Real Estate
Florida constitutional amendments: Here’s what to know about the 3 ballot measures
By Marcus Chen
Florida Amendment 3: How the proposed property tax overhaul could impact homeowners
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
More from Katherine →Editor-in-Chief · Friday, October 30, 2026 at 12:02 PM · 1 min read
Florida voters are heading to the polls to vote on Amendment 3, a constitutional proposal that could overhaul property taxes across the state.Florida property tax overhaulFlorida's Amendment 3 seeks to significantly increase homestead tax exemptions and reduce assessment growth caps for non-homestead properties. Under current law, homeowners receive a base $25,000 exemption for all taxes including schools, plus an additional exemption for non-school taxes totaling roughly $51,411 for the tax year.If approved by at least 60% of voters, Amendment 3 would keep the $25,000 school exemption unchanged but expand the non-school homestead exemption up to $150,000 on Jan. 1, 2027, and up to $250,000 on Jan. 1, 2028. Beginning in 2029, the maximum exemption limit would be adjusted for inflation. Non-homestead assessment protectionsThe proposal also targets non-homestead properties, such as second homes, commercial buildings and rental units. Amendment 3 lowers the annual cap on assessment growth
Up nextFlorida constitutional amendments: Here’s what to know about the 3 ballot measuresReal Estate · 1 min read
