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Updated about 8 years ago on . Most recent reply

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144
Posts
65
Votes
Andy Gross
  • Baltimore, MD
65
Votes |
144
Posts

Vacation Rentals in the Florida Keys

Andy Gross
  • Baltimore, MD
Posted

So, I love the Florida Keys, and when I lived on the mainland, we vacationed there yearly. Rental rates seem friendly, but does anyone have the lowdown? How are vacancy rates? Can you cash-flow, or is a game of barely breaking even?

Most Popular Reply

User Stats

17
Posts
5
Votes
Francis Lamadrid
  • Real Estate Broker
  • Miami Beach, FL
5
Votes |
17
Posts
Francis Lamadrid
  • Real Estate Broker
  • Miami Beach, FL
Replied

Hi Andy and Kelly B

If you are talking about Key West is totally different from all other keys.

In KW occupancy rate is about 85 to 92% year round , even in the summer time

which is low season there has been high as well. Yes there's restriction regarding STR

Only some areas of town have a transient license which allows renting nightly and if you

dont have a license you can only rent 30 days min .

Hope this info helps

Cheers

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