Close Menu
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
  • Florida Real Estate Market
  • Florida News by Region
    • Miami Dade Florida
    • Broward County Florida
    • Palm County Florida
    • Hillsborough County Florida
  • Rent In Florida
  • Investment Realty
  • Luxury Real Estate
  • Real Estate
What's Hot

Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

February 14, 2026

From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

February 14, 2026

One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

February 14, 2026
Facebook X (Twitter) Instagram
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Subscribe
  • Florida Real Estate Market

    Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

    February 14, 2026

    From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

    February 14, 2026

    One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    Hillsborough County Navigates Property Tax Disputes and Affordable Housing Challenges

    February 14, 2026

    One Brickell Riverfront’s Twin Towers Reach New Heights Ahead of Schedule

    February 14, 2026
  • Florida News by Region
    1. Miami Dade Florida
    2. Broward County Florida
    3. Palm County Florida
    4. Hillsborough County Florida
    5. View All

    One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    One Brickell Riverfront’s Twin Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    South Florida Real Estate Poised for Growth: Developers Bet on Urban Core and Logistics

    February 14, 2026

    South Florida Real Estate Attracts $4.4 Billion in Foreign Investment in 2025

    February 13, 2026

    Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

    February 14, 2026

    From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

    February 14, 2026

    Zuckerberg’s $150M Florida Mansion Purchase Fuels Tax Debate and ‘California Toast’ Speculation

    February 14, 2026

    A Glimpse Inside The Ritz-Carlton Residences Fort Lauderdale Beach: Luxury Redefined

    February 13, 2026

    Palm Beach Gardens Office Building Sells for $16 Million

    February 13, 2026

    Sean Hannity Lists Lavish Ocean-to-Intracoastal Manalapan Estate for $44.9 Million

    February 13, 2026

    Oracle Billionaire Larry Ellison Invests $450 Million in Florida Town Near Mar-a-Lago

    February 13, 2026

    Arbor House Secures $77.5 Million in Construction Financing for Palm Beach Gardens Luxury Apartments

    February 11, 2026

    Hillsborough County Navigates Property Tax Disputes and Affordable Housing Challenges

    February 14, 2026

    Tampa Real Estate Firm Faces Investigation Over Alleged Deceptive Investment Schemes

    February 14, 2026

    Tampa Bay Housing Market Cools: Buyers Gain Ground Amidst Rising Costs and Foreclosure Concerns

    February 12, 2026

    A Piece of Coaching History: Bobby Bowden’s Estate Goes to Auction

    February 11, 2026

    Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

    February 14, 2026

    From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

    February 14, 2026

    One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    Hillsborough County Navigates Property Tax Disputes and Affordable Housing Challenges

    February 14, 2026
  • Rent In Florida

    Jacksonville’s Turnkey Rental Market Booms, Offering Investors Lucrative Opportunities

    February 12, 2026

    Seventeen Gables Condominium Secures $60 Million Construction Loan

    February 11, 2026

    A Piece of Coaching History: Bobby Bowden’s Estate Goes to Auction

    February 11, 2026

    Landlord Ignoring Damp Wall? Expert Advice for Renters

    February 11, 2026

    Berkshire Hathaway HomeServices Florida Network Realty Surpasses $1.6 Billion in Sales

    February 10, 2026
  • Investment Realty

    Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

    February 14, 2026

    Tampa Real Estate Firm Faces Investigation Over Alleged Deceptive Investment Schemes

    February 14, 2026

    South Florida Real Estate Poised for Growth: Developers Bet on Urban Core and Logistics

    February 14, 2026

    Palm Beach Gardens Office Building Sells for $16 Million

    February 13, 2026

    Sean Hannity Lists Lavish Ocean-to-Intracoastal Manalapan Estate for $44.9 Million

    February 13, 2026
  • Luxury Real Estate

    From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

    February 14, 2026

    One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    One Brickell Riverfront’s Twin Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    Zuckerberg’s $150M Florida Mansion Purchase Fuels Tax Debate and ‘California Toast’ Speculation

    February 14, 2026

    Larry Ellison’s $450 Million Florida Real Estate Play Attracts the Ultra-Wealthy

    February 13, 2026
  • Real Estate

    Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

    February 14, 2026

    From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

    February 14, 2026

    One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

    February 14, 2026

    Hillsborough County Navigates Property Tax Disputes and Affordable Housing Challenges

    February 14, 2026

    One Brickell Riverfront’s Twin Towers Reach New Heights Ahead of Schedule

    February 14, 2026
Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Florida Real Estate Market

Hillsborough County Navigates Property Tax Disputes and Affordable Housing Challenges

February 14, 2026
Property tax disputes and affordable housing in Hillsborough County.
Share
Facebook Twitter LinkedIn Pinterest Email

Hillsborough County is currently grappling with a series of complex legal and financial issues, primarily centered around property taxes and real estate. Recent court rulings have addressed tax exemptions for aviation authority properties and a shipyard, while a separate case involves a real estate company accused of deceptive practices. Concurrently, county commissioners have made a significant decision regarding affordable housing funding.

Key Takeaways

  • The Hillsborough County Aviation Authority has secured a significant legal victory regarding property tax exemptions for its tenant businesses.
  • A separate ruling determined that a shipyard operating on port authority property is subject to property taxes.
  • A Florida judge ruled against MV Realty, a real estate company accused of deceptive homeowner agreements.
  • Hillsborough County commissioners have voted to repeal funding for the HOPE Affordable Housing Act.

Aviation Authority Secures Tax Exemption Victory

The Hillsborough County Aviation Authority has won a crucial appellate court ruling in its protracted legal battle with the Hillsborough County Property Appraiser over Florida ad valorem tax exemptions. The 2nd District Court of Appeal reversed a lower court’s decision, affirming that properties leased to businesses supporting airport functions, such as fixed-base operations, aircraft maintenance, and fueling, are indeed exempt from taxation. This ruling protects numerous tenant businesses that provide essential services to the region’s aviation industry and contribute to economic growth. The Property Appraiser has the option to appeal to the Florida Supreme Court.

Shipyard Property Subject to Taxation

In a related but distinct case, a state appeals court ruled that a shipyard operating on property owned by the Tampa Port Authority should be subject to property taxes. While government property is generally tax-exempt, the court found that Gulf Marine Repair Corp., a for-profit firm leasing the port property, does not fulfill a "governmental-governmental function." Therefore, its use of the property does not qualify for a tax exemption.

Judge Rules Against Deceptive Real Estate Practices

A Hillsborough County judge has ruled against MV Realty, a Florida-based real estate company, in a lawsuit brought by the Florida Office of the Attorney General. The judge declared MV Realty’s 40-year "Homeowner Benefit Agreements" unconscionable, finding that the company engaged in deceptive practices. These agreements, which provided homeowners with a small cash sum in exchange for exclusive listing rights for four decades, were found to have preyed on homeowners by downplaying or omitting crucial terms, including a three percent early termination fee based on the home’s value. The attorney general’s office is seeking restitution for affected homeowners and the removal of these agreements from public records.

Affordable Housing Funding Repealed

Hillsborough County commissioners have voted to repeal the HOPE Affordable Housing Act, effectively ceasing millions of dollars in annual funding for the program. The act, established in 2019, had previously provided $10 million annually, though funding was reduced to $2 million in recent years. Supporters of the repeal argue the funds are needed for other county projects, while critics contend the decision will negatively impact vulnerable residents and exacerbate the affordable housing crisis. Commissioners noted significant investments in affordable housing are planned through other avenues.

[link-whisper-related-posts]

Sources

  • Court settles Hillsborough County seaport and airport tax disputes, WUSF.
  • Aviation Authority wins appellate court ruling in tax lawsuit with Hillsborough property appraiser, Tampa International Airport.
  • Florida Supreme Court will hear arguments over whether Hillsborough County Aviation Authority properties
    should be tax-exempt
    , WMNF 88.5 FM.
  • Hillsborough County judge rules against MV Realty, wtsp.com.
  • Hillsborough commissioners vote to stop providing millions in funding for affordable housing program, FOX 13 Tampa Bay.

Related Posts

Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

February 14, 2026

From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

February 14, 2026

One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

February 14, 2026

One Brickell Riverfront’s Twin Towers Reach New Heights Ahead of Schedule

February 14, 2026
Florida Real Estate Newsletter

Headlines delivered weekly


Top Picks

Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

February 14, 2026

Houzeo Enhances Home Buying Experience with New ‘Collections’ Feature in Florida

September 1, 2025

Orion Real Estate Group Sells Jupiter Shopping Center for $52.8 Million

September 1, 2025

Real Estate Visionary Rodolfo A. Rios Unveils Essential Guide for Developers in Miami

September 1, 2025
Latest Posts

Trinity Investments Relocates Headquarters to Florida Amidst Hawaii Portfolio Adjustments

February 14, 2026

From Gridiron Glory to Florida Luxury: Rex Grossman Sells Waterfront Estate Amid Billionaire Real Estate Boom

February 14, 2026

One Brickell Riverfront Towers Reach New Heights Ahead of Schedule

February 14, 2026
© 2026 Florida Real Estate Wire. All Rights Reserved.
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer

Type above and press Enter to search. Press Esc to cancel.