Millage Rate
Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.
The millage rate is the property tax rate, expressed in mills ($1 per $1,000 of taxable value), levied by each taxing authority on property in its jurisdiction.
A property's total millage is the sum of the rates of every authority that taxes it.
How It's Set in Florida
Florida taxing authorities adopt millage each year through the process in Chapter 200, Florida Statutes, which includes the Truth in Millage (TRIM) notices sent to property owners and public hearings. Rates differ by county, city, and special district.
Investment Impact
Taxes are typically a large operating expense, so millage directly affects NOI and value. In net leases, tenants may reimburse taxes; check the lease.
A Hypothetical Example
Two similar warehouses in neighboring Florida jurisdictions have different total millage, so their tax bills and NOI differ at the same value. Hypothetical scenario.
From the Desk
Millage is local. Two buildings a mile apart can carry very different tax bills.
Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).
Why Choose Michael R. Linton and Linton Global Solutions for Your Millage Rate Decision?
Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.
Frequently Asked Questions
What is a millage rate?
The property tax rate in mills, per $1,000 of value.
How is total millage determined?
By adding each taxing authority's rate.
How is Florida millage set?
Annually under Chapter 200, with TRIM notices and hearings.
What is a TRIM notice?
A notice of proposed taxes sent to Florida owners.
Do tenants pay property taxes?
Often in net leases, per the lease terms.
Article Summary
The millage rate is the local property tax rate in mills; in Florida it's set annually under Chapter 200 with TRIM notices.
Key Takeaways
- ✓The millage rate is the local property tax rate in mills.
- ✓in Florida it's set annually under Chapter 200 with TRIM notices.
- ✓See the FAQs below.
About Michael R. Linton
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.
Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com
Ready to Talk About Your Millage Rate Deal?
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Schedule a Free ConsultationWorks Cited
- The Florida Legislature. "Chapter 200, Florida Statutes: Determination of Millage." Online Sunshine, http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0200-0299/0200/0200.html. Accessed Oct 9, 2026.
- Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.
Disclosure & Compliance
Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.