florida homestead portability calculator brevard county

household You may schedule a visit online today. Blake F. Deal III, Esq., is a Jacksonville-based real estate attorney. Property taxes in Florida are implemented in millage rates. The above exemption applies to all property taxes, including those related to your school district. In the Sunshine State, the homestead exemption provides two annual financial benefits: It reduces the home's assessed value of property taxes by $50,000, so a home that is worth $500,000 would be taxed as though it is worth only $450,000. //-->