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BREAKING NEWS: Florida Realtors supports property tax reform

Florida Realtors’ Board of Directors approved today the association’s support of Amendment 3, a November ballot measure that would provide property tax relief and make changes to Florida’s homestead and non-homestead property tax structure.

Florida Realtors®’ Board of Directors today approved the association’s support of Amendment 3, wrapping up the association’s Governance Meetings following its 2026 Convention & Trade Expo.

If approved by at least 60% of voters, Amendment 3 would increase the homestead property tax exemption, lower the annual assessment cap on non-homestead properties and make other changes to Florida’s property tax system.

Florida Realtors statement:

“Florida Realtors supports Amendment 3 because it offers voters an opportunity to provide meaningful property tax relief while strengthening Florida’s commitment to attainable homeownership. Florida Realtors encourages Floridians to learn more about it, and to vote Yes on Amendment 3 this November.”

© 2026 Florida Realtors®