Florida Homeowners · Act Before December 31, 2026
Your Property Tax Bill
Could Drop by Thousands
A landmark Florida amendment is moving forward — and every homeowner in Central Florida needs to understand what it means for their wallet right now.
Potential Savings · HJR 1 · What You Need to Know
Up to $2,000–$3,000+ in Annual Property Tax Savings
For qualifying Central Florida homeowners · Starting 2027
Why Every Homeowner Is Talking About This
Florida Is About to Triple
the Homestead Exemption
Right now, Florida shields $50,000 of your home's assessed value from property taxes. If HJR 1 passes, that number grows to $150,000 in 2027 — and reaches $250,000 by 2028. That is five times the current protection. For homeowners in Dr. Phillips, Windermere, Winter Garden, and Winter Park — this is real, compounding, annual savings you keep every single year.
The Exemption Timeline
Watch Your Exemption Grow
Today
$50K
Current homestead exemption shielded from property taxes
2027
$150K
First phase — 3× your current protection
3× Growth
2028
$250K
Full exemption — five times what you have today
Maximum Benefit
What This Means For You
Real Numbers. Real Impact.
🏡
Primary Homeowners
If you live in your Florida home as your primary residence, this exemption applies directly to you. The larger your home's assessed value, the more meaningful the savings become year after year.
📅
Moving to Florida Soon?
Establish your Florida residency by December 31, 2026 to qualify. This deadline is firm. If you are considering a move — now is the time to act with intention.
💰
Compounding Annual Savings
This is not a one-time benefit. Once locked in, these savings repeat every single year — adding up to tens of thousands of dollars over the life of your homeownership.
🏦
Investment Properties
This exemption applies to your primary residence only. Investment and rental properties are not included — but the freed-up cash flow from your home savings can be redirected into your portfolio.
The Deadline Is December 31, 2026.
This Window Will Not Come Back.
Homeowners who establish Florida primary residency before year-end position themselves to receive full benefit starting in 2027. Every month of delay is a month of savings left unclaimed.
Your Questions Answered
Everything You Need to Know
Which taxes does this affect?
The exemption applies to non-school property taxes. School board levies are constitutionally protected and remain separate. The savings still represent a significant reduction for most Central Florida homeowners.
Do I need to file anything if I already have homestead exemption?
No additional filing is required. If you currently hold a Florida homestead exemption and the amendment passes, the increased protection applies to you automatically starting in 2027.
What if I am buying a home right now?
Purchasing and establishing residency before December 31, 2026 positions you to benefit from day one of the new exemption. Your timing right now is highly advantageous.
What if the amendment does not pass?
Your existing $50,000 homestead exemption and Save Our Homes protections remain fully intact. There is no downside to establishing residency now.
One Thing Stands Between You and This Savings
Florida Voters Decide in November 2026
60%
Voter Approval Required · Constitutional Amendment
HJR 1 is a proposed constitutional amendment. It requires 60% voter approval to pass. Florida has a history of supporting homeowner-friendly measures — and this one puts money directly back in your pocket.
Want to Know Exactly
What This Means for Your Home?
I work with buyers, sellers, and homeowners across Central Florida every day. Let's have a real conversation about your specific situation — no pressure, just clarity.
Talk to Vicky · 321.278.9564
Vicky Goyal
Broker Associate · Goyal Team · Premier Sotheby's International Realty · Orlando, Florida
This article is for informational purposes only and does not constitute legal or tax advice. HJR 1 is a proposed constitutional amendment subject to voter approval in November 2026. Consult a qualified tax professional for advice specific to your situation. · Premier Sotheby's International Realty