Written by Genevieve Bowen on October 22, 2025
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Miami homeowners who’ve lived in their houses for decades could soon see broader property tax relief as city officials push state lawmakers to expand homestead exemptions for low-income seniors.
The Miami City Commission is to consider a resolution today (10/23) asking the Florida House of Representatives’ Select Committee on Property Taxes to advance a measure for the November 2026 ballot, or a future ballot, that would fully exempt qualifying seniors from ad valorem, or property value-based, taxes. The move aims to help older residents with limited incomes stay in their homes amid rising costs of living and increasing property values across South Florida.
For many Miamians, owning a home is a lifetime investment, but one that can become harder to afford in retirement. The homestead exemption is a key benefit for Florida homeowners, reducing the taxable value of a primary residence and lowering property tax bills.
Seniors who have lived in their homes at least 25 years and meet income limits already qualify for an additional exemption under state law. The proposal before commissioners would urge the state to expand that exemption into a full property tax exemption for homes valued under $250,000.
The resolution, sponsored by Commissioner Ralph Rosado, aligns with recent conversations among state leaders about broader property tax reform. According to the legislative item, Gov. Ron DeSantis and members of the Legislature have voiced interest in potentially reducing or even eliminating ad valorem taxes on real property statewide. Miami’s resolution calls on the state to consider this specific expansion for older residents as part of that broader discussion.
Currently, Florida statutes allow local governments to grant an additional homestead exemption to homeowners who are at least 65, earn below a state-defined income threshold, have lived in their home for at least 25 years and whose property has a just value under $250,000. Miami’s proposed resolution would go a step further, urging the Legislature to make such properties fully exempt from property taxes, rather than partially exempt.
City officials say the goal is to help long-term homeowners “age in place with financial stability.” The resolution says expanded relief could meaningfully support elderly residents without compromising the city’s ability to deliver essential services, which are largely funded by property taxes.
If the state committee supports the idea and recommends it for a future ballot, voters would ultimately decide whether to approve the full exemption for qualifying seniors through a constitutional amendment.