Florida Vacation Rental

[Havan Surat]

I am looking to purchase a vacation rental property in Florida. Please advise which areas/towns are good for solid returns. Also, please share any info on good property management companies that effectively manages the vacation rentals.

Thanks in advance.

Havan 

[Alana O'Hanlan]

Good morning Haven, 

The Tampa Bay area, particularly Pinellas County is a great area to invest in STR and vacation rentals. My mother-in-law and I manage a few rentals and Airbnb's that are booked out until 2023. Monthly rental between $3,500-5000 monthly (depending on the season.) Other areas that are booming are the small river and springs towns a little further north. Ex: Homosassa, Crystal River, Hudson Beach just to name a few. Another cool little town is Cedar Key. I recently heard Daytona Beach has some very afford STR or VR; however, I have not researched why. Another area that maybe worth checking out.

I hope you find this helpful. 

Alana