If you love your Florida Keys vacation home, but you’re not using it enough to make all those taxes and fees worthwhile, there’s an alternative to putting it on the market.
Leasing your home or condo for six months or a year provides a steady income stream and leaves you with the flexibility to get back into your home when life gets a little less busy.
Think about it. If you’re only using your place for a couple weeks a year, you could still come down to the Keys and rent a Freewheeler vacation home or stay at a nice hotel or resort. In the meantime, you can be collecting monthly rent checks.
To be clear, long-term leases won’t generate the monthly income that vacation rentals do. Still, they’ll definitely help offset your homeownership expenses. And even though it’s likely the rent won’t cover all your home carrying costs, leasing long-term has the side benefit of keeping your property from sitting vacant.
Timing could also work to your benefit. These days, Marcia McCormick, our annual rental agent, is hearing from far more people seeking long-term leases than we have houses. That means your home or condo is likely to rent out quickly and for a bit of a premium.
In addition to leasing your property, we offer monthly property management. What is better than rental income without the headaches? Let us take care of it for you.
To learn more about our annual rental program, contact Marcia McCormick 305-304-0238 Marciamccormickrealtor@gmail.com