Israel Chen

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The Florida Tax Deed Auction Process on Sale Day

By Israel Chen ·

Short answer: On sale day each parcel opens at the amount needed to cover taxes, interest and costs, and goes to the highest bidder. Online you bid from a funded account; in person you arrive early with your deposit. Either way, full payment is due within 24 hours.

Online sales

Live sales

If nobody bids

The certificate holder may take the property, or it may go on the lands available list. If a winner fails to pay, the clerk cancels the bids and re-advertises the sale.

Questions

What is the opening bid at a Florida tax deed sale?

The amount needed to cover the outstanding taxes, interest and the costs of the sale.

Sources

Israel Chen buys Florida tax deeds, mostly in Volusia County. MBA, second-year law student (not a lawyer) and computer scientist. About me.

Next: the Florida guide, the Volusia guide, the glossary, or work with me. Not legal, tax or investment advice.