09/22/2026
🏡 Thinking About Buying a Home in Florida? Mark December 31, 2026 on Your Calendar.
This November, Florida voters will decide on Amendment 3 — a proposed change to the homestead property tax exemption. If it passes (it needs 60% voter approval), here's what changes for primary homeowners:
✅ The non-school property tax exemption would rise to up to $150,000 in 2027, then up to $250,000 in 2028
📅 Here's the key part: If you're already a permanent Florida resident and homeowner by December 31, 2026, you'd qualify for the full increased exemption right when it takes effect.
🕐 If you become a Florida resident on or after January 1, 2027, you'd start with the current $50,000 exemption and phase up to the full amount over 5 years.
Why the wait for new residents? It's designed to prevent a rush of buyers from spiking Florida home prices.
Bottom line: if buying a Florida home is already on your radar, closing before the end of 2026 could put you in a much stronger position under this proposal — if it passes.
Have questions about timing, eligibility, or what this could mean for your specific situation? I'm happy to walk you through it. 👇
📧 [email protected]
📞 727-492-6291
This is general information, not tax or legal advice. Amendment 3 has not yet passed — always confirm current details and consult a licensed tax or legal professional before making a purchase decision.
