Tax Benefits: Florida is one of the few states with no state income tax, making it an attractive option for high-income earners and retirees.
Year-Round Warm Climate: The state’s pleasant weather, combined with stunning coastlines, makes it an ideal location for both primary and vacation homes.
Booming Population: In recent years, Florida has seen a surge in population growth, driven by out-of-state movers from colder, high-tax areas like New York and California. This has kept demand for homes high, even as prices increase.
Tourism: With major attractions like Disney World, the Florida Keys, and Miami’s vibrant nightlife, tourism significantly influences both the short-term rental market and home prices.