That’s a great point. I’ve been looking at a few properties in Florida as well, and I’ve noticed the same thing—especially with anything closer to the water, insurance costs seem to jump pretty significantly.
It also seems like that’s making things harder for some owners to sell outright without getting creative in how they structure deals.
And yeah, the tax side of things really stands out too. For larger property owners, those tax bills can get pretty heavy, and it definitely adds another layer to the overall picture compared to some other markets.