Florida Homestead Exemption

About This Program

Florida's homestead exemption provides up to $50,000 reduction in taxable property value for owner-occupied primary residences. First $25,000 applies to all property taxes; second $25,000 applies to non-school taxes on value between $50,000-$75,000.

Reduces taxable value by up to $50,000, saving approximately $1,000-$1,500 annually

Data last verified 2026-06-09. How we verify our data.

Key Details

• Up to $50,000 property value exemption
• Must be permanent resident of Florida
• Property must be primary residence as of January 1
• Apply by March 1 annually
• Saves approximately $1,000-$1,500 per year

How to Apply

A grant-savvy contractor in Lutz, FL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Apply by March 1 for current tax year