Short term rental in Pensacola, Navarre FLORIDA

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Raymond J. RodriguesBusiness Member
Lender · Miami, FL · Member since 2017 · 1k+ posts · 797 votes
4y

Hi @Abigail Cariaga. I suggest reaching out to @January Johnson. She's a wealth of knowledge and is currently assisting one of my clients with purchasing their STR in the Panhandle area. I hope this recommendation helps!

[email protected]619-456-8311
Helm Mortgage Corp.5126 Reviews
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  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    4y

    @Abigail Cariaga

    I have a short term rental in Miramar Beach, but I recently moved near Navarre Beach. Navarre Beach is a great location with much less tourist activity then say Destin in the summer months.  This time of year it’s not very crowded.  It’s a very good choice.  

    1Reply
  • Anne M Stenzel
    Rental Property Investor · Navarre Beach FL · Member since 2019 · 11 posts · 15 votes
    4y

    We have a STR 2/2 condo on Navarre Beach. Reach out if you have specific questions. My husband and I are interested in Cape Coral!

    I would say that NB is definitely up and coming but is experiencing growing pains.  There are traffic problems of course but I think that is due to a huge influx of people migrating here.  Navarre is full of military and retirees.  It seems like everyone I know down there are retired DOJ, federal contractors and military.  There are 3-4 military bases in the area so lots of military vacation there after they are stationed elsewhere.  Unlike most of FL, the high season is April-August and the majority of our guests drive from the southern US.  We are seeing more guests fly as both Allegiant and now Sun Country are offering direct flights into the Destin airport (which recently opened a brand new concourse) which is about 30-35 minutes away from NB.

    2Reply
  • Napoleon DeCiutiis
    Real Estate Agent · The Short Term Shop / Florida Emerald and Forgotten Coasts · Member since 2022 · 217 posts · 126 votes
    4y

    Abigail,

    The WHOLE Emerald Coast rents.  Get on VRBO/AirBnB and use the enemy method in the area you are looking at to get some more accurate numbers.  High Season is from March-September, but there are opportunities to rent year round just by doing a little targeting. 

    1Reply
  • Caleb Drake
    Real Estate Agent · Pensacola, FL · Member since 2020 · 210 posts · 138 votes
    4y
    Quote from @Abigail Cariaga:

    Hi there. Anyone doing short term rentals in Pensacola/Navarre Florida? I'm looking into buying an STR there and would love to hear your thoughts/insights. TIA.

    Abbie


    I am a licensed agent in the area and I own a STR in Navarre (not on the beach) that I self-manage and have for about four years. At one point I owned two of them in Navarre. Seasonality is a thing here, but I advertise to snowbirds in the winter months and maintain between 87-92% occupancy throughout the year. Navarre is starting to become more popular and as we grow and more commercial real estate is built (Multi-Story Resort Planned...) we should continue to see a growth in visitors annually.

    I am bullish on Navarre and Pensacola Beach. I think you will see a migration West from Destin and PCB into some of these quieter beaches.

    Shoot me a message if you want to connect. I'd love to help you out.



    1Reply
  • Lake Lutes
    Real Estate Agent · Fort Walton Beach, FL · Member since 2018 · 144 posts · 114 votes
    4y

    Hi @Abigail Cariaga! This are is one of the best in the country for short term rentals. Cashflow is great, occupancy is high, and even appreciation has been awesome over the past 10+ years. My team specializes in helping investors find STRs. Would love to help you out if you want to connect!

    1Reply
  • Raymond J. RodriguesBusiness Member
    Lender · Miami, FL · Member since 2017 · 1k+ posts · 797 votes
    4y

    Hi @Abigail Cariaga. I suggest reaching out to @January Johnson. She's a wealth of knowledge and is currently assisting one of my clients with purchasing their STR in the Panhandle area. I hope this recommendation helps!

    [email protected]619-456-8311
    Helm Mortgage Corp.5126 Reviews
    WebsiteView Page
    2Reply
  • Jeffrey A. Brown
    Realtor · Member since 2022 · 4 posts · 3 votes
    4y

    Emerald Coast is the best coast :).  Check out the Short Term Shop website for the AirDNA data for that area for the past 3 years and run your numbers.  Linked it below.

    https://theshorttermshop.com/p...

    0Reply
  • Jeffrey A. Brown
    Realtor · Member since 2022 · 4 posts · 3 votes
    4y

    Oh, that was just the Navarre data, but if you go on there, you'll be able to find the Pensacola Beach data as well.

    1Reply
  • Jessica Parker
    Realtor · Navarre, FL · Member since 2014 · 156 posts · 55 votes
    4y

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Jessica Parker:

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)


    Hey Jessica. I'm looking at something close to the beach. I heard that it's hard to get an insurance when you're in the gulf front. Is that true? If I get a property off the shore, what amenities would make it more attractive to STR clients? I would assume pool or a hot tub? Thank you so much for reaching out. I already have a realtor but would love to be a part of your community. Also, do you by any chance have good handyman you would recommend?

    Thanks and have a nice weekend,

    Abbie

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Kenneth Garrett:

    @Abigail Cariaga

    I have a short term rental in Miramar Beach, but I recently moved near Navarre Beach. Navarre Beach is a great location with much less tourist activity then say Destin in the summer months.  This time of year it’s not very crowded.  It’s a very good choice.  

    Hi Kenneth!  Thanks for reaching out.  How do you like Navarre Beach? I plan to go there this month once our offer gets accepted. Any tips a newbie like me?

    Thanks and have a nice weekend!

    Abbie




    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Jeffrey A. Brown:

    Emerald Coast is the best coast :).  Check out the Short Term Shop website for the AirDNA data for that area for the past 3 years and run your numbers.  Linked it below.

    Hi Jeffrey. Thank you for the tip.

    Have a nice weekend,

    abbie

    https://theshorttermshop.com/p...


    0Reply
  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    4y

    @Abigail Cariaga

    Navarre Beach is fantastic.  Everything is convenient there; restaurants, drinks, shopping etc.  Quieter beaches than in Destin.  

    0Reply
  • Jessica Parker
    Realtor · Navarre, FL · Member since 2014 · 156 posts · 55 votes
    4y
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)


    Hey Jessica. I'm looking at something close to the beach. I heard that it's hard to get an insurance when you're in the gulf front. Is that true? If I get a property off the shore, what amenities would make it more attractive to STR clients? I would assume pool or a hot tub? Thank you so much for reaching out. I already have a realtor but would love to be a part of your community. Also, do you by any chance have good handyman you would recommend?

    Thanks and have a nice weekend,

    Abbie

     Hey Abbie, 

    Yeah, I'm sure it is harder to get insurance being on the gulf front because those properties takes the brunt of the storms that come off the gulf, but it's certainly not impossible.  If you were to get a property not on the island I would highly suggest something with a pool or have one put in, that way you stand out amongst your competition. I would also make sure you have a nice outdoor living space they can enjoy.  

    I do have a good handyman I can recommend as well. Sending you a dm. :)

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Jessica Parker:
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)

    Thanks Jessica. I was thinking of that too....pool for a property. Would a spa be good too? ;-) 

    Happy Monday!
    Abbie

    Hey Jessica. I'm looking at something close to the beach. I heard that it's hard to get an insurance when you're in the gulf front. Is that true? If I get a property off the shore, what amenities would make it more attractive to STR clients? I would assume pool or a hot tub? Thank you so much for reaching out. I already have a realtor but would love to be a part of your community. Also, do you by any chance have good handyman you would recommend?

    Thanks and have a nice weekend,

    Abbie

     Hey Abbie, 

    Yeah, I'm sure it is harder to get insurance being on the gulf front because those properties takes the brunt of the storms that come off the gulf, but it's certainly not impossible.  If you were to get a property not on the island I would highly suggest something with a pool or have one put in, that way you stand out amongst your competition. I would also make sure you have a nice outdoor living space they can enjoy.  

    I do have a good handyman I can recommend as well. Sending you a dm. :)


    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Kenneth Garrett:

    @Abigail Cariaga

    I have a short term rental in Miramar Beach, but I recently moved near Navarre Beach. Navarre Beach is a great location with much less tourist activity then say Destin in the summer months.  This time of year it’s not very crowded.  It’s a very good choice.  


     Hi Kenneth. Good to know. I hope it's still a good short term rental market? Would love to meetup when I visit Navarre.


    Best,

    Abbie

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Jeffrey A. Brown:

    Emerald Coast is the best coast :).  Check out the Short Term Shop website for the AirDNA data for that area for the past 3 years and run your numbers.  Linked it below.

    https://theshorttermshop.com/p...

    Thanks Jeff. I've used those numbers for my calculation. Hoping to find the right property. Thanks for your reply. ;-)


    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Anne M Stenzel:

    We have a STR 2/2 condo on Navarre Beach. Reach out if you have specific questions. My husband and I are interested in Cape Coral!

    I would say that NB is definitely up and coming but is experiencing growing pains.  There are traffic problems of course but I think that is due to a huge influx of people migrating here.  Navarre is full of military and retirees.  It seems like everyone I know down there are retired DOJ, federal contractors and military.  There are 3-4 military bases in the area so lots of military vacation there after they are stationed elsewhere.  Unlike most of FL, the high season is April-August and the majority of our guests drive from the southern US.  We are seeing more guests fly as both Allegiant and now Sun Country are offering direct flights into the Destin airport (which recently opened a brand new concourse) which is about 30-35 minutes away from NB.


     Hi Anne.  Thank you for your reply.Good to know. I'll PM you.

    0Reply
  • Jessica Parker
    Realtor · Navarre, FL · Member since 2014 · 156 posts · 55 votes
    4y
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)

    Thanks Jessica. I was thinking of that too....pool for a property. Would a spa be good too? ;-) 

    Happy Monday!
    Abbie

    Hey Jessica. I'm looking at something close to the beach. I heard that it's hard to get an insurance when you're in the gulf front. Is that true? If I get a property off the shore, what amenities would make it more attractive to STR clients? I would assume pool or a hot tub? Thank you so much for reaching out. I already have a realtor but would love to be a part of your community. Also, do you by any chance have good handyman you would recommend?

    Thanks and have a nice weekend,

    Abbie

     Hey Abbie, 

    Yeah, I'm sure it is harder to get insurance being on the gulf front because those properties takes the brunt of the storms that come off the gulf, but it's certainly not impossible.  If you were to get a property not on the island I would highly suggest something with a pool or have one put in, that way you stand out amongst your competition. I would also make sure you have a nice outdoor living space they can enjoy.  

    I do have a good handyman I can recommend as well. Sending you a dm. :)



    I'm sure a spa wouldn't hurt...But it is pretty hot out here during the busy months unless you had some snowbirds during the off season it probably wouldn't get used too much! The short term market out here is getting a bit saturated though.... I had a STR that I had open until the beginning of this month and it was great, pretty much fully booked through summer. The end of August really started slowing down and then my calendar was completely empty with no bookings despite me slashing prices. So just keep in mind if you aren't on the island, you might really slow down in September. I only had it open since February, so I'm not sure how it is September-January is. We had an RV we were using as an STR, but had a neighbor start complaining and were forced to shut it down. :(

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    4y
    Quote from @Jessica Parker:
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:
    Quote from @Abigail Cariaga:
    Quote from @Jessica Parker:

    @Abigail Cariaga Hey! Navarre Beach is a great area, and I'd definitely say it's up and coming. There are new things being built constantly around here it seems. Now is a great time to get in. Are you looking for a gulf front property or something just close to the beach? I have noticed, the STR's that aren't right on the beach have a little more vacancy in these off months. I'm pretty involved here in the local community and also a realtor based out of Navarre. Hit me up on here if you want to chat. I'm happy to give you any insight. :)

    Thanks Jessica. I was thinking of that too....pool for a property. Would a spa be good too? ;-) 

    Happy Monday!
    Abbie

    Hey Jessica. I'm looking at something close to the beach. I heard that it's hard to get an insurance when you're in the gulf front. Is that true? If I get a property off the shore, what amenities would make it more attractive to STR clients? I would assume pool or a hot tub? Thank you so much for reaching out. I already have a realtor but would love to be a part of your community. Also, do you by any chance have good handyman you would recommend?

    Thanks and have a nice weekend,

    Abbie

     Hey Abbie, 

    Yeah, I'm sure it is harder to get insurance being on the gulf front because those properties takes the brunt of the storms that come off the gulf, but it's certainly not impossible.  If you were to get a property not on the island I would highly suggest something with a pool or have one put in, that way you stand out amongst your competition. I would also make sure you have a nice outdoor living space they can enjoy.  

    I do have a good handyman I can recommend as well. Sending you a dm. :)



    I'm sure a spa wouldn't hurt...But it is pretty hot out here during the busy months unless you had some snowbirds during the off season it probably wouldn't get used too much! The short term market out here is getting a bit saturated though.... I had a STR that I had open until the beginning of this month and it was great, pretty much fully booked through summer. The end of August really started slowing down and then my calendar was completely empty with no bookings despite me slashing prices. So just keep in mind if you aren't on the island, you might really slow down in September. I only had it open since February, so I'm not sure how it is September-January is. We had an RV we were using as an STR, but had a neighbor start complaining and were forced to shut it down. :(


     Hi Jessica,

    Sorry to hear that. Bummer they won't allow an RV...Thank you for your honesty. I heard it can be seasonal in Navarre. I hope you get some holiday bookings though. :-) 

    Take care.

    Abbie

    0Reply
  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    3y

    @Abigail Cariaga - Have you ever considered Clearwater/Saint Pete? Panhandle is great too :)

    [email protected]813-563-0877
    Vacation Rentals of Florida53 Reviews
    WebsiteView Page
    0Reply
  • Ricardo Hidalgo
    Real Estate Agent · Member since 2019 · 569 posts · 257 votes
    3y
    Quote from @Abigail Cariaga:

    Hi there. Anyone doing short term rentals in Pensacola/Navarre Florida? I'm looking into buying an STR there and would love to hear your thoughts/insights. TIA.

    Abbie


     I think Navarre is going to be one of the best markets for up and coming beach towns. The bayside looks like holiday isle with multi million dollar homes with great rental potential. Gulf front homes are starting to push 4 million plus bringing a more affluent buyer pool. At the moment, I would say there is more land than homes and the majority of the homes are older builds that will be eventually torn down. 

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    3y
    Quote from @Andrew Steffens:

    @Abigail Cariaga - Have you ever considered Clearwater/Saint Pete? Panhandle is great too :)


     Hi Andrew. Not yet...one day.

    0Reply
  • Abigail Cariaga
    OP
    New to Real Estate · Concord, CA · Member since 2021 · 27 posts · 5 votes
    3y
    Quote from @Ricardo Hidalgo:
    Quote from @Abigail Cariaga:

    Hi there. Anyone doing short term rentals in Pensacola/Navarre Florida? I'm looking into buying an STR there and would love to hear your thoughts/insights. TIA.

    Abbie


     I think Navarre is going to be one of the best markets for up and coming beach towns. The bayside looks like holiday isle with multi million dollar homes with great rental potential. Gulf front homes are starting to push 4 million plus bringing a more affluent buyer pool. At the moment, I would say there is more land than homes and the majority of the homes are older builds that will be eventually torn down. 


     Hi Ricardo. Thank you. 

    0Reply
  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    3y
    Quote from @Abigail Cariaga:
    Quote from @Andrew Steffens:

    @Abigail Cariaga - Have you ever considered Clearwater/Saint Pete? Panhandle is great too :)


     Hi Andrew. Not yet...one day.


     If you ever want to venture down there look us up!

    [email protected]813-563-0877
    Vacation Rentals of Florida53 Reviews
    WebsiteView Page
    0Reply
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