Homestead Exemption For 2024 Florida. Amendment 5, annual adjustments to the value of certain homestead exemptions aka 'homestead exemption amendment'. Another $25,000 homestead exemption is applied on a homestead’s value between.

The florida homestead exemption is a property tax break that’s offered based on your home’s assessed value and provides exemptions within a certain value limit. Annual adjustment to homestead exemption value: