05/27/2026
With the increase of the homestead exemption to $250k, 60% of Floridians may soon pay ZERO property taxes.
The key here is that this applies to Homestead properties which are full time primary residences, not just boomers.
Once the exemption reaches $500k, it will fully eliminate property taxes for 92% of Floridians.
This is truly a historic opportunity!
Florida Gov. Ron DeSantis has called a special legislative session to pursue a plan that would raise the state's homestead exemption to $250,000, eliminating property taxes for an estimated 60% of Florida homeowners and potentially making Florida the first state with no property taxes.