In this guide
This guide covers what they are, who qualifies, and the deadlines that matter in Miami-Dade County.
What the homestead exemption does
If the home is your permanent residence, the homestead exemption removes up to $50,000 from your assessed value and activates the Save Our Homes cap, which limits your assessed value's annual growth to 3% or the change in CPI, whichever is lower.
The March 1 deadline
The regular deadline to file for homestead is March 1 for the tax year. Late applications are now accepted up to the TRIM appeal deadline, but the clean path is to file with the Miami-Dade Property Appraiser as soon as the home is your primary residence.
Portability — carrying your benefit to a new home
When you sell a Florida homestead and buy another, up to $500,000 of your accumulated Save Our Homes benefit can transfer to the new home. You claim it with Form DR-501T, and it must be filed within 3 tax years of abandoning the prior homestead. If this is your primary residence and no homestead exemption shows on the roll, you can file for it with the Miami-Dade Property Appraiser.
Other exemptions to check
- Senior (low-income), for qualifying homeowners 65+
- Veteran and disability exemptions, including total exemptions for certain service-connected disabilities
- Widow/widower exemptions
- Ask the appraiser's office which additional exemptions may apply to your situation.
Questions
Questions homeowners ask
What is the homestead exemption deadline in Miami-Dade County?
March 1 for the tax year. Late applications are accepted up to the TRIM appeal deadline, but filing by March 1 is the clean path.
What does the homestead exemption do?
It removes up to $50,000 from your assessed value and applies the Save Our Homes cap, which limits assessed-value growth to 3% or the change in CPI, whichever is lower. What that means for a given bill depends on the home's values and local tax rates.
What is Save Our Homes portability?
Up to $500,000 of your accumulated Save Our Homes benefit can transfer from a prior Florida homestead to a new one, via Form DR-501T, filed within 3 tax years of leaving the prior home.
Check it yourself
Official sources
- Homestead filingMiami-Dade Homestead filingmiamidade.gov (opens in a new tab)
- Property appraiserMiami-Dade Property Appraisermiamidade.gov (opens in a new tab)
- Homestead ExemptionFlorida exemptions, Department of Revenuefloridarevenue.com (opens in a new tab)
- Save Our Homes PortabilityProperty tax forms, Department of Revenuefloridarevenue.com (opens in a new tab)