Boca Raton, FL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

222 / 562

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$46,328

Middle-Earners Revenue

Occupancy

72%

Middle-Earners Occupancy

Home Value

$558,294

Median Home Sale Price

Top Earners

$82,199

Top-Earners Revenue

Boca Raton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Boca Raton.

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C

Challenging to Investors

Boca Raton Regulations

Citywide prohibition is reportedly enforced by zoning; registration relies on county TDT/BTR and state preemption, but this creates uncertainty. Penalties start at $1k–$5k and enforcement is inconsistent, creating high risk for hosts.

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About Boca Raton

Boca Raton ( BOH-kə rə-TOHN; Spanish: Boca Ratón [ˈboka raˈton]) is a city in Palm Beach County, Florida, United States. The population was 97,422 in the 2020 census and it ranked as the 23rd-largest city in Florida in 2022. However, many people with a Boca Raton postal address live outside of municipal boundaries, such as in West Boca Raton. As a business center, the city also experiences significant daytime population increases. Boca Raton is 45 miles (72 km) north of Miami and is a principal city of the Miami metropolitan area, which had a population of 6,138,333 at the 2020 United States Census.It was first incorporated on August 2, 1924 as "Bocaratone," and then incorporated as "Boca Raton" on May 26, 1925. While the area had been inhabited by the Glades culture, as well as Spanish and later British colonial empires prior to its annexation by the United States, the city's present form was developed predominantly by Addison Mizner starting in the 1920s. Mizner contributed to many buildings in the area having Mediterranean Revival or Spanish Colonial Revival architecture. Boca Raton also became a key city in the development of the early computer industry. The city is the birthplace of IBM's first personal computer and various other technologies created by the company. Still centered around luxury beach culture, the city today is dotted by many malls and shopping centers, including the Town Center at Boca Raton. The ODP Corporation, which operates Office Depot and OfficeMax, is headquartered here. Boca Raton is also home to the main campus of Florida Atlantic University and the Evert Tennis Academy, owned by former professional tennis player Chris Evert. The city has a strict development code for the size and types of commercial buildings, building signs, and advertisements that may be erected within the city limit, which has led to major thoroughfares without billboards and large advertisements, as well as increased green spaces on roads.

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