3 Types of Rental Property Investments for New InvestorsFor those who are looking for their first rental property investment, diversity in the market only serves to confuse them. There are just too many variables to the equation that leads to a successful investment. New investors can make better choices by discovering the best types of property investments in the rental market.

Single-Family Units

These homes are especially attractive to young families. A recent report by Forbes showed that single-family homebuilding rose 11 percent in December 2019, the highest ever since 2007, which was before the economic crisis.
To be more profitable, pick homes that have sound structure but require a bit of renovation. These homes will be priced much lower than the current market rate. This is to provide you with a protective cushion in case the market value takes a dive. Once renovated, this type of home can bring you steady income for years to come, provided you pick an established neighborhood that provides values to the renters.

Single-Tenant Triple-Net Properties

This type of property is perfect for investors who don’t have the time to actively manage the property. Basically, you’ll lease out your property to a single tenant. Most of the time, the tenant will be a company and they will be responsible for all expenses related to the property. The typical lease terms are from 10 to 25 years, renewable. If you have KFC, FedEx, or Ford as tenants, you’ve hit the jackpot.

Condos & Apartments

For those with more ample funds to invest, condos & apartments are synonymous with security and prosperity. These types of properties are often in their best conditions with little management required, and they attract well-behaved highly-educated tenants/vacation-renters, which is a landlord’s dream come true.
Knowing which types of rental properties yield the best result helps investors make better investment choices in the real estate market. If you plan to purchase on a mortgage, do careful calculations before you commit to ensure you don’t get caught in a cash shortage in the process.

Key West Investment Condos

Well priced and spacious! Plantation by the Sea amenities include an oceanfront pool and fantastic fishing pier, sauna, gym, assigned parking and ground level storage unit. This 2 bedroom 2 bath condo has a lanai off each bedroom and the open floor plan is great for entertaining or for watching your little ones. One pet under 20 lbs. is allowed for owners. Don't miss this wonderful opportunity! $465,000 Active

87455 Old Highway 123 ISLAMORADA, Florida

2 Beds 2 Baths 993 SqFt

Imagine waking up to the gentle sound of the ocean waves and breathtaking views of the ocean every morning in your very own piece of paradise! This 2-bedroom, 2-bathroom oceanfront condo in Key Colony Beach is a dream come true for anyone seeking a slice of coastal heaven. The highlight of this charming property is the unobstructed water views that greet you from the moment you step into the living room area. But the beauty doesn't stop there; the community has a plethora of amenities for you to enjoy. Dive into the day with a refreshing dip in the oceanfront pool, challenge your friends to a game of shuffleboard, unwind on the private beach, or try your luck at fishing off the pier. Tennis enthusiasts will be delighted to find courts just steps away. Plus, if you're considering this as an investment, the flexibility of 14-day rentals being permitted is a fantastic bonus. Don't miss this opportunity to own a piece of paradise in the heart of the Florida Keys! $630,000 Active

201 Ocean Drive E 209 KEY COLONY, Florida

2 Beds 2 Baths 1,121 SqFt

Rarely Available & Very Sought-After Moon Bay Condo! Resort Style living at its Best! Beautifully renovated unit is move in ready and completely furnished with Water Views of the Bay! Renovated kitchen with QUARTZ countertop, PORCELAIN tile floor, Beverage bar with wine cooler, updated bathrooms, custom blinds, ceiling fans throughout, Impact Windows & Doors, Large Bedrooms, front room set up as a 3rd bedroom w/queen murphy chest. Patio has sliders from living room & at the railing serving as a dual purpose, either additional ac area or open patio area. Amenities include New Pool & Club House, Tennis & Pickle Ball court, clubhouse, Sauna, outdoor Tiki hut, Marina, Fishing docks, Private Beach area, Paddle board & kayak storage. Jetski Docks, Walking distance to restaurants and entertainment. Weekly Rentals, Yes Weekly Rentals ALLOWED!! This unit is licensed for short term rentals. The community just completed all major renovations with in the past 3 years including building roofs, all window and doors upgraded to impact, renovated pool and club house, entire complex painted. September the parking lot will be repaved, and the elevators will be renovated, the HOA is as solid as they come with strong funded reserves over a Million Dollars! No Worries about assessments in the future and everything is NEW. Come take a tour of the best hidden paradise in Key Largo which offers some of the best diving and fishing! This Unit was a primary residence prior to owner and then used as a 2nd home until owner purchased another unit in the community. 2023 was first year as short-term rental. No abuse here very well ta taken care of unit and fully renovated in 2019 with PERMITS! The short-term rental license stays with unit, so it is ready to produce income. Units in community are averaging 60k plus income a year! A boat slip can be purchased from owner at additional cost which will accommodate up to a 30ft boat! Come See This Hidden Gem Today in the Nicest Gated Community Around! $775,000 Active

104350 Overseas Highway A301 KEY LARGO, Florida

2 Beds 1 Baths 947 SqFt

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:

Newest Key West Commercial Properties on the Market

Prime Commercial Real Estate in Big Pine Key. The property offers 125 footage on US1 and 200 feet deep. With access from the front of the building to the back. Back of the property is fenced with extra storage facilities. Metal building, metal roof, two half baths, two lofts, front office space. $1,545,000 Active

31133 Ave A Big Pine, Florida

2 Baths 2,460 SqFt

Come and Use this precious space at a prime location! There is so much foot traffic in this area. Your business here at 300 Southard Street Unit 103 is at a Great location. Parking space provided as well. Renting for $950. Ideal spot right by Truman Annex and in between Southard Street and Thomas Street. $950 Active

300 Southard Street 103 KEY WEST, Florida

5 Baths 135 SqFt

Hard to find office space available at Conch Harbor Retail Center. Suitable for office, at the corner of Caroline and Grinnell Streets. Men and Women's bathrooms, outdoor seating in courtyard. Neighbors include Prime 951 Steakhouse, Dante's Pool Bar and Restaurant and West Marine. Sales tax is in addition to rent quoted, minimum one-year lease. $4,328.33 Active

951 Caroline Street 207 KEY WEST, Florida

2 Baths

2,705 SF lot in X Flood Zone on White Street in Key West. Zoned HNC-1, see documents tab for land uses. Buyer to verify if any build back rights. Owner is a licensed FL Realtor. $499,000 Active

1212 White Street KEY WEST, Florida


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