finance

Florida Homestead Exemption

A property tax exemption under Article VII, Section 6 of the Florida Constitution for a person who on January 1 holds title and makes the property a permanent residence. The owner applies to the county property appraiser by March 1. The first $25,000 of assessed value is exempt from all levies, including school; an additional exemption applies to assessed value above $50,000 for non-school levies only, now indexed for inflation ($26,411 for 2026). Value between $25,000 and $50,000 receives no exemption.