Are you considering turning your Florida home into a rental property? Whether you're relocating temporarily, want to generate passive income, or simply aren't ready to sell, renting out your property can be a smart move.
With Florida's strong rental demand, many homeowners are jumping into the landlord role. But while the opportunity is exciting, it comes with responsibilities and risks.
Before you hand over the keys, it’s essential to prepare your home, understand your legal duties, and protect your investment.
In this guide, Gulf Income Properties shares five crucial tips to help Florida landlords rent out their homes with confidence.
5 Tips for Renting Out Your Home in Florida
Let’s explore five need to know tips to help you rent out your Bradenton home and avoid common landlord pitfalls.
1. Understand What It Means to Be a Landlord
Renting out a property isn't just about collecting a rent check every month—it’s about managing a legal and financial relationship with your tenant.
As a landlord in Florida, you are legally obligated to maintain your rental property in a safe and habitable condition. This includes:
Functioning plumbing and electricity
Adequate weatherproofing
Pest control
Proper waste disposal
You must also comply with Florida's Landlord-Tenant Laws, which govern everything from security deposits to eviction procedures.
For example, landlords must return security deposits within 15 to 60 days after a tenant moves out, depending on whether deductions are made.
In addition Florida has no state income tax, but you’ll still need to report rental income on your federal tax return. If you only rent the property for fewer than 15 days a year, you may not need to report the income.
Although you also can't deduct rental-related expenses. It's best to consult a tax professional to ensure you're following the rules correctly.
2. Get Your Home Ready for Renters
Before listing your home, make sure it’s move-in ready. Florida tenants have high expectations, and a well-prepared property will attract better applicants and justify higher rent.
Here are the key areas to consider:
Deep clean all living spaces, bathrooms, and kitchen areas.
Fix leaks, electrical issues, or broken fixtures.
Service the HVAC system—a must in Florida’s hot climate.
Secure your home, especially if renting out only part of it.
Consider upgrades like fresh paint, new appliances, or landscaping to boost your property’s curb appeal.
If you live near the coast, adding hurricane shutters or impact-resistant windows can be a valuable bonus for safety-conscious renters.
3. Market Your Rental the Right Way
With your home ready to rent, it’s time to showcase it effectively. Florida’s rental market is competitive, and your marketing strategy can make all the difference.
Make sure your listing includes:
High-quality photos
Detailed descriptions of bedrooms, bathrooms, and amenities
Appealing terms like “newly renovated,” “pet-friendly,” or “close to beach”
Mention features that Florida renters value, such as central air, ceiling fans, covered patios, or hurricane safety measures.
Be sure to advertise on multiple platforms like:
Zillow, Trulia, and Apartments.com
Realtor.com or MLS (via a real estate agent)
Facebook Marketplace or local rental groups
If your property is in a tourist-heavy area like Orlando, Clearwater, or Miami, you might consider short-term rental platforms like Airbnb or Vrbo.
Note: Many Florida cities regulate or restrict short-term rentals, so always check local ordinances and HOA rules.
4. Hire a Property Management Company
Managing a rental is time-consuming—and for many Florida landlords, hiring a property management company is the best decision they can make.
Property Managers Handle:
Marketing and tenant screening
Rent collection and accounting
Maintenance and emergency repairs
Lease enforcement and evictions
Compliance with Florida housing laws
They’ll also make sure your lease agreements meet Florida’s legal standards, manage security deposits properly, and stay on top of local regulations—saving you from potential fines or lawsuits.
Most Florida property management companies charge between 8% and 12% of the monthly rent.
Some may include setup fees or charge extra for finding tenants or handling routine maintenance. While it’s an added expense, it can give you peace of mind and free up your time—especially if you live out of state.
5. Screen Your Tenants Thoroughly
Finding the right tenant is one of the most important parts of protecting your rental. Use a rental application to gather key information, and run credit and background checks.
Always verify employment and contact previous landlords for references.
Florida landlords must comply with federal and state Fair Housing Acts, which prohibit discrimination based on race, religion, sex, disability, family status, or national origin.
Apply your tenant screening criteria equally to all applicants and keep thorough records.
Once you’ve chosen a tenant, use a Florida-specific lease agreement that includes:
Rent amount and due date
Security deposit details
Maintenance responsibilities
Entry notice policies
Pet rules and occupancy limits
Avoid using generic leases from the internet. A property manager or attorney can help ensure your lease is enforceable and up to date with Florida law.
Bottom Line
Renting out your home in Florida can be a great way to generate income and maintain ownership of a valuable asset. But to do it successfully, you must be prepared, organized, and informed about state laws and local rental dynamics.
The smartest step you can take? Hire a property management company like Gulf Income Properties.
We bring expertise in marketing, legal compliance, and tenant management—all of which can help protect your property, maximize profits, and reduce stress.
No matter what type of property you’re renting out, these five tips will guide you toward a successful and profitable rental experience.
