Do you know how much you would save with the reduction of the property tax in Florida? Here you can calculate it

DeSantis launched a calculator on SaveOurHomesFL.com for homeowners to estimate their savings if his proposal for a $250,000 tax exemption is approved.



MiamiPhoto © CiberCuba

Related videos:

The governor of Florida, Ron DeSantis, launched an online calculator at SaveOurHomesFL.com that allows homeowners to estimate how much they would save on taxes under his proposed tax reform.

The tool, announced by DeSantis on X, welcomes users with a quote from DeSantis: "Truly owning private property should not mean perpetually paying rent to the government."

To use the calculator, homeowners simply need to enter their home address, and the system will display three pieces of information: the estimated taxes for 2025, the estimated taxes with a primary residence exemption of up to $250,000, and the projected annual savings.

The website also includes detailed information about the legislative proposal and a "Myth vs. Reality" section to address the most frequently asked questions.

The calculator was launched days after DeSantis formally presented his plan this week in Tampa and called for a special legislative session starting this Monday to discuss the reform.

The central proposal is to increase the primary residence exemption -currently set at $50,000- to $250,000 of the taxable value of the primary residence.

Under this scheme, a homeowner with a property valued at $400,000 would only pay taxes on $150,000 of taxable value.

According to DeSantis, the measure would eliminate the property tax for 60% of homeowners in Florida, and it would be implemented gradually, with the exemption coming into effect in 2028 if approved.

The governor also announced that the state will create a fund to compensate schools, police departments, and other essential services that currently rely on that revenue.

For homeowners, the benefit would be tangible: the Broward appraiser estimates average savings of $1,800 per year, while in Miami-Dade, the average savings would be around $1,500 annually.

However, the fiscal impact on local governments would be significant: Miami-Dade could lose approximately $500 million in annual revenue, and Broward about $329 million.

Critics point out that the proposal is a watered-down version of DeSantis's original promise to immediately eliminate all property taxes on primary residences, to which the governor responded that the current plan is more likely to pass.

To make it onto the ballot in November 2026, the constitutional amendment needs the support of 60% of both chambers of the Florida legislature; then, for it to be finally approved, it would require a favorable vote from 60% of the electorate.

This proposal is the culmination of more than a year of the governor's fiscal agenda, who since April 2025 has insisted on eliminating property taxes arguing that "of all the taxes that affect Floridians, property taxes are the most significant."

In October, DeSantis had already publicly warned about the burden of these taxes with a phrase that summarized his stance: "We cannot allow our citizens to be driven out of their homes by property taxes."

Economists estimate that completely eliminating taxes on primary residences could result in a loss of up to $14.1 billion annually in revenue for non-school local governments, a figure that highlights the magnitude of the debate looming in the upcoming special session.

Filed under:

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.