08/05/2026
š” Florida Homeownersā¦ This Could Save You Thousands in Property Taxes.
A proposed constitutional amendment could bring one of the biggest property tax changes Florida has seen in years.
Hereās what it means in plain English:
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If approved by at least 60% of Florida voters, homeowners could begin paying significantly less in property taxes starting January 1, 2027. (School district taxes would still apply.)
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The amount of your homeās value thatās exempt from property taxes would increase, allowing many Florida homeowners to keep more of their hard-earned money each year.
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Police, fire departments, schools, roads, and other essential public services would continue to receive funding under the proposal.
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Property tax increases on many rental and commercial properties would also be limited, helping create more predictable tax increases.
So whatās the catch?
Local governments would have less property tax revenue, meaning theyāll need to adjust their budgets while continuing to fund essential services. Supporters believe itās time to give homeowners meaningful tax relief, while opponents are concerned about the long-term impact on local government funding.
As a Realtor, one of the most common questions I hear is:
āHow much are the property taxes?ā
For many buyers and homeowners, this amendment could make owning a home more affordable while allowing families to keep more of what theyāve worked so hard to earn.
This is NOT law yet. It must be approved by at least 60% of Florida voters before it takes effect.
I encourage everyone to read the amendment, understand how it may affect your family, and make an informed decision when itās time to vote.
Personally, I believe giving Florida homeowners meaningful property tax relief is a step in the right direction.
*This post is for informational purposes only and should not be considered legal or tax advice. Please consult the official ballot language and a qualified professional regarding how this amendment may affect your specific situation.
