FAQ and Market Updates

Yes. If you purchased a property that is your permanent residence in 2026 or earlier, you may file for the 2027 Homestead Exemption through March 1, 2027. The exemption will be reflected on the Notice of Proposed Property Taxes issued in mid-August 2027. To qualify, you must hold legal or equitable title to the property and occupy it as your permanent residence as of January 1 of the filing year. Applicants and their spouses must provide Florida residency documentation, including a Florida driver’s license, Florida vehicle registration, voter registration if applicable, and Social Security numbers.

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It depends on the property’s flood zone, elevation, lender requirements, and how you plan to insure the home. Flood insurance may be required by a lender, or simply be a smart layer of protection even when it is not required. Before making an offer, review the flood zone, elevation certificate if available, current flood policy, and estimated renewal cost.

For more information visit property appraisal website: https://ncpafl.com

In addition to the purchase price, buyers should plan for inspection costs, appraisal fees if financing, lender fees, insurance, property taxes, title-related costs, and potential HOA or condominium application fees. Depending on the property, there may also be flood insurance, CDD fees, or rental restrictions to consider. Your lender and closing agent can provide a more exact estimate before closing.

Yes. However, Short-term rental rules can vary by location, zoning, HOA or condominium association, and the property’s existing permits or rental history. Before buying with rental income in mind, confirm local regulations, association restrictions, licensing requirements, occupancy limits, and any applicable tax obligations. We have trusted partners who can give us accurate rental pricing.