Why I Support Florida's Amendment 3: Keeping Homeownership Affordable on the Space Coast
Why I Support Florida's Amendment 3: Keeping Homeownership Affordable on the Space Coast By Jay Alford, Satellite Beach Real Estate Professional As a real estate professional serving Satellite Beach, I spend my days helping families achieve the dream of homeownership and protecting their biggest investment. One of the most common concerns I hear from homeowners today isn't just rising insurance costs. It's property taxes. That's why I support Florida Amendment 3, a proposed constitutional amendment that would significantly increase Florida's homestead exemption and provide meaningful property tax relief for homeowners across the state. The amendment would increase the homestead tax exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028 while also reducing the annual assessment cap on non-homestead properties from 10% to 5%. Helping Homeowners Stay in Their Homes Florida's strong real estate market has been a blessing for many homeowners. Incre...