Florida votes on property taxes November 3: what Amendment 3 would change
A larger homestead exemption, a lower cap on non-homestead property, and a 60% threshold. The facts, without a side.
OCT 2026 · FLORIDA · BALLOT NOV. 3, 2026
On November 3, 2026, Florida voters decide Amendment 3, a property tax proposal. If it passes, it would raise the homestead exemption for homeowners and lower a cap on assessment increases for non-homestead property. It needs 60% of the vote to pass.
| Homestead exemption, non-school taxes, 2027 | $150,000 |
| Homestead exemption, non-school taxes, 2028 | $250,000 |
| Yearly assessment cap, non-homestead property | 10% to 5% |
| Vote needed to pass | 60% |
The homestead exemption
Amendment 3 would raise the homestead exemption on non-school property taxes to $150,000 in 2027 and $250,000 in 2028, and then adjust it with inflation. School taxes are not covered. People who are not Florida residents on December 31, 2026 would get the larger exemption only after a waiting period; per Orange County it is five years, and the Florida Phoenix describes it as starting in the fifth year of exemption.
Non-homestead property
The proposal would lower the yearly cap on assessment increases for non-homestead property from 10% to 5%. That includes second homes and rentals, and also commercial property.
The 60% rule
Florida constitutional amendments need 60% of voters to say yes. A simple majority is not enough.
What it means for you
What any change would mean for your bill depends on your property, your county's tax rates and what local governments do in response. We take no position on the amendment and are not affiliated with any campaign for or against it. For your own numbers, check with your county property appraiser and your tax adviser. Our first-time buyer guide covers what a buyer should know.
What did the house down the street actually close at?
We'll send you this month's sales in your neighborhood, and your two prices if you're thinking of selling.
Sources: Florida Legislature, Joint Resolution HJR 1F and bill SB 4F (flsenate.gov); Orange County, Property Tax Amendment 3; Florida Phoenix, Amendment 3 voter guide. Check the official ballot language and your county property appraiser before relying on any figure.
Disclosure: Market news. Not tax or legal advice. The Fragomeno Group is not affiliated with any campaign for or against Amendment 3 and takes no position on it. Photos are illustrative or show the area and do not show any property.
Written by Abdallah H. Fragomeno, REALTOR®, The Fragomeno Group at Chez Realty.