Investment property in the USA: what to buy in Florida and what it costs
Apartments and houses for sale in Miami, Miami Beach and Orlando, rental yields, taxes on buying and owning.
According to Florida's property tax roll, in 2025 the median apartment cost about $7,900 per square metre in Miami and about $2,100 in Orlando. A furnished apartment by a lake in Orlando is for sale at $109,900, a studio three minutes from the beach in Miami Beach at $140,000, and a four-bedroom house in Orlando at $239,900. A foreigner buys a home in the USA without permits, and the USA does not grant residence for a purchase.
Below are the most interesting offers on sale now, from $109,900 in Orlando to $499,000 for a house near Kendall in Miami, prices by city, rental yields, taxes on top of the price and the rules for foreign buyers. A manager will confirm what is for sale today and the exact price.
The market in brief
Prices and rules as of 2026.
Which properties investors buy in the USA
A manager will select a property in Florida to match your requirements and send the documents, floor plans and similar options to the chat.
A furnished apartment with a boat dock on a lake in Orlando
$109,900
A 59 m² apartment in a lakefront complex on Lake Pineloch, in the SoDo area south of downtown Orlando. It is sold with furniture and kitchenware and is ready to move into. The wiring was updated, the air conditioning was replaced in 2017 and the building's roof in 2023. A boat can be kept at the dock. The HOA fee is $577 a month. One-bedroom apartments here rent for a median $1,380 a month, about 8.8% a year after the fee.
A studio three minutes from the beach in North Beach
$140,000
A 38 m² studio on the second floor of a small 1958 building on Harding Avenue: a bright room with views of the street and the city, a large walk-in closet that works as a study, and a bathroom. The beach, oceanfront parks, supermarkets and pharmacies are a three-minute walk away. It can be let straight away, with no waiting period. The HOA fee is $506 a month. Studios in this area rent for a median $1,540 a month, about 8.9% a year after the fee.
A four-bedroom house to renovate in east Orlando
$150,000
A single-storey 167 m² house built in 1962 on a 780 m² plot in Arcadia Acres: four bedrooms, two bathrooms and a guest toilet, with parking at the house. The house is sold for renovation. A park and walking trails are nearby, and downtown Orlando and the hospitals are reached by the 408 and 417 expressways. After renovation HUD puts the rent of a four-bedroom house in this area at $2,540 a month.
An apartment in an Art Deco building three blocks from the beach
$205,000
A 39 m² one-bedroom apartment in a historic 1939 Art Deco building in Flamingo-Lummus: a living room, a bedroom and a bathroom, bright rooms with the original finishes. The courtyard is fenced and the building has a laundry. The beach, Ocean Drive, Lincoln Road and Flamingo Park are three blocks away. The HOA fee is $540 a month. One-bedroom apartments here rent for a median $1,800 a month, about 7.4% a year after the fee.
A four-bedroom house on a corner plot with a new roof
$239,900
A single-storey 102 m² house built in 1968 on an 893 m² corner plot: four bedrooms, two bathrooms, new kitchen appliances and quartz countertops. The roof is two years old and the air conditioning is new. The back yard is fenced, there is a 3 × 3.7 m shed, and there are no neighbours on either side. The theme parks and downtown Orlando are close by. Four-bedroom houses here rent for a median $1,970 a month, about 9.9% a year.
A corner studio with a Biscayne Bay view in a building with two pools
$329,000
A 55 m² corner studio in a 2007 building in Edgewater, opposite Margaret Pace Park: an open layout, plenty of light, views of Biscayne Bay and downtown Miami. The building has two pools, a gym, a sauna, a cinema room, valet parking, a concierge and round-the-clock security. Wynwood, Brickell and Miami Beach are a few minutes away. The HOA fee is $535 a month. Studios here rent for a median $2,260 a month, about 6.3% a year after the fee.
A three-bedroom house with a large yard near Kendall
$499,000
A single-storey 119 m² house built in 1960 on an 843 m² plot in Richmond Heights, next to Kendall: three bedrooms, one and a half bathrooms and an open layout. The floors are new, the main bathroom has just been renovated, the air conditioning is new and the house is ready to move into. There is a large yard behind the house. Schools and shops are nearby, and the Florida Turnpike is a few minutes away. Three-bedroom houses here rent for a median $2,000 a month, about 4.8% a year.
What property in Florida costs in 2026
According to Florida's property tax roll, in 2025 the median apartment cost about $7,900 per square metre in Miami, $6,700 in Miami Beach and $2,100 in Orlando. Houses in Miami Beach are the most expensive, at about $12,600 per square metre. Orlando is the cheapest: the median house there sold for $439,000 and the median apartment for $190,000, while the house to renovate in the cards costs $150,000.
| Where | Per m², median | Median sale price |
|---|---|---|
| Miami Beach, houses | ~$12,600 | ~$3,475,000 |
| Miami, apartments | ~$7,900 | ~$617,000 |
| Miami Beach, apartments | ~$6,700 | ~$570,000 |
| Miami, houses | ~$5,700 | ~$799,000 |
| Miami-Dade County | ~$4,100 | ~$559,000 |
| Orlando, houses | ~$2,800 | ~$439,000 |
| Orlando, apartments | ~$2,100 | ~$190,000 |
Data for 2025: median price per square metre and per sale from market sales in the Florida tax roll (Florida Department of Revenue); dollars rounded up.
What yield renting out gives
The properties in the cards rent at 4.8-9.9% a year before tax: highest for the four-bedroom house in Orlando, lowest for the house near Kendall in Miami, and the apartments in Miami Beach give 7.4-8.9% after the HOA fee. The calculation uses the median rent from the 2020-2024 US census, which is below new-lease rates, so the yield has a margin. For new leases in the 2027 fiscal year HUD puts rents higher: $2,210 a month for the studio in North Beach, $2,870 for the four-bedroom house in Orlando and $3,350 for the three-bedroom house near Kendall, utilities included.
| Tax | Rate |
|---|---|
| A non-resident's rental income | 30% of the gross rent or, at the owner's choice, tax at graduated rates on net income after expenses and depreciation |
| Florida state income tax | the state does not levy it |
| Property tax | about 2% of the assessed value a year: in Miami in 2025-26 the county, the city and the school district levied 18.3 mills, that is $18.30 per $1,000 |
| Homestead exemption | up to $50,000 off the assessment, only if the home is the owner's permanent home in Florida |
| Sale | the buyer withholds 15% of the price towards a foreign seller's tax, and the tax itself is calculated on the gain in the return |
| Inheritance | a non-resident with more than $60,000 of US assets files an estate tax return |
Data for 2026: the yield follows the median rent from the 2020-2024 US census and HUD rates for fiscal year 2027; taxes follow the IRS and the Florida Department of Revenue; countries are compared in the rental yield table.
Tax on rent from a US property is paid in the USA, whether or not the owner lives there. Rates and examples are on the page taxes in the USA.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Documentary stamp tax on the deed | 0.7% of the price in Orlando; in Miami-Dade County 0.6% plus 0.45% for apartments, only 0.6% for a single-family house |
| Title search and title insurance | paid at closing at the Florida state rate |
| HOA fee | $506-577 a month for the apartments in the cards; the association pays for building repairs from the reserve fund or a special assessment |
| Payments | the deposit and the price go to the account of a title company or an independent escrow agent, and no US account is needed for the purchase |
| Inspection | a home inspection, the structural inspection report for buildings over 30 years old and the association's reserve study |
Data for 2026. The $205,000 apartment in Miami Beach from the cards: documentary stamp tax of $2,153 (0.6% and 0.45%). The $499,000 single-family house near Kendall: $2,994 (0.6%). A manager calculates the total for a specific property.
In Florida the building's structure and reserve fund are checked before the deposit
Mistakes cost more than the tax: a building over 30 years old without a structural inspection, an association reserve fund with no money for the roof and facade, a repair assessment already approved, a ban on letting the apartment in the first year of ownership, an address in the zone restricted by the state law. Murblz support removes these risks: we select a property for your budget and goal, check the structural reports, the association's budget and rules, plan the ownership structure and run the deal until title is registered.
The cost of support depends on the purchase budget and the goal, investment or relocation; a manager will calculate it in the chat.
Does the purchase give a residence permit
Buying a home does not give residence in the USA: investment routes are separate programmes, described on the pages US Gold Card and permanent residence in the USA. With a tourist visa the owner visits their apartment as a guest, and a manager will send homes for relocating on a work or investor visa to the chat.
There are no federal restrictions on foreign buyers. A 2023 Florida law applies to people domiciled in several countries named in the law who are not US citizens or green card holders: they cannot buy property within 10 miles (16 km) of military sites and critical infrastructure. The exception is one home on a plot of up to 2 acres (0.8 ha) more than 5 miles (8 km) from military sites with a non-tourist visa. A citizen of those countries who lives in another country buys on general terms. A manager will check a property's address under this law.
How we select a property
- Budget and goal: an investment, a home to live in or a house for the family. The manager clarifies the city, the area and the payment method.
- A selection of real properties: apartments and houses with the seller's price, floor area, year built, HOA fee and a yield calculation.
- Checks: title and title insurance, the building's structural reports, the association's budget and rules, the flood zone and the address under the state law.
- A remote deal: a contract with the deposit paid to a title company, a home inspection, closing and registration of title in the county.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
Options in other countries
Investment property in other countries:
- Investment property in Turkey: what to buy and what it costs
- Investment property in the UAE: what to buy in Dubai and what it costs
- Investment property in Serbia: what to buy and what it costs
- Investment property in Brazil: what to buy and what it costs
- Investment property in Georgia: what to buy and what it costs
- Investment property in Spain: what to buy and what it costs
- Investment property in Italy: what to buy and what it costs
- Investment property in Bulgaria: what to buy and what it costs
- Investment property in Cyprus: what to buy and what it costs
- Investment property in Montenegro: what to buy and what it costs
- Investment property in Greece: what to buy and what it costs
- Investment property in Thailand: what to buy and what it costs
- Investment property in Bali: what to buy and what it costs
- Investment property in Paraguay: what to buy and what it costs
- Investment property in Portugal: what to buy and what it costs
- Investment property in Egypt: what to buy and what it costs
- Investment property in Panama: what to buy and what it costs
- Investment property in France: what to buy and what it costs
- Investment property in the UK: what to buy and what it costs
More on buying in this country:
- Property in the USA for foreigners: rules, taxes and the deal
- How to buy an apartment in the USA
- US Gold Card
- Permanent residence in the USA
- Taxes in the United States
- Miami: what to see and whether to move there
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does property in the USA cost in 2026?
Can a foreigner buy property in the USA?
Does buying property give residence in the USA?
What yield does renting out property in the USA give?
What taxes apply when buying property in Florida?
Where to buy investment property in the USA?
Can you buy property in the USA remotely?
How long does buying property in the USA take?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
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