Islamorada, FL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Islamorada short-term rental market based on reliable data.
Listings
127 / 958
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$63,522
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$1,184,419
Median Home Sale Price
Top Earners
$169,789
Top-Earners Revenue
Islamorada
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Islamorada.
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Challenging to Investors
Islamorada Regulations
Islamorada explicitly allows short‑term rentals but imposes a 331‑license cap, requires properties to meet high assessed‑value thresholds ($708k–$1.06M) and a multi‑layered licensing process (state, county, village, fire safety) with annual fees of $1,325 plus inspection costs. The 7‑day minimum stay in residential zones and non‑transferable licenses further restrict operational flexibility, making compliance costly and cumbersome.
Local STR Agent
STR specialist · Islamorada, FL
About Islamorada
Islamorada (also sometimes Isla Morada) is an incorporated village in Monroe County, Florida, United States. It is located directly between Miami and Key West on five islands—Tea Table Key, Lower Matecumbe Key, Upper Matecumbe Key, Windley Key and Plantation Key—in the Florida Keys. As of the 2020 census, the village had a population of 7,107, up from 6,119 in 2010.