Florida Property Taxes. What Every Miami Buyer Must Know.

A few months after closing, the first property tax bill shows up. And the reaction is almost always the same - "Wait. This can't be right." I've seen bills go from $12,000 a year to over $90,000 after a buyer took ownership. Every single time, they say the same thing: why did nobody tell me this? That's exactly why I made this video. 📍 What's covered: 00:00 The Mistake That Costs Buyers Thousands 01:13 The Biggest Myth About Property Taxes in Florida 02:10 The Three Numbers That Determine Your Tax Bill 03:14 How the Millage Rate Actually Works 04:42 Save Our Homes — The Cap That Protects You 07:28 The Homestead Exemption — File by March 1st 09:44 Portability — The Benefit Most Homeowners Leave on the Table 10:59 What's on the November 2026 Ballot 13:45 The Biggest Mistakes I See Buyers Make 14:41 Bonus Content 14:44 Outro --- 💬 DM me before you buy, I walk every client through this before we get to the closing table. --- 🧠 Who this is for: • Anyone buying a home in Miami or South Florida for the first time • Out-of-state buyers relocating from New York, California, or New Jersey • International buyers establishing Florida residency • Current Florida homeowners thinking about moving within the state --- Key things covered in this video: Why the seller's tax bill means nothing to you as a buyer How Save Our Homes works and what resets at closing The Homestead Exemption deadline: March 1st, every year, no exceptions Portability: how to carry up to $500K of tax savings to your next Florida home HJR 1F: the constitutional amendment on the November 2026 ballot that could eliminate property taxes for 60% of Florida homeowners Connect with Rebeca Cruz | RealMiami Top Producing Agent at The Riley Smith Group at Compass 🌐 https://www.compass.com/agents/rebeca... 📩 [email protected] 📱 786-258-6733 🔔 Subscribe for honest Miami real estate education every week. #FloridaPropertyTaxes #miamirealestate #homesteadexemption #floridahomebuying #MiamiRealEstate2026 #SaveOurHomes #movingtomiami #FloridaTaxes #MiamiHomeBuyer #RealMiami