sales? Book a call now to connect with an expert who will guide you through the process. You can also browse our free resources for valuable tips and answers to help you make smart investment decisions.

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