Check calculator to see your home's property tax savings after Amendment 3 passes
Key Points:
- Florida voters approved Amendment 3, which aims to reduce property taxes by exempting up to $250,000 of a home's taxable value for primary residences.
- Governor Ron DeSantis launched the Save Our Homes website, featuring an online calculator to help homeowners estimate their 2025 property tax savings under the new amendment.
- Users can enter their home address on the site to view estimated taxes with and without the homestead exemption, as well as their potential annual savings.
- The amendment means homeowners will pay property taxes only on the portion of their home's value exceeding $250,000, significantly lowering tax bills for many.
- DeSantis emphasized that true homeownership should not involve "perpetually paying rent to the government," highlighting the goal of the tax relief initiative.