Organizations such as the Key West Fire Fighters, the Rotary Club of Marathon Florida, and the Fort Brooke Troopers all participate in the parade with elaborate floats.

Just like most street parades, the floats are staffed by bead tossing volunteers who wore creative and colorful costumes. Unlike the parades at Mardi Gras, the Fantasy Fest parades have a Caribbean and Latin flair due to the many years of cultural influence from the neighboring nations.