Florida Amendment 3 Explained with Cyndee Haydon Ep 346

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Florida Amendment 3 Explained with Cyndee Haydon Ep 346

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Florida's Amendment 3 could reshape property taxes, but what does it mean for homeowners, renters, and future buyers? In this episode of the Real Estate Excellence Podcast, Tracy Hayes sits down with Cyndee Haydon. Cyndee Haydon, Broker Associate with Future Home Realty and Treasurer of Florida Realtors, to discuss the proposal ahead of the November 3, 2026 election. They explain how Amendment 3 would increase the homestead exemption for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, potentially providing significant savings while leaving school taxes unchanged. Cyndee breaks down how the amendment could impact current homeowners, first-time buyers, renters, investors, and people relocating to Florida. The discussion covers Save Our Homes protections, portability, residency requirements, and the proposed 5% non-homestead assessment cap. Tracy raises concerns about local government budgets, emergency services, and potential tax shifts to businesses and renters. Cyndee explains Florida Realtors' support for the amendment, emphasizing responsible government spending, essential services, and long-term housing affordability. With 60% voter approval required, understanding Amendment 3 is essential before Election Day. Watch this episode to explore its potential benefits, challenges, and effects on Florida property taxes. HighlightsTop of FormBottom of Form 00:00–12:19 Understanding Amendment 3 Proposed Property Tax ChangesFlorida's Government FundingRising Costs and SpendingFirst-Time Buyer ChallengesHousing and Retirement Costs 12:19–21:39 Homeowner Tax Savings Property Tax ReliefBuyer Residency RulesTax Savings and School FundingHomestead Exemption BenefitsWhy Tax Relief Matters 21:39–36:25 Government Budgets and Public Safety Protecting Emergency ServicesGovernment Spending TransparencyImpact Across Florida CountiesRising Property Tax BillsGovernment Spending Accountability 36:25–44:12 Homestead and Rental Properties Save Our Homes and PortabilityFlorida Residency RequirementsImpact on Renters5% Assessment CapRental and Investment Properties 44:12–1:07:53 Tax Shifts and Affordability Tax Shifts and Public ServicesGovernment Budgets and RevenueFlorida Realtors' SupportBudget Planning and ImplementationHousing Affordability and Growth 1:07:53–1:18:35 Voting and Final Takeaways Amendment 3 True or False60% Voting RequirementFlorida Realtors' Next StepsFuture Housing PoliciesFinal Thoughts and Resources Quotes: "When the math doesn't math, it doesn't work." – Cyndee Haydon "Your Save Our Homes cap is the same. Your portability is the same" – Cyndee Haydon "We do not have to choose between safe neighborhoods and tax relief." – Cyndee Haydon "Would more room in your budget help your family?" – Cyndee Haydon To contact Cyndee Haydon, learn more about her business, and make her a part of your network, make sure to follow her Website, X, Instagram, Facebook, YouTube, and LinkedIn. Connect with Cyndee Haydon! Website: https://www.skool.com/ai-thats-easy-implementer-club/about X: https://x.com/cyndeehaydon Instagram: https://www.instagram.com/cyndeehaydon/ Facebook: https://www.facebook.com/cyndeehaydon/ YouTube: https://www.youtube.com/user/cyndeehaydon LinkedIn: https://www.linkedin.com/in/cyndeehaydon/ Connect with me! Website: toprealtorjacksonville.com Website: toprealtorstaugustine.com SUBSCRIBE & LEAVE A 5-STAR REVIEW as we discuss real estate excellence with the best of the best. #FloridaAmendment3 #PropertyTaxRelief #FloridaRealEstate #FloridaPropertyTaxes #HomesteadExemption #HousingAffordability #FloridaHomeowners #RealEstateExcellence #TracyHayes #CyndeeHaydon #FloridaRealtors #HomebuyerTips #PropertyTaxSavings #FloridaHousingMarket #RealEstatePodcast

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