Blog Category - Local Market News

Nov 12, 2026 • 6 min read

Florida's 2027 Homestead Exemption: 3 Tax Scenarios After Amendment 3

Florida voters approved Amendment 3 on November 3, 2026, creating a property-tax difference that could surprise someone moving to Northeast Florida. Two qualifying homeowners with the same $300,000 assessed value could have $100,000 separating their non-school taxable values, depending on whether they maintained permanent Florida residence as of December 31, 2026.Under the new law, eligible estab