DREYFUS FLORIDA INTERMEDIATE MUNICIPAL BOND FUND
497, 2000-03-14
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                                                                 March 10, 2000

               DREYFUS FLORIDA INTERMEDIATE MUNICIPAL BOND FUND

                           SUPPLEMENT TO PROSPECTUS
                               DATED MAY 1, 1999
                          AS REVISED, AUGUST 10, 1999

THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES ANY CONTRARY INFORMATION
CONTAINED IN THE FUND'S PROSPECTUS:

     Shares  acquired by purchase or exchange after May 9, 2000, and redeemed or
exchanged  less than 30 days  after  they are  acquired,  will be  subject  to a
redemption  fee of 1% of the value of the  shares  redeemed  or  exchanged.  The
redemption  fee will be  retained by the Fund and used  primarily  to offset the
transaction  costs  that  short-term   trading  imposes  on  the  Fund  and  its
shareholders.  For purposes of calculating the 30-day holding  period,  the Fund
will employ the "first in,  first out"  method,  which  assumes  that the shares
redeemed or exchanged are the ones held the longest.

     No redemption  fee will be charged on the  redemption or exchange of shares
(1)  through  the Fund' s  Automatic  Withdrawal  Plan or Dreyfus  Auto-Exchange
Privilege,  (2)  through  accounts  that are  reflected  on the  records  of the
Transfer Agent as omnibus accounts approved by Dreyfus Service Corporation,  (3)
through  accounts  established by securities  dealers,  banks or other financial
institutions  approved by Dreyfus Service  Corporation that utilize the National
Securities Clearing Corporation's networking system, or (4) acquired through the
reinvestment of dividends or capital gains distributions. The redemption fee may
be waived, modified or terminated at any time.




                                                                  MARCH 10, 2000

                DREYFUS FLORIDA INTERMEDIATE MUNICIPAL BOND FUND

              SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
                                DATED MAY 1, 1999

THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES ANY CONTRARY INFORMATION
CONTAINED IN THE FUND'S STATEMENT OF ADDITIONAL INFORMATION:

     Shares acquired by purchase or exchange after May 9, 2000, and redeemed or
exchanged less than 30 days after they are acquired, will be subject to a
redemption fee of 1% of the value of the shares redeemed or exchanged. The
redemption fee will be retained by the Fund and used primarily to offset the
transaction costs that short-term trading imposes on the Fund and its
shareholders. For purposes of calculating the 30-day holding period, the Fund
will employ the "first in, first out" method, which assumes that the shares
redeemed or exchanged are the ones held the longest.

     No redemption fee will be charged on the redemption or exchange of shares
(1) through the Fund's Automatic Withdrawal Plan or Dreyfus Auto-Exchange
Privilege, (2) through accounts that are reflected on the records of the
Transfer Agent as omnibus accounts approved by Dreyfus Service Corporation, (3)
through accounts established by securities dealers, banks or other financial
institutions approved by Dreyfus Service Corporation that utilize the National
Securities Clearing Corporation's networking system, or (4) acquired through the
reinvestment of dividends or capital gains distributions. The redemption fee may
be waived, modified or terminated at any time.







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