Florida Deposit Interest Rules
no interest requiredFlorida has no statewide requirement that landlords pay interest on security deposits (14 of 51 US jurisdictions do). Your lease may still promise interest — if it does, that promise is enforceable.
Educational information: generated from our Florida law database (last updated 2024-01-01). Not legal advice.
How Florida compares
14 of 51 US jurisdictions require landlords to pay interest on security deposits. Here is how Florida compares with other states in our database.
Frequently asked questions
- Do landlords have to pay interest on security deposits in Florida?
- No statewide statute requires it in Florida, though local ordinances or your lease can add the obligation. No limit on deposit amount. If landlord intends to claim any deposit, must give written notice within 30 days. If no claim, must return within 15 days. Landlord may hold deposit in interest or non-interest bearing account.
- How large can the deposit itself be in Florida?
- Florida sets no statewide statutory maximum on the deposit amount — it is negotiated in the lease.
- When do I get my security deposit back in Florida?
- Generally within 15 days (30-day notice if deductions) after move-out.
Check Your Lease Against Florida Law
Not sure whether your lease complies with Florida law? Upload it and our analyzer flags problem clauses — deposit terms, entry rights, fees and prohibited provisions — using the same statute-backed database this page is generated from.
Analyze My Lease FreeEducational tool — not legal advice. First analysis is free, no signup required.
More Florida lease law guides
Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Florida for your specific situation.