Amendment 3 & Your Orlando Vacation Home Tax | Team Donovan

Posted by Team Donovan on July 29th, 2026

Legislation & Ownership Costs

What Amendment 3 Actually Means for Your Orlando Vacation Home

Published 29 July 2026  ·  Team Donovan

Half a dozen owners have forwarded me the same article this month, usually with some version of the same question attached: is my tax bill about to be cut in half?

The short answer is no. The longer answer is more interesting, and there is one part of it that genuinely matters if you are buying or selling in the resort communities this year — though it isn’t the part being written about.

What is on the ballot

In a special session at the start of June, the Florida Legislature put a property tax amendment in front of voters for 3 November. It needs sixty per cent to pass. The headline provision raises…

Selling at Emerald Island Resort: Why Some Homes Sit

Posted by Team Donovan on July 28th, 2026

Why Some Emerald Island Homes Sell in Eight Days — and Others Sit for Two Years

By James Donovan, Broker/Owner, Team Donovan · Figures as of 15th July 2026

There are two five-bedroom homes on La Isla Drive, a few doors apart. Same builder, same 2,317 square feet, same pool, same gate, same three miles to Disney.

One of them sold this March for $490,000. The other has been on the market for 766 days — over two years — asking $460,000. Less money. Still there.

If you own at Emerald Island and you are thinking about selling in the next year or two, that is the only thing worth understanding about this market. It is not really a market where homes sell slowly. It is a market where homes either sell quickly or barely sell at all, and which of those…

ORLANDO REAL ESTATE MARKET NEWS - June 2026 - Published - 1st July 2026

Posted by Team Donovan on July 1st, 2026

Published July 1st 2026

June "numbers" from the Resort Area Market...

June's median home price came in at $380,000, down 0.2% from May and 1.3% lower than the same month last year, when the median stood at $395,000. The average time for a home to sell and close during June was 145 days — unchanged from May but 10 days longer than a year ago. Homes that came to market over the last 30 days spent an average of 96 days listed, comfortably below the 104-day average recorded over the past 12 months. The resort area recorded 369 closings in June, up from 349 in May and ahead of the 329 closings seen in June 2025. Pending sales — homes under offer or contract — totaled 581, slightly below last month's 604 but above the 535 recorded in June of last year.…