Article X, Section V of the Florida Constitution exempts from lien or levy from Judgment Creditors one-half acre of land if the debtor homestead is located within a municipality and 160 acres outside of the municipality. The protection extends to separate but contiguous properties provided the sum total acreage of such properties is within the acreage limitations.
Florida places no limit on the value of the homestead.
Only Judgment Creditors are exempted by the homestead exemption. The exemption does not apply to voluntary liens such as mortgages, nor does it apply to taxes, and construction liens.
The debtor must reside in the homestead; the mere intent to reside in the homestead does not qualify the debtor for use of the exemption.
If the debtor sells the homestead, the proceeds from such sale are also exempt, provided such proceeds are invested within a reasonable time towards the purchase of another homestead.
If the homestead exemption is unavailable, because for example the property exceeds the acreage limitation, then the debtor may still qualify for protection if Tenancy by Entireties is present.