The deadline to apply for a Florida homestead tax exemption is rapidly approaching. If you moved to a new home within the last year or have recently changed your Florida home to a primary residence, this is a deadline you do not want to miss!
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. An additional exemption of up to $25,000 will be applied if your property’s assessed value is between at least $50,000 and $75,000. This exemption is not applied to school district taxes. If you’ve already applied, the County will send a receipt of the exemption after January 1st of the year.It is important to apply because in 1994 the State of Florida established a 3% Save Our Homes Cap (SOH) assessment limit on all residential properties that receive a homestead exemption. The 3% SOH Cap limits any increase to the assessed value of a homestead exempt property for tax purposes to a maximum of 3% each year or the amount of the change in the Consumer Price Index, whichever is lower.
The Taxable Value for a homestead exempt property is the assessed value minus the amount of the exemption or exemptions granted the property owner.
For more information, please call Exemption Services at 561.355.2866.
When qualifying for the Homestead Exemption, you will need the following documents for all property owners applying:
- Florida Driver’s License or Florida ID if you do not drive
- Florida car registration
- Florida Voter’s ID (if you vote)
- Immigration documents if not a U.S. citizen.
Qualification Information
How do I apply?
You have three options to submit your application:
- E-File
- Complete the application online, click here. Print it out and mail to the Palm Beach County Property Appraiser’s Office, Exemption Services, 1st Floor, 301 N. Olive Ave., West Palm Beach, FL 33401
- Visit one of five service centers to file in person.
Additional Information
Open Houses
1540 S Ocean Blvd
4BR | 4.1BA | 4,956 Total SF | Lot: 19,460 SF
$12M
Oceanfront Billionaire’s Row opportunity with approx. 15,232 SF lot and 3,255 SF beach parcel plus cabana. Build to suit or custom renovate two story bungalow home. Imagine enjoying the morning sunrise from your own slice of Palm Beach where the location can’t be beat, 1 mile from Southern Blvd and 3 miles from Worth Avenue, and privacy is your treasure.
Vicky Reynolds 561.373.3375
Call for more details on any of our listings today!
426 Seaspray Avenue
$5,525,000 New Price
Open Sunday 11a-12:30p
5BR | 4.1BA
Total SF: 5,862
Lot size: 9,760 SF
1920’s Mediterranean
Courtyard home with separate apartment
Crista Ryan
561.313.1327
273 Bahama Lane
$5,350,000 New Price
5BR | 4.1BA
Total SF: 4,820
Lot size: 10,386 SF
North end Bermuda
Complete renovation 2014
+15′ elevation
Crista Ryan
561.313.1327
255 Plantation Road
$3,850,000
4BR | 4.1BA
Total SF: 4,105
Lot size: 10,997
Classic Bermuda
Airy Island-Chic Designs
Best in Tropical Living
Crista Ryan
561.313.1327
10289 SE Banyan Way
$850,000
4BR | 4BA
Total SF: 3,910
Lot size: 18,861
Heritage Oaks, Tequesta
Lakefront
2BR | 2BA Master Suite
Anna Donahue
718.314.0485
550 Okeechobee Blvd, 1601
$810,000
3BR | 2BA
Living SF: 1,709
Total SF: 2,111
Southeast Facing
Sweeping Ocean & Intracoastal views
Anna Donahue
718.314.0485
550 Okeechobee Blvd, 322
$525,000
3BR | 2BA
Living SF: 1,709
Total SF: 2,111
Corner unit
Single-Family Feel
Live Amongst the Palms
Anna Donahue
718.314.0485