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

Longboat Key, FL has a median modeled monthly cash flow of $-5,199 and a median cap rate of 0.5%, on a median sold price of $652,550. Prices changed -5.6% year over year.

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

The median cap rate across recently sold homes in Longboat Key, FL is 0.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Longboat Key, FL is $652,550 (about $501 per square foot).

Investing in Longboat Key, FL Real Estate

A data-driven snapshot of the Longboat Key, 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.

$652,550Median sold price

$501Median $/sqft

0.5%Median cap rate

$-5,199Modeled cash flow / mo

-5.6%Appreciation YoY

37.2Months of supply

484Active listings

156Sold (last 12 mo)

What the Longboat Key numbers say

In Longboat Key, FL, the median home sold for $652,550 (about $501 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-5,199 of monthly cash flow. Sold prices moved -5.6% over the past year. Inventory sits at about 37.2 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 Longboat Key cash-flowing listings

CashFlowRE ranks every for-sale home in Longboat Key, 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 Longboat Key deals, or browse the national market data.