Monticello, FL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

21 / 64

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$21,712

Middle-Earners Revenue

Occupancy

43%

Middle-Earners Occupancy

Home Value

$316,029

Median Home Sale Price

Top Earners

$31,809

Top-Earners Revenue

Monticello

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monticello.

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B

Generally Investor friendly

Monticello Regulations

Monticello has a permissive framework with STRs clearly permitted as a legitimate land use citywide, but requires moderate state-level licensing (DBPR) and tax compliance. The absence of specific city ordinances creates some compliance complexity, and potential HOA/deed restrictions add due diligence requirements, but no meaningful caps or prohibitive fees exist.

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About Monticello

Monticello is the county seat of Jefferson County, tucked into the Big Bend region of northern Florida where the panhandle meets the peninsula. With a population of roughly 2,300 residents, the city has the unhurried character of a small Southern town, distinguished by its collection of antebellum and Victorian-era homes, canopied streets, and a historic downtown square. It lies about 30 miles east of Tallahassee, Florida's state capital, and serves as a convenient base for visitors exploring the springs, forests, and rural landscapes of the eastern panhandle.

The historic district in downtown Monticello is itself one of the town's main draws, with more than fifty contributing properties listed on the National Register of Historic Places. Visitors can stroll past Greek Revival mansions, columned plantation homes, and the stately Jefferson County Courthouse, all within a compact, walkable core. The Avera-Clarke House, a Greek Revival residence built in the 1870s, is preserved as a local history museum and offers guided tours for those interested in the area's nineteenth-century past.

Just south of Monticello lies the Wacissa Springs cluster, a network of first-magnitude freshwater springs that bubble up from the Floridan Aquifer. About a fifteen-minute drive from town, the springs feed the Wacissa River, which is popular for paddling, swimming, and snorkeling in clear, cool water year-round. The surrounding area includes Blue Spring, Big Blue Spring, and Little Blue Spring, several of which are accessible by a short walk or paddle from the main put-in, making it a favorite stop for outdoor travelers passing through the region.

About an hour southwest of Monticello, Edward Ball Wakulla Springs State Park offers one of the largest and deepest freshwater springs in the world, surrounded by ancient cypress and a lush wildlife corridor. The park is famous for its glass-bottom boat tours, resident manatees, and its old-Hollywood pedigree — the 1940s Tarzan films starring Johnny Weissmuller were shot on-site. It makes for an easy day trip from Monticello, especially when combined with a stop in Tallahassee, where visitors can tour the Florida State Capitol and the historic districts of the capital city.

Monticello's appeal for short-term rental owners lies in its blend of small-town charm, well-preserved history, and proximity to some of north Florida's most distinctive natural attractions. The town's location — close enough to Tallahassee for capital events and university functions, yet far enough to feel genuinely rural — gives it a dual appeal for travelers seeking either a quiet weekend escape or an outdoor adventure base. With springs, forests, and historic architecture all within a short drive, the area offers a year-round rhythm of visitors that supports a steady rental market.

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