It was eventually withdrawn from sale, due to its distributor, Zastava Cars (GB) Ltd of Reading going out of business as a consequence of the Yugoslav Wars and economic sanctions.

During its lifetime the Florida faced competition from the Romanian built Renault based Dacia Solenza and its successor Dacia Logan, and the Russian Lada 112, in the value for money compact family hatchback market.

Its main advantages were its versatility, its high technology compared to other Zastavas, and its price, never exceeding the EUR 7,000 figure for top of the range models.

[2] At the 2001 Belgrade Auto Show, it was shown with an "In" trim name added, so as to be called the "Zastava Florida In", and this is how it was marketed since.

After Zastava's brief fallout with Fiat, 1.1 and 1.6 litre Peugeot TU Series engines were installed, beginning in September 2002.