Chiles, the son of the late governor, announced in January he was going to run for the seat being vacated by Gov. Jeb Bush. But he recently learned about the residency restriction and decided to drop out of the race, said Ron Sachs, a friend of Chiles and former communications director for his father.
Chiles, a Democrat from Orlando, moved back to Florida two years ago after living in the Northeast for about a decade. He previously lived in Tallahassee, where he ran a communications company.
Chiles planned to make the announcement at a previously scheduled speech before members of the AARP.
Bush can't seek re-election because of term limits.
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