Airbnb & VRBO Performance in Ft Myers Beach Florida.

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Ft Myers Beach, Florida: Airbnb & VRBO Vacation Rental Market Overview

Fort Myers Beach is thriving as a short-term rental market, with an average 58% occupancy rate, a $357 daily rate, and $29,771 in monthly revenue, making it an attractive and lucrative investment opportunity.

Market overview

Thriving Short-Term Rentals in Fort Myers Beach, Florida

Fort Myers Beach, Florida, continues to shine as a top destination for short-term rentals, boasting impressive performance metrics. The area sees a robust occupancy rate, with short-term rentals averaging around 58% occupancy, indicating a strong and consistent demand from travelers.

In terms of revenue, the average daily rate for these rentals stands at $357, contributing to a substantial monthly revenue of $29,771. This financial performance is further bolstered by the increasing number of active listings, which have risen by 8% over the last year.

The combination of high occupancy rates, attractive daily rates, and growing rental inventory makes Fort Myers Beach an ideal location for both vacationers and investors, highlighting the area's enduring appeal and economic viability in the short-term rental market.

Short Term Regulations

Short-Term Rental Regulations in Fort Myers Beach, Florida for 2024

Registration and Licensing Requirements

  • Registration Process: All short-term rental properties must be registered with the Town of Fort Myers Beach through a formalized registration process.
  • Registration Fee: A non-refundable fee of $300 per rental unit is required.
  • Registration Form: The form must include owner contact information, property address and details, and a 24-hour local contact person's name and phone number.

Compliance and Documentation

  • Proof of Ownership: Owners must provide proof of ownership or a notarized agent affidavit if not the property owner.
  • Proof of Sanitary Facilities: Owners must provide proof of available sanitary facilities, such as a port-o-let contract, sewer availability, or septic approval letter.
  • Proof of Liability Insurance: Owners must provide proof of liability insurance.

Zoning and Operational Restrictions

  • Zoning: Short-term rentals are allowed only in specific zoning districts as defined by the town's ordinances.
  • Advertising Requirements: The short-term rental property registration number must appear on all forms of rental unit advertising, including yard signs and internet advertisements.

Safety and Inspections

  • Annual Inspections: Regular inspections are required by the Fort Myers Beach Fire Control District to ensure compliance with building and fire codes.
  • Pre-Inspection Checklist: Owners must adhere to a Pre-Inspection Checklist to ensure properties meet safety and operational standards before they are rented out.

Contact and Emergency Requirements

  • 24-Hour Contact Person: A 24-hour local contact person is required, and changes to this contact can be made up to three times a year without additional fees.

Renewal and Penalties

  • Renewal Fees: Registration renewals are due between October 1st and December 31st each year, with a renewal fee of $300 per unit. Failure to renew results in the voiding of the registration.
  • Penalties for Non-Compliance: Significant fines and penalties can be imposed for failure to comply with the town's regulations.

State and Local Compliance

  • State Licensing: In addition to local registration, hosts must also comply with state-wide regulations, including obtaining a Vacation Rental Dwelling License from the Florida Department of Business and Professional Regulation.
  • Local Ordinances: Compliance with all applicable local, state, and federal laws, regulations, and standards is mandatory.
Neighborhood Performance

Top Neighborhoods Generating Airbnb Revenue in Fort Myers Beach, Florida

1. North Fort Myers Beach

  • This area is highly appealing due to its central location, allowing easy access to Times Square, shopping, and dining. Properties like the "Coral Reef Villa" and "Mango Villa" are favorites among guests, offering private pools, renovated interiors, and proximity to the beach.

2. Downtown Fort Myers Beach (Times Square Area)

  • This neighborhood is a hotspot for guests due to its vibrant atmosphere, with numerous restaurants, shops, and entertainment options. Rentals such as "5 O’Clock at Miramar" and "Calm & Relaxing Beach Getaway!" are popular for their short walks to Times Square and the beach.

3. South End of Fort Myers Beach

  • Located near pristine baby powder beaches and Lovers Key State Park, this area attracts guests with its serene and natural beauty. Properties like the "Beautiful Ft Myers Beach Condo ~ STEPS FROM BEACH" offer breathtaking sunset views and easy access to marinas and dining.

4. Matanzas Pass Bridge Area

  • This neighborhood is appealing for its excellent location, walking distance to Fort Myers Beach Times Square and great restaurants. Rentals such as the "Calm & Relaxing Beach Getaway!" are favored for their spacious and serene environments.

5. Palermo Circle

  • Known for its desirable street and luxury residences, Palermo Circle is a favorite among guests seeking high-end amenities. Properties like "Stunning Near Beach Residence on Palermo Circle" (Casa Margarita) offer fine furnishings and finishes, along with easy access to the beach and downtown areas.

Why These Neighborhoods Are Appealing

  • Proximity to Beaches: Many of these neighborhoods offer steps-away access to Fort Myers Beach, making them ideal for beach lovers.
  • Amenities and Services: Guests appreciate the close proximity to restaurants, shops, and entertainment options in areas like Times Square.
  • Renovated and Luxurious Properties: Properties in these neighborhoods are often newly renovated, offering high-quality amenities such as private pools, heated pools, and luxurious furnishings.
  • Natural Beauty: The areas around Lovers Key State Park and the south end of Fort Myers Beach provide stunning natural scenery and serene environments.
  • Convenience: Walking distances to key attractions, public transportation options like the trolley, and easy access to grocery stores and other necessities make these neighborhoods highly convenient for guests.
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Design Tips

Creating an Inviting Airbnb in Ft Myers Beach, Florida: Design and Furnishing Tips

Reflecting the City's Unique Style

To make your Airbnb in Ft Myers Beach, Florida, a standout and inviting space, consider the following tips that capture the essence of the city's unique style:

Embrace Coastal and Tropical Themes

  • Use light-colored furnishings, natural wood accents, and tropical-inspired designs to create a sense of home while embracing the Florida lifestyle.

High-Quality Decor and Comfortable Furniture

  • Invest in high-quality decor and comfortable furniture. Top-quality memory foam mattresses, high-end bed linens, and stylish decor can enhance the guest experience and lead to higher ratings and repeat bookings.

Outdoor Spaces for Relaxation

  • Ensure your property has inviting outdoor spaces, such as pools, hot tubs, and private patios or porches. These amenities are highly sought after by guests looking to relax and enjoy the beach lifestyle.

Proximity to Local Attractions

  • Highlight the proximity of your property to local attractions like beaches, shopping centers, and restaurants. This convenience is a key factor for many guests.

Modern and Minimalist Styles

  • Incorporate modern and minimalist styles to appeal to younger renters. This includes clean lines, minimal decor, and functional elements that cater to both style and comfort.

Local Art and Decor

  • Add elements of local art and decor to enhance the unique character of the rental. This can include coastal-themed artwork, local crafts, and other regional touches.

Fully Equipped Kitchens

  • Ensure the kitchen is well-appointed with modern appliances, quartz countertops, and stainless steel appliances. A fully equipped kitchen enhances group gatherings and makes the space more inviting.

Cleanliness and Maintenance

  • Maintain high cleanliness standards. Freshly repainted walls, new linens, and updated furnishings can make a significant difference in guest satisfaction.

Technology and Connectivity

  • Provide reliable Wi-Fi and modern amenities like flat-screen TVs and streaming services to cater to guests' remote work and communication needs.

Family-Friendly Features

  • For family-friendly rentals, include features like spacious backyards, BBQ grills, and kid-friendly furnishings such as bunk beds and play areas.

By incorporating these design and furnishing tips, you can create an Airbnb in Ft Myers Beach that is both inviting and reflective of the city's unique coastal style.

Insider Tips
Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Ft. Myers Beach, Florida

To ensure the success and smooth operation of a short-term rental business in Ft. Myers Beach, Florida, several practical tips can be implemented. First, it is crucial to inform guests about noise regulations, particularly the quiet hours between 10:00 PM and 7:00 AM, to maintain a respectful environment for neighbors.

Creating both digital and physical house manuals is essential. These manuals should include detailed instructions on how to use appliances, Wi-Fi passwords, and other essential information to make the guests' stay comfortable and hassle-free.

A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges and provides guests with immediate access to the property upon arrival. Additionally, providing clear parking instructions accompanied by photos can help guests navigate the property easily and avoid any confusion.

By adhering to these tips, you can ensure a positive and stress-free experience for your guests, which in turn can lead to higher satisfaction rates and more favorable reviews for your short-term rental business.

Local Vendors

Here is a brief list of house cleaning providers in the Ft Myers Beach, Florida area:

MaidPro of SW Florida

  • Offers residential and commercial cleaning services in Fort Myers, including Fort Myers Beach.
  • Uses a 49-Point Checklist™ to ensure thorough cleaning.
  • Customizable services to meet specific needs.

Molly Maid of Fort Myers

  • Provides customized house cleaning services with no contracts and a 24-hour warranty.
  • Trained professionals using modern cleaning techniques.
  • Services tailored to individual needs.

Extreme Maids

  • Offers house cleaning services in Fort Myers, including Fort Myers Beach.
  • Skilled professionals who are rigorously vetted and reviewed after each task.
  • Customizable services and online payment options.

P & P Cleaning Solutions

  • Specializes in house cleaning, vacation rental cleaning, deep cleaning, move-in/out cleaning, and Airbnb cleaning in Fort Myers Beach.
  • Fully licensed and insured with a focus on customer satisfaction and flexible scheduling.

Coastal Maids

  • Provides house cleaning services in Fort Myers, Cape Coral, Estero, Bonita Springs, and Naples.
  • Customizable service packages, including one-time, move-in/out, weekly, bi-weekly, and monthly cleanings.
  • Extensively trained staff and a focus on customer satisfaction.
Management fees

Short-Term Rental Management Fees in Ft Myers Beach, Florida: A Comprehensive Guide

In Ft Myers Beach, 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 Gulf Coast Property Management and MasterHost, offer a wide array of services including guest communication, marketing, pricing optimization, and maintenance, which usually fall on the higher end of the fee spectrum, often around 15% to 30% of revenue.

Basic services, which might include only the essentials like booking management and guest screening, can be more affordable, starting at around 10% per booking. Additionally, property owners may incur extra fees for services such as cleaning, repairs, and interior design, which can be billed separately or included in the overall management fee package. Understanding these fee structures is crucial for property owners to maximize their rental income while ensuring their properties are well-managed and compliant with local regulations.

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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 Ft Myers Beach 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 Ft Myers Beach.

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
Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.
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⇤ Airbnb Statistics for Florida