Short-term Rentals (Airbnb) in Jacksonville
I see plenty of Airbnb listings in Jacksonville, but little information on short term rental regulations for the city. Are there regulations (hotel tax?) governing these short term rentals, or any special hoops to jump through when starting up?
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Hi all, I've lived all over Jax Beach, and currently live in Atlantic Beach. You guys are pretty close. All are separate jurisdictions. Jax Beach does not regulate short term rentals. Neptune Beach doesn't allow rentals under 30 or 35 days (I can't remember which one) and Atlantic Beach doesn't allow rentals under 90 days.
I've heard several stories in Neptune Beach of home owners being notified or fined for attempting short term rentals, so the city is definitely keeping a look out. On one occasion, an investor actually bought a Neptune Beach property in order to rent out out short term on Airbnb, and actually didn't find out that it was regulated until after he closed. Heard he sold the house immediately for tens of thousands of dollars less than what it was purchased for.
I'm going to be honest, it's tough finding a good cash-flowing deal out at the beaches. The only way anything makes any sense right now from a financial perspective is if you calculate appreciation into your equation, and that's never a guaranteed thing.
Hope that helps!