Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Permanent Florida residency required on January 1.We are unable to accept online filings. 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. File this form and all supporting documentation with the appraisal district office in each county in which the property is located generally between Jan.