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property appraiser st lucie county

Homestead Portability

What is Portability?

Portability in Florida refers to the ability of a property owner to transfer some or all of the Save Our Homes benefit on a previous homestead to a newly established homestead. The law was passed as a constitutional amendment in January 2008. The Save Our Homes benefit is the difference between the market (or just) value and assessed value.
State law allows you to transfer your Save Our Homes benefit to a new home if you claimed the Homestead Exemption in either of the two preceding tax years.

Important Points to Consider:

How Portability is Calculated:

property appraiser st lucie county

We welcome you to call our office at 772.462.1000 to speak with a professional.