Mexico Beach Residents Ask for help

By: Sabrina Zimring
By: Sabrina Zimring

More than 80 Mexico Beach homeowners met with Rick Barnett Friday morning. They all had one thing in common.

Their assessed home values have skyrocketed and their property tax is through the roof, and the tone seemed to be the same throughout the room.

One woman said her mobile home and small piece of property she purchased for $25,000 several years ago was appraised this year for $200,000.

Another man says his home went up in assessed value by 400 percent. His property taxes jumped from $2,000 last year to $10,000 this year.

The owner of Mexico Beach’s Driftwood Inn says the increased property values are making her reconsider her investment.

Peggy Wood, owner, said, “One of the buildings went from 600,000 to 2 million, 700,000. If I were a business owner I wouldn't come into this area, and as a business I'm considering whether I should stay."

The property appraiser’s office will have special weekend hours this Saturday and next Saturday from 8 to 5 if you have questions on your home’s appraised value.

8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
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