Home  ›  Florida $250K Homestead Exemption — Seminole County
November 2026 Ballot · Updated June 2026

Florida's $250,000 Homestead Exemption: What It Could Mean for Your Seminole County Home

On June 2, 2026, the Florida Legislature sent a historic property tax amendment to the November ballot. Here's what's actually in it, who qualifies, and what it could mean for homeowners, buyers, and sellers in Lake Mary, Sanford, Longwood, and across Seminole County — in plain English.

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Kelly Nadeau · Broker Associate · NMLS #1027618 Ray Nadeau · Broker Associate · NMLS #1027617 Lake Mary, FL · Serving Seminole County & Central Florida
What Just Happened

The Legislature passed it. Now it's up to Florida voters.

In a special session, Florida lawmakers approved a constitutional amendment (HJR 1-F) that would dramatically expand the homestead exemption. It now goes on the November 2026 general election ballot, where it needs at least 60% voter approval to become law.

Today, Florida homeowners who live in their home as a primary residence get up to $50,000 in homestead exemptions. The amendment would raise the exemption for non-school property taxes in two steps:

Today$50,000

Current homestead exemption (up to $25K applies to all taxes; up to another $25K to non-school taxes).

Jan 1, 2027$150,000

First step if the amendment passes — exemption tripled for non-school property taxes.

Jan 1, 2028$250,000

Full exemption. For many Seminole County homes, non-school property taxes could drop to zero.

Important: School district taxes are not affected. This amendment applies to non-school levies only (county, city, and certain special districts). Nothing changes unless voters approve it in November 2026.
The Seminole County Math

What could it mean for a home in Lake Mary, Sanford, or Longwood?

Every city in Seminole County has its own millage rates, so the impact varies street by street. But here's a simple way to think about it.

An additional $200,000 of exemption (going from $50K to $250K) applied against typical non-school millage rates in Seminole County could mean savings roughly in the four-figure range per year for many homesteaded owners — and for homes assessed near or below $250,000, non-school property taxes could be eliminated entirely.

Your SituationWhat the Amendment Could Mean
Long-time owner
Homesteaded in Seminole County for years
You may see the largest benefit — full exemption increase, on top of your existing Save Our Homes assessment cap.
Recent FL buyer
Homesteaded before Jan 1, 2027
You may qualify for the expanded exemption as the increases phase in. Confirm your homestead filing is active with the Seminole County Property Appraiser.
Moving to Florida
Buying after Jan 1, 2027
There's a catch — see the 5-year residency rule below. You'd receive current exemption levels until you qualify.
Investor / 2nd home
Non-homesteaded property
The expanded exemption doesn't apply, but the annual assessment-increase cap would drop from 10% to 5% — meaningful protection over time.
Illustration only — not tax advice. Actual savings depend on your city's millage rates, your assessed value, and final implementing legislation. Market and tax data approximate. Consult a qualified tax professional about your specific situation.
The Part Nobody's Talking About

Moving to Florida? There's a 5-year residency catch.

Here's the detail that matters most if you're relocating from New York, New Jersey, California, or anywhere else: the full benefit isn't immediate for newcomers.

Under the amendment, first-time Florida homeowners buying after January 1, 2027 would generally need to establish five years of residency before qualifying for the expanded "super exemption." Until then, they'd receive the current exemption levels.

What does that mean in practice? Establishing Florida residency sooner may matter more than ever. If you're planning a move to Central Florida, the timing of your purchase and your residency could affect your tax picture for years.

Relocating to Lake Mary?

We work with relocating executives and families every week — and we coordinate the full picture: the home search, the timing, and the financing through our mortgage side. One conversation can save you from an expensive misstep. Call (407) 544-4704 or start with our Lake Mary relocation guide.

For Buyers & Sellers

Could this change Seminole County home values?

Lower carrying costs tend to support demand. If the amendment passes, owning a homesteaded primary residence in Florida becomes more affordable relative to renting and relative to other states — and that may strengthen the case for buying in communities like Lake Mary, Heathrow, and Markham Woods over time.

If you're selling: the amendment could become a selling point for your home — especially to out-of-state buyers comparing total cost of ownership. If you're buying: today's market already favors you with more inventory and more negotiating room than recent years; a potential tax cut on top of that is a bonus, not a reason to wait. No one can promise what voters will decide in November.

  • June 2, 2026

    Florida Legislature passes HJR 1-F in special session and places it on the ballot.

  • Now → November

    Campaign season. Expect heavy news coverage and plenty of confusion — this page stays updated.

  • November 2026

    Florida voters decide. 60% approval required to pass.

  • January 1, 2027

    If approved: exemption rises to $150,000 for non-school taxes.

  • January 1, 2028

    If approved: exemption reaches $250,000.

Get Pre-Approved Today

Kelly & Ray Nadeau · Equity Smart Home Loans · NMLS #856170

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Questions We're Hearing

Florida $250K Homestead Exemption — FAQ

It's a proposed constitutional amendment (HJR 1-F) passed by the Florida Legislature on June 2, 2026. If voters approve it in November 2026, the homestead exemption for non-school property taxes would rise from $50,000 to $150,000 on January 1, 2027, then to $250,000 on January 1, 2028. School district taxes are not affected.

It's on the November 2026 general election ballot. The amendment needs at least 60% voter approval to take effect. Make sure your voter registration is current.

No. The expanded exemption applies only to non-school levies — county, city, and certain special districts. School district taxes continue as they do today.

Not right away. First-time Florida homeowners buying after January 1, 2027 would generally need five years of residency before qualifying for the expanded exemption. Until then, they'd receive the current exemption levels. Details may be refined by implementing legislation — confirm with a tax professional before making decisions.

The expanded exemption applies only to homesteaded primary residences. However, the amendment would also lower the annual assessment-increase cap on non-homestead properties from 10% to 5% — a meaningful long-term benefit for investors and second-home owners.

There's no universal answer. The vote's outcome is uncertain, and the right timing depends on your equity, your goals, and the specific home. Today's market already gives buyers more selection and negotiating room than recent years. A short conversation about your situation is the practical first step — call us at (407) 544-4704.

Talk To Us

How would the amendment affect your home?

Tell us about your situation — owning, buying, selling, or relocating — and Kelly or Ray will follow up personally. No pressure, no obligation.

Prefer to talk now? Call (407) 544-4704

One conversation. Zero pressure. Real local answers.

Kelly & Ray Nadeau · Lake Mary's hometown broker team

Call (407) 544-4704
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