Despite some national trends of decreased occupancy and revenue, Cape Haze, Florida, is poised for a strong late fall season with stabilizing occupancy rates and slightly increasing average daily rates, making it an attractive destination for vacation renters.
Thriving Short-Term Rentals in Cape Haze, Florida: A Promising Outlook
Cape Haze, Florida, is experiencing a resilient short-term rental market despite some broader industry trends. While the U.S. as a whole has seen a slight decline in occupancy rates, with August 2024 calendar occupancy being 2% lower than in 2023 and 5% lower than in 2022, the unique attractions and amenities of Cape Haze are helping to maintain a strong appeal. The area, known for its beautiful beaches, numerous golf courses, and various outdoor activities such as water sports and eco tours, continues to draw visitors.
In terms of performance, average daily rates (ADRs) in the broader U.S. short-term rental market have remained fairly consistent, with August 2024 rates at $329, just $3 higher than the previous year but still competitive. Although occupancy rates have seen a slight decrease, the region's diverse offerings and the anticipation of a return to pre-pandemic trends suggest a positive outlook for short-term rentals in Cape Haze. As the market stabilizes and demand begins to catch up with supply, property managers are optimistic about modest growth and stable occupancy rates moving forward.
Short-Term Rental Regulations in Cape Haze, Florida for 2024
State and Local Requirements
Licensing and Registration
- All short-term rental hosts must register for a Florida Sales Tax Certificate Number and a County Local Business Tax Receipt.
Statewide Registry
- If Senate Bill 280 is signed into law, hosts will need to register their properties with a new statewide registry for vacation rental properties.
Permits and Inspections
- Hosts may need to obtain permits from local governments, which could include mandatory property inspections to ensure compliance.
Tax Collection
- Hosts are required to collect a Tourist Development Tax from guests and remit it to the county. Additionally, they must collect and remit state sales tax.
Occupancy Limits
- Maximum overnight occupancy is limited to 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 Local Ordinances
- Hosts must comply with local ordinances, including noise regulations, parking rules, and other restrictions. Violations can result in fines or suspension of the rental registration.
Availability of a Responsible Party
- A responsible party must be available by telephone 24 hours a day, seven days a week, to respond to complaints or emergencies related to the vacation rental.
Additional Local Restrictions
- Some areas within Cape Haze may have additional restrictions or requirements, such as zoning laws or Homeowners Association rules.
Fines for Non-Compliance
- Significant fines can be imposed for non-compliance with regulations, including operating without proper registration or permits.
Other Considerations
Local Government Fees
- Local governments may charge a reasonable fee for registering vacation rental properties.
Suspension of Registration
- Vacation rental registrations can be suspended for repeated violations of local ordinances.
By adhering to these regulations, hosts in Cape Haze, Florida, can ensure compliance and avoid potential fines or penalties.
Top Neighborhoods for Airbnb Revenue in Cape Coral, Florida
While the specific term "Cape Haze" is not commonly used, it is likely a reference to the broader area of Cape Coral, Florida. Here are the top neighborhoods in Cape Coral that generate significant Airbnb revenue and their appeal to guests:
1. Cape Coral Farmers Market Area
- Appeal: This area is popular due to its proximity to local amenities, including the Cape Coral Farmers Market, which attracts visitors looking for fresh produce and local goods.
- Metrics: High occupancy rates and average daily rates, with many listings offering amenities like heated pools and boat access.
2. Sun Splash Family Waterpark Area
- Appeal: Families are drawn to this area because of the Sun Splash Family Waterpark, a major attraction for those seeking fun and entertainment.
- Metrics: Properties near the waterpark tend to have high occupancy rates, especially during peak seasons, and command higher average daily rates.
3. Cape Coral Yacht Club Beach Area
- Appeal: This area is appealing for its beach access and waterfront activities, making it a favorite among tourists looking for a beach vacation.
- Metrics: High average daily rates and occupancy rates, with many listings offering waterfront views and boat access.
4. Four Mile Cove Ecological Preserve Area
- Appeal: Nature lovers and those seeking outdoor activities are attracted to this area due to the Four Mile Cove Ecological Preserve, which offers hiking trails and wildlife viewing.
- Metrics: Properties in this area benefit from a steady stream of guests interested in nature and outdoor activities, leading to consistent occupancy and revenue.
5. Tarpon Point Marina Area
- Appeal: This area is popular for its marina and waterfront dining options, making it a hub for those interested in boating and water activities.
- Metrics: High average daily rates and occupancy rates, particularly during peak months like February, when demand for waterfront properties is highest.
6. Pelican Neighborhood
- Appeal: Known for its family-friendly environment and community amenities, the Pelican neighborhood is attractive to families and groups.
- Metrics: This neighborhood has an average occupancy rate of 49% and an average daily rate of $239, making it a profitable area for Airbnb hosts.
These neighborhoods in Cape Coral offer a mix of recreational activities, local amenities, and scenic beauty that make them highly appealing to Airbnb guests and profitable for hosts.
Furnishing and Design Tips for an Inviting Airbnb in Cape Haze, Florida
Color Palette and Decor
- Use a neutral color palette for walls and large furniture pieces to create a relaxed and welcoming atmosphere. Incorporate coastal colors such as blues, whites, and sandy neutrals to reflect the city's beachside charm.
Furniture Selection
- Choose comfortable and stylish furniture that fits the coastal theme. For living rooms, consider oversized sectional couches or sofas with a beach-inspired design. In bedrooms, include king-size beds or memory-foam mattresses for maximum comfort.
- Ensure each bedroom has essential furniture like bedframes, closets or clothing racks, nightstands, and lamps.
Coastal Accents
- Add decorative items that reflect the coastal lifestyle, such as nautical themes, shell decorations, or local artwork. Incorporate natural elements like wicker furniture, jute rugs, and plants to enhance the beachy feel.
Kitchen Essentials
- Equip the kitchen with necessary appliances like a refrigerator, cooktop, oven, microwave, coffee maker, and toaster oven. Include cooking utensils, pots, pans, and dishes to make the space functional and inviting.
Bathroom Amenities
- Provide luxurious bathroom amenities such as a towel-warming rack, high-quality towels, and a fully stocked bathroom with essentials like toiletries and a hair dryer.
Outdoor Spaces
- If your Airbnb has outdoor spaces, furnish them with comfortable beach chairs, a cabana or gazebo, and a grill for outdoor dining. Ensure there is private beach access or a path leading to the beach for a seamless transition between indoor and outdoor living.
Lighting and Textiles
- Use lighting that complements the coastal theme, such as string lights or lanterns. Add throw pillows, blankets, and area rugs in coastal colors to create a cozy and inviting atmosphere.
Local Touches
- Incorporate local elements such as shells, driftwood, or local artwork to give your Airbnb a unique and authentic Cape Haze feel. Consider adding a welcome basket with local treats and information about the area.
Technology and Convenience
- Ensure high-speed WiFi is available and consider adding smart TVs and other modern conveniences to enhance the guest experience. Provide amenities like laundry detergent, iron, and ice trays to make the stay as comfortable as possible.
Guest Communication
- Establish clear communication with guests through a welcome guide or notes around the house. This can include tips on local attractions, how to use appliances, and any specific rules or recommendations for the property.
Discovering Cape Haze, Florida: Local Attractions and Insider Tips
Local Attractions
Outdoor Adventures
- Don Pedro Island State Park: Explore this pristine state park, known for its untouched natural beauty and abundant wildlife.
- Stump Pass Beach State Park: Enjoy the scenic beaches and nature trails of this protected area.
- Boca Grande Trail: Bike through this trail and experience the local flora and fauna.
Water Activities
- Dolphin and Whale Watching Tours: Take a guided tour to spot marine life, including dolphins and whales.
- Kayak Eco Tours: Explore the open waters of Cape Haze through kayak eco tours.
- Boat Rentals and Fishing Charters: Utilize services like Blake Tours, Man Overboard Charters, and Paradise Fishing Charters for a day on the water.
Golfing
- Rotonda West Golf Courses: With five community courses, Rotonda West is a golfer's paradise. Enjoy public and semi-private courses throughout the area.
Family-Friendly Activities
- Calusa Nature Center and Planetarium: Learn about Florida's natural history and see injured birds of prey up close.
- Mote Aquarium: Discover over 100 species of marine life and enjoy interactive touch pools.
Cultural and Entertainment
- Lemon Bay Playhouse: Catch a performance at this community destination for the performing arts.
- Englewood Beach: Known for its phenomenal beaches, fishing, parks, arts, and culture. It's a great spot for shell collecting and other marine findings.
Insider Tips
Best Beaches
- Manasota Key Beach: An 11-mile barrier island with limited parking, but abundant natural beauty and fishing opportunities.
- Englewood Beach: A hidden gem with crystal clear waters and fabulous views of the Gulf of Mexico.
Dining and Shopping
- Waterfront Dining: Enjoy al fresco dining experiences with waterfront views at many local restaurants.
- Local Shopping: Explore malls and shops in the area, including those in Port Charlotte and Englewood.
Community Insights
- Palm Island: Accessible only by ferry or water taxi, this island offers a secluded getaway with all the necessities for a great vacation.
- Rotonda West: Known for its exotic birds, wildlife, and extensive canals, lakes, and ponds, making it ideal for fishing and boating.
Seasonal Activities
- Spring Training: If visiting in the spring, catch the Tampa Bay Rays spring training in Port Charlotte.
By sharing these local attractions and insider tips, you can help your guests make the most of their visit to Cape Haze, Florida.
Practical Tips to Run a Successful Short Term Rental Business in Cape Haze, Florida
To ensure the success and smooth operation of a short-term rental business in Cape Haze, Florida, several practical tips can be implemented:
Noise Regulations and Guest Communication
Inform guests about quiet hours and local noise regulations to maintain a harmonious environment with the community. Include this information in both digital and physical house manuals to ensure clarity.
Comprehensive House Manual
Create a detailed house manual that includes essential instructions, Wi-Fi passwords, and other pertinent information. This manual should be available both digitally and in physical form within the rental property.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the entrance and any specific steps they need to follow.
Parking Instructions
Include detailed parking instructions with photos in the house manual to avoid any confusion. This ensures that guests know exactly where to park and how to navigate the property’s parking area.
By following these tips, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Cape Haze, Florida.
Here is a brief list of house cleaning providers in Cape Haze, Florida:
House Cleaning Services in Cape Haze, FL
Homeaglow
- Offers professional, affordable, and background-checked cleaners.
- You can book your first 3-hour clean starting from $19.
If you are looking for services in nearby areas or additional types of providers, here are some alternatives:
Nearby Areas
- For services in Englewood, FL, there are several house cleaning companies listed, with an average rate of $21.23/hr and an average experience of 7 years.
Note that the list is limited to the specific area of Cape Haze, and there may be other local providers not mentioned in the sources.
Short-Term Rental Management Fees in Cape Haze, Florida: A Comprehensive Guide
In Cape Haze, 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, which handle guest communication, marketing, and maintenance, tend to charge fees on the higher end of this spectrum, often around 20% to 30% of the revenue.
Basic services, such as rent collection and minimal maintenance, may be available at lower rates, sometimes as low as 8% to 10% of the monthly rent. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design enhancements. For instance, some companies charge guests for cleaning fees, which can be passed on to the owner or managed within the overall fee structure. Understanding these varying fee structures is crucial for property owners to make informed decisions that align with their investment goals and service needs.