Invest in Vacation Rental Florida
Pinellas county celebrated another year of record tourists number and Airbnb’s tax payments to Florida almost doubled year over year.
Average Occupancy Rates on St. Pete Beach, Treasure Island, Madeira beach FL are from 65% to 75% .
STR Vacation Rentals on the beach produce from $35,000-$40,000 gross income.
My market analysis reveals the areas with high rental demand and low expenses. I work with communities that offer superior amenities, low HOA fee, easy rental rules and of course a great location.
Given the current market conditions: high demand and increasing prices, the inventory of good investment properties on the market is limited so you need to act quick in order to get a good income property.
Invest in Short Term Vacation Rentals
Annual Revenue 33,000-$36,000, ROI 16%-22%
Purchase Price $ 270,000 2 Bed 2 b Condo
Down payment 20% $ 54,000
Projected Annual Income $ 33,000-$36,000
Annual Expenses $ 24,000
Monthly expenses: $1,160 Mortgage +Taxes $333+Home Insurance $100+$HOA fee $410=$2,000
Annual NET $9,000-$12,000.
ROI: Cash on Cash Return 16%-22%
Monthly expenses are minimal because HOA $369-$410 covers: Flood insurance, cable, internet, water and amenities.
Rental history of a STR 2 B 2 B Condo located on Golf course right across the bridge from St Pete beach.
Great potential for price appreciation. Currently the prices are below the peak values
