Permanent Florida residency required on January 1. In order to apply for homestead exemption, the following documents are needed: Recorded deed or tax bill in your name.It is a local option to establish two separate property tax rates: a lower tax rate for residential property owners. To qualify for Homestead Exemption (F. 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. We encourage all applicants to file for homestead using our easy online e-File system. There is no easier way to file. If you are a new homeowner or first-time STAR applicant, you may be eligible for the STAR credit. As a property owner in Florida, homestead exemption is one way to reduce the amount of real estate taxes you pay on your residential property. Duplex – If you are receiving income from part of the property, only the part which is your primary residence may receive the Homestead Exemption.
