Show buyers exactly how much they'll save on property taxes with Florida's homestead exemption — a powerful tool for converting fence-sitters.
💡 School district millage is needed because the second $25,000 exemption ($50k–$75k) does not apply to school taxes. Typically 4–6 mills — check your county property appraiser's website.
| Exemption Breakdown | Details |
|---|
Once homestead is in place, Florida law caps assessed value increases at 3% per year or the CPI — whichever is lower. In a rising market, this protection compounds over time and can save owners thousands beyond the base exemption.
📌 Millage rates shown are approximate combined rates for 2024 and may vary. Always verify with your county property appraiser's website. Homestead exemption must be filed by March 1 of the tax year and requires the property to be the owner's primary residence as of January 1.