In its post-storm floodplain guidance, Manatee County treats a building as substantially damaged when restoring it would cost 50% or more of its market value before the damage. It adds a repeat-flood test: flood damage on two separate occasions within ten years, with repairs averaging at least 25% of market value, also counts. Market value is the structure’s tax-assessed value without the land, unless the owner submits a private appraisal certified within the past 12 months, and planned improvements are added up over a one-year period. Where the county is the permitting office, storm-related repairs must be permitted through it.
Manatee County was declared for FEMA individual assistance after Hurricanes Irma in 2017, Ian in 2022, and Helene and Milton in 2024. If the county has found your home substantially damaged, we can still buy it, and meeting the rule becomes our cost. This is general information, not legal advice.