What is the Florida Save Our Homes (SOH) 3% assessment cap?

The SOH amendment limits annual assessment increases on a homesteaded primary residence to 3% or the CPI inflation rate, whichever is lower.

What is Florida Homestead Portability?

Portability allows Florida homeowners to transfer up to $500,000 of accumulated Save Our Homes tax savings from an existing homestead to a new primary residence.

USAFlorida Property Tax & Homestead ExemptionFinanza

Florida Property Tax & $50,000 Homestead Exemption Calculator

Calculate annual Florida county property taxes with the statutory $50,000 Homestead Exemption and the Save Our Homes (SOH) 3% annual assessment cap on primary residences.

Immobili e Proprietà Imposte e Tasse Abitazioni e Residenziale

Parametri di Input

In tempo reale

Home Just / Assessed Market Value ($)

Selezione rapida:

Homestead Primary Residence Status

County Millage Tax Rate (% approx)1.15 %

0.5 %2.5 %

Risultato CalcolatoFlorida Property Tax & Homestead Exemption

Estimated Annual Florida Property Tax

$4,312.5

Monthly Property Tax Escrow Payment

$359.38

Annual Savings from Homestead Exemption

$575

Dettaglio del Calcolo

Assessed Value

$425,000

Homestead Exemption

$50,000

Net Taxable Value

$375,000

Annual Tax

$4,312.5

Metodologia di Calcolo

Taxable Value = Assessed Market Value - Homestead Exemption ($50,000 max for values over $75k). Annual Property Tax = (Taxable Value * Millage Rate) / 1000.

Disclaimer Legale e Informativo

Florida has 0% state personal income tax. Average county property tax rates range from 0.85% to 1.35% of assessed value.

Questo calcolatore è progettato solo a scopo educativo e informativo. I risultati non costituiscono una consulenza finanziaria o legale vincolante.

Domande Frequenti

The first $25,000 applies to all taxing authorities including school districts. The second $25,000 applies to assessed value between $50k and $75k for non-school county/city levies.

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Florida Property Tax & $50,000 Homestead Exemption Calculator

Parametri di Input

Dettaglio del Calcolo

Metodologia di Calcolo

Disclaimer Legale e Informativo

Domande Frequenti

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