Long Beach NY Short term rental

[Mike Obrien]

What is the outlook for short term rentals in Long Beach NY? Is there any regulations/zoning that forbid it and what % occupancy would one expect?

[Michael Keane]

Hi Mike.

I am a full-time resident of Long Beach, NY. 

The regulations around STRs derive from the State, and typically differ by type of residential property (multi-family condo, single family home, etc.). I believe it's a minimum 30 day rental, but double-check that. I Airbnb'd my condo unit for three months to a single tenant last summer, and only required condo board "approval." 

I know of no existing STR provisions deriving specifically from the City of Long Beach, which has always been a thriving rental community. Of course, one never knows what tomorrow may bring...

Peak season is of course Memorial - Labor Day, but there is also demand in the 'off-season' for mid-term rentals (coast guard, traveling nurses, etc.). 

If you want to look at an example of recent strict ordinances regulating STRs, look at Charleston, SC. STRs are restricted to primary residences; in other words, you cannot invest in a property in Charleston and rent it out when you're not there, unless it becomes your primary residence. Even then, I think there is a 30-day minimum (again, double check the specifics).