What International Buyers Are Looking for in the Florida Market

ORLANDO, Fla. – November 11, 2025 – Florida Realtors® has released its latest report on the state's international buyer and seller transactions, the 2025 Profile of International Residential Transactions in Florida. International buyer purchases of Florida residential properties between August 2024 and July 2025 showed substantial change compared to the prior 12-month period, with sales counts increasing by 50%. Still, high prices and interest rates, along with economic uncertainty, continue to dampen buyer activity, as sales remain well below pre-pandemic levels. 

With higher sale prices and an increase in transactions, international buyer dollar volume climbed up to $10.4 billion from a multi-year low of $7.1 billion in 2024. Dollar volume was still less than the recent peak of $15.6 billion in 2020. Among those from the countries with the most dollar volume in 2025, Canadians purchased the most in dollar terms by a significant margin. In total, Canadian dollar volume in 2025 was $1.9 billion, a 52% increase from 2024. Colombian buyers staged a big resurgence in dollar volume, increasing spending to $925 million from just $307 million in 2024. As a result, Brazil fell from second to third place in this metric for the first time in several years, despite a modest increase of its own to $762 million. Mexico returned to the Top 5 in dollar volume after a year’s absence, dropping the UK from the ranking.

Higher prices and rising condo fees prohibited buyers of all kinds from closing deals over the past year. Roughly 70% of respondents with international clients had at least one client who ultimately chose not to buy a Florida property, up from 67% in 2024. Price of property was the top reason cited (42%) as the reason buyers did not close. Florida remains a bargain compared to many other options for international buyers looking to purchase in the United States, though competition for property remains strong offering little discount.

Florida has strong appeal and a positive reputation worldwide, yet most international buyers still want to visit before taking the plunge. In 2025, 90% of respondents visited Florida at least once before making a purchase. This compares to 92% 2022 and 89% in 2021 when international buyers were hindered by travel bans in place during the pandemic.

Here are highlights from the 2025 report:

$10.4 Billion

Residential purchases (non-commercial) international buyer dollar volume between August 2024 and July 2025, which is 50% higher than 2024 but still below the recent high-water mark of $15.3 billion in 2022 (August 2021 through July 2022). Higher sale prices and an increase in transactions have pulled international buyer dollar volume up from a multi-year low.

16,400

Number of existing homes purchased in Florida by international buyers, which is 5% of existing-home sales (34% higher from the prior 12-month period level of 10,900)

67%

Share of international buyers whose primary residence is abroad (Type A) (also known as Type A international buyers)

Florida’s top 5 buyer countries by sales

1. Canada (18% of international buyers)
2. Columbia(10%)
3. Brazil (7%)
4. Argentina (6%)
5. United Kingdom (5%)

Florida’s top 5 international buyers by dollar volume

1. Canada ($1.9 B)
2. Columbia ($925 M)
3. Brazil ($762 M)
4. Argentina ($627 M)
5. Mexico ($489 M)

Top international buyer destinations

Miami-Ft. Lauderdale-West Palm Beach (45% of international buyers)

Orlando-Kissimmee-Sanford (13%)

Cape Coral-Ft. Myers (8%)

Tampa-St. Petersburg-Clearwater (7%)

Naples-Immokalee-Marco Island (6%)

North Port-Sarasota-Bradenton (4%)

$442,000

International buyer median purchase price ($390,000 for all Florida existing-homes sold)

60%

International buyers who paid all-cash (47% among all U.S. international buyers)

68%

International buyers who intended to use the property for vacation, residential rental, or both uses

58%

International buyers who purchased single-family units

90%

Percent of international buyers who visited Florida at least once before making a purchase

65%

Percent of international buyers who were referrals of personal and business contacts and former clients, or who were former clients

25%

Respondents who reported clients (either non-U.S. citizen or U.S. citizen) seeking to purchase property abroad

44%

Percent of respondents who speak a language other than English

71%

Percent of respondents who “have not had problems” working with international buyers

Click the blue button below to download the most recent report, the 2025 Profile of International Residential Real Transactions in Florida. If you are visually impaired and need assistance reading the full report, please contact the Research Department at 407.438.1400.