No, only a homeowner’s principal residence qualifies.
To qualify, a home must meet the definition of a residence homestead:
The home’s owner must be an individual (for example: not a corporation or other business entity) and use the home as his or her principal residence on January 1 of the tax year.
If you are age 65 or older, or disabled, the January 1 ownership and residency are not required for the age 65 or disabled homestead exemption.
Category:
Homestead Exemption