11/04/2026
🎉 BIG NEWS FOR FLORIDA HOMEOWNERS! 🏡🌴
Florida voters have approved Amendment 3, bringing significant changes to property taxes and expanded homestead exemptions!
What does this mean for homeowners?
💰 Homestead exemption for non-school property taxes increases to $150,000 in 2027.
💰 It increases again to $250,000 in 2028.
🏡 The amendment also reduces the annual assessment increase cap for non-homestead properties from 10% to 5%.
This is exciting news for Florida real estate and homeowners looking for additional tax relief!
Thinking about buying, selling, or making a move in Florida? Understanding the changes in our real estate market matters more than ever.
📲 Have questions about what this could mean for your property? Let’s talk!
The Cochran Boyle Team
Coastal Properties Group International