Airbnb & VRBO Performance in Cape Coral Florida.

Short-Term Rental Regulations in Cape Coral, Florida for 2024

Registration Requirements

• All residential rental properties with four units or fewer must be registered with the city of Cape Coral.
• Properties exempt from registration include rentals owned by federal, state, or local housing programs, hotels, motels, and licensed residential facilities with no owner-occupied units.
• A one-time registration fee of $35 is required.

Required Documents

• Completed Residential Rental Property Registration Form
• Owner contact information
• Property manager or local contact person details, including name and 24/7 phone number
• Signed owner affidavit attesting that the information is accurate.

Minimum Rental Period

• Although not always strictly enforced, the city prohibits rentals shorter than 7 days.

Local Contact Person

• A local contact person must be designated and available 24/7 to respond to any issues or emergencies at the property. This person must be 18 years or older.

Maximum Occupancy Limits

• Maximum occupancy limits may apply based on the property type. State regulations allow for two persons per bedroom, plus an additional two persons in one common area, or more than two persons per bedroom if there is at least 50 square feet per person, plus an additional two persons in one common area.

Compliance with City Codes

• Properties must comply with city codes on noise, trash, property maintenance, and other general city ordinances.

Tax Requirements

• Short-term rental owners must collect and remit the 6% State Sales Tax to the Department of Revenue.

State Licensing

• In addition to local registration, short-term rental properties must also be licensed by the Florida Department of Business and Professional Regulation (DBPR) if rented more than three times a year for less than 30 days or publicly advertised for such use.

Enforcement and Penalties

• Failure to register or comply with regulations can result in fines. The city responds to complaints from residents about problem properties, and repeated violations can lead to fines or revocation of the rental license.

Top Neighborhoods Generating Airbnb Revenue in Cape Coral, Florida

1. Yacht Club Area

The Yacht Club area is highly appealing due to its proximity to bars, restaurants, and stores. Guests can walk or bike around the area, and it is just a 5-minute drive to the Cape Coral beach and yacht club. The availability of personal docks for boat rentals and the fastest internet available make it a favorite among guests.

2. Cape Harbour

Cape Harbour is a yachting community located at the southern end of Chiquita Boulevard, offering luxury homes, condominiums, and villas with water views. The area features dining, shopping, and access to a deep water marina, making it attractive for guests seeking a luxurious waterfront experience.

3. Tarpon Pointe

Tarpon Pointe is known for its luxury waterfront homes and beach access. The neighborhood includes high-rise buildings with spectacular water views and amenities such as fine waterfront dining and marina access. This area is popular among guests looking for a luxurious and scenic stay.

4. Pelican Neighborhood

The Pelican neighborhood is favored for its waterfront houses and quiet setting. Guests appreciate the serene environment and the opportunity to enjoy waterfront views and activities.

5. Gulf Coast Estates

Gulf Coast Estates is appealing to active guests who enjoy the outdoor atmosphere. The area offers easy access to water activities and is close to various amenities, making it a popular choice for those seeking an active vacation.

6. Del Prado

Del Prado is centrally located and features safe streets with ranch-style homes and lush landscaping. Its proximity to schools, restaurants, and convenience stores makes it a convenient and family-friendly option for guests.

Why These Neighborhoods Are Appealing

• Waterfront Access: Many of these neighborhoods offer direct access to canals, marinas, or beaches, providing guests with opportunities for boating, fishing, and other water activities.
• Luxury and Amenities: Areas like Cape Harbour and Tarpon Pointe offer luxurious accommodations, fine dining, and shopping, catering to guests seeking a high-end experience.
• Convenience: Neighborhoods such as the Yacht Club Area and Del Prado are close to essential amenities like restaurants, stores, and schools, making them convenient for families and travelers.
• Scenic Views: The waterfront locations in these neighborhoods provide breathtaking views and serene environments, which are highly rated by guests.
• Outdoor Activities: The proximity to outdoor recreational opportunities in areas like Gulf Coast Estates makes them ideal for active guests.

Tips for Furnishing and Design of an Airbnb in Cape Coral, Florida

To create an inviting and uniquely styled Airbnb in Cape Coral, Florida, consider the following tips:

Embrace Coastal and Waterfront Themes

• Incorporate coastal elements such as ocean-inspired wall art, driftwood, and vintage surfboards to evoke a beach house ambiance.
• Use coastal colors like blue, white, and sandy beige to create a soothing atmosphere.

Utilize Local Charm and Amenities

• Invest in properties with boat access or water views, as these are highly sought after in Cape Coral.
• Include amenities like private heated pools, spas, and outdoor dining sets to enhance the guest experience.

Incorporate Modern and Luxurious Touches

• Equip your property with modern amenities such as high-speed internet, well-equipped kitchens, and flat-screen TVs to cater to guest preferences.
• Add luxurious features like king-sized beds, spa-like bathrooms with oversized soaking tubs, and smart home devices.

Focus on Natural Materials and Textures

• Use natural materials like wood, stone, and linen to add texture and warmth to your space, aligning with the neutral and calming aesthetic often preferred by guests.

Create a Welcoming Outdoor Space

• Design outdoor areas with features like lanais, patios, and backyard spaces that provide ample room for relaxation and enjoyment.
• Consider adding outdoor amenities such as BBQ grills, sun loungers, and dockside seating to enhance the waterfront experience.

Reflect the Southwest Florida Style

• Incorporate elements inspired by the Southwest Florida landscape, such as rustic charm and western outdoor living, to give your space a unique regional flair.

Maintain a Clean and Timeless Design

• Adopt a minimalist design approach with simple lines and uncluttered spaces to create a clean and timeless aesthetic.
• Avoid excessive ornamentation and focus on creating a sense of airiness and tranquility.

Personal Touches and Local Character

• Add personal touches that make the space feel like a home, such as bright paint, game rooms, and local artwork.
• Include local amenities like kayaks and beach gear to help guests fully experience the area.

By following these tips, you can create an Airbnb in Cape Coral that is both inviting and reflective of the city's unique style and charm.

Discovering Cape Coral, Florida: Local Attractions and Insider Tips

Natural Attractions and Parks

• Four Mile Cove Ecological Preserve: Explore 350 acres of scenic beauty along the Caloosahatchee River, featuring nature trails through mangroves and coastal prairies.
• Rotary Park Environmental Center: A 100-acre oasis with various landscapes, including shallow flats and mangrove wetlands. It's part of the Great Florida Birding Trail and offers easy navigation via boardwalks.
• Serenia Vista Park: Known for its manatee viewing area and diverse range of exotic bird species, making it a hotspot for bird watchers.
• Tom Allen Memorial Butterfly Garden: Located within Rotary Park, this garden is home to a stunning collection of native butterflies.

Cultural and Historical Sites

• Cape Coral Historical Museum: Learn about the city's history through exhibits, artifacts, and historic photos. Don't miss the resident rose garden and the free Florida Friendly Garden Tour.
• Cape Coral Museum of History: The official repository for the city's history, operated by the Cape Coral Historical Society. It offers guided tours and insights into the area's past.
• The Brotherhood of Heroes Resource Center and Museum: Honors First Responders and Military Service Personnel with exhibits and a Purple Heart Monument. It also provides resources for the community.

Entertainment and Family Fun

• Cultural Park Theatre: Enjoy live shows from September to May, featuring Broadway classics performed by local talent. The theater also hosts an art gallery.
• Gator Mike’s Family Fun Park: Offers ziplining, rock climbing, go-karts, mini golf, and an arcade. A great spot for family fun and adventure.
• Sun Splash Family Water Park: Features various water slides, a main stream river tube ride, and other aquatic attractions. Perfect for hot days.
• Tropical Breeze Fun Park: Includes a deluxe miniature golf course and extreme outdoor laser tag.

Festivals and Events

• Cape Coral Festival of the Arts: Held on the second weekend of January, this festival showcases artists and craft-makers from across the United States. Enjoy live music and diverse art forms.
• Burrowing Owl Festival: Celebrates Cape Coral’s official bird with activities, informative displays, and educational programs during the nesting season.
• Cardboard Boat Regatta: A fun and creative event where participants build boats using cardboard and duct tape, held at Four Freedoms Park.
• Cape Culture Fest: A celebration of multiculturalism with cultural displays, performances, and cuisine from around the world.

Insider Tips

• Cape Coral Farmers Market: Visit this bustling market for fresh regional produce, handmade treats, and a glimpse into local culture.
• Cape Coral Brewing Company: Relax with a variety of craft beers and live music every weekend.
• Yacht Club Community Park: A popular gathering place with a beautiful beach, fishing pier, and facilities for racquetball and tennis.
• Mattlacha: Explore this historic fishing village between Cape Coral and Pine Island, known for its colorful buildings, eclectic artwork, and delicious seafood.

Additional Recommendations

• Kayak Tours: Explore the canals and waterways of Cape Coral via kayak for a unique perspective on the city's natural beauty.
• Golfing: Cape Coral is home to several golf courses, including the Coral Oaks Golf Course designed by Arthur Hills.
• Local Art: Visit the Harbor View Gallery, an artist-owned co-op showcasing local artwork.

By sharing these attractions and tips, you can help your guests make the most of their visit to Cape Coral, Florida.

Practical Tips to Run a Successful Short-Term Rental Business in Cape Coral, Florida

To ensure a smooth and profitable short-term rental business in Cape Coral, Florida, several practical tips can make a significant difference. Here are some key considerations:

Noise Regulations and Guest Communication

Inform your guests about the local noise regulations and quiet hours to avoid any issues with neighbors. Including this information in your digital and physical house manual helps set clear expectations and maintains a positive relationship with the community.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and other important details about the property. This manual should be easily accessible and user-friendly to reduce the number of guest inquiries.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions and photos on how to access the property, including parking instructions to ensure guests can find and park their vehicles without hassle.

Additional Tips

• Ensure compliance with local regulations, such as obtaining the necessary Vacation Rental Dwelling License and collecting the required taxes (5% Tourist Development Tax and 6.5% Florida state sales tax).
• Conduct regular property inspections and maintenance to maintain high standards and avoid penalties related to noise, parking, and waste disposal.
• Leverage local attractions in your listings to enhance appeal, especially during off-peak seasons when creative marketing strategies are crucial.

By implementing these tips, you can enhance the guest experience, reduce potential issues, and maximize your rental income in Cape Coral.

Here is a brief list of house cleaning providers in Cape Coral, Florida:

House Cleaning Services in Cape Coral, FL

The Cleaning Authority - Cape Coral

• Offers customizable house cleaning services, including a Detail-Clean Rotation System.
• Uses eco-friendly cleaning products.
• Fully bonded and insured.
• Provides immediate, accurate online quotes and a satisfaction guarantee.

Merry Maids - Cape Coral

• Provides premium, professional home cleaning services, including weekly housekeeping and seasonal deep cleans.
• Restores balance to your home with extensive cleaning processes and thorough techniques.

Home Cleaners Express

• Top-rated, flexible, and affordable house cleaning services in Cape Coral, Fort Myers, and surrounding areas.
• Offers one-time, recurring, move-in/move-out, and post-construction cleaning services.
• Licensed, insured, and pet-friendly.

My Cleaning Angel

• Matches clients with local cleaners for various house cleaning services.
• Offers one-time, recurring, move-in/move-out, post-construction, and vacation rental cleaning.
• Uses eco-friendly cleaning products and provides customizable cleaning packages.

These services cater to different needs and preferences, ensuring a clean and healthy home environment in Cape Coral.

Cape Coral, Florida: Understanding Short-Term Rental Management Fees

In Cape Coral, Florida, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as Seabim, Vesteva, and Vacasa, which handle comprehensive tasks including guest communication, marketing, maintenance, and property inspections, tend to charge fees on the higher end of this spectrum, often between 20% to 30% of monthly revenue.

In contrast, basic services or companies offering more streamlined management, like Ziprent, may charge lower fees, sometimes as flat rates rather than a percentage of revenue. Additional costs can include fees for cleaning, repairs, and design services, which may be billed separately or included in the overall management fee.

Understanding these fee structures is crucial for property owners to make informed decisions and maximize their rental income while ensuring their properties are well-maintained and compliant with local regulations.