Amendment 3 Could Cut Property Taxes for Brevard Homeowners

Florida voters are being asked to weigh in on Amendment 3, a measure that could meaningfully reduce the property tax burden for qualifying homeowners across the state. For those who have established a homestead in Brevard County, the numbers are worth paying attention to.

According to projections released by Florida TaxWatch, eligible homesteaded property owners in Brevard could see their non-school property taxes drop by somewhere between $352 and $1,131 in 2027. The relief would grow in the following year, with potential savings ranging from $710 to roughly $2,279 in 2028. The wide range reflects differences in assessed home values across the county — owners of higher-valued properties would generally see the larger end of those figures.

It's important to note that this relief applies only to non-school portions of the property tax bill, and only to homesteaded properties — meaning primary residences where the owner has filed for the Florida homestead exemption. Investment properties, vacation homes, and rentals would not qualify.

For anyone researching a permanent relocation to the Space Coast, this is a relevant data point. Brevard County already offers a relatively affordable cost of living compared to South Florida metros, proximity to Kennedy Space Center and a growing aerospace job market, and easy access to Atlantic beaches. Tax relief of this scale, if voters approve the amendment, would add another layer of financial incentive for buyers who plan to put down roots here rather than rent or invest. You can read the full breakdown in the original report.

What this means if you're moving to Florida: If you're planning to purchase a primary home on the Space Coast and file for homestead exemption, Amendment 3 could put hundreds — or even a couple thousand — dollars back in your pocket each year starting as soon as 2027.