Florida Keys: Vacation Rental Market Report
5 Million Annual Visitors, $2.7 Billion in Local Visitor Spending
A Rate of Growth Ordinance limits occupancy growth on Key West. Compare RevPar of hotels and vacation rentals in the Key West Market.
According to a recent study by RedAwning and STR, vacation rentals are outperforming hotels in some key metrics in the Florida Keys. Are your cap rates in line with the market average?
Some cities require short term rental permits while others enforce minimum stay requirements. Learn what the codes are in the Florida Keys.
RedAwning outperforms rental incomes on average by 52%+ Schedule a time to talk with one of our vacation rental specialists about your vacation rental(s) and how RedAwning's experience and suite of tools can help maximize your vacation rental revenue, while reducing the time needed to manage your properties.