STR Communities zoned as STRs

[Dax Jauhola]

We have owned a STR in Scottsdale for the last 4 years and are getting ready to buy another one. However, like everyone else, we are not really sure about the next market. We live in Seattle, so somewhere on the West Coast would be ideal.

I am not sure if I want to buy another STR in a residential area because of the unpopularity of Airbnb in some areas, such as Southern California. I feel like eventually, these local municipalities will ban Airbnb. In Scottsdale we have Homes not Hotel signs in many of the yards, this is a group trying to ban Airbnb.

In Washington, we have Suncadia and Seabrook. Oregon has Sun River. These are communities that were built to be STRs, zoned as STRs, and will always be STRs. If someone buys a home in one of these communities, they understand that it’s a vacation destination.

I am not exactly sure what these are called or how to search for them? Are there communities like these in California, Colorado, or Utah

Here is Suncadia and Seabrook

https://www.destinationhotels.com/suncadia-resort

https://www.travelandleisure.com/trip-ideas/seabrook-town-washington-coast

[Shawn McCormick]

Quote from @Andrew Steffens:

I know FL is the exact opposite side of the country you want to invest in but we have state level protections in place.  There is a state law from 2014 where municipalities cannot create new or amend previous laws regarding how long or short a homeowner can rent their property for.  Places like Clearwater Beach that had existing laws can keep the law but cannot change it.

Orlando has some communities built where they were built for investors/second home owners in mind to use and then rent out most of the year. However, the Orlando market is really struggling with saturation currently (all it really has to offer is Disney - I like markets where there are multiple draws). I am not sure there is a specific term for this type of community, rather they market is as STR friendly, etc.

Best of luck!

Sounds like you don't know Orlando as well as you may think. We actually have a couple dozen great communities built specifically for STR and we have much much more than Disney that people come here for. In fact, most of my clients that own STR's near Disney say that only about 40% say they are here for Disney. Its the location to Disney that is the key, thats just where the zoning is friendly and the inventory is plentiful.