What would Amendment 3 change for homeowners in Delray Beach and Boca Raton? It's on the Nov. 3 ballot, so here are the facts.

Quick answer: If approved, Amendment 3 would raise Florida's homestead exemption for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, per the Florida Policy Institute's summary. New residents after Jan. 1, 2027 would wait five years for the bigger exemption. The Palm Beach Post says it could cost Delray more than $8.3 million a year and Boca $8.2 million.

What does Amendment 3 do?

It raises the homestead exemption for all levies except school district taxes: $150,000 in 2027, then $250,000 in 2028. As a constitutional amendment, it needs 60% of the vote to pass.

When is the vote on Amendment 3?

Nov. 3, 2026, on the general election ballot.

Does Amendment 3 affect people moving to Florida?

Yes. Anyone who establishes Florida residency after Jan. 1, 2027 would have to keep it for five years before getting the bigger exemption. If you're planning a move here, that date matters.

How much could Amendment 3 cost Delray Beach and Boca Raton?

The Palm Beach Post reported on Oct. 8 that it could cost Delray Beach more than $8.3 million in annual revenue and Boca Raton $8.2 million a year.

How can I estimate my own savings?

The Palm Beach County Property Appraiser has an estimate calculator at pbcpao.gov. (More background: Should you buy if homeowners feel better about their money?)

My own view: I'm voting yes on Amendment 3. That's my vote, not advice on yours. Read the ballot language and decide for yourself.

I'm a realtor with eXp Realty in Delray Beach and Boca Raton, and a lot of my clients are asking how this affects timing.

Have questions about buying before or after Jan. 1, 2027? Call or text me at 954-817-9463.

Sources

• Florida Policy Institute, "Amendment 3: Property Tax Ballot Language Summary and Local Fiscal Impacts" (updated July 21, 2026): https://www.floridapolicy.org/posts/florida-property-tax-amendment-ballot-language-summary

• The Palm Beach Post, Oct. 8, 2026, "Amendment 3 could cost Delray Beach more than $8.3M in annual revenue": https://www.palmbeachpost.com/story/news/politics/elections/2026/10/08/amendment-3-could-cost-delray-beach-more-than-8-3m-in-annual-revenue/91569094007/

• The Palm Beach Post, Oct. 8, 2026, "Amendment 3 could cost Boca Raton $8.2M in annual revenue": https://www.palmbeachpost.com/story/news/politics/elections/2026/10/08/amendment-3-could-cost-boca-raton-8-2m-in-annual-revenue/91569124007/

• Palm Beach County Property Appraiser estimate calculator: https://www.pbcpao.gov