Big news is on the horizon for Florida property owners: By 2026, voters will weigh in on a proposed amendment that could have a real impact on your bottom line. The plan? Increase the homestead exemption to $250,000 for non-school taxes by 2028 and lower the annual assessment cap to 5% for many non-homestead properties starting January 2027. As someone who’s both a longtime local and your Naples real estate expert, I know how much these changes can affect homeowners, investors, and landlords alike. My experience in both real estate and mortgage financing helps me keep clients informed and prepared for shifts like these. If you own property in SW Florida, it’s worth keeping a close eye on how this proposal could change your tax situation—and your long-term plans.
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