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

After more than 35 years as a full-time real estate broker, I’ve seen how changes in property tax law can impact homeowners and investors across Florida. Looking ahead, there’s a proposed amendment for 2026 that could make a real difference: it would raise the homestead exemption to $250,000 for non-school taxes by 2028. There’s also a plan to lower the annual assessment cap to 5% for many non-homestead properties, starting January 2027. If you own property—or are considering making a move—these changes are worth tracking closely, as they could influence both your tax planning and investment decisions.

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