Florida Amendment 3 Passed: What It Changes for Rental Property Owners From January 1, 2027
TALLAHASSEE, Nov. 7, 2026: Florida voters approved Amendment 3 on November 3. For rental property owners, the key change is a 5% cap on yearly assessment increases for non-school taxes from January 1, 2027; the bigger homestead exemptions do not reach rentals.
- Landlords