Homestead Exemption Requirements. Permanent Florida residency required on January 1.The deadline for filing for exemptions is March 1st. Exemption forms are available from the Miami-Dade County Property Appraiser's Office. 9. You are in the process of filing a petition with the Value Adjustment Board (the "VAB") to request a tax exemption or property classification for 2018. This. If, as a new owner, you want to receive a Homestead Exemption in Miami-Dade or Broward County, you must apply before March 1st of the following tax year. 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. For homeowners in MiamiDade County, the Homestead Exemption is a gamechanger. The principal parties involved in this system are the local Property Appraiser, Tax Collector and taxpayers. The homestead property and up to five acres will be exempt from school tax.