Buy Another Florida Keys Home – Don't Rent Your Cottage, Buy It!

With Florida Keys property prices down to 2003 levels, there are plenty of options to buy a second home at a great price in this paradise of islands. The Florida Keys have long been a big draw for people who visit often enough to see the benefits of owning their own vacation home rather than paying rent every year – not to mention expensive hotel rates.

A Monroe County ordinance that restricts short-term rentals makes it difficult to find properties that can be rented for less than a month, but in built-in communities like Key Colony Beach, there are plenty of short-term rental properties. Buying a house like this can allow you to rent your home when you are not using it.

Here are two listings in Key Colony Beach that already have rental history.

Half an open water duplex (MLS # 541138) is offered for $ 745,000. This two bedroom, two bath home faces east towards Bonefish Bay and offers the boating enthusiast a deep, 30 foot finger dock that can hold a boat up to 50 feet. The home is fully furnished and has tiled floors, central AC / heat, harmonics storm shutters, washer dryer a fish cleaning table and outdoor shower.

Another KCB half-duplex (MLS # 546837) listed for $ 399,000 offers a nice tire on a 100-foot wide canal, thirty feet of canal front with a cement bulkhead and a wooden descent dock. There is even a designer (D & # 39; Asign Source) cement fish cleaning station. The property is nicely landscaped and fenced, and outdoor furniture includes a gas grill and patio. The cozy two bedrooms, two bathrooms have central air with heating, tile and carpet and a fully equipped kitchen with dishwasher. All rooms are furnished; it's done with a rental history and future rents in place.

Key Colony Beach offers all the pleasures of the middle Florida Keys – excellent boating, fishing and diving plus the amenities of a beach club. The nearby island of Marathon offers a golf course, restaurants and nightlife and an international airport.

Find some tips to buy another home from MSN Money. Details of the homes described above in the resource box below.