
How Much Does Property Management Cost in Florida? Fees Explained for Landlords
Thinking about hiring a property manager in Florida? You’re not alone. Whether you're renting out a home in Deltona, a duplex in Kissimmee, or a townhome in Lake Nona, understanding how much property management costs can help you make smarter investment decisions.
Let’s break it down in plain English.
Why Hire a Property Manager in Florida?
Managing a rental isn’t just about collecting rent—it’s about screening tenants, handling repairs, staying compliant with state laws, and keeping your cash flow in check. A property manager in Florida takes care of all that for you—especially useful if you're a long-distance landlord or just want more free time.
Typical Property Management Fees in Florida
Monthly Management Fee
Most Florida property management companies charge 8% to 12% of your monthly rent.
For example: If your rent is $1,800/month, expect to pay about $144 to $216/month in management fees.
In cities like DeLand or St. Cloud, where rent prices are more affordable, the percentage is often the same—but the actual fee will be lower.
Setup or Onboarding Fee
This is a one-time fee when you first sign on. Usually ranges from $250 to $500, depending on the company and the complexity of your property.
Leasing Fee
When a property manager finds a new tenant, they often charge a leasing fee, which is either:
One full month’s rent, or
50%–100% of the first month’s rent
This covers marketing, showings, screening tenants, and lease signing.
Lease Renewal Fee
When the lease is renewed (without replacing the tenant), you might be charged a flat fee—typically $100 to $200.
Maintenance Markup
Some property managers charge a small markup (around 10%) on maintenance work. Others pass vendor invoices directly to you with no extra charge.
Eviction Fee
If eviction becomes necessary, your property manager may charge an eviction coordination fee, ranging from $200 to $500, plus legal costs.
Hidden Costs to Watch Out For
Not all fees are obvious. Here are a few things to ask before signing:
Do you charge for vacant properties?
Are there cancellation or transfer fees?
What’s included in the monthly fee vs. billed separately?
Are Property Management Fees Worth It?
For many landlords, yes.
If you:
Live out of town
Own multiple properties
Don’t want to handle maintenance calls at 10 PM
... then hiring a property manager can save time, reduce stress, and even improve tenant retention.
What Affects Property Management Costs in Florida?
Location Matters
Property managers in Lake Nona or Kissimmee may charge more due to higher market rents and demand.
Type of Property
Single-family homes tend to cost less to manage than multifamily or commercial properties.
Services Included
Full-service packages cost more but may include everything from legal support to detailed monthly financial reports.
FAQs About Property Management Cost in Florida
How much does it cost to hire a property manager in Florida?
Typically 8–12% of the monthly rent plus leasing and renewal fees.
Are property management fees tax-deductible?
Yes! Property management expenses are usually considered deductible as part of your rental property operating costs.
Can I manage my own property to save money?
Yes—but expect to handle tenant issues, emergency repairs, legal paperwork, and marketing.
FAQs About MainStreet Realty’s Property Management Services
What areas do you serve?
We proudly serve Deltona, DeLand, Orange City, Lake Helen, Osteen, Lake Nona, St. Cloud, and Kissimmee.
Do you charge hidden fees?
Nope. We keep things transparent and clear. Everything is explained upfront in our management agreement.
How can I get started?
Contact us for a free consultation or a custom proposal for your rental property.
Invest Smart with the Right Management Team
Property management fees in Florida vary, but they’re a smart investment when done right. At MainStreet Realty, we help property owners turn rentals into stress-free, income-generating assets.
Thinking about renting out your home?
Let’s talk! We’d be happy to walk you through your options.
Email: [email protected]
Address: 2 Volusia Drive Debary, FL, 32713
Phone Number: Orlando: 407-789-0925 | Volusia: 386-259-2426 | Lake:352-729-1425