How does Key West, FL define a short-term (Airbnb) rental (STR)?
- A residential dwelling that is located in specific zones and is rented on a transitory basis.
- A transient public lodging option that is rented to guests for 28 days or less.
Please beware that in the following context, we use the terms “Vacation Rental” and “Short-Term Rental” interchangeably.
Source: Monroe County STR Information
Can investors own more than one vacation rental property in Key West, FL?
Yes, investors can own as many vacation rental properties as they want in Key West. The only stipulation is that each of them are registered and you’ve applied for a business tax license for each.
Source: Monroe County STR Information
Does Key West, FL have any zoning restrictions for STRs?
Yes, in Key West, FL, there are zoning restrictions on vacation rentals, specifically in certain areas of unincorporated Monroe County. Not all areas allow homes to be used for vacation rentals. The specific restrictions and permissions can be determined by referring to maps provided by the county. These maps indicate areas where vacation rentals are prohibited, areas where they may be permitted with an annual permit, and areas where they may only be permitted in gated communities with controlled access and approved associations that regulate and manage the rentals.
Source: Monroe County Zoning Map
In Key West, FL can an investor own and operate their Airbnb property as a business entity?
Yes! In Key West, FL, investors have the opportunity to establish and operate their Airbnb properties as a business entity, providing them with the ability to effectively manage their short-term rentals in a professional and organized manner.
Source: Monroe County STR Information
In Key West, FL, can investors register accessory dwelling units (ADU), duplexes, and multifamily homes as Vacation Rentals?
Yes, in Key West, FL, investors are generally permitted to register accessory dwelling units (ADUs), duplexes, and multifamily homes as vacation rentals, as long as they comply with the specific regulations and requirements set by the local authorities.
Source: Key West STR Ordinance
What is Key West, FL requirement for obtaining a Vacation Rental License?
When obtaining a vacation rental license in Key West, FL, there are two main requirements: obtaining an annual special vacation rental permit from the Planning & Environmental Resources Department for each dwelling unit, and ensuring that the vacation rental unit has a designated manager with a special vacation rental manager license issued by the same department.
Source: Monroe County STR Information
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What are the costs associated with a Vacation Rental License in Key West, FL?
Here is a list of the costs associated with a vacation rental license in Key West, FL:
Special Vacation Rental Permit:
- Initial Application Fee: $490 (for initial applications only, not renewals)
- Renewal Application Fee: $100
Fire and Life Safety Inspection Fees:
- 1 Bedroom Inspection Fee: $100
- 2-3 Bedroom Inspection Fee: $200
- 4+ Bedroom Inspection Fee: $300
- Re-inspection fees (after the third inspection): Base + $50
Vacation Rental Manager License:
- Application Fee: $110
Source: Monroe County STR Information
Does Key West, FL have Vacation Rental occupancy limits?
Yes, Key West, FL has vacation rental occupancy limits that depend on the size of the unit. The specific occupancy limits are determined based on the size and configuration of each rental unit, as outlined in the local regulations and codes.
Source: Key West STR Ordinance
Does Key West, FL require an inspection for investors to obtain an STR license? What are the physical and structural requirements for a vacation rental?
The Fire and Life Safety Inspection by the Fire Marshal’s office is required for both initial and renewal permits for vacation rentals in Key West, FL. The inspection is conducted to ensure compliance with fire and safety regulations to ensure the well-being of guests. Specific physical and structural requirements may vary depending on the findings of the inspection and local regulations.
Source: Monroe County STR Information
Does Key West, FL have any responsible agent requirements?
Yes, Key West, FL has responsible agent requirements for vacation rentals. A responsible agent is required for each vacation rental unit, and they must be designated by the owner or property manager. The responsible agent is responsible for managing and overseeing the vacation rental property, addressing any issues or concerns that may arise, and ensuring compliance with all applicable laws and regulations.
Source: Key West STR Ordinance
Does Key West, FL have specific insurance requirements for a Vacation Rental?
Yes, Key West, FL has specific insurance requirements for vacation rentals. Owners of vacation rental properties are typically required to maintain liability insurance coverage to protect against any potential damages or injuries that may occur on the property.
Source: Monroe County STR Information
What are the duration and renewal terms of a Key West, FLVacation Rental license?
A Key West, FL vacation rental license is valid for one year and must be renewed annually to remain in compliance with the regulations.
Source: Monroe County STR Information
In Key West, FL, do Airbnb and VRBO remit taxes on the host’s behalf? Are there any taxes that the host must track and pay directly to Key West, FL?
In Key West, FL, Airbnb remits taxes on the host’s behalf, while VRBO does not. Airbnb collects and remitts the Tourist Development Tax (TDT) and the Monroe County Local Option Sales Tax (LOST) directly to Key West, FL. Hosts using VRBO are responsible for tracking and paying these taxes themselves.
Who should I contact if I have questions regarding Key West, FL Vacation Rentals?
Planning and Environmental Resources Department: (305) 292-4500
Are there any new laws and regulations that the city is requiring?
No, there are not any new regulations or laws that Get Chalet found while reviewing this information.
