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Florida grants property tax exemption to institutional or non-profit organizations under certain circumstances.
Q. Who is entitled to property tax exemptions?
A. Qualified institutional or non-profit organizations that own and use their property for religious, literary, charitable or scientific purposes may be entitled to the exemption.
Q. How much of the property tax is exempted?
A. If the entire parcel is used, the property may be totally exempt. If more than 50% is used for the non-profit purpose, the exemption is based on a ratio of the exempted use.
Q. If a non-profit leases property from an individual or a business, is the rented space property eligible?
A. No. The property itself must be owned and used by the organization.
For more information call (561) 355-4523.
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