Dave Ferro
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Florida's decision to permanently repeal the commercial rent sales tax—effective October 1, 2025—has set the stage for significant changes in the commercial real estate landscape across North Central Florida. This move is a game-changer for property owners, tenants, and realtors alike, removing a longstanding financial hurdle that made Florida the only state to levy such a tax. Here's a deep dive into what you can expect, what to keep in mind, and how to make the most of this new business environment.
As of October...
The Gainesville market does not have many buildings that feature overhead doors with dock high access. Here are two great options! Click the addresses for more information.
A multifaceted bill will net Fla. $1B from internet sales and eventually lower the business rent tax from 5.5% to 2% – a major Florida Realtors legislative priority.
TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a taxation bill (SB 50) into law on Monday. While the new law covers a number of taxation issues, one element lowers the business rent tax, which was a major Florida Realtors® priority this year and in previous years.
The bill should raise about $1 billion by collecting taxes...
