The timely filing period for Homestead Exemption for 2025 is March 2, 2024 through March 3, 2025. The Florida homestead exemption is a property tax break that's offered based on your home's assessed value and provides exemptions within a certain value limit.The homestead exemption and Save Our Homes assessment limitation help thousands of Florida homeowners save money on their property taxes every year. A proposed state constitutional amendment would increase Florida's homestead exemption for property taxes. Broward County Property Appraiser deals with the appraisal of all property, assigns municipal taxable values and grants Homestead Exemptions. Net or at the Broward County Property Appraiser office (BCPA) located at 115 South Andrews Avenue. Arizona law does not recognize federal property exemptions, but establishes exemptions specific to Arizona residents. The homestead exemption reduces the taxable value of a property.