Florida is a homestead property, so if an American owns a property and lives in it year around they can file for a partial tax exemption called Homestead. Foreigners and Americans that use their property as a second home or vacation property can not file for homestead. Canadians or other nationalities who have a green-card and use their Florida Property as a primary residence can file for homestead.
For more info go to http://www.pcpao.org/
If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.