Florida law, Chapter 196, provides property tax exemption(s) to eligible not-for-profit organizations that own and operate real estate and or tangible business property as of January 1, for the following purposes:
- Nursing Homes or Homes for the Aged
Educational exemptions are also available to properly accredited institutions in the following categories:
- Educational - Requires accreditation by Southern Association of Schools and Colleges (SACS) OR Florida Council of Independent Schools (FCIS) Institutional Exemption Application
- Child Care Facilities - Requires a Gold Seal Certificate Institutional Exemption Application
- Charter Schools - Requires a charter approved by the Miami-Dade County School Board -- Ad Valorem Tax Exemption Charter School Facilities (DR-504CS)
Note: The application form has more details on required documentation.