Marco Island, FL

Vacation rental real estate on Marco Island is considered more expensive than average for Florida, but higher rates and reliable bookings help offset the extra cost.

Overview

Located in southwest Florida, two hours west of Miami and three hours south of Tampa, secluded Marco Island boasts six miles of picture-perfect shoreline along the Gulf of Mexico. Despite being only 24 square miles, this springtime vacation rental getaway features more than 100 miles of waterways. Close to the renowned Florida Everglades, Marco Island is the largest barrier island and the only developed land in Florida’s spectacular Ten Thousand Islands area. Vacation rental guests visit from around the world to experience the best of the Ten Thousand Islands: white-sand beaches, crystal blue waters, golf, and swamp buggy expeditions through the Everglades.


Insider tip

Marco Island offers a wider variety of vacation rental real estate than one might expect for such a small area. An aging market, older homes are being demolished and replaced with larger, more modern residential structures and condos that rent well, particularly during business conferences. Marco Island doesn’t need conferences to attract guests, though. Its bright blue Gulf waters and warm winter temperatures keep heads in beds. They also contribute to the real estate prices here being higher than average for Florida. Marco Island is still a strong buyer’s market due to Hurricane Irma. Prices for vacation rental homes here are low and demand is soft; however, vacationers are still pouring in. Marco island is being developed at a steady rate, so it’s a good time to pick up a little piece of vacation rental paradise on Marco Island.

Learn more and compare Marco Island with other top markets in our insider's guide to the best places to buy a vacation rental. 


Market size

2,500+ rental units

Median annual rental revenue

$34,530

Median home price

$395,300

Cap rate

5.6%

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.