With a 150k income, you're right on target for purchasing a home in Florida. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $450,000 and $600,000.

In Miami, the median home price is approximately $550,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Tampa and Orlando offer appealing options at around $450,000. With a property tax rate of 0.85%—amounting to roughly $4,675 per year—and a cost of living close to the national average, your income comfortably supports homeownership across the state.