Relocation Guide
Relocating to Florida?
Everything out-of-state buyers need to know before making the move — top markets, the buying process, taxes, cost of living, and how to work with a Florida broker from anywhere in the country.
Why Buyers Are Moving to Florida
No State Income Tax
Florida levies zero state income tax, making it one of the most financially attractive states for earners, retirees, and business owners moving from high-tax states.
Year-Round Climate
Warm weather 12 months of the year, 230+ average sunshine days annually, and access to beaches, waterways, and outdoor recreation across the state.
Strong Population Growth
Florida gains an estimated 1,000+ new residents per day — consistently among the fastest-growing states — driving housing demand and long-term appreciation.
Business-Friendly Environment
No corporate income tax for most businesses, low regulatory burden, and a growing tech and aerospace economy — particularly around Orlando and the Space Coast.
Homestead Exemption
Primary residents qualify for up to $50,000 off assessed value, plus the Save Our Homes cap limiting annual tax increases to 3% — significant long-term tax protection.
Hub Connectivity
Orlando International Airport is one of the busiest in the country. Easy access to direct flights to major East Coast cities, Latin America, and Europe.
Top Markets for Relocation Buyers
Orlando Metro
- ✓Nation's top tourist and entertainment hub
- ✓Diversified economy — tech, healthcare, aerospace
- ✓Strong job market and high rental demand
- ✓Multiple world-class school systems
- ✓Easy I-4 and 417 connectivity statewide
Space Coast
- ✓Lower cost of living vs. Orlando and South Florida
- ✓Aerospace/defense economy (SpaceX, NASA, Boeing)
- ✓Ocean-to-river living — Indian River Lagoon
- ✓Melbourne airport with growing connectivity
- ✓Fastest-growing county in Florida by % population
Melbourne
- ✓Mid-sized city feel with coastal proximity
- ✓Strong industrial and flex-space market
- ✓Top-rated public schools
- ✓Active downtown with restaurants and waterfront
- ✓Florida's Tech Corridor anchor city
The Out-of-State Buying Process
Define your criteria and budget
Before searching, clarify: property type, price range, use case (primary residence, investment, or commercial), preferred market, and timeline. We'll send you a market briefing tailored to your goals.
Get pre-approved
For financed purchases, secure a pre-approval before making offers. As a licensed mortgage loan officer, Ryan can connect you with Florida lenders or discuss financing options directly.
Virtual tours and remote search
We conduct live video walkthroughs of shortlisted properties, provide detailed inspection reports, and share comparable sales data. Most out-of-state buyers narrow their list to 2–3 properties before visiting.
In-person due diligence trip
We recommend one visit to walk your top properties, experience the neighborhoods, and meet local professionals (attorneys, inspectors, title agents). We coordinate logistics for efficient multi-property days.
Offer, contract, and inspection
Florida contracts use standardized FAR/BAR forms. Inspection period is typically 10–15 days. We review all reports and negotiate repairs or price adjustments on your behalf.
Title and closing
Florida is a title-state — a licensed title company handles closing. Many closings can be completed remotely via DocuSign and wire transfer. Closing funds are typically wired 24–48 hours before closing.
Florida Cost of Living — Quick Snapshot
| Category | Orlando | Space Coast | vs. NYC / LA |
|---|---|---|---|
| Median Home Price | $395K | $340K | 50–70% lower |
| State Income Tax | 0% | 0% | 0–13.3% savings |
| Avg. Property Tax Rate | ~0.9% | ~0.85% | Similar to national avg |
| Avg. Home Insurance | $3,500/yr | $3,800/yr | Higher due to hurricane |
| Avg. Commute Time | 28 min | 24 min | Shorter than major metros |
Figures are approximate and based on 2025 data. Consult a local professional for precise numbers specific to your situation.
Frequently Asked Questions
Do I need to visit Florida in person to buy?
Not necessarily. Many out-of-state buyers complete their purchase remotely using virtual tours, DocuSign contracts, and a trusted local agent. That said, we strongly recommend at least one in-person visit before going under contract on any significant purchase.
How does Florida's homestead exemption work?
If you make a Florida property your primary residence, you qualify for a homestead exemption of up to $50,000 off your assessed value, reducing your annual property tax bill. Additionally, the Save Our Homes cap limits annual tax assessment increases to 3% or CPI (whichever is lower) once homesteaded.
Is there a state income tax in Florida?
No — Florida has no state income tax, making it one of the most tax-favorable states for high earners, retirees, and business owners relocating from states like New York, California, or Illinois.
What are closing costs like in Florida?
Buyers typically pay 2–5% of the purchase price in closing costs, including title insurance, lender fees, prepaid taxes and insurance, and doc stamps on the mortgage. Our free Buyer Net Sheet calculator lets you estimate your cash-to-close before you make an offer.
Which Florida market is best for relocation?
It depends on your priorities. Orlando offers metro amenities, job diversity, and no state income tax. The Space Coast (Brevard County) provides lower cost of living, waterfront access, and proximity to the aerospace industry. Both markets have strong appreciation histories. Talk to Ryan to align your search with your goals.
Can I buy commercial real estate in Florida as an out-of-state buyer?
Yes — out-of-state investors regularly acquire Florida commercial properties remotely. We help buyers underwrite deals, review leases, and close without requiring multiple trips to Florida. Many of our 1031 exchange clients are out-of-state buyers.
Ready to Start Your Florida Relocation Search?
Ryan Solberg works regularly with out-of-state buyers and investors relocating to Central Florida and the Space Coast. Let's talk about your goals — residential, commercial, or both.
Or call directly: (321) 586-2121