Don’t Leave Your Tax Savings Behind!

Moving Within Florida? 

Florida’s Save Our Homes Portability rule lets you take your property tax savings with you when you move — and it’s not just for seniors.

If your current home’s market value is higher than its assessed value (thanks to the 3% cap), that difference — up to $500,000 — can be transferred to your next Florida home, helping keep your new property taxes lower.

To qualify, you’ll need to:
Have (or had) a Florida homestead exemption
Establish a new Florida homestead within 3 years
File forms DR-501 (Homestead Exemption Application) and DR-501T (Transfer of Homestead Assessment Difference) with your county property appraiser

For Brevard County Florida residents, you can find everything here:
Brevard County Property Appraiser – bcpao.us
Forms: bcpao.us/forms.aspx
Portability Brochure (PDF): Download here

Whether you’re upsizing, downsizing, or moving closer to the beach, portability can make your next home more affordable.

Have questions about how this applies to your move? Let’s talk.
321bond.com

• 🌧️ You can often take over the seller’s current flood policy.
• 💵 If they pay about $900 per year, you may be able to keep that same rate.
• 🧑‍💼 Your agent should already be checking this for you. I always do.
   

• 🚫 A brand-new policy today can cost up to $10,000.
• ✅ Assuming the seller’s policy means:
  • ~$10,000 saved in year one
  • ~$9,000 saved every year after
• ⏳ You only start paying once the seller’s policy expires.
• ⭐ One of my clients now saves around $8,000 a year because we handled this early.

• 🌴 Florida’s tropical climate makes storms unpredictable.
• 🛡️ A policy around $1,000 per year gives you up to $250K in coverage.
• 💸 That is less than $3 a day for serious protection.
   

• 📘 My goal is to deliver both, every step of the way.
• 🏡 If you bought recently, did your agent even mention flood policy assumption.
• 🧾 If you owned in Florida with homestead before, did they explain how to save thousands each year on property taxes.
• ❓If not, it may be time to rethink who you work with.
   

• 🤝 I focus on more than a one-time transaction.
• 🎯 My mission is to help you secure a great home on your terms and position you for long-term financial wins.
• 🕶️ Maybe Agent Bond. Rick Bond.