Ormond/Daytona Beach STR

[Quinn Stewart]

I am moving to Ormond Beach in a few months and looking into getting my first STR property. I was curious if any BP investor has experience with STRs in the Daytona Beach/Ormond Beach area? Daytona Beach does not seem like a popular city when investors talk about STRs.

According to airDNA, the occupancy rate is 74% in Daytona Beach and 76% in Ormond Beach. The barrier to entry to buy a home is low, and has been low for awhile. However, I was curious if anybody had thoughts on investing in a STR there or looking at other places in Florida.