Property values on Sanibel and Captiva are on the rise once again, according to the 2025 preliminary tax roll values released on July 1 by the Lee County Property Appraiser’s Office. Both islands saw notable increases over earlier estimates, impacting municipalities, fire districts, and overall county figures.
Highlights at a Glance
City of Sanibel
-
Taxable Value:
Increased 20.20%, from $4.69B to $5.63B -
Assessed Value:
Rose 19.11%, now at $5.98B -
Just (Market) Value:
Up 17.45%, reaching $7.12B -
Taxable New Construction:
Jumped from $23.34M to $34.43M -
Just New Construction:
Rose dramatically from $431.61M to $971.74M
Captiva (Unincorporated Lee County)
-
Taxable Value:
Increased 8.17%, from $138.13B to $149.41B -
Assessed Value:
Rose 7.96%, now at $172.25B -
Just Value:
Slight uptick of 0.24%, now at $219.99B -
Taxable New Construction:
Increased from $4.59B to $5.23B -
Just New Construction:
Decreased from $9.41B to $7.27B -
School Taxable Value:
Up 4.19%, now at $169.13B
Fire District Valuations Also Rise
-
Sanibel Fire & Rescue District:
Up 20.19% to $5.64B -
Captiva Island Fire Control District:
Rose 10.31% to $1.73B -
Upper Captiva Fire District:
Increased 4.06% to $336.38M
What’s Next?
Lee County Property Appraiser Matt Caldwell noted that the release of these values officially kicks off the budget process for local taxing authorities. They can now begin setting proposed ad valorem tax rates, which will be reviewed in public hearings over the coming months.
Residents can expect to receive their Notices of Proposed Property Taxes (TRIM Notices) by mid-August, with final figures to be submitted to Tallahassee for state approval.
Questions?
For more information, contact:
trim@leepa.org
239-533-6100
Or visit the official Lee County Property Appraiser site: leepa.org
