Short-term rental property taxes in Florida

State checkup now · packet coming

Rentals don’t get Florida’s homestead breaks, so they carry more of the tax, and condo prices have softened in many areas. Recent buyers and condo owners have the best cases. Filing the furnishings return on time is worth up to a $25,000 exemption.

Rental areas

Destin, 30A, Panama City BeachOkaloosa, Walton, Bay countiesState checkup now · packet coming
Orlando and KissimmeeOsceola, Orange, Polk countiesState checkup now · packet coming
Gulf CoastPinellas, Sarasota, Manatee, Lee, Collier counties · Condo prices softest here and in South FloridaState checkup now · packet coming
South Florida and the KeysMiami-Dade, Broward, Palm Beach, Monroe countiesState checkup now · packet coming

Ways to lower the bill in Florida

File Form DR-405 for the furnishings
Filing on time makes the rental eligible for up to $25,000 of exemption on furnishings and equipment. Not filing costs 25% of the tax; filing late costs 5% a month.
When: By April 1
Florida DOR, tangible personal property (PT-114)
Compare the just value with sales
Florida values property as of January 1 and allows 15% for costs of sale. Where condo or home prices have dropped, a recent purchase or nearby sales can show the value is too high.
When: Within 25 days of the TRIM notice (mailed in August)
Check the cap on increases
Rentals and second homes have a cap on yearly increases in assessed value (for non-school taxes), which resets when the property sells. Make sure it was applied.
When: When the TRIM notice arrives
Amendment 3 (2026)

Get the Florida packet when it opens

A Florida packet (petition, sales evidence and DR-405 help) is being built for the August 2027 notices.

General information as of November 2026, not legal or tax advice. Your county’s notice and rules control, and deadlines can change.