Could Florida Really Eliminate Property Taxes? Here’s What Governor DeSantis’ Idea Means for Homeowners

By Michelle Cecchini – Shell Realty LLC | Ormond Beach & Volusia County Real Estate

Florida homeowners may soon have one more reason to love the Sunshine State. Governor Ron DeSantis has publicly floated a bold idea: eliminating property taxes across Florida. While it’s far from official policy, the thought of living in a state with no property tax has sparked major buzz among buyers, sellers, and real estate professionals.

As a local expert in Volusia County real estate, I want to break down what this proposal could mean for homeowners in Ormond Beach, Daytona Beach, and beyond—and why it matters even if it never becomes law.

🔍 What Did Governor DeSantis Say About Property Taxes?

During a recent interview, Governor DeSantis mentioned that he’d be open to exploring a future where Florida eliminates property taxes. His goal? Keep Florida competitive, affordable, and attractive to residents and businesses, especially as other states raise their tax burdens.

While DeSantis hasn’t released a formal property tax plan, this comment has turned heads in the Florida real estate market and raised important questions about what would come next.

💰 How Would No Property Tax Impact Florida Homeowners?

1. Lower Monthly Costs for Homeowners

In places like Ormond Beach and Palm Coast, annual property taxes can range from $2,000 to $6,000 or more. Removing those payments would dramatically reduce the cost of owning a home. However, if Florida shifts to higher sales taxes or new fees to compensate, those savings could disappear quickly.

2. Changes to Local Services

Property taxes fund critical services—schools, fire departments, road maintenance, etc. Without this funding source, counties like Volusia and Flagler would need to get creative or risk cutting services.

3. Big News for Real Estate Investors

A property tax-free Florida could supercharge rental investment returns. From short-term vacation homes in Daytona Beach to long-term rentals in Port Orange, the cash flow potential would increase, at least on paper. That said, market adjustments or new regulations could complicate things.

🏡 What Would It Mean for the Florida Real Estate Market?

This proposal, even if theoretical, speaks volumes about the evolving priorities in the Florida housing market. It underscores a shift toward affordability, migration trends, and long-term sustainability.

If passed, it could attract even more out-of-state buyers, retirees, and investors, fueling demand in already-hot areas like Ormond Beach new home communities and Palm Coast developments.

But the flip side? We may see impacts on school quality, emergency response times, and property values if the funding gap isn’t addressed clearly and sustainably.

🗝️ Key Takeaways for Buyers and Sellers

• There is no legislation yet. This is still just an idea.

• Don’t delay your real estate plans waiting for what-ifs. Today’s market still holds real opportunities.

• Stay informed about Florida tax law changes and how they could affect your home value.

✅ Should You Buy or Sell a Home Now?

If you’re considering buying or selling in Volusia or Flagler County, acting based on today’s real estate market is best, not speculation. The idea of no property taxes is fascinating—but it won’t happen overnight (if at all).

Let’s talk about your goals, timing, and how to position your property for success—no matter what changes come down the road.

📍 Michelle Cecchini – Shell Realty LLC

Serving Ormond Beach, Daytona Beach, Palm Coast & surrounding areas📧 ShellRealtyBroker@gmail.com | 📞 (386) 386.717.8005

🔑 Expert guidance in residential real estate, new construction & lifestyle-focused buying