Discover why filing for homestead exemption in Florida is a smart move. Learn how it lowers taxes, protects your home, and why Fort Myers homeowners should act before the March 1 deadline.
If you purchased a home in Florida in 2025, now is the time to consider filing for homestead exemption. This often-overlooked step can provide major savings and long-term financial protection for Florida homeowners—especially those in the Fort Myers real estate and Southwest Florida real estate markets.
By filing for homestead exemption, you may reduce your property’s taxable value by up to $50,000. That means lower property taxes and more money in your pocket year after year. But the benefits don’t stop there.
Here’s why filing for homestead exemption matters:
- Immediate Tax Savings: Lower your annual property tax bill through reduced assessed value.
- Save Our Homes Cap: Limits increases in your home’s assessed value to 3% annually, no matter how much market values rise.
- Portability: If you move within Florida, you may be able to transfer your tax savings to your new home.
- Creditor Protection: Offers limited protection from certain creditors in the event of financial hardship.
To be eligible, your home must be your primary residence as of January 1, 2026, and you must file with your county’s Property Appraiser by March 1, 2026. The filing is not automatic—you must take action.
As a long-standing Fort Myers title company, Title Junction is committed to helping our neighbors understand their rights and benefits as homeowners. That’s why we’re offering free help events in February to make filing for homestead exemption easier than ever.
Don’t miss your chance to save—plan ahead, gather your documents, and take advantage of this valuable exemption!
Call Title Junction, LLC at (239) 415-6574 to close your real estate transaction feeling confident and safe with help from their professional title services.
Title Junction is a full service real estate title company serving the area of Fort Myers, Cape Coral and the entire state of Florida since 2005. The company handles a number of real estate title services for both commercial and residential properties.
Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: What Is the Florida Homestead Exemption and Why You Should Care