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Tampa, FL Business Licensing & Operations: Pawnbrokers (2026)

Heavy Restrictions
Compiled from the official code textEditor Martyn O'NeillLast verified May 2026

Key Facts

State law
FS 539.001
Service fee cap
25% monthly
Hold period
30 days
Surety bond
$10,000

Summary

Pawnbrokers in Tampa must hold a Florida Pawnbroker License under FS Chapter 539, charge no more than 25 percent monthly service fees, report daily transactions, and obtain a Tampa business tax receipt before opening.

539.001 The Florida Pawnbroking Act. — (1) SHORT TITLE. — This section may be cited as the "Florida Pawnbroking Act." [...] (3) LICENSE REQUIRED. — (a) A person may not engage in business as a pawnbroker unless the person has a valid license issued by the agency. A separate license is required for each pawnshop. The agency must issue more than one license to a person if that person complies with the requirements for each license. (b) A licensee who seeks to move a pawnshop to another location must give written notice to the agency at least 30 days before the move, and the agency must amend the license to indicate the new location. The licensee must also give such written notice to the appropriate law enforcement official. (c) Each license is valid for a period of 1 year unless it is earlier relinquished, suspended, or revoked. Each license shall be renewed annually, and each licensee shall, initially and annually thereafter, pay to the agency a license fee of $300 for each license held. [...] (f) Any person applying for or renewing a local occupational license to engage in business as a pawnbroker must exhibit a current license from the agency before the local business tax receipt may be issued or reissued.

Source: Florida Pawnbroking ActView official code

Full Breakdown

Florida Statute Chapter 539, the Florida Pawnbroking Act, governs every pawnshop in Tampa. Operators register with the Florida Department of Agriculture and Consumer Services, post a $10,000 surety bond, and renew annually. Pawnbrokers may charge a 25 percent monthly service fee plus a 2 dollar origination fee, must hold pawned items for at least 30 days, and submit daily pawn slips to Tampa Police using approved electronic reporting. The city additionally requires a business tax receipt under Code Chapter 24 and zoning compliance under Chapter 27.

Violations & Fines

Operating unlicensed, exceeding rate caps, or omitting daily reports brings state license revocation, criminal charges under FS 539.001, and Tampa code enforcement fines plus business tax receipt suspension.

Frequently Asked Questions

What interest can Tampa pawnshops charge?
Florida law caps pawn service charges at 25 percent of the principal each month, plus a small origination fee, regardless of any city or county adjustments.
Do pawnshops report to police?
Yes. Florida Statute 539.001 requires pawnbrokers to submit daily transaction reports to Tampa Police using approved electronic reporting platforms covering every pledged item.

Sources & Official References

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