Last Key Realty, Inc.
Real Estate Services · Key West, FL
About
RealReviews profileLast Key Realty is a Key West real-estate and vacation-rental management company at 825 Duval Street. Its official management page highlights marketing, reservations, guest care, property walkthroughs, maintenance coordination, owner communication, and a currently published commission model.
Last Key Realty, Inc.: what to know
RealReviews editorial research · checked 2026-07-24Last Key Realty is a strong research starting point for owners seeking a vacation-rental operator rather than annual tenant management. Its official material is unusually specific about the service model and currently publishes a commission figure. That transparency helps comparison, but the real decision still depends on the address's legal rental status, the complete fee schedule, net proceeds, emergency authority, reporting, and termination terms in the signed agreement.
Strongest fit
- Owners of eligible Key West vacation rentals
- Properties needing marketing and guest operations
- Owners who value local walkthroughs and communication
- Luxury or higher-touch short-stay positioning
Verify before booking Last Key Realty, Inc.
- A published percentage may not include every owner cost
- Transient-rental eligibility belongs to the address
- Owner stays and future reservations affect revenue and exit
- Maintenance authority and emergency limits need written boundaries
What the official service page establishes
Last Key presents itself as a Key West vacation-rental and real-estate company. The official property-management page describes marketing, reservation management, guest service, property walkthroughs, maintenance coordination, and owner communication. It currently publishes a commission on rent; because pricing can change, owners should date the proposal and rely on the executed agreement.
The service description fits an owner who wants a company to operate a short-stay product, not merely collect rent. Ask which tasks are performed by employees, which are assigned to cleaners or contractors, what happens after hours, and how each charge appears on an owner statement.
Licensing comes before revenue projections
The City of Key West says residential rentals require a city Business Tax Receipt and distinguishes transient rentals of 28 days or less from non-transient rentals. The city also tells the public to verify that a vacation rental is licensed. A manager's willingness to list a home is not a substitute for address-specific confirmation.
Ask Last Key to identify the license, tax, inspection, and renewal work it performs and what remains with the owner. Verify applicable records through the responsible city and state sources. If the property is not eligible for the proposed use, projected nightly rates and occupancy are not meaningful.
Normalize the full owner economics
Request a twelve-month example showing gross rent, discounts, refunds, channel and card fees, management commission, housekeeping, linen, supplies, inspections, maintenance administration, license or tax work, reserves, and owner distributions. Ask how direct bookings and repeat guests are treated and whether the manager or owner absorbs disputes and chargebacks.
The currently published commission is one line in that comparison. Owners should also understand photography, listing setup, maintenance markups, replacement supplies, deep cleans, pest work, AC response, storm preparation, and fees on an owner stay. Compare expected net proceeds using the same assumptions for every finalist.
Test operations and contract handoff
Give the company practical scenarios: an AC failure during an occupied stay, water appearing after hours, a guest unable to enter, and a named-storm preparation order. Ask who acts, what may be spent without approval, when the owner is notified, how photographs and invoices are stored, and who follows up after the immediate fix.
Before signing, read the term, renewal, notice, termination fee, treatment of future reservations, owner funds, keys and codes, listing accounts, photographs, records, and guest communication. Request a redacted owner statement and a recent reference with a similar property and licensing model. The source-attributed outside rating on this profile does not replace owner references or contract review.
Your file for Last Key Realty, Inc.
- Verify transient-rental eligibility for the address.
- Obtain the complete current fee schedule.
- Review a redacted owner statement.
- Define emergency and maintenance authority.
Services mentioned on the official site
2 sourcedEvidence checked for Last Key Realty, Inc.
Sources and update dates- Editorial research checked 2026-07-24
- 7 approved source records
- Google Places snapshot checked May 2026
- Official-site details checked Aug 2026
Request management proposal with Last Key Realty, Inc.
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