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

Longboat Key, FL has a median modeled monthly cash flow of $-5,238 and a median cap rate of 0.5%, on a median sold price of $700,000. Prices changed -1.1% 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 $700,000 (about $516 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.

$700,000Median sold price

$516Median $/sqft

0.5%Median cap rate

$-5,238Modeled cash flow / mo

-1.1%Appreciation YoY

37.3Months of supply

532Active listings

171Sold (last 12 mo)

What the Longboat Key numbers say

In Longboat Key, FL, the median home sold for $700,000 (about $516 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-5,238 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 37.3 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.