Florida · as of September 2026
What counts as luxury real estate in Florida
The convention this site uses
In Florida, this site treats homes at $2M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Florida's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Jupiter Island | $10,140,000 | 10 |
| Golden Beach | $7,539,000 | 10 |
| Fisher Island | $7,005,000 | 10 |
| Manalapan | $3,800,000 | 10 |
| Gulf Stream | $2,761,000 | 10 |
| Pinecrest | $2,212,000 | 10 |
| Palm Beach | $2,140,000 | 11 |
| Bal Harbour | $1,945,000 | 10 |
| Key Biscayne | $1,708,000 | 10 |
| Coral Gables | $1,559,000 | 10 |
| Islamorada | $1,239,000 | 10 |
| Captiva | $1,204,000 | 10 |
| Key West | $1,007,000 | 10 |
| Longboat Key | $948,000 | 10 |
| Lighthouse Point | $774,000 | 11 |
| Windermere | $707,000 | 11 |
| Jupiter | $705,000 | 12 |
| Naples | $680,000 | 10 |
| Miami | $560,000 | 10 |
| Fort Lauderdale | $480,000 | 11 |
| Sarasota | $470,000 | 10 |
| Winter Park | $465,000 | 11 |
| Bonita Springs | $451,000 | 10 |
| West Palm Beach | $420,000 | 10 |
| Delray Beach | $415,000 | 10 |
| Boca Raton | $385,000 | 11 |
| Orlando | $385,000 | 11 |
| Tampa | $380,000 | 10 |
| St. Petersburg | $370,000 | 10 |
| Coconut Grove | $295,000 | 10 |
What changes at this price in Florida
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Florida charges a documentary stamp tax on deeds of $0.70 per $100 of price (0.7 percent), customarily paid by the seller. Miami-Dade County charges $0.60 per $100 on single-family residences and adds a $0.45 per $100 surtax on other property. Source
- Agency and dual agency
- Florida prohibits dual agency in residential transactions. Licensees are presumed to act as transaction brokers unless a single agent or no brokerage relationship is established in writing. Source
- Seller disclosure
- Florida has no statutory seller disclosure form, but under Johnson v. Davis a seller must disclose known facts that materially affect value and are not readily observable, and every residential contract must include the property tax disclosure summary required by section 689.261. Source
- State estate or inheritance tax
- Florida levies no state estate tax and no inheritance tax, so only the federal estate tax applies to a large estate. The Florida Constitution bars the state from levying an estate tax beyond the former federal credit. Source