Florida Property Tax Portability

Portability is a Florida property tax benefit that lets you take your tax savings with you when you move. Much like a coupon!

If you’ve had a homestead exemption on a Florida home, you likely built up years of property tax savings. Portability allows you to transfer those savings to your next homestead.

Click here for a FREE review. 

What Is Portability?

Florida limits how much your property’s assessed value can increase each year under the Save Our Homes cap. Over time, this often creates a large gap between:

  • The home’s market value
  • The home’s assessed value

That difference is your tax savings.

Portability allows you to transfer those accumulated savings to your next Florida homestead instead of starting over.

Don't get taxed out of Florida just because you moved!

Why Portability Matters

Portability can reduce your future property taxes by thousands — sometimes hundreds of thousands — of dollars over time.

If portability is not applied correctly or is missed entirely, the savings are usually lost forever.

A Simple Example

  • Market value of your home: $500,000
  • Assessed value: $350,000
  • Accumulated Benefit: $150,000
  • Millage Rate: 15.00
  • Annual Savings: $2,250

If you sell that home and buy another Florida home:

  • ✅ Portability lets you transfer that $150,000 benefit to the new home
  • ❌ If you don’t apply, the savings are lost

Who Can Use Portability?

You may qualify if:

  • You had a Florida homestead exemption
  • You sold or abandoned that homestead
  • You establish a new Florida homestead
  • You apply within the required timeframe

Portability applies to:

Common Portability Mistakes

  • “The county will do it automatically”
  • “My realtor handled it”
  • “My title company fixed it”
  • "The values are based on sales price"

None of these are true.

Once the deadline passes, the benefit is often gone permanently.

Why Portability Is Often Done Wrong

Even though portability sounds simple, errors are extremely common:

  • Incorrect market values
  • Missed or misunderstood deadlines
  • Divorce situations handled incorrectly
  • Sellers leaving money on the table
  • Reliance on bad county guidance

By the time most people realize something is wrong, it’s too late to fix.

How We Help

At My Exemption Check, we:

  • Review your prior homestead before you close
  • Verify accumulated tax savings
  • Check the market value used by the county
  • Identify missed or undervalued portability benefits
  • Explain your options clearly and honestly

If there’s no meaningful benefit, we’ll tell you.

Free Initial Review

Our initial consultation is always free.

  • If there’s no substantial benefit → nothing else needs to be done
  • If there is a benefit → we help you choose the next steps

Call: (904) 900-4072

Or submit your information HERE to get started.

Bottom Line

Portability is a real savings.

Your are entitled to it.

And once it’s missed, it’s usually gone.

If you’ve sold, are selling, or plan to buy another Florida home, it’s worth checking before it’s too late. The sooner you act, the more options you have!