real-estate
FPI statement on governor’s call to gradually eliminate all property taxes on homesteads
By Community News Releases at Community Newspapers
· June 12, 2026
· 1 min read
Florida Policy Institute (FPI) recently released a statement from FPI CEO Sadaf Knight after Gov. Ron DeSantis called on the state legislature to consider increasing Florida’s homestead exemption to $250,000 and to put forth a schedule that would gradually eliminate all property taxes on homesteads.
Key takeaway Ron DeSantis called on the state legislature to consider increasing Florida’s homestead exemption to $250,000 and to put forth a schedule that would gradually eliminate all property taxes on homesteads.
Why this matters in The Miami
In Miami, where the cost of living is already high and sea-level rise threatens property values, the proposal to eliminate property taxes on homesteads could have significant implications. For homeowners in flood-prone areas like Miami Beach, the potential tax savings could be a welcome relief, but it may also shift the tax burden to other types of properties, such as commercial buildings in areas like Brickell and Wynwood. This could have a ripple effect on local businesses and the overall economy. Additionally, the loss of property tax revenue could impact the funding of essential public services, including the Miami-Dade County Public Schools and the Miami Police Department, which are critical to the well-being of Miami's diverse communities, including Little Havana and other neighborhoods. As the state legislature considers the governor's proposal, Miamians will be watching closely to see how it could affect their community.
About this story
Original reporting by Community Newspapers . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: real-estate ·
Published: June 12, 2026 ·
Source: Community Newspapers ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Florida Policy Institute (FPI) recently released a statement from FPI CEO Sadaf Knight after Gov. Ron DeSantis called on the state legislature to consider increasing Florida’s homestead exemption to $250,000 and to put forth a schedule that would gradually eliminate all property taxes on homesteads.
When was this published? This article was first published on June 12, 2026 by Community Newspapers and curated for The Miami readers.
Who reported this story? This story was reported by Community News Releases at Community Newspapers. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more real-estate coverage from The Miami, or browse our daily briefing and topic hubs .
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