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Derek Jeter Hit With Mammoth Tax Bill

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Derek Jeter’s Florida $12 million mansion–nicknamed “St. Jetersburg” by neighbors– was completed a year ago and now, according to the New York Daily News,  he’s facing a property tax bill that would stagger anyone, even someone as wealthy as the Yankee shortstop. And just how much will his 2012 tax bill be for the 7-bedroom, 9-bath waterfront “bungalow”?

 

 The final 2012 tax bill for his digs is $265,671, said a Hillsborough county clerk. “The reason for the change is that in 2011 the property was not complete,” the clerk said. “The tax assessment was based on vacant land.”

via Yankee Derek Jeter’s palatial mansion in Florida has taxes hit out of the park in 2012 after construction is completed – NY Daily News.

That’s about a four fold increase from last years bill of $68,673. Before we start to take a collection to help him pay his taxes keep in mind he recently sold his Trump Tower condo in New York for $15.5 million.

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