Florida homestead and property taxes, simply explained

If the home is your primary residence, Florida's homestead exemption reduces its taxable value and caps yearly assessment increases.

Second homes and rentals don't receive the homestead exemption, so their tax bill is usually higher — an important line in any investment analysis.

Taxes are reassessed after a sale, so the seller's current bill is not always a good guide. We estimate your future bill before you make an offer, and a tax professional can confirm the details.