Florida Security Deposit Law
What landlords in Florida need to know about deposit limits, refund deadlines, interest, and penalties for getting it wrong.
Deposit cap
No statutory cap
Refund deadline
15 days
15 days if no deductions; 30 days if the landlord intends to make deductions (with written notice).
Interest required?
No
Interest is only required if the lease or local ordinance requires it.
Separate account?
Not required
Penalty for noncompliance
Failure to follow notice procedures forfeits the landlord's right to keep any part of the deposit.
Statute: Fla. Stat. § 83.49
This page summarizes general state-level rules as of 2026 and does not cover city or county ordinances, which can be stricter. Verify against the statute cited above or with a local attorney before relying on it. See all states.