What is Homestead Exemption?
All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify.
The Homestead Exemption is a valuable property tax benefit that can save homeowners up to $50,000 on their taxable value.
- The first $25,000 of this exemption applies to all taxing authorities.
- The second $25,000 excludes School Board taxes and applies to properties with assessed values greater than $50,000.
The Homestead Exemption includes an additional benefit which limits the annual increase of the assessed value to 3% or the Consumer Price Index (CPI), whichever is less. This benefit is called "Save Our Homes Cap (SOH Cap)", and over time may result in savings of thousands of dollars.
Where can I apply?
What may I need to file for Homestead Exemption?
- Property Folio Number
- Driver License
- Social Security Number
- Date of Birth
- Marital Status
- Florida Driver's license Number which reflects the property address
- Florida Automobile Registration which reflects the property address
- Florida Voter Registration Information (U.S. citizen) which reflects the property address
- U.S. Permanent Resident Immigration number (Non U.S. citizen)