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Boca Raton, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,035
Monthly Cash Flow
-$298
Principal + Equity
$3,410
Annual Total Gain
$37,338
Cash on Cash
-2.63%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$275
Occupancy Rate
60.87%
Monthly Revenue
$2,972
Monthly Cash Flow
-$807
Principal + Equity
$3,410
Annual Total Gain
$31,236
Cash on Cash %
-7.11%
Net ROI %
Market Health & Growth
Median Income
$102,722
Population
98,833
LTR Renter %
34.24%
Forecast (1 yr)
2.06%
Appreciation (1 yr)
-4.88%
Appreciation (5 yr)
52.91%
Appreciation (10 yr)
89.33%
Job Growth
1.89%
LTR Rentability
High
STR Demand
52
STR Rentals
462
Top Public Schools
AA.D. Henderson University School & FAU High School
AAlexander W. Dreyfoos Jr. School of the Arts
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Places with the Best Public Schools in Florida
#24out of 660 markets
Best Suburbs for Young Professionals in Florida
#14out of 380 markets
Suburbs with the Best Public Schools in Florida
#12out of 380 markets
A-
Public School
C
Crime And Safety
C-
Housing
A-
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Boca Raton, FL.
In Boca Raton, FL, Short Term Rentals (STRs) are subject to regulations set forth by the city government. It is important for investors to be aware of these regulations before purchasing a property for short term rental purposes. Some key regulations to consider include:
1. Zoning Restrictions: Boca Raton has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are interested in is located in a zone that permits short term rentals.
2. Licensing and Permitting: STR operators in Boca Raton are required to obtain a business tax receipt and a short term rental permit from the city. These permits may have specific requirements and fees associated with them.
3. Occupancy Limits: The city may have regulations in place regarding the maximum number of guests allowed to stay in an STR property at any given time. Investors should be aware of these limits and ensure they are in compliance.
4. Noise and Nuisance Regulations: Boca Raton may have noise ordinances and regulations in place to prevent disturbances to neighbors caused by STRs. Investors should be aware of these regulations and take steps to ensure their guests comply with them.
5. Safety and Building Code Compliance: It is important for investors to ensure that their STR property meets all safety and building code requirements set forth by the city. This may include things like smoke detectors, fire extinguishers, and proper exits.
By being aware of and complying with these regulations, investors can mitigate risks and ensure a smooth operation of their short term rental property in Boca Raton. It is recommended to consult with a local real estate attorney or property management company familiar with the regulations in the area before making an investment in a short term rental property.
Market Trends Over Time
Explore 25 years of market data for Boca Raton, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Boca Raton, FL.
The LTR Genie Score of Boca Raton, FL is 80 and STR Genie Score is 64, indicating a very high and high rating respectively. The high LTR Genie Score can be attributed to the high LTR Rentability, steady LTR Rent Growth Rate, and impressive LTR Net ROI of 27.42%. On the other hand, the slightly lower STR Genie Score is due to the moderate STR Net ROI of 22.94% and the lower STR Occupancy rate of 60.87%.
Boca Raton, FL is a popular destination known for its upscale neighborhoods, beautiful beaches, and vibrant cultural scene. The city attracts a mix of residents and tourists, making it a desirable location for real estate investment.
Based on the metrics provided, Boca Raton, FL seems to be a more attractive market for long-term rental investment rather than short-term rental investment. The high LTR Genie Score, coupled with the positive 1-Year Price Appreciation Forecast, suggests that investing in long-term rental properties in Boca Raton could yield favorable returns. However, investors should also consider the potential for short-term rental opportunities in the area, especially during peak tourist seasons. Overall, Boca Raton, FL appears to be a promising market for real estate investors looking for stable and profitable rental opportunities.