Buying · Insights

Buying a Snowbird or Second Home in Florida

By Arthur Simpson — Florida Attorney, Broker & CIPS

A Florida winter home is a dream for many — and a smart move done right. Here's what second-home and snowbird buyers should know before they buy.

Homestead vs. second home

Florida's homestead exemption applies only to your permanent residence. A second home doesn't get it — but if you later make Florida your primary home, the tax benefits (and no state income tax) can be substantial.

Insurance for a part-time home

A home that sits empty part of the year has different insurance needs. Tell your insurer it's a second home, and consider coverage and monitoring for the months you're away — especially in hurricane season.

Rent it while you're away?

Some snowbirds offset costs by renting when they're north — but short-term rental rules and HOA/condo restrictions vary widely by location. Confirm what's allowed before you buy if rental income matters.

Financing a second home

Second-home and investment loans differ from primary-residence financing (often a bit more down). We'll connect you with the right lender and help you choose a property that fits your seasonal lifestyle. Plan your Florida getaway →

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Frequently asked questions

Can I get the homestead exemption on a second home in Florida?
No. The homestead exemption applies only to your permanent primary residence. A second or vacation home does not qualify, though making Florida your primary home later can unlock significant tax benefits.
How does insurance work for a part-time/snowbird home?
A home vacant part of the year has different needs — insure it as a second home and consider coverage and monitoring for the months you are away, especially during hurricane season.
Can I rent out my Florida second home when I'm away?
Sometimes — but short-term rental rules and HOA/condo restrictions vary a lot by location. Confirm what is permitted before buying if rental income is part of your plan.
Is financing different for a second home?
Usually. Second-home and investment loans often require a bit more down payment and have different terms than primary-residence financing. We can connect you with the right lender.

Keep reading: How Much Does It Cost to Sell a House in Florida? · Florida Homestead Exemption: How to Lower Your Property Taxes · Buying a Beachside Home in Volusia County: What to Know · All insights →

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About the author — Arthur Simpson

Arthur is a Florida attorney, licensed real estate broker, and Certified International Property Specialist (CIPS), and a member of the Real Property and International Law Sections of The Florida Bar. He founded Simpson & Simpson Realty to give Volusia & Flagler families — and buyers from around the world — a brokerage with a real estate attorney's eye on every deal. Meet Arthur & the family →