Florida Amendment 3 Approved: What the New Homestead Exemption Means for Miramar Homebuyers in 2027 and 2028
Published November 5, 2026 | By Monica Roselli, Realtor® | The Roselli Team Florida homeowners have important property tax changes ahead. On November 3, 2026, Florida voters approved Amendment 3, expanding the Homestead Exemption and changing assessment limits for certain properties beginning January 1, 2027. If you own a home in Miramar, Pembroke Pines, Weston, or anywhere in South Florida , you may be wondering: How much could I save? Will I qualify? And should I buy a home before 2027? Here's what you need to know. What Is Florida Amendment 3? Florida Amendment 3 is a constitutional amendment that increases the Homestead Exemption for non-school property taxes and reduces the annual assessment increase cap for certain non-homestead properties. The goal is to provide property tax relief while making homeownership costs more predictable. However, the benefits depend on property eligibility, residency requirements, assessed value, and implementation rules. How Much Is the New Flori...