What is the Florida Homestead Exemption?
The Florida Homestead Exemption offers significant property tax savings for primary residents:
- Reduces the taxable value of your home by up to $50,000
- First $25,000 applies to all property taxes
- Second $25,000 applies only to non-school taxes for homes valued over $50,000
- Must be Florida resident and make the property your permanent residence as of January 1st
- Apply by March 1st deadline in the year after purchase
- Once approved, exemption automatically renews annually
- Additional benefits include a 3% cap on annual assessed value increases (Save Our Homes)
- Not available for investment or vacation properties
New Florida homeowners DONT FORGET TO FILE for your Homestead Exemption, DEADLINE is tomorrow March 1st.
The official websites for Manatee & Sarasota Counties are below, links will bring you directly to the Homestead Exemption Page. Once there you will find out if you qualify and can then electronically file the application.
Manatee County homestead exemption application is:
https://ofa.manateepao.gov/ApplyOnline/WebForm1.aspx
Sarasota County homestead exemption application is:
https://www.sc-pa.com/exemptions/homestead
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