Key West Investment Analysis

Investment Property in Key West, FL

city guide background

Key West, FL Real Estate Investment Performance

PROPERTY SALE PRICE

$1,049,306

Median

1,550

Avg/Sq.ft.
CASH ON CASH RETURN

1.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

348

Investment

3,965

Airbnb

26

Traditional

48%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

99

Number of homes sold

141

Median days on market

96%

Average sale-to-list price ratio

36%

Percentage of listings with price drops

348

Active listings count

90

New listings count

7.3

Months of supply

Key West, FL Properties Rental Prices

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Investment Properties for Sale in Key West, FL

Investment Properties for Sale
$992,000
MLS 620547
White Street Gallery District
Single Family Residential
3 beds 2 baths 1,028 sq.ft.
CAP RATE Trad. 2.18% Airbnb 9.21%
Investment Properties for Sale
$899,000
MLS 619102
New Town
Single Family Residential
3 beds 2 baths 1,062 sq.ft.
CAP RATE Trad. 4.34% Airbnb 9.14%
Investment Properties for Sale
$775,000
MLS 620436
Midtown
Single Family Residential
3 beds 2 baths 930 sq.ft.
CAP RATE Trad. 2.54% Airbnb 8.98%
Investment Properties for Sale
$895,000
MLS 620399
White Street Gallery District
Single Family Residential
3 beds 1 baths 1,580 sq.ft.
CAP RATE Trad. 3.48% Airbnb 8.86%
Investment Properties for Sale
$799,900
MLS 618271
Old Town
Condo/Coop
2 beds 2 baths 1,017 sq.ft.
CAP RATE Trad. 1.52% Airbnb 8.56%
Investment Properties for Sale
$559,000
MLS 618678
New Town
Condo/Coop
3 beds 2 baths 1,071 sq.ft.
CAP RATE Trad. 3.36% Airbnb 8.58%
Investment Properties for Sale
$699,000
MLS 620061
Midtown
Single Family Residential
2 beds 1 baths 780 sq.ft.
CAP RATE Trad. 1.91% Airbnb 8.48%
Investment Properties for Sale
$799,000
MLS 621112
White Street Gallery District
Single Family Residential
2 beds 2 baths 548 sq.ft.
CAP RATE Trad. 3.80% Airbnb 8.37%

Single Family Houses for Sale in Key West, FL

Investment Properties for Sale
$992,000
MLS 620547
White Street Gallery District
Single Family Residential
3 beds 2 baths 1,028 sq.ft.
CAP RATE Trad. 2.18% Airbnb 9.21%
Investment Properties for Sale
$899,000
MLS 619102
New Town
Single Family Residential
3 beds 2 baths 1,062 sq.ft.
CAP RATE Trad. 4.34% Airbnb 9.14%
Investment Properties for Sale
$775,000
MLS 620436
Midtown
Single Family Residential
3 beds 2 baths 930 sq.ft.
CAP RATE Trad. 2.54% Airbnb 8.98%
Investment Properties for Sale
$895,000
MLS 620399
White Street Gallery District
Single Family Residential
3 beds 1 baths 1,580 sq.ft.
CAP RATE Trad. 3.48% Airbnb 8.86%
Investment Properties for Sale
$699,000
MLS 620061
Midtown
Single Family Residential
2 beds 1 baths 780 sq.ft.
CAP RATE Trad. 1.91% Airbnb 8.48%
Investment Properties for Sale
$799,000
MLS 621112
White Street Gallery District
Single Family Residential
2 beds 2 baths 548 sq.ft.
CAP RATE Trad. 3.80% Airbnb 8.37%
Investment Properties for Sale
$949,000
MLS 618708
Old Town
Single Family Residential
3 beds 3 baths 1,520 sq.ft.
CAP RATE Trad. 2.98% Airbnb 7.73%
Investment Properties for Sale
$1,195,000
MLS 616629
Old Town
Single Family Residential
3 beds 2 baths 866 sq.ft.
CAP RATE Trad. 2.39% Airbnb 7.55%

Multi Family Houses for sale in Key West, FL

Investment Properties for Sale
$925,000
MLS 618352
Midtown
Multi Family
4 beds 3 baths 1,239 sq.ft.
CAP RATE Trad. 3.92% Airbnb 7.00%
Investment Properties for Sale
$999,000
MLS 619196
Midtown
Multi Family
1 beds 1 baths 693 sq.ft.
CAP RATE Trad. 2.41% Airbnb 5.84%
Investment Properties for Sale
$1,195,000
MLS 620360
Casa Marina
Multi Family
2 beds 2 baths 875 sq.ft.
CAP RATE Trad. 0.88% Airbnb 4.45%
Investment Properties for Sale
$825,000
MLS 619418
New Town
Multi Family
2 beds 2 baths 1,464 sq.ft.
CAP RATE Trad. 4.65% Airbnb 4.05%
Investment Properties for Sale
$1,875,000
MLS 619723
New Town
Multi Family
4 beds 3 baths 2,423 sq.ft.
CAP RATE Trad. 2.86% Airbnb 3.63%
Investment Properties for Sale
$999,999
MLS 618760
The Meadows
Multi Family
3 beds 3 baths 1,452 sq.ft.
CAP RATE Trad. 3.70% Airbnb 2.62%
Investment Properties for Sale
$1,299,999
MLS 618878
The Meadows
Multi Family
3 beds 2 baths 1,428 sq.ft.
CAP RATE Trad. 2.45% Airbnb 2.06%
Investment Properties for Sale
$1,675,000
MLS 619947
Old Town
Multi Family
5 beds 3 baths 1,870 sq.ft.
CAP RATE Trad. 1.06% Airbnb 1.72%

Condos for Sale in Key West, FL

Investment Properties for Sale
$799,900
MLS 618271
Old Town
Condo/Coop
2 beds 2 baths 1,017 sq.ft.
CAP RATE Trad. 1.52% Airbnb 8.56%
Investment Properties for Sale
$559,000
MLS 618678
New Town
Condo/Coop
3 beds 2 baths 1,071 sq.ft.
CAP RATE Trad. 3.36% Airbnb 8.58%
Investment Properties for Sale
$865,000
MLS 620303
Truman Annex
Condo/Coop
2 beds 1 baths 646 sq.ft.
CAP RATE Trad. 0.36% Airbnb 7.91%
Investment Properties for Sale
$599,000
MLS 616633
New Town
Condo/Coop
3 beds 2 baths 1,069 sq.ft.
CAP RATE Trad. 4.54% Airbnb 6.61%
Investment Properties for Sale
$889,000
MLS 619926
Midtown
Condo/Coop
3 beds 2 baths 1,221 sq.ft.
CAP RATE Trad. 1.32% Airbnb 6.41%
Investment Properties for Sale
$890,000
MLS 620086
Midtown
Condo/Coop
2 beds 2 baths 1,099 sq.ft.
CAP RATE Trad. 1.36% Airbnb 6.25%
Investment Properties for Sale
$575,000
MLS 618227
The Meadows
Condo/Coop
1 beds 1 baths 546 sq.ft.
CAP RATE Trad. 4.45% Airbnb 6.17%
Investment Properties for Sale
$599,000
MLS 620722
Casa Marina
Condo/Coop
1 beds 1 baths 640 sq.ft.
CAP RATE Trad. 3.89% Airbnb 6.02%

Townhouses for Sale in Key West, FL

Investment Properties for Sale
$584,900
MLS 620466
New Town
Townhouse
2 beds 2 baths 1,032 sq.ft.
CAP RATE Trad. 3.32% Airbnb 6.58%
Investment Properties for Sale
$599,000
MLS 620312
New Town
Townhouse
2 beds 2 baths 871 sq.ft.
CAP RATE Trad. 4.03% Airbnb 6.51%
Investment Properties for Sale
$965,000
MLS 621028
Midtown
Townhouse
2 beds 2 baths 1,515 sq.ft.
CAP RATE Trad. 4.72% Airbnb 6.11%
Investment Properties for Sale
$665,000
MLS 620447
New Town
Townhouse
2 beds 2 baths 1,332 sq.ft.
CAP RATE Trad. 3.22% Airbnb 5.95%
Investment Properties for Sale
$598,000
MLS 620918
New Town
Townhouse
2 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 2.80% Airbnb 5.41%
Investment Properties for Sale
$619,000
MLS 617995
New Town
Townhouse
2 beds 2 baths 780 sq.ft.
CAP RATE Trad. 3.71% Airbnb 5.02%
Investment Properties for Sale
$648,900
MLS 619363
New Town
Townhouse
2 beds 2 baths 780 sq.ft.
CAP RATE Trad. 3.46% Airbnb 4.78%
Investment Properties for Sale
$679,500
MLS 619544
New Town
Townhouse
2 beds 2 baths 1,000 sq.ft.
CAP RATE Trad. 1.78% Airbnb 4.72%

Top Key West, FL Neighborhoods - Real Estate Market Analysis

Historic Seaport
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

N/A

Traditional

2.43%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 5,922

Airbnb
 

41%

Airbnb occupancy rate
The Meadows
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

0.16%

Traditional

2.47%

Airbnb
RENTAL INCOME

$ 2,604

Traditional

$ 5,859

Airbnb
 

41%

Airbnb occupancy rate
Midtown
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

2.94%

Traditional

3.04%

Airbnb
RENTAL INCOME

$ 3,620

Traditional

$ 5,891

Airbnb
 

41%

Airbnb occupancy rate
New Town
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

1.69%

Traditional

1.69%

Airbnb
RENTAL INCOME

$ 3,881

Traditional

$ 4,014

Airbnb
 

40%

Airbnb occupancy rate
Bahama Village
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

-1.43%

Traditional

0.38%

Airbnb
RENTAL INCOME

$ 2,396

Traditional

$ 5,964

Airbnb
 

41%

Airbnb occupancy rate
Truman Annex
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

0.68%

Traditional

2.12%

Airbnb
RENTAL INCOME

$ 2,790

Traditional

$ 5,975

Airbnb
 

41%

Airbnb occupancy rate
Casa Marina
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

0.41%

Traditional

1.20%

Airbnb
RENTAL INCOME

$ 3,326

Traditional

$ 6,000

Airbnb
 

42%

Airbnb occupancy rate
White Street Gallery District
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

1.90%

Traditional

2.60%

Airbnb
RENTAL INCOME

$ 4,418

Traditional

$ 5,859

Airbnb
 

41%

Airbnb occupancy rate
Old Town
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

2.41%

Traditional

4.80%

Airbnb
RENTAL INCOME

$ 3,441

Traditional

$ 5,836

Airbnb
 

41%

Airbnb occupancy rate
Duvall Street
PROPERTY PRICE

$1,190,000

Median for city
CAP RATE

0.39%

Traditional

0.69%

Airbnb
RENTAL INCOME

$ 3,255

Traditional

$ 6,090

Airbnb
 

42%

Airbnb occupancy rate

Popular Blog Posts

Popular Airbnb Topics

Looking for
Airbnb Analytics?

Gain vacation rental insights of any US market with our Airbnb data analytics

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Key West, FL

At Mine | Lovely Suite steps from Duval Street
$219 per night Airbnb occupancy rate 36%
Apartment 1 · 1 · 2
Rental Income: $2,387 per month
4.86
1744
At Mine | Key West Suite steps from Duval Street
$262 per night Airbnb occupancy rate 30%
Apartment 1 · 1 · 2
Rental Income: $510 per month
4.81
1469
Duval Balcony Spanky's Retreat
$410 per night Airbnb occupancy rate 62%
Apartment 1 · 1 · 4
Rental Income: $7,390 per month
4.91
903
Duval Balcony - Street Suite
$297 per night Airbnb occupancy rate 66%
Apartment 0 · 1 · 2
Rental Income: $5,998 per month
4.84
899
Duval Balcony - Suite Mischief
$437 per night Airbnb occupancy rate 61%
Apartment 1 · 1 · 3
Rental Income: $7,990 per month
4.88
815
Bella Vita: 1B/1B Condo for 2 Just Steps off Duval
$290 per night Airbnb occupancy rate 93%
Apartment 2 · 1 · 2
Rental Income: $7,450 per month
4.98
565
Sunshine Suite Condo  Enjoy outdoor Hot tub & Pool
$268 per night Airbnb occupancy rate 51%
Apartment 2 · 2 · 6
Rental Income: $4,132 per month
4.71
517
Studio Blu | Stylish Key West Studio + Bikes
$487 per night Airbnb occupancy rate 79%
Apartment 1 · 1 · 2
Rental Income: $9,038 per month
4.95
484

Real Estate Investment Analysis - Other Cities in florida

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Orlando $380,000 4% 2% $1,886 $1,614 6,521 33%
Panama City Beach $465,000 2% 3% $1,911 $3,119 1,643 36%
Bradenton $375,000 4% 2% $2,476 $1,954 1,540 30%
Port Charlotte $329,000 5% 1% $2,354 $1,430 1,041 19%
Beverly Hills $361,050 5% 9% $2,407 $4,366 208 29%
SILVER SPRINGS $110,000 9% 16% $1,433 $1,881 147 63%
View all florida cities

Vacation Rentals for Sale in florida

Your search for investment property begins and ends here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.