What is Homestead Exemption?

• Homeowners who reside in their home permanently and are Florida residents as of January 1 may qualify for Homestead Exemption.
  This exemption can reduce the assessed taxable value on their home as much as $50,000, which is an approximate annual savings of $750.
• In addition, the assessed value used to calculate property taxes cannot increase more than 3% annually after receiving the Homestead Exemption.

The deadline to file for Homestead Exemption is March 1, 2024 .

Who is Eligible to Apply? (may vary by county - please visit county of residence website for full details)

You must meet the following requirements as of January 1st:

• Have legal or beneficial title to the property, recorded in the