State tax on the gain
Florida has no state income tax for individuals, so there is no state capital gains tax on your sale. Your exposure is entirely federal: capital gains rates, depreciation recapture, and possibly the 3.8% net investment income tax.
Does Florida recognize 1031 deferral?
Nothing to conform to — Florida takes no position on individual capital gains or their deferral. The federal 1031 rules run the entire show: deadlines, qualified intermediary, identification, and the equal-or-greater tests.
Withholding at closing
No state income tax withholding applies at closing. One cost Floridians sometimes mistake for a tax on the exchange: documentary stamp taxes on deeds (and intangible tax on new mortgages) still apply to the transactions themselves, exchange or not — they're transfer costs, not income tax, and they aren't deferred by the 1031.
Exchanging into another state
Exchanging out of Florida creates no trailing state claim — there is no deferred Florida tax to track. As with other no-income-tax states, the caution runs the other way: gains exchanged into Florida from states with clawback rules (California most famously) carry the origin state's claim with them. Florida's popularity with relocating investors makes this the single most common cross-border wrinkle here.
Run your numbers with the Florida rate →The calculator takes your state tax rate — see the full deferral including the state layerState tax rules change and have exceptions this page can't cover. Confirm current rates and filing requirements with a tax professional licensed in Florida.