09/28/2026
Market Monday | Thinking about moving within Florida but worried about giving up the property tax savings you’ve built over the years?
You may not have to completely start over.
Florida has something called **property tax portability**. If you qualify, it allows you to transfer some or all of the Save Our Homes benefit you built on your previous homestead to a new Florida homestead.
Here’s the important distinction: **you aren’t transferring your old tax bill to the new house.**
Instead, you may be able to transfer an eligible portion of the difference between your previous home’s assessed value and its market value. That can reduce the assessed value used to calculate property taxes on your new home.
Why does this matter?
If you’ve owned your Florida home for years and are thinking about downsizing, upsizing or simply moving from one Tampa Bay community to another, portability could make a meaningful difference in the numbers you use to plan your move.
So before assuming a move means leaving all of your accumulated property tax benefits behind, check whether you qualify for portability and what that could look like for your specific situation.
Thinking about a move in Valrico, Lithia, FishHawk, Brandon or Riverview? Send us a message. We can help you know which numbers to look at and point you toward the right county resources for the official calculation.
