Florida Property Tax Calculator
Estimate your Florida property tax by county — with homestead exemption ($50,000), Save Our Homes assessment cap (3%/year), and county-level effective rates.
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How to use this calculator
- 1
Enter the just value (market value) of the property — this is from your county property appraiser's notice.
- 2
Select your county — rates vary from under 0.7% (Collier) to over 1% (Broward, Alachua).
- 3
Select applicable exemptions — the $50,000 homestead exemption is significant on all properties.
- 4
If you've owned the home for years under the Save Our Homes cap, your assessed value may be lower than market value.
Frequently asked questions
What is Florida's Save Our Homes cap?
Save Our Homes limits annual increases in the assessed value of a homesteaded property to 3% or the CPI, whichever is lower. This means long-term homeowners in appreciating markets pay tax on an assessed value well below market value. When the property sells, the assessed value resets to market value — triggering higher taxes for the new buyer.
What is the Florida homestead exemption?
Florida offers a $25,000 exemption on the first $50,000 of assessed value (applicable to all taxes) plus a second $25,000 exemption on the next $25,000 of assessed value ($50,000–$75,000) that does NOT apply to school taxes. Practically, most homesteaded properties get a $50,000 reduction in taxable value. You must apply by March 1 for the following year.
When is Florida property tax due?
Property taxes are assessed January 1 and billed in November. They're due by March 31. Florida offers significant early-payment discounts: 4% if paid in November, 3% in December, 2% in January, 1% in February, no discount in March. Paying in November saves 4% — on a $5,000 bill, that's $200 in savings.
Does Florida have estate or inheritance tax?
No — Florida has no estate tax or inheritance tax. Florida abolished its estate tax in 2004 when federal estate tax credits were eliminated. There is also no gift tax at the Florida level. This makes Florida particularly attractive for estate planning — high-net-worth individuals moving from NY, NJ, or CA to Florida can avoid those states' estate taxes if they establish Florida domicile before death.
Florida Property Tax Calculator 2024 — Homestead exemption, Save Our Homes
Florida property tax vs other no-income-tax states
No income tax states often have higher property taxes to compensate. Florida's average effective rate (~0.86%) is lower than Texas (~1.70%) but higher than Nevada (~0.55%). Beachfront and luxury properties in South Florida can have effective rates under 0.7% (Collier County) — making them especially attractive as primary residences from a tax perspective.
Portability — the hidden Florida homestead benefit
Florida's "portability" provision lets you take up to $500,000 of your Save Our Homes assessment differential to a new Florida homestead. If you sell a home where assessed value ($400K) is $200K below market value ($600K), you can "port" that $200K difference and reduce the assessed value of your new home by up to $200K. Apply within 3 years of giving up your prior homestead.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →