Key West's short-term rental market is highly restrictive. New transient (less than 28 days) rental licenses are prohibited in most residential zones, meaning only properties with existing, grandfathered licenses can operate as STRs. All legal STRs require licenses from the State (DBPR), Monroe County (Business Tax Receipt), and the City of Key West (Transient Rental License), and must remit a total of 12.5% in taxes.
To host an Airbnb in Key West, your property must have a rare, pre-existing 'Transient Rental License,' as the city does not issue new ones for most homes. If you are buying a property, you must confirm it comes with a transferable license. If you have one, you'll still need a state DBPR license and a Monroe County Business Tax Receipt. Be prepared to collect and pay a total of 12.5% in taxes on your earnings. Operating without these specific licenses is illegal and results in very high fines, so confirm your property's legal status before listing.
Permit Required
Yes
Night Limit
None
Primary Residence
Not Required
Total Tax Rate
12.5%
Disclaimer
This information is for general guidance only and should not be considered legal advice. Regulations change frequently. Always verify current requirements with local government authorities before operating a short-term rental.
Learn more about STR regulations and hosting tips.
Regulations Videos
Permit Fee
$525
Processing Time
4-6 weeks
Expert advice on STR compliance