The Volusia County Property Appraiser’s Office has released its preliminary estimates for 2025 taxable values, showing a nearly 10.1% increase in property values across properties in Daytona Beach.
What Is Taxable Value?
Taxable value is the portion of a property's assessed value that is subject to property taxes. After exemptions such as homestead or disability exemptions are applied, the remaining value, called the taxable value, is used by local governments to calculate property tax bills.
Citywide and CRA Trends
According to the Property Appraiser’s early estimates, Daytona Beach’s citywide taxable value is projected to grow from approximately $9.48 billion in 2024 to $10.44 billion in 2025, marking an increase of over $954 million or 10.07%. According to the report, the value of new construction was $547.8 million, up more than 43% from last year. Daytona Beach includes five Community Redevelopment Areas (CRAs), which are specially designated districts where incremental tax revenue is reinvested locally to encourage revitalization, economic development and infrastructure improvements.
The 2025 preliminary taxable values:
| 2024 | 2025 | Dollar Change | Percentage | |
| Citywide | 9,484,936,683 | 10,439,799,262 | 954,842,579 | 10.07% |
CRAs:
| 2024 | 2025 | Dollar Change | Percentage | |
| Ballough | 33,998,751 | 35,146,289 | 1,147,538 | 3.4% |
| Downtown | 264,196,827 | 284,252,009 | 20,055,182 | 7.6% |
| Main Street | 618,992,192 | 654,071,818 | 35,079,626 | 5.7% |
| Midtown | 167,542,469 | 179,727,947 | 12,185,478 | 7.2% |
| S. Atlantic | 108,375,295 | 104,146,644 | -4,228,651 | -3.9% |
Four of the five CRAs—Ballough Road, Downtown, Main Street and Midtown—experienced increases ranging from 3.4% to 7.6%. The South Atlantic CRA was the only area to show a decline, with a 3.9% drop in taxable value.
What’s Next?
These numbers are preliminary and will be further refined before the certified taxable values are released by July 1. The City of Daytona Beach and its CRAs use these figures to guide budgeting, capital improvements and long-term planning efforts. The City Commission will set the proposed millage rate at a public meeting next month.