State officials announced that more than $39 million in unclaimed property was returned to Floridians during the month of August.
August 2024 Unclaimed Property Returns by Region:
Pensacola – $961,773
Panama City – $470,801
Tallahassee – $823,647
Jacksonville – $2.1 Million
Gainesville – $595,096
Orlando – $7.1 Million
Tampa/St. Pete – $9.56 Million
Fort Myers/Naples – $2.1 Million
West Palm Beach – $4.7 Million
Miami – $10.6 Million
The state’s Chief Financial Office overseas these claims. Since the 2017, nearly $2.5 billion in unclaimed property has been returned to Florida citizens.
“I’m excited to announce that our Unclaimed Property team returned more than $39 million in unclaimed property this August to Floridians statewide,” CFO Jimmy Patronis said. “Take the opportunity now to search for extra cash to pay for some of those additional school supplies your kids might need this year. You can also search for yourself, your loved ones, and even your business at FLTreasureHunt.gov. It’s estimated that one in five Floridians has unclaimed property just waiting to be claimed, with an average claim of $825. Don’t delay – start your treasure hunt today!”
Unclaimed property is a financial asset that is unknown or lost or has been left inactive, unclaimed, or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances, and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions.
Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner, and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.
