Florida homestead exemption calculator (2026)
Florida's homestead exemption removes up to $51,411 of assessed value in tax year 2026: the first $25,000 applies to all levies including schools, and a second exemption (inflation-adjusted to $26,411 for 2026, a 2.7% CPI increase, under Amendment 5, approved November 5, 2024) applies to assessed value above $50,000 for non-school levies only.
Related rules
- Save Our Homes cap: once a homestead is established, assessed value can rise at most 3% or the CPI change per year, whichever is lower, until ownership changes.
- Portability: the accumulated Save Our Homes benefit (up to $500,000) can move to a new Florida homestead.
- Filing: apply with the county property appraiser by March 1 for the tax year; you must own and occupy the home as your permanent residence on January 1.
Sources: s. 196.031, Florida Statutes; Florida Department of Revenue, 2026 additional homestead exemption adjustment ($26,411); Miami-Dade Property Appraiser, second homestead exemption.