If you own property in Florida—or are thinking about buying—there are some important changes on the horizon. In 2026, voters will weigh in on a proposed amendment that could increase the homestead exemption to $250,000 for non-school property taxes by 2028, and also lower the annual assessment cap to 5% for many non-homestead properties starting January 2027. Having called Tampa home for 17 years, I know firsthand how shifts in property tax law can impact the dream of homeownership and long-term planning. My background in retail taught me that no two clients are alike, and the same holds true for how these changes might affect each of us. Whether you’re settled in your forever home or keeping an eye on investment opportunities, staying informed is key to making confident decisions about your next move in our vibrant Florida market.
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