Central Florida Industry Update

Industry Update: What Central Florida Homeowners, Buyers & Investors Should Know in 2026

Well, now that you're here, we can finally begin.

You already know how deeply I care about this industry and our membership and I’m genuinely grateful you’re part of this community.

As we move further into 2026, several important shifts are happening in the real estate industry that directly impact homeowners, buyers, investors, and condominium associations here in Central Florida.

Because I serve at both the brokerage and leadership levels within our industry, I stay closely connected to the legislative and regulatory conversations shaping our market. My goal is always the same: to make sure you are informed, protected, and positioned strategically.

Policy & Guideline Updates

ADU (Accessory Dwelling Unit) Approvals Are Expanding

Many Florida municipalities are easing restrictions on Accessory Dwelling Units (ADUs) to help address housing supply and affordability challenges.

This may mean:

• Streamlined approval processes in certain cities
• Increased flexibility for garage conversions and detached units
• More opportunities for multigenerational living
• Potential rental income streams for homeowners

However, zoning regulations, HOA restrictions, impact fees, and rental caps can still apply.

If you’re considering adding an ADU for income or family use, due diligence is critical before moving forward.

Property Tax Conversations & Relief Proposals

There are ongoing discussions at the state level regarding property tax relief and potential restructuring.

While the complete elimination of property taxes would require significant constitutional changes and alternative revenue sources, proposals for expanded exemptions and relief programs are being evaluated.

Important reminders:

• Florida Homestead Exemption still provides valuable savings
• The Save Our Homes cap limits annual assessment increases to 3% for homesteaded properties
• Any major changes would require voter approval

This is something we are watching closely, as it could impact long-term homeownership costs.

FinCEN & Beneficial Ownership Reporting

Under the Corporate Transparency Act, the Financial Crimes Enforcement Network (FinCEN) now requires many LLCs and corporations to file Beneficial Ownership Information (BOI) reports.

If you own investment properties through an LLC or are forming a a new entity to purchase real estate, you may be required to report:

• Individuals who own 25% or more of the company
• Individuals who have substantial control over the entity

Deadlines vary depending on formation date, and non-compliance can carry federal penalties.

While this is not filed through your real estate agent, it is something investors should address with their CPA or attorney to ensure compliance.

Condo Regulations & Required Documentation

Following the legislative reforms after the Surfside tragedy, condominium associations across Florida are experiencing significant regulatory changes.

Key requirements now include:

• Structural Integrity Reserve Studies (SIRS)
• Mandatory reserve funding (reserves often can no longer be waived)
• Milestone inspections for certain buildings
• Increased financial transparency

For buyers, reviewing the following documents is now more critical than ever:

• Association budgets
• Reserve studies
• Board meeting minutes
• Pending or approved special assessments
• Insurance coverage details

We are seeing price adjustments in some older condo communities as associations work through these new funding requirements. Financing can also be affected if reserves are underfunded.

Insurance & Lending Environment

Insurance underwriting remains stricter than in previous years.

Buyers should expect:

• Roof age scrutiny
• Inspection requirements
• Condo master policy review
• Carrier eligibility limitations

Interest rates continue to influence affordability, negotiation leverage, and seller pricing strategy. Strategic positioning is essential in today’s market.

What This Means for You

For Buyers
Education and document review are more important than ever. I strongly recommend a structured review process before going under contract, especially with condominium purchases.

For Sellers
Pricing must reflect current regulatory realities, particularly for older condo buildings and properties with potential insurance challenges.

For Investors
Compliance, entity structuring, and zoning awareness are now critical parts of a smart acquisition strategy.

My Commitment to You

Our industry is evolving, and staying ahead of these changes isn’t optional — it’s essential.

Whether you are buying, selling, investing, or simply evaluating your next move, I’m here to guide you with clarity, strategy, and advocacy.

If you’d like a personalized review of how these updates affect your property or investment goals, let’s schedule a strategy conversation.

Every home tells a story, and I get to help write the next chapter.

I’m not just selling houses, I’m helping people turn their dreams into reality. Every home I show and every client I guide, is another step toward making their vision of the perfect home come true.

This business rewards the agents who stay informed, stay visible, and stay connected.

If you ever want to collaborate, brainstorm, or grab coffee, I’m always open.

You'll be hearing more from me soon — promise.

– Alena