Cedar Key, FL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Cedar Key short-term rental market based on reliable data.

Listings

178 / 324

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,704

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$309,347

Median Home Sale Price

Top Earners

$49,921

Top-Earners Revenue

Cedar Key

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cedar Key.

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B

Generally Investor friendly

Cedar Key Regulations

Cedar Key explicitly permits STRs citywide with no meaningful caps, a supportive tone for tourism, and a straightforward, known licensing path (state DBPR plus local business license and tax receipts). Permitting and fees are moderate (DBPR ~$50+; local business tax), with standard safety inspections and compliance obligations; operational limits like noise/parking are present but not excessive.

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About Cedar Key

Cedar Key, FL, is a charming and quaint island community located on the Gulf Coast of Florida, approximately 50 miles southwest of Gainesville, the closest major city. This small city boasts a population of around 700 residents, providing a tight-knit and tranquil atmosphere that makes it particularly appealing for short-term rentals.

Cedar Key is known for its rich history, natural beauty, and vibrant arts scene. The city is situated within the Cedar Keys National Wildlife Refuge, a haven for birdwatchers and outdoor enthusiasts. Visitors to Cedar Key can explore unique landmarks such as the Cedar Key Museum State Park (https://www.floridastateparks.org/parks-and-trails/cedar-key-museum-state-park),,) which offers a glimpse into the island’s past, and the historic Cedar Key Pier.

The town is also renowned for its seafood, particularly clams, and hosts several annual festivals such as the Cedar Key Seafood Festival, attracting tourists year-round. The natural surroundings, tranquil Gulf waters, and an array of recreational activities, from kayaking to fishing, make Cedar Key a desirable destination for tourists seeking short-term rental accommodations.

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