Airbnb & VRBO Performance in Golden Beach Florida.

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Golden Beach, Florida: Airbnb & VRBO Vacation Rental Market Overview

In Golden Beach, Florida, the short-term rental market presents opportunities for growth and revenue enhancement, despite current challenges, as properties can be optimized with strategic upsells and tailored guest experiences to maximize occupancy and guest satisfaction.

Market overview

Thriving Short-Term Rentals in Golden Beach, Florida

Golden Beach, Florida, is experiencing a robust short-term rental market, despite some challenges in the broader real estate sector. While specific data on occupancy rates and average daily rates for short-term rentals in Golden Beach is not readily available, the area's allure as a luxury destination continues to attract high-end travelers. The overall real estate market in Golden Beach indicates a trend of high-value transactions, with median home prices reaching $34 million in September 2024, suggesting that short-term rentals, especially those offering luxury amenities, are likely to maintain strong demand. With innovative upsell strategies such as late check-outs, mid-stay housekeeping, and enhanced amenities, short-term rental operators in Golden Beach are well-positioned to capitalize on the area's exclusive appeal and maximize their revenue.

Short Term Regulations

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

General Requirements

  • Licensing and Registration: Short-term rental properties must be licensed by the State of Florida and registered with the Florida Department of Revenue for tax purposes[5|.
  • Compliance with County Ordinances: Property owners in Golden Beach, which is part of Miami-Dade County, must comply with the regulations outlined in Section 33-28 of the Miami-Dade County Code of Ordinances.

Specific Regulations

  • Definition of Short-Term Rental: A short-term vacation rental is defined as any dwelling unit or residence rented to a transient occupant for a period of less than 30 days or one calendar month, whichever is less[5|.
  • Statewide Licensing: If a property is rented more than three times a year for less than 30 days at a time, or if it is publicly advertised for rent in this capacity, a Florida Department of Business and Professional Regulation (DBPR) license is required[4|.
  • Tax Compliance: Short-term rental hosts must collect and remit state sales and local tourist taxes, which usually range between 7.5% and 12% of revenue.

Enforcement and Penalties

  • Violations and Fines: 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. Significant fines, often $500-1000+ per day, can be imposed for operating a rental without proper registration or permits[3|.
  • Inspections and Certifications: Some cities may require property inspections to obtain a rental permit. Additionally, balcony inspections may be necessary for buildings three or more stories high or with balconies at least 17 feet from ground level.

Additional Requirements

  • Occupancy Limits: Maximum occupancy limits are often based on the number of bedrooms, with two people per bedroom and an additional two people permitted in a common area, unless each person has at least 50 square feet of space[4|.
  • Human Trafficking Notification: Employees hired to maintain the property or greet guests must be trained appropriately on human trafficking awareness[4|.
  • Neighborhood Compliance: Property owners must adhere to local regulations regarding noise, trash, parking, and other neighborhood standards.

Local Government Regulations

  • Municipal Specific Rules: While Golden Beach follows Miami-Dade County regulations, it is essential to check with the local municipal government for any specific rules or additional requirements[5|.
Neighborhood Performance

Title: Top Neighborhoods for Airbnb Revenue in Florida (Focus on Key Areas)

While the specific query mentions Golden Beach, Florida, which is not extensively covered in the provided sources, here are some of the top neighborhoods and cities in Florida that generate significant Airbnb revenue and their appeal to guests:

Kissimmee

  • Appeal: Located minutes from Disney World, Universal Studios, and other popular tourist attractions. The area offers a strong peak season during June to July but remains appealing throughout the year.
  • Key Metrics: Average nightly rate of $330.4, occupancy rate of 59%, and average home value of $373,138.

Key West

  • Appeal: Known for its picturesque island setting, recreational activities like the Ernest Hemingway Museum, Truman Little White House, and a touch-friendly aquarium. It attracts weekend getaways and week-long vacations.
  • Key Metrics: Average nightly rate of $626.3, occupancy rate of 63%, and average home value of $1,062,464.

Miami Beach

  • Appeal: Famous for its white sandy beaches, turquoise waters, and as a fashion capital. It also hosts film studios, attracting local and international tourism.
  • Key Metrics: Average nightly rate of $360.5, occupancy rate of 56%, and average home value of $541,438.

Delray Beach

  • Appeal: Strong seasonal demand, particularly in March, due to favorable weather and events. The area offers a steady occupancy rate throughout the year, a robust community spirit, and low crime rates.
  • Key Metrics: Average daily rate of $339, maximum occupancy rate of 78% in March, and average annual revenue of $52.3K.

Bal Harbour

  • Appeal: Renowned for its opulent shopping, high-end hotels, and proximity to Miami Beach. It offers a luxury segment with high demand.
  • Key Metrics: Average daily rate of $678, occupancy rate of 73%, and approximate annual revenue of $95K.

Indian Harbour Beach

  • Appeal: Located along the picturesque coastline, close to popular tourist destinations like Cocoa Beach and Orlando. It offers year-round warm weather and stunning beachfront properties.
  • Key Metrics: Average daily rate of $368, occupancy rate of 65%, and annual revenue of $50K.

Longboat Key

  • Appeal: A luxurious island town with pristine beaches, upscale resorts, and championship golf courses. It offers world-class dining and shopping options.
  • Key Metrics: Average daily rate of $268, occupancy rate of 73%, and annual revenue of $65,371.

Sarasota (Specific Neighborhoods)

Bay Island / Siesta Key

  • Appeal: Known for white sandy beaches, a laid-back lifestyle, and a variety of water sports. The area also offers a vibrant nightlife, dining, and shopping options.
  • Key Metrics: High demand due to its recreational and entertainment options.

Casa Blanca

  • Appeal: Combines convenience with charm, offering easy access to beaches and urban amenities. It features a diverse culinary scene and proximity to local parks.
  • Key Metrics: Attracts guests with its balanced experience of relaxation and activity.

South Gate Ridge

  • Appeal: Family-friendly atmosphere with convenient access to Sarasota’s amenities. It offers a residential feel and is close to parks, shopping centers, and dining options.
  • Key Metrics: Suitable for longer stays and family vacations.

Vamo

  • Appeal: Waterfront properties and scenic views, ideal for guests looking for a tranquil escape with easy access to water activities.
  • Key Metrics: Attracts guests seeking a peaceful and scenic experience.

These neighborhoods and cities are highly appealing due to their unique attractions, high occupancy rates, and significant revenue potential, making them prime locations for Airbnb investments in Florida.

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Design Tips

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

Play With Light

  • Use sheer drapes or light-colored window treatments to maximize natural light and make the space feel brighter and more inviting.
  • Incorporate light-colored paints and furniture to enhance the sense of brightness and openness.
  • Hang wall mirrors to reflect light and make the room appear larger.

Emphasize Coastal Style

  • Choose furnishings and decor that reflect Golden Beach's coastal vibe, such as sea-inspired colors, natural textures, and nautical elements.
  • Incorporate elements like wicker furniture, sea glass accents, and ocean-themed artwork to create a cohesive beachy atmosphere.

Optimize for Comfort and Sleep

  • Ensure bedrooms are designed for optimal sleep by using high-quality linens and the "triple sheeting" method (base sheet, heavier blanket, and another sheet on top).
  • Install blackout curtains in bedrooms, especially in busy areas, to ensure guests can rest comfortably.

Utilize Outdoor Spaces

  • If your Airbnb has outdoor areas, such as balconies or patios, furnish them with comfortable seating and amenities like BBQs and outdoor dining sets to take advantage of Golden Beach's beautiful weather.
  • Add decorative elements like beach umbrellas and sunbeds to enhance the outdoor living experience.

Incorporate Modern Amenities

  • Provide modern amenities like high-speed Wi-Fi, fully equipped kitchens, and smart TVs to cater to the needs of contemporary travelers.
  • Include additional amenities such as pools, gyms, and tennis courts if available, as these are highly valued by guests in Golden Beach.

Maintain Cleanliness and Elegance

  • Use easy-to-clean materials like porcelain floors with individual carpets to facilitate maintenance and keep the space looking elegant.
  • Ensure all areas, including the pool and common spaces, are professionally cleaned to maintain a high standard of cleanliness.

Personalize the Space

  • Add personal touches that reflect the local culture and unique aspects of Golden Beach, such as local artwork or decorative items that highlight the area's charm.
  • Provide a welcome package or guide that includes recommendations for local restaurants, beaches, and attractions to enhance the guest experience.
Insider Tips

Discovering Golden Beach, Florida: Local Attractions and Insider Tips

Local Attractions

Parks and Recreation

  • Tweddle Park: Features renovated playgrounds, new tennis and basketball courts, sand volleyball courts, a covered picnic area, and a dog park.
  • The Beach Pavilion: A historic oceanfront loggia perfect for beach days or private events. Enjoy lush trees, scenic wooden walkways, and crystal-clear water.
  • South Park: Known for its soothing music and winding paths, ideal for a morning walk.
  • North Park: A large open green space great for sports like Frisbee and soccer.
  • Singer Park: A tranquil park with a coral rock waterfall and shaded grounds.
  • Terracina Park and Massini Park: Quaint parks offering serene views of the Intracoastal waterways, perfect for reflection and meditation.
  • The Strand Park: Located at the Intracoastal Waterway, ideal for kayaking, paddleboating, or simply watching boats cruise by.

Beach and Water Activities

  • Golden Beach Mile-Long Stretch: Exclusive beach access with no high-rise buildings or noisy tourists. Enjoy sun, sand, and sea in a serene environment.
  • Kayaking and Paddleboating: Available at The Strand Park for a relaxing afternoon on the water.

Dining and Shopping

  • World-Class Culinary Options: While Golden Beach itself has limited dining options, it is a short drive from Miami and Ft. Lauderdale, offering a wide array of culinary choices including Mediterranean, Korean, Mexican, Cuban, and traditional American cuisine.
  • Local Gathering Places: Visit the historic oceanfront pavilion and Tweddle Park for family-friendly activities and community gatherings.

Insider Tips

Exclusivity and Privacy

  • Private Beach Access: Highlight the exclusive beach experience with no high-rise buildings or commercial developments, ensuring a peaceful and private beach day.

Outdoor Activities

  • State Parks and Recreational Spots: Inform guests about the nearby state parks and recreational spots, offering a variety of outdoor activities such as hiking, cycling, and water sports.

Local Events and Facilities

  • Town Hall and Parks: Mention the availability of free Wi-Fi at some town parks and the charming atmosphere of Town Hall Park, which feels like a backyard.

Accessibility

  • Proximity to Urban Areas: Emphasize the convenience of Golden Beach’s location, being a short drive from the large urban areas of Miami and Ft. Lauderdale, providing easy access to a wide range of amenities.

Unique Features

  • Historical and Celebrity Significance: Share the historical significance of Golden Beach, including its mention in Eric Clapton’s album 461 Ocean Boulevard, and its popularity among celebrities like Bill Gates.

By providing these local attractions and insider tips, your Airbnb guests can fully appreciate the unique charm and exclusivity of Golden Beach, Florida.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Golden Beach, Florida

To ensure the success and smooth operation of a short-term rental business in Golden Beach, Florida, several practical tips can be implemented. First, it is crucial to adhere to and inform guests about local noise regulations, including quiet hours, to maintain a positive relationship with the community and avoid potential fines. Creating a comprehensive digital and physical house manual is also essential; this should include detailed instructions, Wi-Fi passwords, and other pertinent information to make the guest's stay as seamless as possible.

A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges, allowing guests to check in at their convenience. Additionally, providing clear parking instructions accompanied by photos can help avoid confusion and ensure that guests can easily find and use the designated parking areas.

By focusing on these aspects, you can create a welcoming, well-organized, and compliant rental environment that fosters positive reviews, repeat bookings, and a strong reputation in the competitive Golden Beach rental market.

Local Vendors

Here is a brief list of house cleaning providers in Golden Beach, Florida:

House Cleaning Services

  • Cleany Miami: Offers residential and commercial cleaning services, featured on Yelp, Google local services, and Facebook.
  • Clean Freaks Co: Specializes in luxury home cleaning services for homeowners in Golden Beach.
  • Sparkly Maid Miami: Provides various cleaning services including apartment cleaning, same day cleaning, house cleaning, and deep cleaning.
  • Shirleys Home Cleaning: Based in Dania, FL, but serves Golden Beach.
  • Maid In A Minute: Although based in Coral Gables, FL, they provide services in Golden Beach.
  • Aloha Maids: Offers a wide array of house cleaning services including kitchen, bathroom, and living area cleaning.

Note

There are no listed providers specifically for house repair or maintenance services in the given sources.

Management fees

Golden Beach, Florida: Understanding Short-Term Rental Management Fees

Short-term rental management fees in Golden Beach, Florida, 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, often falling between 20% to 30% of the rental income.

In contrast, basic or partial management services, which may require more owner involvement in tasks like cleaning, restocking supplies, and maintenance, can be less expensive. Additionally, property owners may incur extra fees for services such as cleaning, repairs, or design enhancements, which can further impact the overall cost of management. Understanding these fee structures is crucial for property owners to maximize their rental revenue and ensure their properties are well-maintained 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 Golden Beach should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Golden 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)
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⇤ Airbnb Statistics for Florida