11/04/2026
🏡 BIG NEWS FOR FLORIDA HOMEOWNERS!
Amendment 3 has passed, bringing property tax changes beginning in 2027:
✅ 2027: Homestead exemption increases to $150,000 for non-school property taxes.
✅ 2028: That exemption increases to $250,000.
✅ Second homes and investment properties: The annual assessment increase cap drops from 10% to 5% for non-school levies.
📅 FLORIDA RESIDENCY CUTOFF: DECEMBER 31, 2026
You must be a Florida resident by this date and meet homestead eligibility requirements to avoid the new-resident waiting period. Homestead applies to your primary residence. Later residents generally qualify for the expanded exemption beginning with their fifth year of homestead exemption, subject to constitutional limits. Actual savings vary.
Considering buying, selling, relocating, or investing? Our agents are ready to help you move forward with confidence throughout Greater Tampa Bay.
🍊 Your goals. Our agents. The key to your success.
Orange Grove Property Solutions
📞 727-744-3940
🌐 OrangeGrovePropertySolutions.com