The Save Our Homes benefit on a Florida homestead can represent hundreds of thousands of dollars in accumulated tax savings. In a divorce, that asset needs to be identified, valued, and accounted for — before the settlement is finalized.
Florida's Save Our Homes law caps annual assessed value increases at 3% for homesteaded properties. Over time, this creates a significant gap between the assessed value and the true market value — and that gap represents real, ongoing tax savings.
In a divorce, how that benefit is handled — whether the homestead is abandoned, who keeps the home, and whether portability is transferred — has direct financial consequences for both parties. Most settlements never address it.
We determine whether a meaningful portability benefit exists, calculate its annual savings and present cash value, and explain what's at stake before any decisions are made.
A home with a market value of $750,000 and an assessed value of $350,000 carries a $400,000 Save Our Homes benefit — generating an estimated $6,000 per year in tax savings and a present cash value of approximately $46,000. That's a real asset in a settlement.
Caps annual assessment increases at 3% or CPI. After years of appreciation, this creates a large gap between assessed and market value — and substantial ongoing tax savings.
The accumulated SOH benefit (up to $500,000) can be transferred to a new homestead. In a divorce, how it's split — or preserved — depends entirely on how the homestead is handled in the settlement.
To transfer portability, the homestead must be formally abandoned — triggering a reassessment at full market value. This has consequences for the spouse who keeps the home, and those need to be understood before the deed changes.
The present cash value of the portability benefit can be calculated and used in settlement negotiations — either as a marital asset to divide, or as a factor in deciding who keeps the home.
Florida's property tax benefits are some of the most valuable in the country — and the most easily lost during a divorce.
Years of Save Our Homes protection can mean a home is assessed far below market value. A transfer resets that protection — permanently.
Accumulated savings must be properly accounted for in settlement to preserve their value for whoever keeps the home.
Property tax impact is a financial detail that regularly falls through the cracks in divorce proceedings — even with experienced counsel.
A home assessed at $250K due to years of Save Our Homes protection could jump to a $500K+ market assessment after a transfer — meaning the spouse who keeps it could face a drastically higher tax bill starting year one.
A written report based on current public records data — specific to the property, usable in settlement discussions, and delivered with 30 minutes of consultation.
Not sure if you need the report?
Start with the free initial check. We'll review the property, confirm whether a meaningful portability benefit exists, and let you know if the full report makes sense for your situation. If there's nothing to report on, we'll tell you that upfront.
Select the option that fits where you are. Either way, we review the property and follow up directly.
Submit the property info and we will check whether a meaningful portability benefit exists. We will follow up with what we find.
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Free Portability Check
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Your information is kept confidential and will never be shared. This is not legal advice.