What Amendment 3 Means for Delray Beach and Boca Raton Owners
Amendment 3 raises Florida's homestead exemption for non-school property taxes. It goes to $150,000 in 2027 and $250,000 in 2028. It also cuts the annual assessment cap on non-homestead property from 10% to 5%. Florida voters decide it on Nov. 3. These facts come from Florida Realtors.
When do Florida voters decide Amendment 3?
Voters decide it on Tuesday, Nov. 3. It needs at least 60% plus one vote to pass. If it passes, it takes effect Jan. 1, 2027.
How does Amendment 3 change the homestead exemption?
The exemption for non-school taxes grows to $150,000 in 2027. It grows to $250,000 in 2028. From 2029, it adjusts each year for inflation. School taxes stay as they are. That means school funding is not touched.
What changes for rentals and second homes in Delray Beach and Boca Raton?
The annual cap on assessment increases drops from 10% to 5%. That covers rentals, second homes and commercial property. Many owners in Delray Beach and Boca Raton hold one of these. Florida Realtors says a lower cap makes tax bills easier to predict. The group says tenants and businesses gain from that too.
What if I move to Florida after 2026?
Timing matters for buyers relocating here. Are you a Florida resident by Dec. 31, 2026? If not, you get the current exemption when you qualify. The bigger exemption starts in your fifth year of exemption. Florida Realtors notes this is subject to federal constitutional limits.
What else does Amendment 3 do?
Counties and cities must spend property tax money on set uses. These include public safety, schools, roads and government operations. The Legislature must create a process for local exemption increases. Special districts can offer more relief with voter approval.
Who supports Amendment 3?
The Florida Realtors board voted to back it on Aug. 23. The group launched a Vote Yes on 3 campaign in September.
I'm Josh Grant, an eXp Realty agent in Delray Beach and Boca Raton. I'm voting yes on Amendment 3. Buying a home here is half the job. Keeping it affordable is the other half.
For the local budget side, read Amendment 3 in Delray Beach and Boca Raton: What It Changes.
Planning a move before Dec. 31? Call or text me at 954-817-9463.
What Amendment 3 Means for Delray Beach and Boca Raton Owners
Amendment 3 raises Florida's homestead exemption for non-school property taxes. It goes to $150,000 in 2027 and $250,000 in 2028. It also cuts the annual assessment cap on non-homestead property from 10% to 5%. Florida voters decide it on Nov. 3. These facts come from Florida Realtors.
When do Florida voters decide Amendment 3?
Voters decide it on Tuesday, Nov. 3. It needs at least 60% plus one vote to pass. If it passes, it takes effect Jan. 1, 2027.
How does Amendment 3 change the homestead exemption?
The exemption for non-school taxes grows to $150,000 in 2027. It grows to $250,000 in 2028. From 2029, it adjusts each year for inflation. School taxes stay as they are. That means school funding is not touched.
What changes for rentals and second homes in Delray Beach and Boca Raton?
The annual cap on assessment increases drops from 10% to 5%. That covers rentals, second homes and commercial property. Many owners in Delray Beach and Boca Raton hold one of these. Florida Realtors says a lower cap makes tax bills easier to predict. The group says tenants and businesses gain from that too.
What if I move to Florida after 2026?
Timing matters for buyers relocating here. Are you a Florida resident by Dec. 31, 2026? If not, you get the current exemption when you qualify. The bigger exemption starts in your fifth year of exemption. Florida Realtors notes this is subject to federal constitutional limits.
What else does Amendment 3 do?
Counties and cities must spend property tax money on set uses. These include public safety, schools, roads and government operations. The Legislature must create a process for local exemption increases. Special districts can offer more relief with voter approval.
Who supports Amendment 3?
The Florida Realtors board voted to back it on Aug. 23. The group launched a Vote Yes on 3 campaign in September.
I'm Josh Grant, an eXp Realty agent in Delray Beach and Boca Raton. I'm voting yes on Amendment 3. Buying a home here is half the job. Keeping it affordable is the other half.
For the local budget side, read Amendment 3 in Delray Beach and Boca Raton: What It Changes.
Planning a move before Dec. 31? Call or text me at 954-817-9463.
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Josh Grant
Office: eXp Realty in Palm Beach Florida and Greater Fort Lauderdale
Phone: 954-817-9463
Email Me: justjoshgrant@gmail.com
Designated Managing Broker: Ann Shahin
MLS Disclaimer:
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS.
Real estate listings held by brokerage firms other than eXp Realty may be marked with the IDX / BMLS logo. Detailed information about those properties includes the name of the listing firm (and an email or phone number provided by the listing firm) when required by the MLS.
Property search and live listing data are provided on the eXp Realty BoldTrail IDX site (justjoshgrant.exprealty.com). That platform refreshes MLS data automatically and displays the current Data Last Updated timestamp. This marketing site does not use a static feed date.
IDX Disclaimer:
See MLS Disclaimer above for BeachesMLS IDX attribution and use restrictions. Live listing refresh timestamps appear on justjoshgrant.exprealty.com.
Josh Grant
Office: eXp Realty in Palm Beach Florida and Greater Fort Lauderdale
Phone: 954-817-9463
Email Me: justjoshgrant@gmail.com
Designated Managing Broker: Ann Shahin
MLS Disclaimer:
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS.
Real estate listings held by brokerage firms other than eXp Realty may be marked with the IDX / BMLS logo. Detailed information about those properties includes the name of the listing firm (and an email or phone number provided by the listing firm) when required by the MLS.
Property search and live listing data are provided on the eXp Realty BoldTrail IDX site (justjoshgrant.exprealty.com). That platform refreshes MLS data automatically and displays the current Data Last Updated timestamp. This marketing site does not use a static feed date.
IDX Disclaimer:
See MLS Disclaimer above for BeachesMLS IDX attribution and use restrictions. Live listing refresh timestamps appear on justjoshgrant.exprealty.com.
