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Commercial Real Estate in Key West & the Florida Keys by RE/MAXCommercial Real Estate in Key West & the Florida Keys by RE/MAX

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Simple Things That Make a Rental Property More Valuable

Simple Things That Make a Rental Property More ValuableAs someone who owns rental properties, it’s vital to your business to preserve the value of your properties in a way that will keep them relevant in today’s highly competitive rental market. One of the best ways to do just that is to make small improvements that can lead to steady increases in the value of your properties. Here are a few simple things that can make a rental property more valuable to renters, and in turn, bring in more revenue for your business.

Improve Your Listings

If your property listings look unprofessional, then the rental revenue you’ll bring in as a result won’t reach its full potential. Property listings that include professional photos, for example, can improve your revenue dramatically and come at a low cost when compared to the profits you’ll be losing with a low-quality listing. Posting your listings on websites with better reputations than the standard Craigslist and other free online resources will also go a long way to boost rental values, as you’ll only be reaching renters who are taking their property searches seriously.

Upgrade Flooring

Flooring is one of the main things renters look at when they evaluate a living space. When they see lots of carpet and linoleum, renters will be less inclined to pay higher amounts for rent. It’s always a good idea to update linoleum and carpet flooring and replace them with laminate, wood or tile. Doing so will surely draw in a higher rental rate than if you kept your property’s outdated floors intact.

Increase Storage Space

People today have more stuff than ever before, which has created a need in the modern housing market for living spaces that include large storage areas. Some of the easiest ways to add storage capabilities to your rental properties are to install more shelving throughout the space. Additional shelving is perfect for pantries or existing closets that don’t have shelves, and can also be used to add new storage solutions to any garages or sheds.

Add Modern Faucets

As silly as it may seem, something as small as old sink faucets can influence a renter’s opinion of your entire property. The good news here is that adding modern faucets to your property is one of the easiest and affordable home improvement projects you can do to add value. Popular sink faucet types today include chrome, bronze and brushed stainless steel, all of which renters will be excited to see as they tour your property.

These are just a few of the many great things you can do to improve the value of your rental properties. By upgrading flooring materials, adding storage space, replacing outdated faucets, and posting your listings on higher-quality websites, your rental property will perform for your business better than ever before.

Hot Key West Business Opportunities

101600 Overseas Highway $20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

139 Seaside Avenue $10,500,000

139 Seaside Avenue KEY LARGO, Florida

5 Beds 7 Baths 6,740 SqFt

5730 4Th Avenue $9,995,000

5730 4Th Avenue Stock Island, Florida

9 Baths 6,444 SqFt

1622 Overseas Highway $9,900,000

1622 Overseas Highway MARATHON, Florida

3,400 SqFt

12685 Overseas Highway $8,500,000

12685 Overseas Highway MARATHON, Florida

5,607 SqFt

517 Duval & 518 Bahama Street $7,500,000

517 Duval & 518 Bahama Street KEY WEST, Florida

4 Baths 7,854 SqFt

3428 Roosevelt Boulevard N 1,2,3,4,5,6 $5,995,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

$5,250,000

Key Largo, Florida

2 Baths 4,680 SqFt

96180 Overseas Highway $4,900,000

96180 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 1,445 SqFt 0.960 Acres

919 - 921 Duval Street $3,750,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

101350 Overseas Highway $3,250,000

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

1100 Indies Drive S $2,725,000

1100 Indies Drive S Duck, Florida

4 Beds 4 Baths 3,402 SqFt 0.290 Acres

100150 Overseas Highway $2,400,000

100150 Overseas Highway KEY LARGO, Florida

2,436 SqFt

352 Seaview Drive E $2,200,000

352 Seaview Drive E Duck, Florida

2 Beds 3 Baths 1,440 SqFt 0.190 Acres

218 Bristol Court $1,999,000

218 Bristol Court Tavernier, Florida

3 Beds 2 Baths 1,628 SqFt 0.150 Acres

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:

  • All Businesses for Sale
  • Office Buildings
  • Hotels, Motels & Bed & Breakfasts
  • Bars & Restaurants
  • Marinas for Sale in Key West
  • Investment Properties
  • Business Opportunities

Newest Key West Commercial Properties on the Market

Offices on Eaton Street located in downtown Key West. If you are looking for a small private office join the friendly business environment at Key West Theater catering to local small business owners. Office 215 is a corner office with a large open space and close, approximately 320sq.ft.  Wifi, electric and water included, sales tax is in addition to the monthly rent quoted. $1,400 Active

524 Eaton Street 215 KEY WEST, Florida

2 Baths

2nd Story lease space suitable for office/work shop/storage in a 9 unit compound on Stock Island. Large front room with built in cabinets, 2nd smaller room for storage, additional office space and a half bathroom. Secure fenced lot, an off street parking space and circular drive for truck delivery or pick up. Rent includes utilities. First, Last and Security (one month rent) will move you in. $1,745.79 Active

5625 2Nd Avenue UP Stock Island, Florida

6,219 SqFt

Retail Space available in one of Key West's three major power centers. Overseas Market boasts one of the most desirable tenant bases on the island with Winn-Dixie, Denny's, Ross, CVS Drugstores, Verizon, GNC, Goldman's Deli, BodyZone, AutoZone, Five Guys, Dominos and more... There is ample parking & traffic light entry into the shopping center. Monthly rent quoted is Base Rent Only, in addition are triple net charges and sales tax. $4,083.33 Active

2730 Roosevelt Boulevard N KEY WEST, Florida

1 Baths 178,707 SqFt

Commercial Space Directly in the Middle of Gulfside Village. Triple Net Long Term Lease with existing Verizon Wireless tenants. Excellent Visibility! Excellent Rental History! Gulfside Village offers ample parking spaces, clean shopping center and friendly retail owners. Unit 21 has 1,860 sq feet of space, half bathroom and large storage/office area in the back of the store. Please DO NOT DISTURB the existing tenants/company. $600,000 Active

5800 Overseas Highway 21 MARATHON, Florida

1 Baths 1,860 SqFt

View All

 

Posted in: Bed & Breakfasts, Hotels, Rentals, Renting Commercial Real Estate, Tips & Help, Vacation Rentals Tagged: Rental Properties, rental property, rental property investing, rental property investment, Rental Property Tips

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Key West Office

RE/MAX ALL KEYS REAL ESTATE
305-296-1400 Office

Business Address:
517 Duval St Suite 200, Key West, FL 33040

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Key Largo Office

RE/MAX ALL KEYS REAL ESTATE
305-451-0060 Office

Business Address:
98880 Overseas Hwy, Key Largo, FL 33037

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Miami Office

RE/MAX Advance Realty
305-444-7111 Office

Business Address:
11010 SW 88th St. Ste. 200, Miami, FL 33176

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33040, 33043, 33042, 33050, 33036, 33037
Key West, Stock Island, Big Pine Keys, Marathon, Islamorada, Key Largo

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