The 239 Weekly · Florida Property Taxes

Florida’s Amendment 3, on the Nov. 3 ballot, would raise the non-school homestead exemption to $150,000 in 2027 and $250,000 in 2028, and lower the annual assessment cap for non-homestead property from 10% to 5%. It needs 60% of voters to pass, and recent polls range from 42% to 63% support.

A home near the beach in Naples, Florida, illustrating property owners affected by Florida Amendment 3
A Naples home (illustrative photo).

Polls on Florida’s Amendment 3 disagree sharply as Election Day approaches, according to RISMedia (Oct. 14, 2026). This summary covers what the amendment does and what the polls show. It is information, not a recommendation on how to vote.

What Florida Amendment 3 Would Do

Homestead exemption and non-homestead cap

Homestead exemptionRaised for non-school property taxes to $150,000 in 2027 and $250,000 in 2028
After 2028Inflation adjustments start in 2029
School taxesNot covered by the expanded exemption
Non-homestead capAnnual assessment increase cap lowered from 10% to 5%
Effective dateJan. 1, 2027, if approved

What the Amendment 3 Polls Show

Support ranges from 42% to 63%

An NBC 6 South Florida and Mason-Dixon poll released Oct. 7 found 55% yes, 26% no, and 19% undecided. A Sun Sentinel article cited three other polls showing 63%, 55%, and 42% support. Because passage requires 60%, the polls differ on whether the amendment clears the bar.

NBC 6 / Mason-Dixon (Oct. 7)55% yes, 26% no, 19% undecided
Sun Sentinel (Oct. 13)Three polls showing 63%, 55%, and 42% support; sponsors not named in the RISMedia summary
Threshold60% of voters must vote yes

Who Supports and Who Opposes Amendment 3

The main arguments, as reported

Florida RealtorsMain backer; has spent $18 million on the Vote Yes on 3 campaign and frames it as affordability relief
Florida Policy InstituteEstimates more than $460 million in public safety funding at risk over two years and $12 billion in recurring local revenue losses
Gov. Ron DeSantisSupports the amendment; his claim that it eliminates property taxes for 60% of homeowners is disputed by some analysts

What Amendment 3 Could Mean for Naples Property Owners

Homestead owners and second-home owners

Naples has a large share of both full-time homestead owners and seasonal or investment owners, so the two parts of the amendment touch different groups.

Homestead Owners

Primary residents would see a larger exemption on the non-school portion of their property taxes. School taxes are not affected.

Second-Home Owners

Non-homestead properties, including seasonal homes and rentals, would see annual assessment increases capped at 5% instead of 10%.

Buyers

If approved, the changes take effect Jan. 1, 2027. Ask how a property is currently assessed before you buy.

Individual tax outcomes depend on each property’s assessment and exemptions. Consult the Collier or Lee County Property Appraiser or a tax professional for your situation.

Florida Amendment 3: FAQ

Quick answers

What does Florida Amendment 3 do?

It would raise the non-school homestead exemption to $150,000 in 2027 and $250,000 in 2028, add inflation adjustments starting in 2029, and lower the non-homestead assessment cap from 10% to 5%.

How many votes does Amendment 3 need to pass?

It needs 60% of voters to vote yes in the Nov. 3 election.

What do the latest Amendment 3 polls say?

Polls cited range from 42% to 63% support, including 55% yes in an Oct. 7 NBC 6 and Mason-Dixon poll.

Does Amendment 3 affect school property taxes?

No. The expanded homestead exemption applies to non-school property taxes only.

When would Amendment 3 take effect?

If approved, it would take effect Jan. 1, 2027.

Source: RISMedia. Details are drawn from that report; verify before relying on them for a decision. This post is informational and is not a recommendation on how to vote.

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