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

Florida homeowners and investors, it’s time to look ahead: there’s a significant property tax proposal on the 2026 ballot that could reshape how we plan for the future. The amendment would raise the homestead exemption for non-school taxes to $250,000 by 2028, and starting January 2027, cap annual assessment increases at 5% for many non-homestead properties. As someone who’s spent decades navigating real estate both as a developer and a Realtor in Boca Raton and Delray Beach, I know how changes like these can impact your financial strategy—whether you’re securing your family’s home or optimizing an investment. Staying informed is key, and I’m committed to keeping my clients ahead of the curve as these updates unfold.