Question 1

Are short-term rentals allowed on Perdido Key?

Accepted Answer

Yes. Most Perdido Key condo buildings and many single-family neighborhoods permit nightly vacation rentals.

Question 2

What's the average price of a Perdido Key condo?

Accepted Answer

As of 2026, Gulf-front condos typically range from $450,000 for one-bedrooms to $1.2M for larger three-bedroom units. Penthouses can exceed $2M.

Question 3

Is Perdido Key a good investment property?

Accepted Answer

Yes. Perdido Key consistently delivers some of the highest vacation rental yields on the Florida Gulf Coast — often $60,000–$120,000+ in gross rental income.

Question 4

What are HOA and condo fees like on Perdido Key?

Accepted Answer

Gulf-front condo fees typically range from $700 to $1,800+ per month and usually include insurance (including wind/hail), water, sewer, trash, building maintenance, pool, and amenities.

Question 5

Is Perdido Key in Florida or Alabama?

Accepted Answer

Perdido Key is in Florida (Escambia County), but it sits right on the Florida–Alabama state line. Orange Beach, AL is just minutes west.

Question 6

Do Perdido Key condos require flood insurance?

Accepted Answer

Most Gulf-front condos sit in high-risk flood zones (VE or AE). Lenders require flood insurance for financed purchases.