How Alachua County, Florida, Conducts Tax Sales

Alachua County, Florida, offers unique opportunities for property investors through tax sales. These sales are designed to recover unpaid property taxes, providing an avenue for investors to purchase liens or properties while helping the county secure tax revenue. Here’s how the process works and what you need to know.

Understanding the Tax Sale Process

When property owners fail to pay their taxes by March 31, the county takes action. The process begins with Tax Certificate Sales and progresses to Tax Deed Sales if taxes remain unpaid for an extended period.

Tax Certificate Sales:

These occur annually, typically by June 1, and are conducted as auctions where investors bid on the interest rates starting at 18%. Check out our Auction Calendar for scheduled auctions.

The winning bidder essentially pays the delinquent taxes on behalf of the property owner, creating a lien on the property.

Property owners must pay back the delinquent taxes plus interest to satisfy the lien and avoid further action.

If a certificate remains unredeemed for two years, the holder can apply for a tax deed to initiate the sale of the property.

Tax Deed Sales:

When a tax deed application is filed, the Clerk of Court schedules an online auction through RealTDM. Check out our Auction Calendar for scheduled auctions.

The property is sold to the highest bidder, starting with an opening bid that covers unpaid taxes, fees, and related costs.

Winning bidders must pay the remaining balance, including additional fees, within 24 hours of the sale.

What You Need to Know Before Participating

1. Due Diligence is Critical:
   
   Tax deed properties are sold “As Is,” with no warranties regarding condition, title, or zoning. Prospective bidders should research the property’s value, liens, and legal standing thoroughly before placing a bid.
2. Deposit Requirements:
   
   Participants must submit a deposit of $200 or 5% of the bid amount, whichever is greater, before the sale. Payment methods include cash, cashier’s check, wire transfer, or certified check.
3. Surplus Funds:
   
   If the property sells for more than the outstanding taxes and costs, surplus funds may be available to the former owner or others with a legal interest in the property. Reach out to the county’s surplus funds department for more details.

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

Need A Hand?

Stay ahead by reviewing the Auction Calendar to see upcoming auctions. Don’t miss your chance to participate in Alachua County’s tax sales and explore lucrative investment opportunities. If you’re new to the process or need tailored advice, book a call today to connect with an expert who can guide you through the steps and help you make informed decisions. Also, take advantage of the free resources available online to answer your questions and sharpen your investment strategies.

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