09/23/2026
🏡 Moving within Florida? Here’s a benefit many homeowners don’t realize they may have!
If you currently have a Florida Homestead Exemption and you’re buying another home in Florida, you may be able to transfer all or part of your Save Our Homes assessment difference to your new homestead. This is called Homestead Portability.
Here’s an easy example 👇
Your current home has a market value of $400,000, but its assessed value for property-tax purposes is $280,000.
That $120,000 difference may be eligible to transfer to your next Florida homestead.
So if you purchase a new home for $500,000, that portability benefit may help reduce the assessed value used for property-tax purposes on the new home.
💡 That can make a meaningful difference in your future property taxes.
A few important things to know: you must qualify, apply for Homestead on the new property, and request portability. The final amount is determined by the Property Appraiser.
Thinking about selling your Florida home and buying another one? This is definitely something worth checking before you make your move.
Have questions about buying or selling in Jacksonville or the surrounding areas? I’m always happy to help. ❤️
Juliana Bahri | REALTOR®
Better Homes and Gardens Real Estate Lifestyles Realty
904-874-8706