Understanding the Florida Homestead Exemption
The Homestead Exemption offers a valuable tax break for Florida residents. Under this law, the first $25,000 of a home’s assessed value is exempt from municipal and county taxes, except for special assessments.
Amendment 10 limits annual assessment increases on most homestead properties to the lesser of the Cost of Living Index or 3%.
Eligibility
To qualify for the Homestead Exemption, you must:
- Hold legal title or a beneficial interest in real property in Florida.
- Reside on the property and, in good faith, make it your permanent residence as of January 1.
- Apply in person and present proof of residence.
- If the property is jointly owned by a husband and wife, either may file the application, but should bring proof of residence for the spouse.
Required Documentation Needed to File for the Homestead Exemption:
- Florida Voter’s Registration
- Florida Driver’s License (valid “in Florida-only” licenses do not qualify)
- Florida Vehicle Registration
- Copy of the Recorded Deed
- Utility Bills
- Social Security Number of all applicants
- Proof of Permanent Residency if you are not a U.S. Citizen
- Declaration of Domicile (if you do not own or drive a vehicle)
- The first five items must be obtained before January 1 of the year you file.
Application Process
New applications for the Homestead Exemption must be made in person at the Property Appraiser’s Office between January 1 and March 1. You may pre-file for the next calendar year from March through December 31.
Office Hours and Location
The Property Appraiser’s Office is open Monday through Friday from 8:30 a.m. to 5:00 p.m. (excluding legal holidays). Be sure to check your county for other convenient locations!
Indian River County Property Appraiser’s Office:
Location: Indian River County Administration Bldg., 1800 27th St., Vero Beach, FL 32960
Phone: (772) 567-8000
Brevard County Property Appraiser’s Office:
Location: 400 South Street, 5th Floor, Titusville, FL 32780
Phone: (321) 264-6700
St. Lucie County Property Appraiser’s Office:
Location: 250 NW Country Club Dr, Port St. Lucie, FL 34986
Phone: (772) 462-1000
Okeechobee County Property Appraiser’s Office:
Location: 409 NW 2nd Ave, Okeechobee, FL 34972
Phone: (863) 763-4422
Take advantage of the Florida Homestead Exemption to reduce your property taxes and protect your investment!