Under Florida law, the primary difference is the monetary value of the stolen property. Petit theft (a misdemeanor) involves property valued under $750, while grand theft (a felony) involves property valued at $750 or more. Additionally, grand theft can be charged regardless of value if the stolen item is a firearm, motor vehicle, or fire extinguisher. Felony charges carry much harsher penalties, including potential time in state prison and a permanent criminal record.
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