Certain property tax benefits are available to persons age 65 or older in Florida. Eligibility for property tax exemp ons depends on certain requirements.Two Additional Homestead Exemptions for Persons 65 and Older. Florida Department of Revenue. An additional exemption is available if you have lived in your home for 25 years, you are age 65 or older on or before January 1 of the current year. Applicants must file a Form CC-501 – Original Application for Homestead and Related Tax Exemptions, to apply for the homestead exemption on the new homestead. Proof of Florida voter registration (must reflect permanent residence address). There are no income thresholds or age requirements involved. What is a Homestead Exemption? Additional Low-Income Senior Exemption: Filing period is January 1 through March 1 of each year.
