Landlord Insurance in Destin FL

Florida is one of the best states for landlords, whether you’re managing long-term leases in cities like Miami, Orlando, and Tampa, or renting out vacation homes in coastal hotspots like Destin, Key West, and Naples. With year-round demand from both residents and tourists, the Sunshine State offers exceptional rental income opportunities. As of the most recent data, approximately 34% of Florida households are renters, making it a prime market for real estate investors and property owners.

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Here are a few key highlights for landlords in Florida:

• Eviction laws in Florida generally favor landlords, allowing for removal of non-paying tenants with as little as 3 days’ notice to pay or vacate, followed by a relatively fast court process.
• Security deposit laws in Florida require landlords to return the deposit within 15 to 60 days after a tenant vacates, depending on whether there are deductions.
• Florida does not have statewide rent control, so landlords have the freedom to set and increase rental rates based on market conditions.
• Landlords may collect a reasonable security deposit amount—while there’s no statutory cap, it’s common to charge one to two months’ rent, especially for vacation rentals.