investment property in pinellas county Florida

investment property in pinellas county Florida

Member since 2021 · 1 post · 0 votes

I want to buy a SFH as a 1031 exchange in Pinellas county. I was told that Bellair does not allow any rental shorter than 7 months. Any city that will allow shorter leases? I am ok with minimum 30 days and occasional shorter rentals, as i would want to use the property myself part of the year. I am from out of state

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Realtor · PInellas County Largo, FL · Member since 2016 · 902 posts · 810 votes
5y

You are correct that Belleair does not allow anything less than 7 months. I have seen the best returns in Largo and unincorporated Pinellas county areas of Seminole and St Pete. Clearwater and St Pete allow minimum 30 days.

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  • Realtor · PInellas County Largo, FL · Member since 2016 · 902 posts · 810 votes
    5y

    You are correct that Belleair does not allow anything less than 7 months. I have seen the best returns in Largo and unincorporated Pinellas county areas of Seminole and St Pete. Clearwater and St Pete allow minimum 30 days.

  • Dave FosterBusiness Member
    Qualified Intermediary for 1031 Exchanges · St. Petersburg, FL · Member since 2013 · 9k+ posts · 9k+ votes
    5y

    @Ylan Tran, @Dan Maciejewski hit it on the head.  Each community treats is different but most cities allow the 30 day minimum.  However, there's a whole bunch of beach communities like St. Pete Beach, Madeira, The Redingtons, and Indian Shores/Indian Rocks Beach where the minimum term of rental can vary from block to block within the same community.  I'll bet Dan can wade through that with you.

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  • Realtor · PInellas County Largo, FL · Member since 2016 · 902 posts · 810 votes
    5y
    Originally posted by @Dave Foster:

    @Ylan Tran, @Dan Maciejewski hit it on the head.  Each community treats is different but most cities allow the 30 day minimum.  However, there's a whole bunch of beach communities like St. Pete Beach, Madeira, The Redingtons, and Indian Shores/Indian Rocks Beach where the minimum term of rental can vary from block to block within the same community.  I'll bet Dan can wade through that with you.

    I sure can!  It can be frustrating sometimes.  I'm always here to answer questions.

    p.s. I just closed a 1031 that Dave was the QI for.  Ezelle for Pointsource!

  • Raymond J. RodriguesBusiness Member
    Lender · Miami, FL · Member since 2017 · 1k+ posts · 797 votes
    5y

    @Ylan Tran reach out to @Nicole Shaw if you’re looking for a vacation rental property in the Tampa Bay Area. She knows her stuff! 

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