St Pete Florida - best areas for cash flow

[Vera B.]

Does anyone recommend up and coming neighborhoods in St Pete for short term rentals?

What about Brighton Bay? Close to water and Gandy bridge. Center to Tampa and beaches. Properties still relatively cheap. Thoughts?

Everything is selling like hot cakes. Do we still think prices come down next year due to economic collapse? Or does Florida make it bc everyone is moving down there?

Thank you!

[Jason Wray]

Vera,

The Gandy district is going to remain active for both business and STR visitors even post Covid-19. I do not have a crystal ball but I think that all of this Covid-19 panic. Will start to fade after the election more than likely after the first quater of the new year in most states. As far as price point and required stay per night there are pro's and cons with that here in Pinellas County. I would just ask why you would want to turn away business meaning require 4 nights when STR/AIRBNB style rentals do a ton of 48/72 hour booking in this area.

What is your price point because Treasure Island for example you can range from $195K to $335K.  1BD/1BTH to 3BD/3BTH

$850 a week for for summer $1250 week for winter smaller unit. to $1425 a week summer to $2150 a week winter.