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Updated over 4 years ago,
STR in Panhandle Florida (Santa Rosa beach, Pensacola, etc.)
How's the STR market in the Santa Rosa beach and other areas of the panhandle of Florida? Looking at renting an Airbnb for a few weeks while I try out teleworking and all the rentals I'm seeing that fit my criteria (small pool access, near beach, 1 bed and 1 bath minimum, allows a dog, walkable to beach and a grocery store) in Santa Rosa beach / 30A are all $4-5k+ for 3-4 weeks. That seems crazy during chaos like right now seeing how the demand is low and availability is crazy high on the website.
Makes me wonder about investing in the area. What are investors seeing in that area right now compared to usual start of summer season?