Florida Homestead Exemption

What the official rule provides, what it may save, and where to file—without assuming you qualify.

Benefit at a glance

$25,000 taxable-value reduction

Eligibility: The property must be the applicant's permanent residence and the applicant must meet Florida ownership and residency requirements.

Deadline: The standard filing deadline is March 1 through the county property appraiser.

Open official application form DR-501

Illustrative dollar impact if you qualify

Using a $276,000 reference value and the Florida launch counties' average effective rate of 0.7%:

$175/yr estimated savings from the modeled portion

Simple exemption impact
Tax before modeled exemption$1,932/yr
Tax after modeled exemption$1,757/yr
Taxable value after exemption$251,000

Medium confidence The exemption amount is official; the savings are an estimate because actual assessed value and levy composition vary.

Important limits

TrueCarry never automatically applies an exemption to county estimates. Confirm eligibility, filing status, assessed value, and local tax treatment with the official agency or county office.

Source, freshness & method

Confidence: Medium. Assumes you qualify for the listed exemptions; eligibility must be verified.

Rule reviewed as of 2026-06-21.

Source: Florida Department of Revenue, Homestead Exemption.

Read the property-tax and exemption methodology

Tax disclaimer: Estimate for budgeting only — not a tax bill and not legal or tax advice. Verify with the county assessor and a licensed professional before making financial decisions.

Estimate your county cost

Choose a Florida county calculator. The county page does not subtract this benefit unless you do so explicitly.