What Would It Cost to
Move to Florida?
Florida has no state income tax — but the move is not free, and the carrying cost here is not zero either. Windstorm insurance and the post-sale property-tax reset take back part of the win. Enter your numbers and see the one-time cash, the new annual cost, and the month the move pays for itself.
1 · Where You Live Now
Optional — override my current property tax, insurance & capital gain
Your origin state taxes the gain on real property located there even after you become a Florida resident. Moving first does not avoid it.
2 · The Florida Home
3 · The Move Itself
Annual Carrying Cost, Side by Side
Florida
Where the One-Time Money Goes
Claiming the Homestead Exemption
Severing Domicile
The two numbers that move most are insurance and the property-tax reset — and both are negotiable before you write the offer.
Important Disclaimer — Please Read. This tool is provided free of charge, for general educational and informational purposes only. It does not constitute tax, legal, financial, insurance, investment, real estate, or other professional advice of any kind, and it should not be relied upon as the basis for any decision to relocate, to change your state of domicile, to purchase, sell, finance, invest in, lease, or hold any real property, or to purchase or decline any insurance coverage.
Why this is free. This tool is offered at no cost as an introduction to The Gioia Group at Nationwide Realty International, LLC. Its purpose is to begin a conversation with a licensed professional — never to replace one. Using this tool, or sending us your contact information through it, does not create a brokerage, agency, fiduciary, employment, or attorney-client relationship of any kind, does not make you a client, and obligates you to nothing. If you share your details with us, a member of The Gioia Group may contact you about your real estate search.
State and local income tax figures are simplified estimates applied to a single "taxable income" figure. They ignore deductions, exemptions, credits, alternative minimum tax, pass-through entity elections, retirement-income sourcing, deferred compensation, equity compensation vesting attributable to services performed in the origin state, and every other feature of a real tax return. Property-tax figures assume the assessed value resets at sale and current adopted millage; non-ad-valorem assessments are not included. Insurance and flood figures are banded estimates, not quotes. Moving and closing costs are typical ranges, not bids. Figures may contain discrepancies, omissions, or inaccurate or outdated information.
Changing your state of domicile is a legal determination, not a checkbox. California and New York in particular audit departing residents aggressively, and a taxpayer who keeps a home, family, or substantial time in the origin state may remain taxable there for years after moving. Nothing in this tool establishes, evidences, or guarantees a change of domicile. No warranty of any kind, express or implied, is made as to the accuracy, completeness, or timeliness of any information provided. Information here must not be used against The Gioia Group, Nationwide Realty International, LLC, or any person affiliated with them.
Assumption of risk and hold harmless. By using this tool, you agree that The Gioia Group, Nationwide Realty International, LLC, and their respective members, officers, agents, employees, brokers, workers, and affiliates shall not be liable for any loss, damage, cost, or claim of any kind arising from or related to your use of, or reliance on, this tool or the information it provides — including any discrepancies, omissions, or inaccurate or outdated information — and you agree to hold each of them harmless from any such claim. Information here must not be used against them. Any decision you make is your own.
Always consult a professional first. Before you move, change your domicile, or buy, sell, invest in, lease, or hold any real property — or take any action based on anything you read here — always consult a licensed attorney and a licensed real estate professional, together with a qualified tax attorney or CPA licensed in your origin state. Only a licensed professional reviewing your specific situation can advise you. The Gioia Group would be glad to be that real estate professional.
Talk to a real person
These tools are free and they cannot advise you. We can. No cost, no obligation — ask us anything about a building, a number, or a move.