Mello-Roos
Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Mello-Roos is a special tax used mainly in California to fund infrastructure. It is tied to certain newer developments. It adds to the tax bill.
What Mello-Roos means
It sits on top of regular property taxes. Florida rarely uses it, but similar special assessments exist. Both raise your monthly cost.
Florida example
A home in an affected area pays the extra tax. We flag any special assessment before you buy. That way the cost never surprises you.
What it is
Mello-Roos is a special tax used mainly in California to fund community infrastructure. It is tied to certain newer developments.
It is added on top of regular property taxes.
Why to know it
If you buy in an affected area, the extra tax raises your monthly cost. Florida rarely uses it, but similar special assessments exist.
We flag any special assessment before you buy. Reach out and we will show your true monthly cost.