Market Leaders
Cudjoe Key
Summerland Key
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Summerland Key, Florida is a popular vacation destination located in the Florida Keys. As a small island community, Summerland Key offers visitors a unique and relaxing getaway, with easy access to the beautiful beaches, crystal-clear waters, and abundant marine life of the Florida Keys. The short-term rental market in Summerland Key caters to travelers seeking a more authentic and immersive experience compared to traditional hotel accommodations.
According to data from vacation rental platforms like Airbnb and VRBO, the average daily rate (ADR) for vacation rentals in Summerland Key is $300-$500 per night, with occupancy rates ranging from 60-80% during peak seasons. Vacation rental managers in Summerland Key typically charge a commission of 20-30% of the rental rate, and many offer additional services such as housekeeping, maintenance, and guest concierge.
The Summerland Key vacation rental market is highly competitive, with a large number of property management companies and individual owners offering short-term rentals. According to Yelp, there are over 20 property management companies serving the Summerland Key area, ranging from small, locally-owned businesses to larger, regional firms. Many of these companies have established strong reputations and loyal client bases, making it challenging for new entrants to gain a foothold in the market.
Some of the key players in the Summerland Key vacation rental market include Just the Keys, Go Summer, and Key West Property Manager. These companies have a strong presence in the market, with extensive portfolios of high-quality vacation rentals and a reputation for excellent customer service. Other notable players include Walkabout Retreat and several smaller, locally-owned property management firms that cater to the unique needs of Summerland Key's vacation rental owners and guests.