NEW HOMEOWNER INFORMATION

As a new homeowner, it is important to be fully informed about Florida’s property tax laws. We hope you utilize our online tools and review the information below. Please contact our Public Service Department with any questions at 407-665-7506.

We encourage all property owners who qualify to file for homestead exemption. Homestead exemption reduces your taxable value, thereby reducing the amount you pay in property taxes. To learn more about homestead and the additional exemptions you may qualify for, please visit the Exemption section of our website.

There are three easy ways to file:

The deadline to file is March 1, 2024 if you owned your home as of January 1, 2024.

If you purchased your home after January 1, 2024, you may pre-file for the 2025 tax year.

After the first year your home receives homestead, the assessed value for each following year cannot increase more than 3 percent or the percent change in the CPI, whichever is less. This is called the ‘Save Our Homes’ (SOH) assessment limitation. The accumulated difference between your assessed value and your just/market value is referred to as your SOH Adjustment.

When purchasing a new home, it is important to know that Florida law requires the removal of the seller's exemptions and SOH adjustments which could result in an increase in taxes. 


Learn more about Save Our Homes

Please be aware that you could be subject to a substantial increase in the assessed value of your property. Do not rely on current taxes as an estimate.

When a property sells, Florida law requires our office to remove exemptions and SOH adjustments and reassess the property. This goes into effect the year after the property is purchased and means your Just/Market Value would equal your Assessed Value.

Florida Statute 689.261 requires the seller to provide a Property Tax Disclosure Summary to a perspective buyer to inform them that a change in ownership triggers reassessments that can lead to increased property taxes.

We highly encourage you to utilize our online tax estimator to estimate the property taxes on your new home. This can be done directly from your parcel detail or you can access the generic tax estimator.


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