In Davie, Florida, the short-term rental market is thriving, offering a range of flexible and convenient options with average prices between $2,014 and $3,121, and a variety of fully furnished units that cater to diverse needs, including digital nomads and traveling professionals.
Thriving Short-Term Rental Market in Davie, Florida
Davie, Florida, is experiencing a robust short-term rental market, driven by strong demand and favorable conditions. The area boasts a impressive median occupancy rate of 68%, indicating a high level of attractiveness for short-term renters. This robust occupancy is complemented by healthy average daily rates, although specific daily rates are not provided, the overall market performance suggests lucrative opportunities for hosts. With its appealing environment and stringent regulatory compliance to ensure quality and safety, Davie continues to be an excellent destination for both investors and travelers seeking short-term accommodations.
Short-Term Rental Regulations in Davie, Florida for 2024
Licensing and Registration
- All vacation rentals must be licensed by the Department of Business and Professional Regulation (DBPR) before accepting any bookings.
- Registration with the Town of Davie is mandatory, and the application must include an interior building sketch, licensure with the DBPR, a license with the Florida Department of Revenue for sales and development tax collection, and a Broward County Tourist Development Tax Number Document.
Fees
- Vacation Rental Registration Full Year Fee (October 1 – September 30): $500.00 (includes two initial safety inspections).
- Vacation Rental Registration Half Year Fee (April 1 – September 30): $300.00.
- Non-Owner Occupied Vacation Rental Renewal Registration Fee: $450.00.
- Owner Occupied Vacation Rental Renewal Registration Fee: $400.00.
- Code Compliance Inspection, Building Safety Inspection, Re-Inspection, or Missed Inspection Fee: $100.00.
- Late Registration and Renewal Fee: $75.00.
Compliance and Inspections
- The Town of Davie requires two initial safety inspections as part of the full-year registration fee.
- Additional inspections may be conducted, and a fee of $100.00 will be assessed for each inspection, including re-inspections or missed inspections.
Responsible Party Requirement
- A responsible party must be available 24/7 to address any issues within one hour of being contacted. Failure to respond can result in fines of up to $1,000.00 per violation.
Tax Compliance
- Vacation rental owners must collect and remit state sales tax and local tourist development taxes, which usually range between 7.5% and 12% of revenue.
Violations and Penalties
- Violations of the Town Code and Florida Statute can result in a maximum civil penalty of up to $500.00 per violation.
- Local governments can suspend vacation rental registrations for up to 30 days following three or more violations of local ordinances within a 90-day period.
Property Requirements
- Properties must comply with the Town of Davie Code of Ordinances and other applicable local, state, and federal laws, including Chapter 509 of the Florida Statutes and relevant administrative codes.
- Proof of vacation rental home insurance is required.
Definition of Short-Term Rental
- Short-term rentals are defined as any unit or group of units rented to transient occupants more than three times in a calendar year for periods of less than thirty days or one calendar month, whichever is less, or which is advertised or held out to the public as a place regularly rented to transient occupants.
Top Revenue-Generating Neighborhoods for Airbnb in Davie, Florida
1. Emerald Hills
- Appeal: Emerald Hills is one of the most frequently booked neighborhoods in Davie, offering a mix of family-friendly and pet-friendly rentals. Guests are attracted to its central location, proximity to major highways, and the availability of various amenities such as pools, dedicated workspaces, and fully furnished homes.
2. Lauderdale Isles
- Appeal: Lauderdale Isles is another highly sought-after area, known for its upscale homes and convenient access to beaches, shopping, and dining. The neighborhood boasts a high number of vacation rentals, many of which are highly rated for their cleanliness, location, and additional amenities like hot tubs and private backyards.
3. Melrose Park
- Appeal: Melrose Park offers a diverse range of rentals, including houses, apartments, and villas. Guests appreciate the neighborhood's peaceful atmosphere, family-friendly environment, and the presence of amenities such as pools, BBQ areas, and dedicated workspaces. Its proximity to local attractions and easy access to major roads also make it a favorite among travelers.
4. Plantation
- Appeal: Although technically adjacent to Davie, Plantation is often included in the broader area and attracts significant revenue. It is known for its unique tropical paradises, heated pools, and tiki bars, making it an ideal spot for families, couples, and business travelers. The area's convenience to Sawgrass Mills Mall, FLA Stadium, and other entertainment venues adds to its appeal.
5. Hollywood (adjacent areas)
- Appeal: Neighborhoods adjacent to Davie in Hollywood are popular due to their proximity to the beach, shopping areas, and entertainment spots like the Hard Rock Casino. These areas offer a range of rentals, from cozy suites to luxurious oceanview condos, many of which include amenities like private hot tubs, pools, and high-speed WiFi.
These neighborhoods are appealing to guests due to their combination of convenient locations, diverse range of amenities, and high-quality, well-reviewed rentals that cater to various needs, whether for families, digital nomads, or those seeking a relaxing getaway.
Furnishing and Design Tips for an Inviting Airbnb in Davie, Florida
Define Your Goals and Understand Your Audience
- Identify the type of guests you are targeting (e.g., families, couples, business travelers) and tailor your furnishings and design accordingly.
Set a Budget and Vision
- Establish a clear budget and vision for your Airbnb to ensure consistency and quality in your furnishings. Consider the overall aesthetic you want to achieve and the functional needs of your guests.
Choose Timeless and Functional Furniture
- Opt for sturdy, timeless pieces that are easy to clean and maintain. Consider storage beds, sofas with washable covers, and dining tables that are resistant to wear and tear.
Optimize Layout and Lighting
- Measure your rooms to ensure the best layout, avoiding blockage of natural light sources. Use a combination of lighting types, such as wall sconces and adjustable floor lamps, to enhance the space without crowding surfaces.
Incorporate Smart Storage
- Use space-saving furniture like sofa beds, folding tables, and ottomans with hidden storage. Add wall hooks, pegboards, and stackable containers to keep the space tidy and organized.
Focus on Comfort and Cleanliness
- Ensure all furniture is comfortable and easy to clean. Choose mattresses that are at least 8 inches thick, preferably memory foam, and use mattress covers for longevity. Select chairs that are sturdy yet lightweight.
Add Personality with Decor
- Use wall art, rugs, and plants to reflect the local style and theme of Davie, Florida. Incorporate elements that resonate with the city's unique vibe, such as tropical or coastal themes if applicable.
Enhance with Mirrors and Minimal Decor
- Use mirrors to make the space feel bigger and brighter. Adopt a minimalistic approach to decor, focusing on key features and keeping the space decluttered to maintain a roomy feel.
Consider Accessibility
- Make your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.
Optimize Outdoor Areas
- If your Airbnb has outdoor spaces, optimize them with comfortable seating, lighting, and decor that complements the indoor style. This can significantly enhance the guest experience.
Reflect Local Style
- For Davie, Florida, consider incorporating elements that reflect the city's suburban and natural surroundings. This could include using natural textures, bright colors, and tropical elements to create a welcoming and inviting space.
Discover Davie, Florida: Local Attractions and Insider Tips
Local Attractions
Historical and Cultural Sites
- Old Davie School Historical Museum: Explore the first permanent school in the Everglades, built in 1918. Learn about Davie's history and participate in events like paranormal investigations, Teach & Tea lessons, and painting sessions.
- Insider Tip: Don't miss the diverse mural outside the museum for a great photo opportunity.
Outdoor and Nature
- Flamingo Gardens: A 60-acre botanical garden and wildlife sanctuary featuring Florida native wildlife, including alligators, bears, and flamingos. Enjoy narrated tram tours and wildlife encounters.
- Insider Tip: Check out the largest collection of Florida native wildlife and the unique plant species.
- Tree Tops Park: A park with restored freshwater marsh, nature trails, equestrian center, and various recreational activities like biking, horseback riding, and fishing.
- Insider Tip: Ideal for leisurely strolls, bird-watching, and paddle boating on the lake.
- Robbins Preserve: A scenic park with expansive fields, shaded picnic areas, and winding trails. Popular for jogging, biking, and horseback riding.
- Insider Tip: Great place for a peaceful moment under the trees or a family picnic.
- Vista View Park: Known for its high hills and panoramic views, perfect for hiking, biking, and flying kites. Enjoy watching sunsets and having family picnics.
- Insider Tip: Unique spot in South Florida with elevated areas offering miles of lush landscape views.
Parks and Trails
- Linear Park's Trail: An eight-mile trail that connects to other accessible trails, passing through historic downtown Davie and notable sites like the Old Davie School Historical Museum and Town Hall.
- Insider Tip: Great for a quick escape into nature and exploring Davie's suburban and rural neighborhoods.
- Ivanhoe Park's Trail: Loops through various neighborhoods, offering a scenic and peaceful walk or horseback ride.
- Insider Tip: Explore the local neighborhoods and enjoy the natural scenery.
Western Heritage
- Bergeron Rodeo Grounds: Host to rodeos, horse shows, and festivals. Attend events like the Weekley Brothers Davie Pro Rodeo and the annual Orange Blossom Festival Rodeo.
- Insider Tip: Experience Florida’s cowboy culture and enjoy top-name concert entertainers and family events.
Insider Tips
Dining and Shopping
- University Drive & the Tower Shops: Explore this area for a variety of dining options and unique shopping experiences.
- Insider Tip: Stroll the boulevard and discover over 30 al fresco dining options and unique shops.
Community Events
- Annual Orange Blossom Festival Rodeo: Held in the last week of February, this event is a highlight of Davie’s cultural calendar.
- Insider Tip: Plan your visit around this event to experience the full spirit of Davie’s Western heritage.
Additional Tips
- Transportation: Davie is conveniently located near major transportation corridors, including the Florida Turnpike, State Road 7, I-95, and I-75.
- Insider Tip: Easy access to surrounding areas makes exploring beyond Davie simple.
By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Davie, Florida.
Practical Tips to Run a Successful Short-Term Rental Business in Davie, Florida
To ensure a smooth and successful short-term rental business in Davie, Florida, several practical tips can be implemented. First, it is crucial to adhere to and communicate local regulations, such as noise regulations. Inform your guests about quiet hours through clear signage and inclusion in your digital and physical house manual. This manual should also include essential instructions, Wi-Fi passwords, and other vital information to enhance the guest experience.
A simplified check-in process can significantly improve guest satisfaction. Utilize smart locks to eliminate the need for physical keys and provide guests with a seamless, contactless entry experience. Additionally, include detailed parking instructions accompanied by photos to avoid any confusion. This attention to detail will help in maintaining a positive reputation, ensuring compliance with local laws, and fostering repeat business.
By following these tips, you can create a well-organized, guest-friendly environment that aligns with Davie's specific short-term rental regulations, such as those outlined in the Vacation Rental Registration Program and Florida Statutes.
Here is a brief list of house cleaning providers in Davie, Florida:
House Cleaning Providers in Davie, FL
MaidPro
- Offers house cleaning services with a 49-Point Checklist™.
- Local professionals serving Davie, FL.
Yorleny's Cleaning Service
- Provides professional cleaning and home disinfection services.
- Tailored services to individual preferences with a 100% satisfaction guarantee.
- Services extend to neighboring areas including Lauderhill, Sunrise, and Plantation.
eMaids
- Offers various cleaning packages including residential, office, vacation rental, post-construction, and move-in/move-out cleaning.
- Trained, certified, insured, and bonded maids with a 100% satisfaction guarantee.
My Cleaning Angel
- Matches clients with local cleaners for house cleaning services.
- Easy and fast online booking available.
For additional options and reviews, you can also refer to the list of top-rated house cleaners on Angi.
Davie, Florida: Understanding Short-Term Rental Management Fees
In Davie, Florida, the fees for managing short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. For instance, companies like PMI Premium Services and GoSummer charge around 20% of the booking revenue for their full-service packages, which include coordinating bookings, responding to inquiries, managing check-in and check-out, and overseeing cleaning and property maintenance.
On the other hand, basic services that focus on specific aspects like tenant placement or minimal management may incur lower fees, such as the 8% to 10% monthly management fees charged by some property management companies. Additional fees can also apply for services like cleaning, repairs, or design, and there may be consumables fees to ensure the property is always guest-ready. Moreover, property owners must comply with local regulations and pay annual registration fees to the Town of Davie, which can range from $300 to $500 depending on the type of registration.