Big News for Florida Homeowners: DeSantis Proposes Property Tax Rebate and Long-Term Relief Plan

Governor Ron DeSantis has unveiled a bold new tax proposal that could significantly impact homeowners across the Sunshine State. As part of his latest economic plan, Florida residents could see immediate savings through a new property tax rebate in 2025, with a more ambitious long-term goal: the complete elimination of property taxes by 2026.

If you’re a Florida homeowner—or considering making the move—here’s what you need to know.

✅ A 2025 Property Tax Rebate: Relief Is On the Way

The first part of the proposal is a statewide rebate designed to provide immediate relief to homeowners this year. While exact amounts will vary based on local tax rates and assessed home values, many Floridians can expect to save hundreds to thousands of dollars.

This initiative is especially welcome news for homeowners who have seen rising valuations push their annual tax bills higher despite living on fixed or modest incomes.

🏡 The Bigger Vision: Eliminating Property Taxes in 2026

Looking ahead, Governor DeSantis is pushing for a constitutional amendment to fully eliminate property taxes as early as 2026. The move, if approved by voters, would mark a seismic shift in how Florida funds local governments—and how much residents spend to own property here.

Benefits of this proposal include:

• No annual property tax bills.

• Greater long-term affordability for families, retirees, and new homeowners.

• Increased buyer demand, which may drive up property values.

🌴 Shifting the Tax Burden to Tourists

So how will local services be funded without property taxes?

Governor DeSantis proposes offsetting the lost revenue by increasing tourism-related taxes, especially targeting international visitors from countries like Canada and Brazil. The idea is to leverage Florida’s massive tourism economy to relieve the financial burden on full-time residents.

This "resident-first" approach aims to keep more money in the pockets of Floridians while still fully funding schools, infrastructure, and public safety services.

🔍 What This Means for Homeowners, Buyers, and Sellers

If you're a current homeowner, this plan could significantly lower your cost of living. If you're in the market to buy or sell, the potential elimination of property taxes may:

• Boost home values by increasing demand.

• Make Florida real estate more attractive to out-of-state buyers.

• Add to the long-term appeal of owning a home here versus renting.

At Patriot Home Group by SERHANT., we’re watching this proposal closely and advising our clients on how it could affect buying or selling decisions in 2025 and beyond.

📩 Want to know how this could affect your home value or strategy? Reach out to Patriot Home Group by SERHANT. today. We’re here to guide you through every market shift—big or small.