06/17/2026
Having questions about the upcoming property tax exemption bill heading to the ballot here in the fall? Here are a few helpful points.
-The "Super" Exemption: Increases the homestead exemption on non-school city and county taxes to $150,000 in 2027 and $250,000 in 2028 (with inflation adjustments starting in 2029).
-Out-of-State Residents: New residents moving to Florida after December 31, 2026,⏳must wait five years before qualifying for the enhanced exemption. ***This one is definitely one to pay attention to if you are thinking of holding off on purchasing this year.***
***Investors, this one's for you***
-Commercial & Vacation Properties: The annual cap on assessment increases for non-homestead properties (such as rental units, vacation homes, and commercial real estate) will drop from 10% to 5%.💸
If you have any further questions or would like to have a buyer's consultation-give me a call and lets have a conversation! 941-445-2535.☎️