Buying a Vacation Rental Property in Perdido Key

A vacation rental can offer a place to enjoy the coast and an opportunity to generate rental income. Choosing the right property starts with understanding how you will use it and what operating it will require.

Match the Property to Your Plans

Consider your preferred dates for personal use, location, beach access, sleeping arrangements, parking and amenities. Compare how each property serves your needs and the guests you hope to attract.

Verify Rental Use Before You Buy

Review current association rules and applicable requirements for the specific property. Minimum stays, occupancy limits and other restrictions can shape the rental plan. Do not assume that every property in the same area permits the same use.

Review the Full Operating Picture

Ask for documented rental history when available and evaluate income alongside management, housekeeping, maintenance, insurance, utilities, association dues and other expenses. Separate historical results from projections and consider how owner use affects availability.

Plan the Transition

Clarify included furnishings, property preparation, existing reservations and management arrangements early in the purchase process. These details can affect the timing and cost of starting rental operations.

Talk with a Local Operator and Broker

JD Hallam, Broker/Owner of Perdido Key Resort Realty and General Manager of PKRM since 2006, brings more than 20 years of short-term vacation rental management experience to coastal property purchases.

Explore our investment property guide, learn about rental management or contact our team to discuss your search.

Latest Vacation Rental Properties

$1,200,000

5 Beds ⋅ 6 Baths ⋅ 685405 MLS

Flynn Built Piling Construction Model Home. Welcome to this exceptional coastal retreat within the exclusive gated community of Yacht Harbour in Perdido Key. This is where modern luxury meets the effortless waterfront lifestyle of Florida's Gulf Coast. Yacht Harbour offers a lifestyle that is difficult to replicate. Situated along the tranquil waters of Old River and just moments from the sugar-white beaches of the Gulf of Mexico, residents enjoy a gated waterfront community with amenities including a community pool, pickleball courts, kayak and paddleboard launch, and convenient boating access. Walk, bike, or cruise by golf cart to the world-famous Flora-Bama, waterfront restaurants, marinas, and endless coastal entertainment. Completed as a Model Home in 2024, this beautifully designed five-bedroom, five-bath residence offers approximately 2,500 square feet of thoughtfully crafted living space with a private elevator providing seamless access to every level. From impact-rated windows and a durable metal roof to expansive covered balconies, every detail was designed with both elegance and coastal durability in mind. The open-concept living area is flooded with natural light and flows effortlessly into a spacious kitchen and dining area, creating the perfect setting for entertaining family and guests after a day on the water or at the beach. Each bedroom offers the privacy and comfort of its own full bath en-suite, making this an ideal primary residence, second home, or a luxury short-term vacation rental property. Whether you're watching the sunset from your private balcony, spending the afternoon exploring Old River by boat, or enjoying the vibrant energy of Perdido Key, 217 Clipper Drive delivers the perfect balance of luxury, recreation, and investment potential. This is more than a home, it's an opportunity to harness Perdido Key's coastal beach lifestyle. Contact us today to schedule a private showing.

217 Clipper Dr, Perdido Key

$1,850,000

5 Beds ⋅ 6 Baths ⋅ 685398 MLS

Waterfront • Deep Water Private Boat Slip Included • Flynn Built Piling Construction • Fully Furnished • Turn Key Short-Term Rental Opportunity! Welcome to where luxury waterfront living meets the relaxed elegance of Perdido Key. Nestled within one of the area's newest gated waterfront communities, this exceptional coastal residence offers a lifestyle few properties can match. Whether arriving by boat or by car, each day begins surrounded by the tranquil waters of Old River and ends just moments from the sugar-white beaches of the Gulf. Designed for those who appreciate both sophistication and adventure, the home features expansive living spaces, multiple levels of outdoor entertaining, a private elevator, and an oversized four-car garage with abundant space for vehicles, golf carts, watercraft, and all your beach toys. Every bedroom has been thoughtfully designed to provide privacy and comfort, creating the perfect retreat for family and guests. A deeded deep-water boat slip places endless days on the water just steps from your front door. Spend mornings fishing, paddleboarding, or cruising the Intracoastal Waterway before returning home to enjoy spectacular sunsets across Old River. When you're ready for entertainment, the world-famous Flora-Bama, waterfront dining, marinas, and the emerald waters of the Gulf are all within walking, biking, or boating distance. Beyond the residence, Yacht Harbour embraces the coastal lifestyle with resort-inspired amenities including a community pool, pickleball court, a private waterfront dock, convenient for direct water access. Every detail has been designed to deliver the feeling of a private waterfront resort. Whether you're searching for an extraordinary primary residence, a luxury vacation retreat, or a proven investment property with an established short-term rental status, 17046 Starboard Place presents a rare opportunity to own in one of Perdido Key's most desirable STR waterfront communities. Contact us today!

17046 Starboard Pl, Perdido Key

16293 Perdido Key Dr Unit #C, Perdido Key

$2,975,000

3 Beds ⋅ 5 Baths ⋅ 685320 MLS

ULTIMATE PRIVACY, EXCLUSIVITY, AND EXTRAORDINARY INVESTMENT POTENTIAL ON PERDIDO KEY! One of only four beachfront residences in the gated Villas Belvedere community, this exceptional turnkey beachfront duplex shares 200 feet of pristine white-sand beach with just three neighboring residences. This remarkable property offers the potential to generate approximately $250,000 in annual rental revenue with the future addition of a private pool and completion of the pre-plumbed ground-level living space as a fourth or fifth bedroom with a full bath.Surrounded by lush tropical landscaping and expansive lawns, Villas Belvedere offers a private, resort-like setting rarely found on Perdido Key—creating an unforgettable experience Completely reconstructed in 2022 with impact windows and doors, this 2,928-square-foot residence showcases exceptional craftsmanship throughout. A private elevator serving every level provides effortless access from the private two-car garage to the home's living areas. The open-concept design features soaring ceilings, a gas fireplace, and a chef-inspired kitchen with premium quartz countertops, gas cooktop, wine cooler, and abundant workspace for entertaining.The Gulf-front primary suite offers dual oversized walk-in closets and a spa-inspired bath with a freestanding soaking tub and separate walk-in shower. A second Gulf-front bedroom also enjoys spectacular beach views, while the third guest bedroom is privately situated on the north side of the residence overlooking Ole River.Designed for comfort and peace of mind, the residence features impact-resistant windows, dual HVAC systems, coded gated entry, irrigation, a ground-level half bath, and an outdoor shower. Ideally located on Perdido Key, Villas Belvedere is just minutes from waterfront dining, shopping, and Gulf Islands National Seashore. Whether you're seeking a premier investment, exceptional second home, or full-time beachfront residence, opportunities like this rarely become available.

16293 Perdido Key Dr Unit #C, Perdido Key

$3,435,000

685301 MLS

Where Vision Meets the Shoreline with 100 feet of direct Gulf frontage on the sugar white sands of Perdido Key. This exceptional vacant parcel offers unobstructed views of the emerald waters of the Gulf and endless possibilities for development in one of Northwest Florida's most sought-after coastal destinations. Zoned HDR-PK (High Density Residential - Perdido Key), this premier property offers flexibility for future development opportunities, making it an attractive option for developers, investors, or those looking to create a signature Gulf front Legacy Property. Perfectly positioned in the heart of Perdido Key, the property is surrounded by established resorts, popular restaurants, shopping, and local attractions, offering both convenience and visibility in a thriving beach community. With direct beach access and an unbeatable location, this property combines the tranquility of beachfront living with the advantages of being close to everything Perdido Key has to offer. Opportunities like this are increasingly rare along Florida's Gulf Coast. Secure your place on the shoreline and create something truly remarkable on Perdido Key's pristine beaches.

16571 Perdido Key Dr, Perdido Key

16470 Perdido Key Dr Unit #B13, Perdido Key

$310,000

2 Beds ⋅ 2 Baths ⋅ 685248 MLS ⋅ Sundown Condo BLDG.

Welcome to paradise on Perdido Key! This first floor 2-bedroom, 2-bathroom waterfront condo is located in Sundown Riverside Condominium complex and offers the perfect blend of waterfront tranquility and beachside adventure. Step out onto your private patio and take in breathtaking views of Ole River, or simply cross the street to enjoy public access and a front-row seat on the Gulf of Mexico. Whether you're soaking in the sunset over the river or strolling along sugar-white sands, this location delivers the best of both worlds. Inside, the open-concept layout features a spacious living area, well-appointed kitchen, and two generously sized bedrooms. This unit can be sold fully furnished, making it move-in or rental ready from day one. Sundown is a low-density community offering resort-style amenities including a pool, tennis courts, private pier for fishing or sunset watching and boat slips which are available on a first-come, first-serve basis – perfect for boating enthusiasts. Whether you're looking for a vacation home, investment property, or full-time coastal retreat, this condo has it all. Don’t miss your chance to own a slice of paradise!

16470 Perdido Key Dr Unit #B13, Perdido Key

16590 Perdido Key Dr Unit #7A, Perdido Key

$462,000

2 Beds ⋅ 2 Baths ⋅ 685098 MLS ⋅ Molokai VIllas Condo BLDG.

BACK ON THE MARKET! DON'T LET THIS ONE SLIP AWAY! ENJOY THE BEST OF PERDIDO KEY FROM THIS BEAUTIFULLY UPDATED WATERFRONT VILLA LOCATED DIRECTLY ON OLE RIVER WITH DIRECT ACCESS TO THE SUGAR-WHITE SANDS OF THE GULF OF AMERICA JUST ACROSS THE STREET. THIS RARE 2-BEDROOM PLUS LOFT FLOOR PLAN OFFERS THE PERFECT COMBINATION OF WATERFRONT LIVING AND GULF BEACH CONVENIENCE. THE VERSATILE LOFT CAN EASILY SERVE AS A THIRD BEDROOM, HOME OFFICE, OR ADDITIONAL LIVING SPACE, MAKING THIS PROPERTY IDEAL AS A PRIMARY RESIDENCE, VACATION GETAWAY, OR INVESTMENT OPPORTUNITY. Move-in ready and tastefully remodeled, this spacious villa features beautiful kitchen cabinetry, modern appliances, luxury vinyl plank flooring throughout, and an open, airy floor plan filled with natural light. The two spacious bedrooms are complemented by a versatile loft accessed by a spiral staircase, providing additional sleeping space for family and guests. The updated bathrooms and tasteful coastal finishes make this home ready to enjoy from day one. The highlight of the home is the brand-new oversized waterfront balcony, where you can relax with your morning coffee, watch boats cruise along Ole River, enjoy spectacular sunsets, and take in the peaceful waterfront setting right outside your door. Molokai Villas is one of Perdido Key's most unique waterfront communities, offering boat docks on the deep waters of Ole River with quick access to the Gulf of America, a sparkling waterfront pool, assigned parking, and direct access across the street to one of Perdido Key's most beautiful and uncrowded stretches of sugar-white sand. Conveniently located just a short walk along the new Perdido Key multi-use path to The Crab Trap, Ole River Grill, and the world-famous Flora-Bama. MOLOKAI VILLAS IS A TRUE HIDDEN GEM WHERE BOATING, BEACH DAYS, AND WATERFRONT LIVING COME TOGETHER. DON'T MISS THIS RARE OPPORTUNITY TO OWN A BEAUTIFULLY UPDATED VILLA IN ONE OF PERDIDO KEY'S MOST SOUGHT-AFTER WATERFRONT COMMUNITIES.

16590 Perdido Key Dr Unit #7A, Perdido Key

13351 Johnson Beach Rd Unit #203E, Perdido Key

$375,000

2 Beds ⋅ 2 Baths ⋅ 684826 MLS ⋅ Grand Caribbean At Perdido Key BLDG.

EXTRAORDINARY OPPORTUNITY TO OWN A TURN KEY INVESTMENT AT GRAND CARIBBEAN! EXPERIENCE THE ULTIMATE COASTAL LIFESTYLE IN A COMPLETELY UPDATED RETREAT FEATURING SOUNDPROOFED CEILING FOR MAXIMUM PRIVACY! This inviting two-bedroom, two-bathroom residence spans 1,016 square feet of efficiently designed living space where coastal comfort flows effortlessly throughout. The bright kitchen showcases updated countertops, custom cabinetry, and modern stainless-steel appliances. Through either set of French doors - step out on your private balcony, overlooking the beautifully landscaped grounds and a sparkling community pool. Cleverly integrated bunk beds maximize space for guests, while the accommodations and primary suite serve as refreshing sanctuaries complete with new vanities and beautifully tiled surround tubs. Nestled along the pristine grounds of the Grand Caribbean complex, this exceptional property offers resort-style amenities including a seasonally heated outdoor pool, a relaxing hot tub, a tranquil freshwater pond, and dedicated grilling areas. Situated just a short distance to shopping, local dining, NAS Pensacola, Perdido Key multi-use path, and only 0.2 miles from federally protected Gulf Islands National Seashore - this meticulously maintained property stands out as a wonderful beach home and an unparalleled investment opportunity. Your coastal paradise awaits!

13351 Johnson Beach Rd Unit #203E, Perdido Key

14623 Perdido Key Dr Unit #106, Perdido Key

$570,000

3 Beds ⋅ 2 Baths ⋅ 684599 MLS ⋅ Ocean Breeze Condominium BLDG.

Absolutely no hurricane Isaias damage. Ground floor with an amazing GULF view, it will absolutely take your breath away. Incredibly well-managed HOA with large amount in reserves. Quiet corner unit on the opposite side of the pool yet there is easy direct walk there. This condo has years of repeat guests proving it's comfort and desire for beach vacationers. Last ground level unit to sell was in 2021, there's reason why they don't sell often! Sleeps 6, and has years of rental history and a comparatively low HOA for the Key. Furnishings are reminiscent to the simplicity and elegance of old Southern charm; however, the Sellers have reduced the price to allow a Buyer to completely refurnish the condo. The best floors to have in a condo are tile and this unit is wall to wall tile. Milestone Inspection was a success- absolutely no discrepancies with this building! The parking lot is conveniently small and uncrowded, making it a short haul for luggage and groceries. Elevators are being updated in September 2026, although this unit is ground level and has direct access to parking lot, beach and pool. The location of the condo is less than 10 miles to NAS, 4 miles to The Florabama and walking distance to The Shrimp Basket and Lillian's Pizza but when you are on the beach here, you feel like you are on a remote island. Beach is accessible by a Mobi Mat. You really need to see this condo; it may just be the best kept secret in Perdido. Sellers are motivated.

14623 Perdido Key Dr Unit #106, Perdido Key

$1,795,000

684511 MLS

50 foot Gulf Front lot located on the Gulf of America. This beautiful lot is located within a short walk to the state line. At time of listing lowest priced gulf front lot in the area. Perfect for a large beach house. Seller reserves an easement to access beach from boardwalk.

17253 Perdido Key Dr, Perdido Key

16038 Innerarity Pt Rd Unit #101, Perdido Key

$360,000

2 Beds ⋅ 3 Baths ⋅ 684412 MLS ⋅ Innerarity Townhomes BLDG.

Welcome to coastal living at its finest in the heart of Perdido Key. Nestled within the gated Innerarity Townhomes community, this beautifully appointed waterfront residence offers the perfect blend of relaxation, investment potential, and boating lifestyle. This fully furnished 2-bedroom, 2.5-bath townhome is truly move-in ready, allowing you to start enjoying the Gulf Coast from day one. The thoughtfully designed interior features an open-concept living space, a well-appointed kitchen with granite countertops and stainless steel appliances, and tasteful furnishings that complement the coastal setting. Spacious bedrooms each offer their own private bath, creating comfort and privacy for owners and guests alike. One of the most sought-after features of this property is the included deeded boat slip, complete with access to power and water at the marina—an exceptional opportunity for boating enthusiasts eager to explore the Intracoastal Waterway, nearby islands, and the emerald waters of the Gulf. Wake up to peaceful water views and spend your days enjoying the community amenities, including a waterfront pool, fitness area, kayak and jet ski access, and gated entry. Whether you’re searching for a primary residence, second home, or income-producing property, this townhome checks every box. Short-term rentals are permitted, making it an attractive investment opportunity in one of Northwest Florida’s most desirable coastal destinations. Located just minutes from Perdido Key’s white-sand beaches, local dining, shopping, and entertainment, while also offering convenient access to downtown Pensacola and Orange Beach, this property delivers the best of Gulf Coast living. Don’t miss this rare opportunity to own a fully furnished waterfront retreat with a deeded boat slip in beautiful Perdido Key. Paradise is waiting.

16038 Innerarity Pt Rd Unit #101, Perdido Key

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