Florida Homestead Exemption Explained

by Tim Hart | Feb 14, 2022 11:25:57 AM

How To Apply For Florida Homestead Exemption

One of the benefits to having a primary residence in Lee County is that you can apply for tax break called Homestead Exemption.

You will want to apply for this ASAP. This must be done by March 1st. DO NOT WAIT!

The Homestead Exemption will give you $50,000 off the assessed value of your house.

This is a huge savings that you need to take advantage of it.

You can watch the full video HERE

Homestead Exemption Play Button

Here is a video where I explain Homestead Exemption: https://youtu.be/aZlD8W-9elw

There are other exemptions as well, and I advise you to review the Lee County Property Appraisers website to see if you qualify for any.

Click here for all the Lee County Homestead Exemption information: http://www.leepa.org/Exemption/GeneralExemptionInfo.aspx

You can apply for Homestead Exemption online as well: https://leepa.org/Membership/LoginForm.aspx?ReturnUrl=%2fMembership%2fActions%2fHomesteadOnline%2fDefault.aspx

If you previously owned a house that was Homesteaded then you will want to take advantage of the Homestead Portability of your previous house. This will be more savings to you. Here is that link: https://leepa.org/Membership/LoginForm.aspx?ReturnUrl=%2fMembership%2fActions%2fPortability%2fDefault.aspx

As always, let us know if you or anyone you know needs any help with their mortgage or local referrals. We are here to serve.

Have a rate day!

Born and raised in Southwest Florida, I have been in the Mortgage business since 2001 I'm a grizzly, battle tested mortgage veteran. I am also the Host of Rates & Reels, which is the most popular fishing show in Southwest Florida, hosted by a guy named Tim. In my spare time I love spending time with my family, coaching baseball, and anything else my kids or wife want me to do. I would be happy to help you or someone you know with any of your Mortgage needs.

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