Todd Hanley Mortgage Team
Florida Homestead Portability

Take Your Save Our Homes Savings With You

Selling a Florida homestead? You can carry up to $500,000 of its Save Our Homes benefit to your next one. This estimator shows how much transfers, what your new assessed value becomes, and the estimated tax with and without it.

Upsizing • downsizing • joint-owner splits • 2026 indexed exemption

For Florida homeowners moving within the state — and the agents helping them price the move.

Your old home's Save Our Homes cap has probably kept its assessed value far below market. Sell it and move within Florida, and that gap doesn't have to disappear — portability lets you apply it to the new home. Grab the two numbers off your property appraiser's record and see what it's worth.

Your Current (Prior) Florida Homestead
Year you sold or moved out The year the old home stopped being your homestead
Prior home Just (market) value From the property appraiser, as of Jan 1 of that year
$
Prior home Assessed (SOH) value The capped "Save Our Homes" value, same year
$
New home purchase price The Florida home you're moving into
$
Exemptions that will apply to the new home
Optional — sharpen the result
County millage (total)Default is the Broward average — your TRIM notice has yours
School millage (part of total)Non-school exemptions don't reduce this part
New home's Just value vs. priceAppraisers often land below price; 100% is conservative
%
Prior owners splitting the benefitKeep at 1 if you're moving together. 2+ only if prior co-owners each start separate homesteads
Your title share (if deed lists shares)Overrides the even split above
%
Second homestead exemption (indexed)FL DOR: $25,722 for 2025 • $26,411 for 2026
$
Exemption rulesThe amendment is on the Nov 3, 2026 ballot — not law yet

Estimates only • Not tax or legal advice • Not an offer or commitment to lend • Assumptions shown below

Results = Estimates (Not a Determination) Your county property appraiser sets the actual assessed value, and only after you apply for homestead and portability on the new home. Taxes shown are ad valorem only at the millage you enter — they exclude non-ad valorem assessments (fire, solid waste, CDD/HOA, stormwater), which can be significant. Split ownership, divorce, and partial interests can change the transferable amount.
Estimated portability benefit you can carry
$0
Knocked off the new home's assessed value, bringing it from $0 down to $0 — roughly $0 less in property tax in the first year.
Upsizing
Est. tax WITH portability
$0
per year, ad valorem
Est. tax WITHOUT it
$0
per year, ad valorem
First-year difference
$0
 

How your new assessed value is built

Florida Statutes §193.155(8), step by step.

    From assessed value to estimated tax

    School and non-school taxes are figured separately because the second homestead exemption only applies to non-school levies.

    With portabilityWithout
    How it works

    Portability in three moves

    1

    Your Save Our Homes gap

    While a home is your homestead, its assessed value can rise no more than 3% a year (or CPI, if lower). After years of appreciation, the gap between just value and assessed value gets big. That gap is the benefit.

    2

    Upsizing: carry the dollars

    If the new home's just value is equal to or higher than the old one's, you subtract the whole gap from the new home's just value — capped at $500,000.

    3

    Downsizing: carry the ratio

    If the new home is worth less, you keep the same percentage: new assessed = new just value × (old assessed ÷ old just). The benefit still can't exceed $500,000.

    Good to know

    Questions people ask

    How long do I have to use it?
    You must establish the new homestead while you've had a homestead exemption as of January 1 of any of the 3 immediately preceding years. In practice: if the old home was your homestead on January 1 of the year you sold, the new home needs to be your homestead by January 1 three years later. The calculator shows your deadline above the results.
    Does it happen automatically?
    No. You apply for the homestead exemption on the new home and request the transfer of your prior assessment difference with your county property appraiser. The benefit also requires that the old home be reassessed at just value (which normally happens when it sells or stops being your homestead).
    We each owned a homestead before we got married. Do we get both?
    No. When two people who each had a prior homestead establish one new homestead together, the reduction is limited to the higher of the two benefits, still capped at $500,000. Run each prior home through the calculator and use the larger result.
    We're divorcing / splitting up the old home. How is it divided?
    When joint owners who each received the exemption go their separate ways, each person who establishes a new homestead gets the prior benefit divided by the number of owners who received the exemption — or proportionally, if the deed lists specific ownership shares. Use the "Prior owners splitting the benefit" or "Your title share" fields. These cases have nuances; confirm with your property appraiser.
    Can I port from an out-of-state home?
    No. Portability moves a Florida homestead's Save Our Homes difference to another Florida homestead. A home in another state never had a Save Our Homes cap to transfer.
    What does the proposed amendment change?
    The amendment on the November 3, 2026 ballot would exempt up to $150,000 of a homestead's assessed value from non-school taxes in 2027 and $250,000 from 2028. It needs 60% voter approval. It doesn't change the portability rules, but the two stack: portability lowers the assessed value, and the larger exemption then covers more of what's left. Use the "Exemption rules" selector to preview it. Read the full amendment breakdown →
    Why might my county's number differ?
    Three common reasons: the appraiser's just value for your new home may come in below the purchase price; your actual millage depends on your city and special districts; and appraisers round values. Check your TRIM notice for the millage that applies to your address.

    Planning a move? Let's put real numbers on it.

    Portability changes the math on what you can afford next. I'll build the full picture — the tax you'll actually carry, the payment, and how much house the move really buys you.

    Sources: Fla. Stat. §193.155(8) (portability, $500,000 limit, 3-year window) • Florida DOR additional homestead exemption adjustment • Fla. Stat. §196.031 (homestead exemption). This tool is not affiliated with any county property appraiser. Not tax or legal advice.

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