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Everything you need to know about owning a house in

Florida

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Florida

Details about Florida

Florida, the Sunshine State, is truly captivating – with its amazing coastlines, lush, palm-fringed beaches, and tropical splendor. Whether it’s basking in the radiant sunshine, exploring the enchanting coral reefs, or savoring the tangy sweetness of freshly picked oranges, Florida’s allure is as boundless as the ocean horizon.

From the vibrant cityscapes of Miami, with its pulsating energy and art-deco architecture, to the enchanting theme parks of Orlando, Florida offers a diverse living experience for residents and visitors alike.

The major urban areas in Florida include Miami, Tampa, Orlando, Jacksonville, and Fort Lauderdale. These metropolitan areas are home to a significant portion of the state’s population and contribute to its economic and cultural diversity.

The average home cost in Florida is approximately $387540. According to real estate experts, property values in Florida have increased by 3.2% in the past year. A house in Florida usually goes to pending in around 21 days.

Rental price in Florida ranges from $963 to $2,804 a month – depending on the location, size, property type, and neighborhood. The average rent is about $1,790. This amount is much higher than the national average of $1,468.

State highlights

Florida has an exceptional climate with abundant sunshine and mild winters. The weather is conducive to year-round outdoor activities, making it a haven for beach lovers, nature enthusiasts, and sports enthusiasts.

The place boasts a diverse and thriving economy – it’s home to numerous industries, including tourism, aerospace, technology, agriculture, and healthcare.

So, there are ample employment opportunities for residents which contribute to a strong and stable economy. Additionally, Florida has a business-friendly environment, attracting entrepreneurs and investors from around the world.

The state of Florida features stunning Atlantic Ocean beaches, white sands of the Gulf Coast, crystal-clear water bodies, lush wetlands, and diverse wildlife. You can visit the Everglades National Park, a UNESCO World Heritage site, to explore the unique ecosystem.

Culturally, Florida embraces its multicultural heritage, reflected in its vibrant arts scene, festivals, and cuisine – with influences from Latin America, the Caribbean, and beyond.

Moreover, Florida’s recreational opportunities are abundant. From world-class amusement parks to a multitude of golf courses, water sports, and nature reserves, the state offers a plethora of entertainment options for people of all ages. What’s more, Florida has a strong sports culture and hosts several professional sports teams.

Interestingly, Florida has long been a popular retirement destination for its favorable tax climate, affordable cost of living in certain areas, good amenities, and quality healthcare facilities.

Geographic location

Florida lies in the southeastern region of the United States. It is situated on a large peninsula that extends into the Atlantic Ocean and the Gulf of Mexico. It’s bordered by the states of Georgia and Alabama to the north and shares maritime borders with the Bahamas and Cuba to the south. The state is known for its extensive coastline, which stretches over 1,300 miles and includes numerous beaches and coastal cities.

Climate

Florida’s climate is one of its biggest draws. With its mild winters and long, sunny summers, the state offers a pleasant year-round climate for those who enjoy warmer temperatures. The abundance of sunshine is particularly appealing to people seeking a sunnier and more outdoor-oriented lifestyle.

However, keep in mind that Florida is prone to tornadoes and hurricanes. Every year, hurricanes represent a serious hazard, especially from August to October.

Demography

Florida’s population was approximately 21,538,187 as of the 2020 Census. The state has a diverse racial and ethnic makeup. According to the U.S. Census Bureau’s data for 2020, the largest racial/ethnic groups in Florida were:

  • White (including Hispanic and non-Hispanic): Approximately 56%
  • of the population.
  • Hispanic or Latino: Approximately 27% of the population.
  • Black or African American: Approximately 17% of the population.
  • Asian: Approximately 3% of the population.
The median age in Florida was 42.4 years in 2020.

Cost of Living

Florida has a relatively affordable cost of living compared to many other states in the United States. The state does not have a state income tax, which is a significant advantage for residents.

Keep in mind that housing costs vary depending on the location within Florida, with major cities like Miami and Orlando generally having higher home prices.

Utilities, including electricity, water, and internet, are generally priced at or slightly above the national average. Transportation costs, such as gasoline and car insurance, tend to be lower due to the relatively flat terrain. Groceries and healthcare expenses are also typically in line with the national average. While there may be regional variations, Florida’s reasonable cost of living makes it an attractive destination for individuals and families seeking a balance between affordability and quality of life.

Transportation

Owning or renting a car is a popular transportation choice because of the flexibility it provides. It helps that Florida has a well-developed road network, including major easy-to-navigate highways. Public transportation is also available in many cities, with options such as buses and trains.

Additionally, some cities in Florida have bike-sharing programs and pedestrian-friendly areas, which can be great for short distances or exploring urban areas.

Schools

Florida’s emphasis on education is noteworthy. The state is home to several prestigious universities and colleges including the University of Florida, Florida State University, the University of Miami, and the University of Central Florida. The state attracts students from across the nation and the globe. Its commitment to fostering a well-educated population is evident through its strong education system, research facilities, and innovative programs.

What is the state like?

Florida encompasses a wide array of desirable qualities. Its pleasant climate, robust economy, natural beauty, diverse culture, recreational opportunities, and commitment to education make it an appealing place to live, work, and visit.

All in all, Florida offers both a high quality of life and an abundance of opportunities for growth and enjoyment.

Of course, there are some challenges in the state such as the ongoing Florida insurance crisis that is leading the insurance market toward a collapse-like situation.

If you’re planning to move to Florida, you must do your due diligence in understanding the new place and the state laws thoroughly. The next step is to find a safe neighborhood and a house that meets your needs.

Full Bathroom Remodeling Cost in Florida

Large home sizes$15,512
This is the estimated cost for a large home size of 2,996 square feet
Average home sizes$12,461
The estimated cost for a typical home of 2,246 square feet, which is 3.6% more than the country average
Small home sizes$9,609
Estimated cost for a small (and cozy) home of 1,499 square feet

Comparing Full Bathroom average prices in Florida's top cities

Florida avg: $12,461

Country avg

$10,646
west palm beach
$11,351
clearwater
$12,029
naples
$12,243
plantation
$12,372
miami gardens
$12,652
sarasota
$12,867
cape coral
$13,988
boca raton
$15,661
jupiter
$22,731
miami beach
$16,669
fort lauderdale
$14,742
pompano beach
$13,580
miami
$12,741
melbourne
$12,625
pinellas park
$12,302
st augustine
$12,216
lakeland
$11,564
bradenton
$11,013
tampa
$10,367
largo

The average cost for remodeling a Kitchen across the country is: $11,795

FAQ for Florida homeowners

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