This cookie is set by GDPR Cookie Consent plugin. What if Every Floridian had Citizens Insurance? If your property's assessed value is $65,000, you're eligible for a $25,000 tax exemption. Check with your county property appraisal office for a list of these exemptions. Address: 2300 Virginia Ave #107, Fort Pierce, FL 34982 Save Our Homes only limits the bold part of the equation not the final answer. Broward County Property Appraiser - Marty Kiar. You typically apply for portability when you apply for the homestead exemption. Downsizing - if the just/market value of the new homestead is less than the previous home's just/market value, a percentage of the accumulated SOH benefit can be transferred, subject to the $500,000 limit. The Homestead Exemption saves property owners thousands of dollars each year. We also use third-party cookies that help us analyze and understand how you use this website. Name on card. of Revenue. The largest single source of property taxes are school districts. //-->