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Updated about 4 years ago on . Most recent reply

User Stats

25
Posts
11
Votes
Zach Olmstead
  • Investor
  • Tampa, FL
11
Votes |
25
Posts

Airbnb investing in Tampa/St. Pete?

Zach Olmstead
  • Investor
  • Tampa, FL
Posted

Hey all!

I'm trying to decide between renting by the room and Airbnb for my next property. 

I know the laws are different everywhere, and in my area (Tampa/St. Pete, FL) it seems like Tampa is fine with Airbnb, but I think closer to the beach is more desirable and would be much better for cash flow. However, I know there are weird rules for Airbnb by the beach in St. Petersburg/Clearwater - as I believe you can only have 90+ day stays.

If anyone has any airbnbs in this market and can offer some guidance, that'd be awesome. Would love to connect and talk the numbers behind Airbnb investing.

Thanks,

Zach

Most Popular Reply

User Stats

901
Posts
806
Votes
Dan Maciejewski
  • Realtor
  • PInellas County Largo, FL
806
Votes |
901
Posts
Dan Maciejewski
  • Realtor
  • PInellas County Largo, FL
Replied

St Pete and Clearwater are out -- Clearwater definitely enforces it. On the land side, Largo is a great area to look at. There's a sweet spot just over the bridge from Indian Rocks Beach. I just closed 3 separate STR houses and another on Friday.

The STR market for short term rentals is all set to hockey stick as the country opens up but people still don't want to stay in hotels.

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