09/14/2026
There’s a property tax amendment on the Florida ballot this November, and….
If it passes, the homestead exemption on non-school property taxes goes from $50,000 to $150,000 in 2027, and $250,000 in 2028.
For a lot of homeowners here, that’s real money. It only applies to the home you actually live in… second homes and rentals aren’t part of it, and it doesn’t touch school funding.
Here’s the part I’d want to know if I were you. As written, anyone who establishes Florida residency on or after January 1, 2027 would only get the $50,000 exemption for their first five years in the state. Establish residency by the end of 2026 and you’d be in line for the full amount.
Five years is a long time to wait for the same break your neighbor is already getting.
Florida Realtors, the largest professional association in the state, has endorsed Amendment 3 and launched a Vote Yes on 3 campaign.
I’m voting yes.
Affordability is the thing I hear about from every family I work with, and this is meaningful relief for people trying to keep the homes they already bought.
Nothing has changed yet. It still needs 60% of voters to approve it in November, and property taxes today are exactly what they were last year. But if a move to the Tampa area is already on your mind for the next 18 months, the timing is worth understanding now instead of in hindsight.
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Michelle Babbino
Broker Associate | Realtor
Future Home Realty
📞 727-422-1254 🧡
