Longboat Key, FL
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Longboat Key short-term rental market based on reliable data.
Listings
110 / 929
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$59,451
Middle-Earners Revenue
Occupancy
68%
Middle-Earners Occupancy
Home Value
$946,761
Median Home Sale Price
Top Earners
$94,378
Top-Earners Revenue
Longboat Key
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Longboat Key.
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Generally Investor friendly
Longboat Key Regulations
Short‑term rentals are explicitly permitted in Longboat Key, but investors must obtain a Business Tax Receipt, complete a new residential‑rental registration, pass a life‑safety inspection, and meet state licensing and tax obligations. The 30‑day minimum stay on most residential properties limits revenue from very short‑term stays, yet there are no caps, the process is clearly outlined, and enforcement penalties are modest, making the overall framework manageable for investors.
Local STR Agent
STR specialist · Longboat Key, FL
About Longboat Key
Overview of Longboat Key, FL:
Longboat Key is a picturesque barrier island in Manatee and Sarasota counties, Florida. It is renowned for its pristine white sandy beaches, luxurious resorts, and a tranquil atmosphere that appeals to both tourists and residents alike. As of the 2020 census, the population of Longboat Key was approximately 7,000 people, lending to its intimate and community-focused environment.
Distance to Closest Major City:
Longboat Key is located about 12 miles northwest of Sarasota, Florida, a vibrant cultural hub known for its arts scene, dining, and shopping. Additionally, it is roughly 60 miles south of Tampa, making it conveniently accessible for those seeking a peaceful beachside retreat without straying too far from urban amenities.
Landmarks and Attractions:
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Coquina Beach: A popular spot located at the southern end of Longboat Key, Coquina Beach offers beautiful scenery, picnic areas, and facilities for beachgoers. More Information
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Joan M. Durante Park: A 32-acre park that features a botanical garden, nature trails, and a boardwalk providing visitors with a serene environment to enjoy Longboat Key's natural beauty. More Information
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Mote Marine Laboratory & Aquarium: Located just across the bridge from Longboat Key in Sarasota, this renowned marine research facility and public aquarium offer interactive exhibits and a deeper understanding of marine life. More Information
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The Longboat Key Club: A premier destination for those looking to indulge in luxury with amenities including golf, tennis, a spa, and fine dining. More Information
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Whitney Beach: A quieter, less crowded beach that is perfect for visitors looking to relax and enjoy the serene Gulf waters and breathtaking sunsets. More Information
Appeal for Short-Term Rentals:
Longboat Key’s appeal for short-term rentals lies in its stunning natural beauty, upscale accommodations, and close proximity to major cities like Sarasota and Tampa. The island's well-maintained beaches and parks provide ample recreational opportunities for visitors. Additionally, the peaceful and upscale ambiance, combined with easy access to cultural, dining, and entertainment options in nearby Sarasota, makes it a highly desirable destination for both short-term vacationers and long-term renters.