Is Key Largo, FL a good place to invest in rental property?

Key Largo, FL has a median modeled monthly cash flow of $-4,006 and a median cap rate of 0.8%, on a median sold price of $825,000. Prices changed +9.0% year over year.

What is the average cap rate in Key Largo, FL?

The median cap rate across recently sold homes in Key Largo, FL is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Key Largo, FL?

The median sold price in Key Largo, FL is $825,000 (about $666 per square foot).

Investing in Key Largo, FL Real Estate

A data-driven snapshot of the Key Largo, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$825,000Median sold price

$666Median $/sqft

0.8%Median cap rate

$-4,006Modeled cash flow / mo

+9.0%Appreciation YoY

15.9Months of supply

407Active listings

307Sold (last 12 mo)

What the Key Largo numbers say

In Key Largo, FL, the median home sold for $825,000 (about $666 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-4,006 of monthly cash flow. Sold prices moved +9.0% over the past year. Inventory sits at about 15.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Key Largo cash-flowing listings

CashFlowRE ranks every for-sale home in Key Largo, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Key Largo deals, or browse the national market data.