Seminole County · Table 5 · 2028 model
People searching “is it worth buying a rental in Oviedo” need tax, millage, and insurance — not a slogan. Below are the cited figures. We do not declare this market a buy.
· · Figures retrieved 2026-10-18
| Type | Additional tax | Percent |
|---|---|---|
| Apartment unit | $1,070 | 29.64% |
| Single-family rental | $2,214 | 29.78% |
Walczak Table 5 · county-level Table 4 is on the Seminole Amendment 3 page.
The county millage sheet prints a Oviedo total of 16.7784 mills(Oviedo total on the Seminole County Property Appraiser Final 2025 Millage Rates sheet). Illustration only: just value of $350,000 × millage ÷ 1,000 = $5,872.44 ad valorem tax, ignoring non-ad valorem assessments.Seminole County Property Appraiser, Final 2025 Millage Rates (FY 2025-26 MillageRateReport).
OIR homeowners-with-wind average for Seminole as of 2025-09-30: $3,527. That is a labeled placeholder, not a Oviedo DP-3 quote.Insurance page.
This site does not rate Oviedo as a buy or a pass. Worth depends on rent, millage, insurance, flood, and HOA on the specific parcel. Walczak Table 5 models $2,214 (29.78%) additional 2028 tax on the average Oviedo single-family rental if millage is raised to replace homestead revenue — an assumption, not a forecast.
No. Homestead is for a permanent resident’s primary home. Source: Pinellas County Property Appraiser Amendment 3 FAQs.
If Oviedo millage is in our files, type 16.7784 into the millage field. Label: Oviedo total on the Seminole County Property Appraiser Final 2025 Millage Rates sheet.