Home Equity in Florida: How Much Can You Cash Out? (2026)
With Florida's median value near $410,000 and a typical $226,000 balance, homeowners can access about $122,500 at 85% combined LTV — through a HELOC, a fixed home equity loan, or a cash-out refinance.
Most Florida owners who bought years ago hold significant equity. A HELOC or home equity loan lets you borrow against it without touching a low first-mortgage rate.
Accessible equity by Florida county
| County | Est. Value | Equity at 85% CLTV |
|---|---|---|
| Miami-Dade County | $590,000 | $176,500 |
| Broward County | $545,000 | $163,250 |
| Palm Beach County | $520,000 | $156,000 |
| Hillsborough County | $400,000 | $120,000 |
| Orange County | $420,000 | $126,000 |
| Duval County | $330,000 | $98,500 |
| Pinellas County | $400,000 | $120,000 |
| Lee County | $430,000 | $128,500 |
| Polk County | $330,000 | $98,500 |
| Brevard County | $390,000 | $116,500 |
| Pasco County | $400,000 | $120,000 |
| Volusia County | $360,000 | $108,000 |
| Seminole County | $420,000 | $126,000 |
| Sarasota County | $500,000 | $150,000 |
| Manatee County | $470,000 | $140,500 |
| Osceola County | $390,000 | $116,500 |
| Collier County | $640,000 | $192,000 |
| Marion County | $300,000 | $90,000 |
| Lake County | $410,000 | $122,500 |
| St. Lucie County | $410,000 | $122,500 |
| Escambia County | $410,000 | $122,500 |
| Leon County | $410,000 | $122,500 |
| Alachua County | $410,000 | $122,500 |
| St. Johns County | $410,000 | $122,500 |
| Clay County | $410,000 | $122,500 |
| Okaloosa County | $410,000 | $122,500 |
| Hernando County | $410,000 | $122,500 |
| Bay County | $410,000 | $122,500 |
| Charlotte County | $410,000 | $122,500 |
| Santa Rosa County | $410,000 | $122,500 |
| Monroe County | $840,000 | $252,000 |
How to tap equity in Florida
Start with your numbers: home value minus what you owe, capped at 85% of value. Then pick the tool — a revolving HELOC for flexible access, a fixed home equity loan for a lump sum, or a cash-out refinance if a new first-mortgage rate beats your current one. Compare two or three lenders, since margins and fees vary.
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Frequently Asked Questions
- How much home equity can I tap in Florida?
- On a $410,000 home with a $226,000 balance, about $122,500 at 85% CLTV. Your exact limit depends on the lender, your credit, and the appraisal.
- Is a HELOC or cash-out better in Florida?
- If your first mortgage rate is low, a HELOC or home equity loan is usually cheaper because it keeps that rate. A cash-out refinance only wins when today's rate beats your current one.