Florida Eliminates Sales Tax on Commercial Rent: What It Means for the Market

Is Florida now the most competitive market for commercial real estate? As of October 1, 2025, the answer may very well be yes. Florida has officially eliminated the sales tax on commercial leases. This means tenants renting office, retail, or industrial space will no longer pay state or local sales tax on their rent. It’s […]
What Orlando may do with long-vacant historic downtown tower

A long-vacant tower downtown could see new life if the city of Orlando’s community redevelopment agency buys the property. The 10-story, 46,730-square-foot building at 1 N. Orange Ave. is among four properties the CRA has proposed purchasing. One North Orange LLC currently owns the building, and the proposed sales price is $9.59 million. The building has […]
How Orlando’s iconic Parliament House ended up downtown

Parliament House — Orlando’s iconic gay resort — now has a future home in downtown Orlando, but it took months of negotiations and failed deals to land a space. The search for a new home started around November 2020 when Parliament House officially shuttered at 410 N. Orange Blossom Trail after 45 years in operation there. […]