Florida Amendment 3 Could Lower Property Taxes | $799 full-service listing program

Florida voters will decide in Mid-Q4 whether Amendment 3 should expand the homestead exemption for non-school property taxes for some homeowners statewide.
If approved, the exemption would reach $150K in 2027 and $250K in 2028, with inflation adjustments applying afterward under the statewide proposal.
One local appraiser estimated avg. homeowner savings near $1.3K in the first year and ~$2.3K in the second, though individual results would vary.
Local governments say property taxes support parks, infrastructure, public safety, and community programs, so lower collections could shape future budget decisions if voters approve it.
The proposal needs 60% support on the Mid-Q4 2026 general election ballot, and homeowners with questions can review local city or county estimates.