Florida Real Estate: Frequently Asked Questions

Thinking about buying or selling a home in Florida? You’re not alone—our state continues to be one of the most desirable places to live, whether you’re relocating full-time, searching for a second home, or preparing to sell in a competitive market. Below are some of the most frequently asked questions I hear as a Florida Realtor®—with clear, straightforward answers to help guide your next move.

1. When is the best time of year to sell a home in Florida?

Unlike northern states with strict “spring selling seasons,” Florida real estate stays active year-round thanks to our warm climate and strong demand from out-of-state buyers. However, January through April often sees the highest activity as snowbirds and winter visitors shop for homes. Summer can also be strong with families moving before school starts.

2. Do I need flood insurance in Florida?

Not all Florida homes require flood insurance, but many are located in FEMA-designated flood zones. Even if your property is outside of a high-risk zone, flood coverage is highly recommended because homeowners insurance does not cover flood damage. Always check your property’s flood zone status and consult with your insurance provider.

3. What are property taxes like in Florida?

Florida has no state income tax, which makes property taxes an important source of revenue for local governments. Rates vary by county—usually between 0.8% and 1.5% of assessed value. Homeowners may qualify for exemptions like the Homestead Exemption, which can lower your taxable value and save thousands each year.

4. How do hurricanes affect buying or selling?

Hurricane season runs June 1 through November 30. While storms can temporarily delay closings and insurance underwriting, Florida has strong building codes, and most buyers remain confident in the market. Sellers should be prepared with maintenance records, and buyers should secure insurance early in the process.

5. Can non-residents buy property in Florida?

Yes! There are no restrictions on out-of-state or international buyers. Many seasonal residents purchase second homes or investment properties. If you’re purchasing from abroad, you’ll want to work with a Realtor® experienced in international transactions and consider the FIRPTA tax implications when selling later.

6. How competitive is the Florida housing market right now?

Florida remains a high-demand market, particularly in desirable areas like Citrus County, Tampa Bay, Orlando, and coastal communities. Inventory is growing compared to the past years, so buyers benefit from having ample listings to tour. Sellers still benefit from strong buyer demand, especially if a home is priced right and well-presented.

7. Is Florida a good place to invest in real estate?

Yes. With strong tourism, growing population, and year-round demand, Florida is consistently ranked as one of the best states for real estate investment. Vacation rentals, long-term rentals, and retirement housing are all in demand. Of course, local market knowledge is key—so work with an agent who understands both the neighborhood and zoning rules.

8. How long does it take to close on a home in Florida?

Most transactions close in 30–45 days once under contract, depending on financing, inspections, and title work. Cash purchases can close in as little as 10-14 days. Delays often happen with insurance or appraisal, so having a responsive team in place helps.

9. Do Florida homes come with HOAs?

Many newer communities, condos, and townhomes are governed by Homeowners Associations (HOAs). They often provide amenities like pools, clubhouses, and lawn care, but they also come with rules and monthly or annual fees. Always review HOA documents before purchasing to make sure the lifestyle and costs fit your needs. However, there are still plenty of communities that are not located within HOAs.

Final Thoughts

Whether you’re moving to Florida, selling your property, or just exploring your options, these FAQs cover some of the most common concerns. But every situation is unique—especially here in Citrus County and across Florida’s diverse communities.

👉 If you’re ready to buy or sell, let’s connect. I’d love to walk you through the process and help you make the best decision for your family.

Melynda Collette, Realtor

352-464-5652