Florida property investment guides

It depends entirely on what you buy. Florida condo values are down roughly 9.9% statewide with supply at 8.8 to 13.2 months, which has created genuine buying conditions for the first time in years. But the same forces that cut prices, SB 4-D reserve funding and repriced insurance, also raised carrying costs. A well-reserved building at a reduced price can work; an underfunded one at any price usually does not.

Gross yields run roughly 3% to 10% depending on market and strategy. Net yields typically land near 2% to 5% after HOA, non-homestead property tax, insurance, management at 20% to 25%, and vacancy. Central Florida short-term rental and lower-entry markets such as Lakeland and Ocala sit at the higher end; Miami and Naples condos at the lower end, where the case is appreciation and liquidity rather than cash flow.

Yes. There is no citizenship, visa or residency requirement to own US real estate, and the purchase can be completed remotely. The practical constraints are financing, where foreign national mortgages typically require 25% to 30% down, FIRPTA withholding of 15% on eventual sale, no homestead exemption, and SB 264 restrictions that apply to buyers from specific countries.

Underwriting from gross rent. The fee stack in Florida is unusually heavy and unusually volatile: association insurance, SB 4-D reserve contributions, the non-homestead assessment cap, tourist development tax on short-term rentals, and CDD assessments on newer master-planned communities. A model that starts from a nightly rate and applies a generic expense ratio will be wrong by a wide margin.