Facts You Should Know About Moving To Florida
Florida Homestead Exemption
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.
Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. The homestead exemption and Save Our Homes assessment limitation help thousands of Florida homeowners save money on their property taxes every year. Further benefits are available to property owners with disabilities, senior citizens, veterans and active duty military service members, disabled first responders, and properties with specialized uses. The resources below provide general information on these exemptions and benefits.
Understanding the Homestead Exemption in Florida is just one important step in your transition to a new state.
At Jacobsen Homes, our mission is to make your transition to Florida as easy as possible. We know you have been saving for retirement and it’s finally that time for you to make the big move. From helping you pick out a manufactured home that fits your budget and needs to helping you understand the Homestead Exemption in Florida, Jacobsen Homes is here for you. Schedule a tour with Jacobsen Homes today to see our selection of floor plans.