Key Colony Beach, FL

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

450 / 877

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$56,088

Middle-Earners Revenue

Occupancy

70%

Middle-Earners Occupancy

Home Value

$851,575

Median Home Sale Price

Top Earners

$104,872

Top-Earners Revenue

Key Colony Beach

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Key Colony Beach.

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B

Generally Investor friendly

Key Colony Beach Regulations

Short-term rentals are explicitly permitted citywide and framed as part of the local tourism economy, with a clear, single licensing pathway via CitizenServe. Operational rules include manageable caps (7-night minimum, occupancy limits), required property‑manager and local‑contact training, and an annual safety inspection (with a $300 re‑inspection fee), plus daily fines for violations—moderate burden, not a deterrent.

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About Key Colony Beach

Key Colony Beach is a small, picturesque city located in the Middle Florida Keys, Monroe County, Florida. Known for its tranquility and beautiful surroundings, it occupies an area of about 0.7 square miles and boasts a population of approximately 800 residents. The city is situated approximately 53 miles east of Key West, the nearest major city, making Key Colony Beach an ideal escape from busier urban environments while still being accessible.

One of the city's most appealing attributes is its proximity to various notable landmarks and attractions. For instance, the vibrant Seven Mile Bridge, which connects the Middle Keys to the Lower Keys, offers breathtaking views and is a mere 5 miles from Key Colony Beach. The serene Sombrero Beach in Marathon, located roughly 4 miles away, is another prime destination for visitors looking to enjoy white sandy beaches (source: Sombrero Beach).

Other points of interest include the Dolphin Research Center, which is about 9 miles away, offering an educational and interactive experience with marine life (source: Dolphin Research Center). Additionally, the nearby Curry Hammock State Park, located around 6 miles from Key Colony Beach, provides multiple opportunities for outdoor activities like kayaking, picnicking, and bird watching (source: Curry Hammock State Park).

For dining and local culture, residents and visitors alike frequent the Island Fish Company, a popular waterfront restaurant in Marathon offering fresh seafood and stunning ocean views (source: Island Fish Company).

Overall, Key Colony Beach offers a serene and idyllic setting with a range of landmarks and recreational opportunities nearby, making it an attractive option for short-term rentals.

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