11/04/2026
🚨 BIG NEWS FOR FLORIDA HOMEOWNERS & FUTURE RESIDENTS!
Florida Amendment 3 has passed, bringing significant increases to the homestead exemption. Here’s what you need to know!
🏡 WHAT’S CHANGING?
💰 2026: Up to $50,000
💰 2027: Up to $150,000
💰 2028: Up to $250,000
The increased exemption applies to the non-school portion of property taxes.
📣 THINKING ABOUT MOVING TO FLORIDA? DECEMBER 31, 2026 MATTERS!
Here’s a general timeline to help you prepare:
1️⃣ NOW: Start planning your move and discuss your home-buying goals.
2️⃣ GET PRE-APPROVED: Know your budget and financing options.
3️⃣ FIND YOUR HOME: Begin your search and get under contract when you find the right property.
4️⃣ ESTABLISH RESIDENCY BY DECEMBER 31, 2026: Make Florida your permanent residence and update your residency documents.
5️⃣ PURCHASE & OCCUPY: Establish your qualifying home as your permanent residence.
6️⃣ BY MARCH 1: Submit your homestead exemption application for the applicable tax year.
🏠 ALREADY A FLORIDA RESIDENT?
You do NOT have to purchase a new home before December 31 to qualify for the increased exemption on a future qualifying property.
❤️ CONSIDERING SELLING YOUR HOME?
Let’s talk strategy! Whether you’re buying, selling, relocating, or simply exploring your options, having a plan matters.
📲 Call or message me. Let’s start planning your next move!
~Kathryn Fielding
Cell: 352-270-2398
Broker Associate
Accredited Buyer's Representative (ABR®)
WAVE Elite Realty Partners
Disclaimer: General information only, not tax or legal advice. Eligibility and actual savings vary. Closing alone does not establish residency. Confirm requirements with your county property appraiser.
