How does homestead exemption portability work in Florida?
Homestead assessment difference transfer (“portability”) allows eligible Florida homestead owners to transfer their Save Our Homes (SOH) assessment limitation from their old homestead to a new homestead, lowering the assessed value for the new homestead.
What is the Save Our Homes cap in Florida?
Under Florida Law, properties are allowed a limit on the amount the assessed value may increase each year, known as the homestead Save Our Homes (SOH) 3% cap and the non-homestead 10% cap. Overtime, these caps can reduce the amount of property taxes paid as they are calculated on assessed value.
What is SOH portability amount?
No. Florida’s Save Our Homes (SOH) provision allows you to transfer all or a significant portion of your tax benefit, up to $500,000, from a Florida home with a homestead exemption to a new home within the state of Florida that qualifies for a homestead exemption.
Who is property appraiser for Miami-Dade County?
Miami-Dade County Property Appraiser Pedro J. Garcia is saddened by the events surrounding the collapse of the Champlain Towers South in Surfside. Our hearts and prayers are with the families and those affected by this tragedy, as well as the brave men and women risking their lives in the ongoing search efforts.
Is the Office of the property appraiser website updated?
If you have any questions, the Property Search Helppage has valuable information that may answer your questions. The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most current information on record.
When does the Florida real estate appraiser recertify?
In accordance with Section 193.122, Florida Statutes, Public Notice is hereby given that the Property Appraiser has recertified the 2020 Real and Tangible Personal Property Assessment Rolls at the close of business day on June 29th, 2021.
When does the property appraiser certify the tax rolls?
The Property Appraiser, being satisfied that all property is properly taxed, certified the tax rolls on October 13th, 2020.