Homestead Exemption is a tax benefit provided in Florida that reduces the assessed value of a property by $25,000 for qualified homeowners. To be eligible, applicants must be legal residents of Florida, possess title to the property, and use it as their permanent residence. The exemption also includes the “Save Our Homes” benefit, which limits increases in the property’s assessed value to 3% or the Consumer Price Index change, whichever is less.
If someone receiving the homestead exemption moves to a new residence, they need to reapply for the exemption on their new property. If they own vacant property adjacent to their homestead, they can combine them for tax purposes to extend the “Save Our Homes” protection to the additional lot(s).
There is an additional $25,000 homestead exemption available for those already receiving the standard homestead exemption. No separate application is necessary for this additional exemption, and it applies to taxable values between $50,000 and $75,000, excluding school district levies.
There is also a 10% cap on assessed value increases for non-homestead properties, such as rental properties, vacation homes, vacant land, or commercial property. This cap applies to all taxing authority millage rates except the School Board millage.
It’s important to note that providing false information to claim the homestead exemption is a misdemeanor offense punishable by imprisonment and fines.
Other exemptions include the Senior Exemption with Limited Income, Widow’s/Widower’s Exemption, Disability Exemption, and Veteran’s Disability Exemption. Each has specific eligibility criteria and application requirements.
To qualify for any exemption, including Homestead, Widow’s, Widower’s, or Disability Exemption, applicants must have legal or equitable title to the property, permanently reside there as of January 1, and provide supporting documentation such as deeds, social security numbers, and proof of residency.
Applications for exemptions can be made online or by mail between January 1 and March 1, with pre-filing available for homestead exemptions. Specific offices and contact information are provided for Charlotte County residents, but individuals outside the county should contact their respective County Property Appraiser’s office.
Abandonment of a homesteaded property due to renting it out for the entire year can result in the loss of the homestead exemption. Mobile homes permanently affixed to land can also qualify for the exemption if they meet certain requirements.
Click here to view more information for Homestead Exemption.
Click here to Apply Online.
Sarasota County Property Appraiser, Terrace Building
2001 Adams Lane, Sarasota, FL 34237
Directions to Sarasota
Monday – Friday, 8:30 AM – 5:00 PM
Email: [email protected]
Phone: 941.861.8200
R.L. Anderson Administration Center
4000 S. Tamiami Trail, Ste 115, Venice, FL 34293
Directions to Venice
Monday – Friday, 8:30 AM – 5:00 PM
Phone: (941) 861-5000
North Port City Hall
4970 City Hall Blvd., Rm. 128a, North Port, FL 34286
Directions to North Port
Monday – Friday, 8:30 AM – 5:00 PM
Phone: (941) 429-7000
Manatee County Property Appraiser’s Office
915 4th Ave. W.
Bradenton, FL 34205
Directions to Manatee
Monday – Friday, 8:30 AM – 5:00 PM
(Excluding Holidays)
Email: [email protected]
Phone: 941.748.8208
Click here to know more about the Exemptions.
Click here to Apply Online.
Click here for Instructions For Filing Personal Exemptions By Mail.
Third Floor
18500 Murdock Circle
Port Charlotte, FL
Phone: 941.743.1593
South County Annex
410 Taylor Street
Punta Gorda, FL
Phone: 941.743.1200
West Charlotte Annex
6868 San Casa Drive
Englewood, FL
Phone: 941.743.1200