Permanent Florida residency required on January 1. Physical Address – Write in the physical address of the property that you are applying for homestead exemption on. 4.All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify. What is Homestead Exemption? If you own your home, reside there permanently and are a Florida resident as of January 1, you may qualify for homestead exemption. Proof of Florida voter registration (must reflect permanent residence address). You may file anytime during the year, but before the state's deadline of March 1 for the tax year in which you wish to qualify. Proof of ownership of your property in the form of a copy of a tax bill or your deed. There are a number of state (F. S. 196.031) and local laws providing exemptions that can result in a lower taxable value on certain properties.