The Florida Homestead Exemption is a property tax break that’s offered based on your home’s value. Exemptions reduce the assessed value of your property, thereby reducing the amount of property tax you pay.
To qualify for the homestead exemption you must be the owner of the property, the home must be your primary residence, you must have lived at the property on January 1 of the tax year and the property may not have been rented for more than 30 days in a given calendar year.
In the state of Florida, a $25,000 exemption is applied to the first $50,000 of your property’s assessed value if your property is your permanent residence and you owned the property on January 1 of the tax year. This exemption applies to all taxes, including school district taxes. An additional exemption of up to $25,000 will be applied if your property’s assessed value is between at least $50,000 and $75,000.
What Documents Do I Need?
- A Florida driver’s license or state ID
- A Florida vehicle registration number
- A Florida voter’s ID
- Proof of previous residency in a place other than Florida, plus proof that that residency has ended
- The name of your current employer
- A bank statement, plus a mailing address for a checking account
- Proof of payment of utilities at the homestead address
Do I need to reapply for a homestead exemption every year?
No. The Homestead exemption will renew annually as long as you continue to qualify for the exemption.
You must contact the appraiser office if you no longer qualify for the exemption.
Change in Status
– The property is being rented
– The Property is no longer your permanent residence,
- There is a change in ownership due to a sale, marriage, divorce, death.
Failure to notify the appraiser could result in a homestead tax lien with a substantial penalty and interest.
For More Information on the Homestead Exemption Contact the Monroe County Property Appraiser Office.
Monroe County Property Appraiser
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