Airbnb & VRBO Performance in Daytona Beach Shores Florida.

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Daytona Beach Shores, Florida: Airbnb & VRBO Vacation Rental Market Overview

Daytona Beach Shores, Florida, is experiencing robust short-term rental performance, with a median occupancy rate of 58%, an average daily rate of $172, and an annual host income of $36,000, making it a highly stable and profitable market for Airbnb investors.

Market overview

Thriving Short-Term Rental Market in Daytona Beach Shores, Florida

Daytona Beach Shores is experiencing a robust and profitable short-term rental market, making it an attractive destination for both investors and travelers. With a median occupancy rate of 58%, short-term rentals in the area are in high demand, particularly during peak months such as July. The average daily rate for these rentals stands at $172, contributing to an average annual host income of $36,000. This stability and profitability are further enhanced by lenient local regulations, allowing for a smooth and lucrative operation. Whether you're investing in a beachfront condo or a family-friendly home, Daytona Beach Shores offers a promising return on investment, making it a prime location for short-term rental ventures.

Short Term Regulations

Short-Term Rental Regulations in Daytona Beach, Florida for 2024

Zoning and Location Restrictions

  • Short-term rentals are not permitted in areas designated for residential use. Instead, they are allowed in select locations, including major thoroughfares where hotels and motels operate, and specified regions along the beachfront, downtown, and Midtown areas.
  • These rentals are permissible within four designated tourist zoning districts and thirteen redevelopment area zoning districts.

Licensing and Compliance

  • Obtaining a city-issued occupational license is mandatory to operate a short-term rental in Daytona Beach.
  • Registration with the Florida Department of Business and Professional Regulations (DBPR) is required for all transient rental operations.
  • A valid Business Tax Receipt must be acquired and renewed annually by September 30.

Building and Housing Standards

  • Short-term rentals must meet specific standards, including that no more than 20% of the gross floor area can be devoted to accessory uses, which must be located within the main accommodation structure and without external advertising.
  • If the accessory use includes the sale of alcoholic beverages, it must comply with Section 6.20 on Alcoholic Beverages.

Tax Obligations

  • Property owners must register for the Tourist Development Tax (also known as the "bed tax" or "resort tax") collected by Volusia County.
  • A 6% State Sales Tax must be collected from guests and sent to the Florida Department of Revenue.

Insurance and Liability

  • Hosts should consider obtaining comprehensive insurance coverage to protect against property damage, accidents, and liability claims, as standard homeowners’ insurance may not cover commercial rental activities.

Compliance with State and Local Regulations

  • Hosts must comply with both state-level laws and local regulations. For example, the Florida Senate's SB280 sets rules on occupancy limits, and local governments can charge a "reasonable fee" for property registration.
  • Regularly reviewing Daytona Beach’s municipal ordinances and state legislation is crucial to stay compliant with any changes in regulations.

Homeowners Associations (HOAs) and Community Rules

  • For properties in communities governed by HOAs or community associations, hosts must comply with additional rules and restrictions, which may include limitations on rental activities, property maintenance, and guest behavior.

Enforcement and Penalties

  • Volusia County, where Daytona Beach is located, strictly enforces short-term rental regulations, with significant fines for non-compliant properties.
  • Failure to comply with local and state regulations can result in legal and financial penalties.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Daytona Beach Shores, Florida

Daytona Beach Shores North

  • Appeal: This area is synonymous with luxury and relaxation, offering stunning oceanfront properties. Guests are drawn to the high-end accommodations, breathtaking ocean views, and exclusive beachfront access. Amenities such as private beaches, gourmet dining, and boutique shopping enhance the premium lifestyle experience.

Daytona Beach Shores (General Area)

  • Appeal: Daytona Beach Shores offers a serene and peaceful beach experience without the crowds of Daytona Beach. Guests appreciate the direct oceanfront access, beautifully maintained condos, and a range of amenities including pools, hot tubs, and private beach access. The area is ideal for both family vacations and romantic getaways due to its tranquil atmosphere and proximity to various activities and restaurants.

Ortona (Adjacent to Daytona Beach Shores)

  • Appeal: Although technically part of the broader Daytona Beach area, Ortona's proximity to the beach and its serene living environment make it appealing for guests seeking a quiet escape. The neighborhood's well-maintained homes, lush landscapes, and friendly community vibe are attractive to those looking for a peaceful yet convenient location near the beach.

Seabreeze Historic District (Daytona Beach)

  • Appeal: While not directly in Daytona Beach Shores, the Seabreeze Historic District's unique charm and historical significance draw guests who appreciate architectural beauty and cultural preservation. Its proximity to the beach and the vibrant community atmosphere make it a desirable location for those who want to experience both historical charm and coastal living.

Surfside Village Historic District (Daytona Beach)

  • Appeal: Similar to the Seabreeze Historic District, Surfside Village offers a blend of historical charm and seaside appeal. Guests are attracted to the unique architectural styles, the leisure and elegance of bygone eras, and the easy access to one of Daytona Beach’s most beautiful stretches of coastline.

These neighborhoods are highly appealing due to their combination of luxurious amenities, historical charm, and direct access to the beach, making them prime locations for generating significant Airbnb revenue.

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Design Tips

Creating an Inviting Airbnb in Daytona Beach Shores: Design and Furnishing Tips

Embrace the Coastal Vibe

  • Use Light and Airy Colors: Opt for a palette of whites, blues, and sandy neutrals to reflect the beachy atmosphere.
  • Incorporate Natural Textures: Utilize materials like wicker, rattan, and driftwood to bring the outdoors in.
  • Add Nautical Accents: Incorporate elements such as anchors, shells, and fishing nets to enhance the coastal theme.

Maximize Natural Light

  • Keep Windows Unobstructed: Ensure curtains and blinds are light and easy to open, allowing natural light to flood the space.
  • Use Mirrors Wisely: Place mirrors strategically to reflect natural light and expand the sense of space.

Comfort and Practicality

  • Choose Durable Furniture: Select furniture that is resistant to salt air and moisture, such as water-resistant fabrics and hardwoods.
  • Provide Ample Storage: Include storage solutions for beach gear, towels, and other essentials to keep the space clutter-free.
  • Ensure Accessibility: Follow ADA guidelines to make your space accessible for all guests, including those with disabilities.

Reflect Local Culture

  • Incorporate Local Art and Decor: Hang local artwork or use decorative items that reflect the city’s history and culture.
  • Highlight Beach Lifestyle: Display items like surfboards, beach balls, or vintage beach signs to emphasize the beach lifestyle.

Outdoor Spaces

  • Optimize Balconies and Patios: Furnish outdoor spaces with comfortable seating and decor that can withstand the coastal weather.
  • Provide Beach Essentials: Offer beach chairs, umbrellas, and other beach gear for guests to use during their stay.

Modern Amenities

  • Install Smart Home Devices: Use smart thermostats, lights, and security systems to enhance guest convenience and safety.
  • Offer Entertainment Options: Include a TV, Wi-Fi, and streaming services to keep guests entertained during downtime.

Personal Touches

  • Leave a Welcome Note: Provide a welcome note with local tips, recommendations, and a map of the area.
  • Stock Local Treats: Offer some local snacks or beverages to make guests feel welcome and introduce them to the local flavors.

By following these tips, you can create an inviting and authentic Airbnb space that reflects the unique charm and lifestyle of Daytona Beach Shores.

Insider Tips

Discover Daytona Beach Shores: Local Attractions and Insider Tips

Local Attractions

1. Smyrna Dunes Park

  • A 184-acre park located on the south shore of Ponce de Leon Inlet, featuring over 3 km of handicapped accessible boardwalks made from recycled materials. Ideal for hiking and enjoying scenic views.

2. Daytona International Speedway

  • Famous for hosting the Daytona 500 NASCAR race and the Rolex 24 at Daytona sports car race. Guests can take a tour of the speedway for a behind-the-scenes look.

3. Ponce de Leon Inlet Lighthouse & Museum

  • A historic lighthouse standing 175 feet tall, offering panoramic views from the top. Visitors can also explore the museum and surrounding park.

4. Daytona Beach

  • Enjoy 23 miles of Atlantic coastline with opportunities for swimming, surfing, and sunbathing. The beach is also great for scenic drives, bicycle rentals, and family activities.

5. McElroy Park and Other Local Parks

  • McElroy Park, Dahlia Park, Fornari Park, Max Samuely Park, Frank Rendon Park, and Sundown Park offer various recreational activities and scenic spots for relaxation.

6. Sunglow Pier

  • A popular spot for fishing and sunset viewing. It's a great place to unwind and enjoy the local seafood.

7. Marine Science Center

  • An educational attraction where guests can learn about marine life and participate in interactive exhibits.

8. Daytona Lagoon

  • A water park and entertainment complex offering water slides, a wave pool, and mini-golf courses.

9. Boardwalk & Pier

  • A vibrant area with shops, restaurants, and entertainment options. It's perfect for a leisurely stroll or a fun-filled evening.

Insider Tips

1. Seasonal Weather

  • Be prepared for hot and humid summers with frequent thunderstorms. Winters are mild but can occasionally dip into the low 30s°F. Spring and fall offer warm afternoons and cooler evenings.

2. Local Events

  • Check the city's event calendar for activities like the Mayor's Fitness Challenge, Daytona Bike Week, and other community events that can enhance your stay.

3. Public Safety

  • Daytona Beach Shores has a combined public safety department that handles both fire-rescue and law enforcement. All full-time officers are certified as firefighters, EMTs, and police officers.

4. Dining and Shopping

  • Explore local eateries and shopping spots along Atlantic Avenue (Florida Highway A1A) for a taste of the local culture.

5. Day Trips

  • Daytona Beach Shores is a great base camp for exploring Central Florida. Consider day trips to nearby attractions such as the Sugar Mill Botanical Gardens and the Museum of Arts & Sciences.

6. Outdoor Activities

  • Take advantage of the scenic outdoor destinations by renting bicycles, going for scenic drives, or participating in beachside yoga and other outdoor activities.

By sharing these attractions and insider tips, you can help your guests make the most of their visit to Daytona Beach Shores.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Daytona Beach Shores, Florida

To ensure a smooth and successful short-term rental business in Daytona Beach Shores, Florida, several practical tips can be invaluable. Here are some key considerations:

Noise Regulations and Quiet Hours

Inform your guests about the noise regulations and quiet hours in the area to avoid any potential issues with neighbors. Include a clear section in your house manual or welcome message outlining the quiet hours and the importance of respecting them.

Comprehensive House Manual

Create both digital and physical house manuals that include detailed instructions on how to use appliances, Wi-Fi passwords, and other essential information. This helps guests navigate the property easily and reduces the number of inquiries you might receive.

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 lock and any other relevant details.

Parking Instructions

Include detailed parking instructions with photos to help guests find and use the designated parking areas. This can prevent confusion and ensure that guests park in the correct spots, avoiding any potential fines or issues.

By implementing these tips, you can enhance the guest experience, reduce potential conflicts, and maintain a positive reputation for your short-term rental business in Daytona Beach Shores.

Local Vendors

Here is a brief list of house cleaning providers in Daytona Beach Shores, Florida, and the surrounding areas:

House Cleaning Services

MaidPro

  • Offers weekly, bi-weekly, or one-time house cleaning services.

The Cleaning Authority

  • Provides comprehensive cleaning services, including house cleaning, apartment cleaning, green cleaning, move in/move out cleaning, and commercial cleaning. They use a Detail-Clean Rotation System and environmentally responsible products.

LPGA Maids

  • Offers a range of cleaning services from basic home cleaning to deep cleaning.

Elite Clean

  • Highly recommended for exceptional work and courteous staff.

Various Local Cleaners

  • Listed on platforms like Care.com, with over 70 house cleaning services available in the Daytona Beach area, offering various rates and services.
Management fees

Short-Term Rental Management Fees in Daytona Beach Shores, Florida

In Daytona Beach Shores, Florida, the fees for short-term rental management 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 services such as guest communication, marketing, booking management, and property maintenance, tends to be on the higher end of this spectrum, often starting at around 15% to 20% of revenue.

Basic or half-service management, which may only cover essential tasks like tenant placement and marketing, can be more affordable, starting at around 10% of revenue. Additional fees may apply for specific services such as cleaning, repairs, or design and furnishing of the property. These fees ensure that the property is well-maintained and optimized to attract maximum rental income, but they can add to the overall cost for property owners.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Daytona Beach Shores should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Daytona Beach Shores.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
Unlock your home’s potential
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⇤ Airbnb Statistics for Florida