11/06/2026
🚨 FLORIDA HOMEBUYERS — DID YOU KNOW? 🏡💰
Did you know that if you establish permanent Florida residency before December 31, 2026, you could take advantage of the recently approved Amendment 3 and qualify for a $150,000 homestead exemption on non-school property taxes in 2027?
Eligible homeowners will see the new exemption reflected in their August 2027 TRIM notices and November 2027 property tax bills!
⚠️ BUT HERE'S THE CATCH!
If you're new to Florida and wait until January 1, 2027, or later to establish residency, you generally won't qualify for the expanded exemption until your FIFTH YEAR of homestead eligibility!
Until then, you'll initially qualify for only the $50,000 homestead exemption on non-school property taxes, subject to applicable adjustments.
And in 2028, the expanded exemption increases to $250,000!
🏡 Thinking about buying your primary residence in Florida?
📲 Call me today! Let's explore your homebuying options and the importance of establishing Florida residency before December 31st!
Olaf Stenger | Kroll Realty Group
Eligibility requirements apply. Residency alone does not establish homestead eligibility. Consult your county property appraiser for details.
