FLORIDA HOMESTEAD PROPERTY TAX EXEMPTION
Due Date is March 1st, 2025
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 Florida Constitution provides this tax-saving exemption on the first and third $25,000 of the assessed value of an owner/occupied residence. While a complicated formula is used to explain this — as the additional $25,000 only applies to the non-schools portion of your tax bill in annual tax savings for all homes with a value of $75,000 or higher. Savings depend upon your city’s millage rate
You are entitled to a Homestead Exemption if, as of January 1st, you have made the property your permanent home or the permanent home of a person who is legally or naturally dependent on you. By law, January 1 of each year is the date on which permanent residence is determined.
Broward County:
For additional information on Homestead and Other Exemptions and what you will need to apply for the exemption click the link below:
Marty Kiar, Broward County Property Appraiser
Other related links for addition assistance:
Property Tax Information for Homestead Exemption
Filing for your Florida Homestead Exemption is a smart step toward protecting your investment and saving on property taxes. As your local real estate expert, I’m always here to help—whether you have questions about exemptions, buying or selling a home, or anything in between. Don’t hesitate to reach out—I’m just a call or message away and always happy to be a resource for you!
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792