Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Certain property tax benefits are available to persons age 65 or older in Florida.Eligibility for property tax exemp ons depends on certain requirements. To qualify for this exemption, the applicant must be a permanent resident of Florida as of January 1st of the application year. To apply for the standard homestead exemption in Florida, visit the property appraiser's website for the county where your property is located. If you're planning to claim a homestead exemption, you must first apply for a Florida driver's license. The homestead exemption is only available on primary residence and cannot be used for second homes, vacation homes or investment properties. An increase in the exemption will have an impact on other homeowners. Provide city funding for a homestead exemption enrollment program, to sign eligible homeowners up for homestead exemptions including the senior disability. The good news for Texas homeowners is that there are a number of different exemptions to property tax that may apply to you.