07/22/2026
Florida may be about to eliminate property taxes on homesteads. Here's what almost nobody is talking about.
Florida just passed a Senate resolution creating a $250K homestead exemption on non-school property taxes with a path toward full elimination. It could be on your November ballot.
For homeowners, this sounds like pure upside. For investors and non-homestead owners, the picture is more complicated: someone still has to fund police, roads, and schools.
Three things I'm watching as a Miami broker:
1) how counties replace ~$1-2B in lost revenue (sales tax? special assessments?),
2) how it reshapes rental math for investors who don't get the exemption,
3) how it affects long-term property values.
I'm not here to tell you how to vote. I'm here to make sure my clients aren't blindsided in November. If you own investment property in FL, this is worth 10 minutes of your attention.
What's your read, net positive for the market, or a shell game that shifts the burden elsewhere?
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