Santa Rosa Beach 30-A Vacation Rentals

[Tyler Work]

Hello BP world! I’m looking to connect with owners of single family homes on the Florida Panhandle, specifically around 30-A in Walton County that use their property either part or full time as a vacation or long term rental. I am interested in buying a second home and renting it out on Airbnb/VRBO etc but have found a lack of good information on revenue projections, occupancy etc. Any and all thoughts and shares are appreciated!

[Warren Johnson]

Familiar with the area.  No good deals to be found in that area.  Have looked alot down there and did buy a beach gulf front condo.   Houses you can get in the area off Scenic 98A and make some money on them.  You are talking around $400+ in that area which is very nice and walk to beach from neighborhood vs over $600/ft.   Definitely a buy and hold.  The region is off old 98 called scenic hwy 98 in Miramar beach between Destin and 30A.  I believe East of Henderson State Park....not commercial at all but you have to get off new 98W which is crazy.  I looked at a house there with a pool and it had a v nice net basically only renting 225 days/yr.  It may be called Crystal Beach.

This is from an agent.....

Example of a Listings in Crystal Beach with a Positive ROI and very low HOA generating over 80 K in Gross Rental Income (GRI)

The up side is you generate more ROI (see attached rental History ) the down side its not Gulf front and you must pay to maintain the property like the pool and the yard (see the Cost to Own ) attached.

The HOA on this for the entire year is $650 and this is a quaint neighborhood with streets of pavers so the HOA is to maintain that.

Click the link below to see the property

http://www.flexmls.com/link.html?1g20zs7d97h0,15,1