Todays Advantages Of Owning A Vacation Rental In Islamorada

ISLAMORADA, Fla. - April 13, 2021 - PRLog -- Per Jan Keller, Top Producing Real Estate Agent for Coldwell Banker Schmitt Real Estate, and owner of Kellerporterteam.com "Everything about Real Estate in Islamorada and the Upper FL Keys".
The single biggest advantage of owning a vacation rental house in the Florida Keys is that it is a proven tourist destination. Every year, hundreds of thousands of people visit the Florida Keys for rest and relaxation. Given the subtropical climate, people can visit any time of year and still enjoy wonderful weather. This is what makes the Florida Keys such a great destination, because there's warm weather, even in the winter months, and sunshine almost every single day of the year.

But, that's certainly not all. Being in a highly desirable area, on a tropical island paradise no less, and real estate garners much more value. It's really all about the three biggest factors in real estate, which are, of course, location, location, and location. That translates into higher property values, greater levels of appreciation, and therefore, premium rental rates.

Of course, there are other benefits of owning a vacation rental in Islamorada Florida, like the following:

1. Real property is a real asset. Property investors know that real estate brings a strong return on investment. It has a very long track record of providing steady profits when flipped or rented, and when held, nice levels of appreciation.
2. Location is everything. When you hold a vacation rental in the Florida Keys, you own a very highly desirable piece of property. And that means being able to charge premium lease rates for said property. Those rates are good during the fall and winter months but especially attractive during the spring and summer seasons.
3. Lower and fewer taxes. One of the most attractive things about the state of Florida, other than its fantastic weather, is its relatively low property tax rates. Plus, if you live in the Sunshine State as a full-time resident, you won't pay a state income tax on those rents you charge. That's because Florida does not have a state income tax.
4. Leverage and convenience. Owning real property means having leverage for future buys to add to your real estate portfolio. Plus, when you're not renting, you have a dedicated getaway spot all to yourself.          For more information about Islamorada Luxury Homes for sale in the Upper Florida Keys, please contact Jan at http://www.islamoradajan.com