Sarasota County, Florida: business personal property tax return, 2027
Businesses in Sarasota County report the equipment, furniture, computers and other tangible property they owned on January 1, 2027 to the Sarasota County Property Appraiser (county property appraiser) on DR-405. The return is due April 1, 2027, or May 3, 2027 with an extension. The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
Sarasota County Property Appraiser does not publish its own depreciation table; the Florida statewide guideline table is applied. The appraiser may use a county-specific table.
Who files
Any business with tangible personal property at a Sarasota County location on January 1.
Furniture and fixtures, kitchen and other machinery, computers and point-of-sale systems, signage, leasehold improvements that are trade fixtures, supplies are reported at original cost by year acquired; the appraiser depreciates them on the schedule below. Inventory held for sale, licensed vehicles and intangibles are not reported in Florida.
The exemption applies per location, so a company with three sites in Sarasota County files three returns and gets three exemptions.
Deadlines and extensions
- Assessment date
- January 1, 2027
- DR-405 due
- April 1, 2027
- Extension
- To May 3, 2027. Online extension request at https://www.sarasotapropertyappraiser.gov/tppextension/extension.aspx; requests must be received by March 31 and include the account number for existing accounts (policy: https://www.sarasotapropertyappraiser.gov/appraisal-info/tangible-personal-property/filing-extension-policy/). 30 days under F.S. 193.063.
- Notice of value
- August
- Protest deadline
- TRIM notice mailed in August; VAB petition due on or before the 25th day after the TRIM mailing (F.S. 194.011(3)(d)). County TRIM page https://www.sarasotapropertyappraiser.gov/our-office/trim-notice/; VAB petitions https://www.sarasotapropertyappraiser.gov/our-office/trim-notice/value-adjustment-board-petitions/. (County Value Adjustment Board (petition filed with the Clerk of the VAB; special magistrates hear TPP petitions))
- Bills
- November 1 (taxes are due and payable November 1, or as soon thereafter as the certified tax roll is received by the tax collector — F.S. 197.333). Due: Delinquent April 1 following the year of assessment (or 60 days after mailing of the original tax notice, whichever is later) — F.S. 197.333. Early-payment discounts under F.S. 197.162: 4% within 30 days after the tax notice is sent (November), 3% in December, 2% in January, 1% in February, 0% in March.
Exemption
The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
- Statute
- Fla. Stat. § 196.183
- In force
- Tax years 2008–present
- Under the threshold
- An initial DR-405 must be filed to claim the exemption (the return is the application). In later years the annual return is waived while the value listed on the return stays at or below $25,000; a return is required again in any year the value exceeds $25,000, and the waiver can be regained only by filing a return showing value at or below $25,000. By February 1 the property appraiser mails a notice (optional form DR-405W) to waived taxpayers reminding them a return is required if value exceeds the exemption.
- As stated by the county
- $25,000 — The DR-405 serves as the application for the exemption of up to $25,000; late returns lose the exemption.
Depreciation schedule
Sarasota County Property Appraiser does not publish its own table; the Florida Department of Revenue guideline table is applied by default, and the appraiser may use a county-specific one.
| Class | Life | Percent good, years 1 → 6 |
|---|---|---|
| 4-year economic life | 4 yr | 83% · 65% · 43% · 24% · 18% |
| 5-year economic life | 5 yr | 85% · 69% · 52% · 34% · 23% · 18% |
| 6-year economic life | 6 yr | 87% · 73% · 57% · 41% · 30% · 23% |
| 7-year economic life | 7 yr | 89% · 76% · 62% · 48% · 37% · 28% |
| 8-year economic life | 8 yr | 90% · 79% · 67% · 54% · 43% · 33% |
| 9-year economic life | 9 yr | 91% · 82% · 72% · 61% · 51% · 41% |
| 10-year economic life | 10 yr | 92% · 84% · 76% · 67% · 58% · 49% |
| 11-year economic life | 11 yr | 93% · 86% · 78% · 70% · 62% · 54% |
| 12-year economic life | 12 yr | 94% · 87% · 80% · 73% · 66% · 58% |
| 13-year economic life | 13 yr | 94% · 88% · 82% · 75% · 69% · 62% |
| 14-year economic life | 14 yr | 95% · 89% · 84% · 77% · 71% · 65% |
| 15-year economic life | 15 yr | 95% · 90% · 85% · 79% · 73% · 68% |
| 16-year economic life | 16 yr | 96% · 91% · 86% · 81% · 75% · 71% |
| 17-year economic life | 17 yr | 96% · 91% · 87% · 82% · 77% · 73% |
| 18-year economic life | 18 yr | 96% · 92% · 88% · 83% · 79% · 75% |
| 19-year economic life | 19 yr | 97% · 93% · 89% · 85% · 81% · 77% |
| 20-year economic life | 20 yr | 97% · 93% · 90% · 86% · 82% · 78% |
| 25-year economic life | 25 yr | 98% · 95% · 93% · 90% · 87% · 84% |
| 30-year economic life | 30 yr | 98% · 97% · 95% · 93% · 91% · 89% |
Source: leepa.org/webforms/tangible/Untrended%20Depreciation.pdf
County does not publish its own percent-good table in a readable form; DOR Standard Measures of Value (Rule 12D-51.002) table applied.
The appraiser may apply a county-specific table — and Sarasota in fact DOES publish '2026 Index and Depreciation Schedules', but only as an Excel workbook (www.sarasotapropertyappraiser.gov/media/btyjpnvr/2026tables.xlsx; tables are finalized each July and may change before then). The TPP page states the method: Just Value = Original Installed Cost x Index Factor x Depreciation Percent Good.
Our tooling could not parse the .xlsx on 2026-11-02, so the state guideline is inherited as a placeholder.
How to file
Online through File DR-405 Tax Return Online, or by mail.
- Online
- File DR-405 Tax Return Online
- By mail
- Sarasota County Property Appraiser, ATTN: TPP Department, 2001 Adams Lane, Sarasota, FL 34237-7090
- Form
- DR-405 — Tangible Personal Property Tax Return (rev. R. 01/18 (Rule 12D-16.002, F.A.C.))
Online filing requires the account number and the password mailed each January; paper returns may be mailed to the TPP Department or hand-delivered to any office. No TPP e-mail is published (contact form only). Phone 941-861-8200, fax 941-861-8260. Returns must be signed and dated (unsigned returns are mailed back). Office name on its site: 'Bill Furst, Sarasota County Property Appraiser'.
Penalties
- Late return: 5% of the tax for each month (or part) it is late, capped at 25%.
- No return filed: 25% of the tax.
- Property omitted from a return: 15% of the tax on the omitted property.
- Fraud or intent to evade: 50% of the tax.
F.S. 193.072: 5%/month late (cap 25%), 25% failure to file, 15% unreported property.
Estimated tax
For a typical in-city location, about 1.5% of assessed value.
Sarasota County Tax Collector '2025 Ad Valorem Taxes and Non-Ad Valorem Assessments' (tax roll 2025, certified 10/03/2025): City of Sarasota (T02) = printed county-wide subtotal 11.4737 (county general 3.2273 + mosquito control 0.0520 + hospital district 1.0420 + WCIND 0.0394 + SWFWMD 0.1831 + bonds debt 0.0667 + Legacy Trail debt 0.0382 + school state 2.8470 + school local 3.2480 + EMS 0.7300) + printed 'TOTAL CITY OF SARASOTA' 3.4078 (general fund 3.2730 + voted debt 0.1348 + parks 0.0000) = 14.8815 mills (sum of two printed subtotals; the document prints no combined total).
Downtown Improvement District parcels add 2.0000.
Questions
DR-405 is due to Sarasota County Property Appraiser by April 1, 2027. A 30-day extension to May 3, 2027 is available: Online extension request at https://www.sarasotapropertyappraiser.gov/tppextension/extension.aspx; requests must be received by March 31 and include the account number for existing accounts (policy: https://www.sarasotapropertyappraiser.gov/appraisal-info/tangible-personal-property/filing-extension-policy/). 30 days under F.S. 193.063.
The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
Online through File DR-405 Tax Return Online, or by mail. Portal: https://www.sarasotapropertyappraiser.gov/dr405/. Mailing address: Sarasota County Property Appraiser, ATTN: TPP Department, 2001 Adams Lane, Sarasota, FL 34237-7090.
Late return: 5% of the tax for each month (or part) it is late, capped at 25%. No return filed: 25% of the tax. Property omitted from a return: 15% of the tax on the omitted property. Fraud or intent to evade: 50% of the tax.
For a typical in-city location the combined 2025 rate of overlapping taxing units is $1.49 per $100 of assessed value, so about 1.5% of assessed value. Your exact rate depends on the city, school district and special districts at the address.
Sources
Every figure above is taken from one of these documents; the date is when Rendition last read it.
- 01Sarasota County Property Appraiser — business personal property filing pagesarasotapropertyappraiser.gov/appraisal-info/tangible-personal-property/read 2026-11-02
- 02File DR-405 Tax Return Onlinesarasotapropertyappraiser.gov/dr405/
- 03DR-405 — Tangible Personal Property Tax Returnfloridarevenue.com/property/Documents/dr405.pdfread 2026-11-02
- 04Exemption rule — Fla. Stat. § 196.183flsenate.gov/Laws/Statutes/2024/196.183read 2026-11-02
- 05Florida statewide depreciation tableleepa.org/webforms/tangible/Untrended%20Depreciation.pdfread 2026-11-02
- 06Adopted tax rates used for the estimatesarasotataxcollector.gov/docs/2025Millageread 2026-11-02
- 07Penalty statutem.flsenate.gov/Statutes/193.072read 2026-11-02
- 08Notice of value and protest deadlinem.flsenate.gov/statutes/194.011
- 09Tax bill due datem.flsenate.gov/Statutes/197.333read 2026-11-02
- 10Sarasota County Property Appraiser websitesarasotapropertyappraiser.gov
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