06/03/2026
Thinking about moving to Florida? You may want to do it before December 31, 2026.
Under a proposed Florida property tax plan, homeowners who establish Florida as their primary residence on or before December 31, 2026, could be fully eligible for the expanded homestead tax benefits, including up to a $250,000 exemption.
The catch? Those who move to Florida after that date may have to wait four years before qualifying for the full exemption.
Keep in mind that this is still a proposal and requires voter approval before becoming law. If you’re considering a move to Florida, this is definitely something to keep an eye on.
Raju Abraham, Real Estate Advisor (407) 616-6247