Performance indicators for the Niceville short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Niceville.
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Challenging to Investors
Strict geographic limitation (STRs permitted only in R‑3 Multiple Family zoning) and moderate multi‑layer compliance (state lodging license, city BTR, county/state taxes, occupancy/parking/waste rules, and possible inspections) create meaningful barriers and elevate investor risk; though not prohibited, these constraints make compliance cumbersome and reduce viable inventory.
Local STR Agent
STR specialist · Niceville, FL
Niceville is a city in Okaloosa County, Florida, United States, located near Eglin Air Force Base on Boggy Bayou that opens into Choctawhatchee Bay. It is part of the Fort Walton Beach–Crestview–Destin Metropolitan Statistical Area. The population was 15,772 at the 2020 census.