Miami Business Licensing & Operations: Pawnbrokers Rules (2026)

Florida Statute Chapter 539, the Florida Pawnbroking Act, occupies the entire field of pawnbroker regulation and preempts local licensing. The Florida Department of Agriculture and Consumer Services (FDACS) issues pawnbroker licenses and audits operations. Loans are capped at 25 percent per month service charge plus a 2 dollar setup fee on a 30-day pawn term. Pawned property must be held a minimum of 30 days before forfeiture, and dealers must capture government-issued identification and submit daily electronic transaction reports to local law enforcement. Miami imposes its own Business Tax Receipt and zoning compliance under Miami 21 but cannot create a substantive pawnbroker license.