08/20/2026
🏡🌴 SWFL TIP OF THE WEEK! 🌴🏡
Thinking about making Florida your permanent home? 👀☀️ This is one proposed change you definitely want on your radar!
Florida voters will decide Amendment 3 on November 3, 2026, which could make some BIG changes to the Homestead Exemption. 🗳️
If approved by at least 60% of voters:
🏡 The homestead exemption for non-school property taxes would increase to $150,000 in 2027
🏡 It would increase again to $250,000 in 2028
📚 School property taxes are NOT included in this increase.
🚨 AND HERE’S THE PART FUTURE FLORIDA RESIDENTS NEED TO KNOW…
Under the proposal, you would need to establish permanent Florida residency by December 31, 2026 to be eligible for the larger exemption right away.
If you become a Florida resident after December 31, 2026, you would have to wait until the fifth year of your homestead exemption before becoming eligible for the larger exemption. 😳
⚠️ Remember — this has NOT passed yet. Florida voters will make that decision in November.
If Florida has been on your radar for retirement, relocation or just finally escaping those winters 🥶➡️🌴, this is definitely something worth watching!
Questions about buying or relocating to Southwest Florida? Give me a call — I’m always happy to help! ❤️
Andrea Beckman, REALTOR®
RE/MAX Realty Team 🎈
📱 309-210-3766
🌐 SellWithBeckman.com
🎈 WE LOVE REFERRALS! 🎈