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Florida’s Proposed Property Tax Changes: What Property Owners Should Know About The 2026 Save Our Homes Proposal

Florida is considering significant property tax changes that could impact homeowners and investors alike. A proposed amendment set for a 2026 vote would raise the homestead exemption for non-school taxes to $250,000 by 2028. In addition, the annual assessment cap on many non-homestead properties would fall to 5%, beginning in January 2027. With over three decades spent helping buyers and sellers navigate Florida’s evolving real estate landscape—on Marco Island and beyond—I understand how legislative shifts like these can shape investment decisions and homeownership plans. Staying informed about proposals such as the Save Our Homes amendment is essential for making sound real estate choices, whether you’re considering a new home, an investment property, or planning for the long term.

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Karen

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