Cedar Key, FL
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Key Performance Metrics
Market snapshotPerformance indicators for the Cedar Key short-term rental market based on reliable data.
Listings
150 / 321
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$26,889
Middle-Earners Revenue
Occupancy
49%
Middle-Earners Occupancy
Home Value
$312,889
Median Home Sale Price
Top Earners
$48,140
Top-Earners Revenue
Cedar Key
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Cedar Key.
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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.
Local STR Agent
STR specialist · Cedar Key, FL
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.