Question 1

How many Airbnb and VRBO listings are in Florida Keys?

Accepted Answer

Over the 12 months ending September 2026, the Florida Keys market averaged 6,340 active Airbnb and VRBO listings, down 2% from a year earlier and up 23% over two years.

Question 2

How much do Airbnbs and VRBOs make in Florida Keys?

Accepted Answer

An average Florida Keys listing earns $81K/year. High-performing listings earn $224K, while low-performing listings earn $32K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Florida Keys?

Accepted Answer

Median Florida Keys home prices by size are 1-bedroom $527K, 2-bedroom $782K, 3-bedroom $1.1M, and 4+ bedroom $1.7M.

Question 4

What is the occupancy rate for Airbnb and VRBO in Florida Keys?

Accepted Answer

Average occupancy in Florida Keys is 36%, producing RevPAR of $180 per available night.

Question 5

Are short-term rentals legal in Florida Keys?

Accepted Answer

Rules vary across Florida Keys. Key West: Strict. Vacation rental license required, owner-occupancy mandatory for most zones, strict density caps (grandfathered permits only in residential areas). Active enforcement with code compliance officers, significant fines, and permit revocations. Operating illegally is risky.
Stock Island: Moderate. Part of unincorporated Monroe County. Requires vacation rental license and business tax receipt. Some zoning restrictions apply. Enforcement less aggressive than Key West but still present with complaint-driven inspections. Verify requirements for the property's jurisdiction.

Question 6

Is the Florida Keys Airbnb and VRBO market oversaturated?

Accepted Answer

The Florida Keys Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 2% year-over-year, while RevPAR has increased 20%, suggesting demand is outpacing available supply.

Question 7

When is peak season for Airbnbs and VRBOs in Florida Keys?

Accepted Answer

RevPAR is highest in March and February; it is lowest in October and September.

Question 8

Which Airbnb and VRBO amenities matter most in Florida Keys?

Accepted Answer

The most common amenities are Air Conditioning (98%), TV (97%), Internet (96%). The strongest positive revenue associations are Pets Allowed (+21%), Gym (+21%), Washing Machine (+21%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Florida Keys?

Accepted Answer

Average daily rate in Florida Keys is $605, up 15% year-over-year. Rates peak in February and are lowest in September.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Florida Keys?

Accepted Answer

Guests in Florida Keys book an average of 58 days in advance, up 12% from last year. Booking windows range from 48 days for 1-bedroom listings to 67 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Florida Keys?

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Monday. Weekend occupancy is 24% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Key West	$119K 963 listings	15.3% 963 listings
2.Stock Island & Lower Keys Gateway	$91.8K 142 listings	10.3% 142 listings
3.Duck Key	$65.1K 90 listings	9.2% 90 listings
4.Islamorada & Long Key	$79.0K 202 listings	7.9% 202 listings
5.Tavernier & Plantation Key	$46.7K 282 listings	7.5% 282 listings
6.Big Pine Key	$49.6K 24 listings	6.9% 24 listings
7.Summerland, Cudjoe & Lower Keys	$62.8K 192 listings	6.9% 192 listings
8.Marathon & Grassy Key	$74.1K 810 listings	6.7% 810 listings
9.Key Largo	$69.0K 525 listings	6.6% 525 listings
10.Key Colony Beach	$54.0K 202 listings	5.9% 202 listings