Florida just passed a proposed constitutional amendment that could significantly increase the homestead exemption and it’s heading to voters in November 2026.
If approved, eligible homeowners could see major savings on non-school property taxes, making the cost of owning in Florida far more attractive.
Here’s why timing matters: buyers who establish Florida residency by end of 2026 may be positioned to benefit sooner. Those who wait? New Florida residents after that could face a 5-year waiting period before receiving the full expanded exemption.
In supply-constrained markets like Palm Beach and West Palm Beach, when tax savings become widely understood, demand tends to follow, and so do prices.
The smartest move isn’t waiting for the market to price it in. It’s getting ahead of it…. with more inventory options, less competition, earlier residency positioning, and potential long-term tax advantages already working in your favor.
If you’ve been thinking about buying in Florida, this may be the moment to get serious. 🌴
Carly Reed
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Palm Beach, Florida
Luxury Real Estate Agent | Douglas Elliman
Wellness, workouts, motherhood, listings & links.
06/01/2026
Just me and the fastest boy alive 💨 making our way around town without reservations 🙏🌴
05/25/2026
Land of the free because of the brave 🇺🇸❤️ Never taking a single day for granted. 🙏
This is the quieter, more private part of the island. No traffic. No crowds. Just wide, some of the widest beaches on all of Palm Beach , kids running barefoot, and that particular kind of calm that only comes when you’re genuinely removed from the noise.
Prices start in the $8M+
Call me to start your search on the North End: 703.303.1467
10/19/2025
BEST WEEKEND EVER CELEBRATING MY BESTIE & BROTHERS ❤️❤️❤️❤️ So excited to officially call you mine !!! Love you both so much
09/02/2025
Feels good to be home 💕Hope everyone had a wonderful Labor Day! Grateful for those who don’t get the day off, our firefighters. 🚒 True superheroes! Thank you for all that you do!
07/27/2025
Summer Salad Sunday 🌽🍑🧀🍅
The key to this salad is everything is local and in-season. When everything is fresh, you barely need a recipe.
Sweet summer corn, heirloom tomatoes, juicy peaches and nectarines.
Creamy burrata
Scatter fresh basil
Flaky sea salt & freshly cracked black pepper
A drizzle of olive oil
Let everything sit at room temp for 10 minutes so the flavors can mingle.
07/01/2025
Visit your bestie at work day 🇺🇸🇺🇸🇺🇸 Still trying to wrap my head around this surreal experience. Stepping into the Oval Office, standing feet away from the original Declaration of Independence, walking the same halls where history was made.
It was humbling, emotional, and something I’ll never forget!!! What moved me most wasn’t just the history or the new stunning gold decor, but the people who have dedicated their lives to serving this country. Through every high and low, quietly doing the work of democracy. (Even across multiple administrations) And no one embodies that more than . I am endlessly proud of this girl for standing by the President’s side for eight years with strength, elegance, and looking 🔥🔥🔥 while doing it all. This visit reminded me just how incredible this country truly is and how many people work every day to keep it that way. 🇺🇸🇺🇸
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Palm Beach, FL