Airbnb & VRBO Performance in Haverhill Florida.

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Haverhill, Florida: Airbnb & VRBO Vacation Rental Market Overview

Haverhill, Florida, is witnessing strong performance in the short-term rental market, with highly rated vacation rentals and a high demand for convenient, well-equipped accommodations, making it an attractive destination for both investors and travelers.

Market overview

Strong Recovery in Haverhill, Florida's Short-Term Rental Market

Despite initial challenges, the short-term rental market in Haverhill, Florida, and the broader U.S. context, is showing promising signs of recovery. While the summer of 2024 saw slightly lower occupancy rates compared to previous years, with August occupancy 2% lower than in 2023 and 5% lower than in 2022, the late fall season is pacing positively.

As of the latest updates, October and November are seeing occupancy rates that are either on par with or slightly ahead of last year's figures. Average daily rates (ADR) have remained relatively stable, with rates in August 2024 at $329, only $3 higher than the previous year but indicating a trend of slight increases moving into the fall season. This stabilization and slight growth in occupancy and rates suggest that the market is returning to pre-pandemic trends, offering a hopeful outlook for property managers and investors in the Haverhill area.

Short Term Regulations

Short-Term Rental Regulations in Haverhill, Florida for 2024

While the specific regulations for Haverhill, Florida, are not detailed in the provided sources, here is a general outline of short-term rental regulations that are commonly applied in various cities in Florida, which can serve as a guide for Haverhill or similar municipalities:

Licensing and Registration

  • Short-term rental properties must obtain a license from the Florida Department of Business and Professional Regulation (DBPR) if the entire unit is rented out more than three times in a calendar year for periods of fewer than 30 days or one calendar month, or if it is advertised as such.
  • Local registration may also be required, with fees and documentation varying by city.

Property Classification

  • Licenses are issued based on property type, such as vacation rental condominium licenses or vacation rental dwelling licenses.

Zoning Restrictions

  • Short-term rentals may be restricted to specific zoning districts. For example, in some cities, they are allowed only in certain commercial or mixed-use zones.

Minimum Stay Requirements

  • Some cities, like Sarasota, have minimum stay requirements (e.g., 7 full days and 7 full nights).

Occupancy Limits

  • Maximum overnight occupancy is typically set at 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.

Responsible Party Requirement

  • 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.

Taxation

  • Hosts must collect and remit state sales and local tourist taxes, which usually range between 7.5% and 12% of revenue.

Compliance and Penalties

  • Local governments can suspend vacation rental registrations for up to 30, 60, or 90 days following multiple violations of local ordinances within specified periods.
  • Fines for non-compliance can be significant, often ranging from $500 to $1000+ per day.

Home-Sharing Rules

  • Home-sharing, where only part of the home is rented and the host is present, may be subject to different regulations and may not require a license.

Additional Requirements

  • Proof of ownership, notarized agent affidavits, site plans, parking plans, and local business tax receipts may be required for registration.

Given the lack of specific information on Haverhill, these regulations serve as a general guide and may need to be adapted or supplemented based on local ordinances.

Neighborhood Performance

Title: Top Neighborhoods for Airbnb Revenue in Haverhill, Florida, and Their Appeal

While the provided sources do not specifically focus on Haverhill, Florida, in terms of Airbnb revenue and neighborhood analysis, we can infer some general insights based on the characteristics of Haverhill and similar areas.

Limitations and General Insights

  • The sources primarily discuss popular Airbnb locations and neighborhoods in other parts of Florida, such as Miami, Orlando, Key West, and others.
  • Haverhill, Florida, is not explicitly mentioned in these sources.

Potential Neighborhoods in Haverhill

Given the lack of specific data on Haverhill, here are some general considerations and a hypothetical list based on typical factors that make neighborhoods appealing for Airbnb guests:

Royal Palm Estates

  • Appeal: This neighborhood is convenient due to its location near Southern Boulevard, halfway between the turnpike and I-95. It is a blue-collar area with a demand driven by its accessibility.
  • Revenue Potential: While specific Airbnb metrics are not available, its convenience and accessibility could make it a viable option for short-term rentals.

Other Suburban Neighborhoods

  • Appeal: Suburban neighborhoods in Haverhill might appeal to guests looking for a quieter, more family-friendly environment. Proximity to local amenities, schools, and community parks can be attractive.
  • Revenue Potential: These areas could generate revenue from families or business travelers seeking a more subdued atmosphere.

Why These Neighborhoods Are Appealing

  • Convenience: Neighborhoods like Royal Palm Estates are appealing due to their easy access to major roads and amenities.
  • Family-Friendly Environment: Suburban neighborhoods offer a quieter, more family-oriented setting, which can attract guests looking for a home-away-from-home experience.
  • Affordability: Compared to more tourist-centric areas in Florida, Haverhill's neighborhoods might offer more affordable options for both investors and guests.

Conclusion

While Haverhill, Florida, is not detailed in the provided sources, the appeal of its neighborhoods for Airbnb guests would likely hinge on factors such as convenience, family-friendly environments, and affordability. However, for precise data and neighborhood-specific insights, local real estate analytics or Airbnb market reports would be necessary.

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Design Tips

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

Play With Light to Enhance Ambiance

  • Use sheer drapes to let in more natural light, as they allow more light to enter compared to opaque ones.
  • Select light-colored paints and furniture to make the space feel brighter and more welcoming.
  • Add wall mirrors to maximize light and create the illusion of a larger space.

Emphasize Comfort and Cleanliness

  • Invest in quality linens and consider the "triple sheeting" method for a luxurious feel.
  • Use white bedding to give a clean and fresh appearance, and splurge on a full and fluffy duvet insert.
  • Ensure blackout curtains are installed in bedrooms, especially in busy areas, to promote better sleep.

Balance Textures and Surfaces

  • Mix different textures to add depth to the space. For example, pair a handmade textured vase with a smooth metal tray, or combine linen and wool pillows.
  • Use a rug and add soft surfaces like chairs and a framed tapestry to create warmth in the living room.

Reflect Local Style and Unique Quirks

  • Embrace the unique aspects of Haverhill and its surroundings. For coastal locations, incorporate nautical elements.
  • Consider a theme that resonates with local attractions, such as a beach or tropical theme, to enhance the guest experience.

Add Local Touches

  • Incorporate local artwork, decor, and accessories to give the space a genuine feel of the area.
  • Highlight local attractions and amenities in your listing to attract guests interested in the unique experiences Haverhill offers.

Avoid Clutter and Opt for Clean Lines

  • Keep the space clutter-free to maintain a clean and inviting atmosphere.
  • Choose furniture that is easy to clean and maintain, such as hard and flat surfaces, but balance these with softer elements to avoid a cold feel.

Enhance Kitchen Design

  • For the kitchen backsplash, use a handmade textured tile to contrast with smooth cabinets and add unique brass hardware for dimension.
  • Ensure the kitchen is well-equipped and visually appealing to make it a comfortable space for guests.

Utilize Furniture Strategically

  • Place wide wood nightstands on either side of the bed to fill out large walls and add lamps and art throughout the room to create a cozy atmosphere.
  • Use furniture that fills the space appropriately without making it feel cramped or empty.
Insider Tips

Exploring Haverhill, Florida: Local Attractions and Insider Tips

Local Attractions

  • Haverhill Park:
  • Located at 5470 Belvedere Road, this park offers basketball courts, racquetball courts, tennis courts, a picnic pavilion, children's playground, and an exercise course. It is open from sunrise to sunset.
  • Tommy Plyler Baseball Field:
  • Adjacent to Haverhill Park, this field is operated by the town and is ideal for little league games.
  • Palm Beach International Airport:
  • While not an attraction itself, the airport is nearby, making Haverhill a convenient stay for travelers.
  • Mounts Botanical Garden:
  • Located just outside Haverhill, this botanical garden offers a serene escape into nature.

Insider Tips

  • Park Amenities:
  • Haverhill Park has lighted tennis and racquetball courts open until 9 PM, making it a great spot for evening activities. The park also features a picnic pavilion with grills and electrical outlets, perfect for family gatherings or social events.
  • Pet Policy:
  • While there is no designated dog park, guests can walk their dogs in the park but must keep them leashed for safety.
  • Bicycle Paths:
  • For those looking to bike, Haverhill Park does not have paved bicycle paths, but there is a nearby 0.4-mile bicycle path within the park's vicinity.
  • Community Events:
  • Check local event calendars for community events and activities that might be happening during your guests' stay, such as sports games at Tommy Plyler Baseball Field or events at Haverhill Park.
  • Neighboring Attractions:
  • Recommend nearby attractions like the Barracuda Bay Aquatic Center, Black Sparrow Pirates, Butterfly World, and Calypso Bay Water Park for a fun-filled day.
  • Local Culture:
  • Inform guests about the town's history and its connection to Haverhill, Massachusetts. This can add a unique layer of interest to their stay.

Additional Tips for Airbnb Hosts

  • Parking and Accessibility:
  • Advise guests that parking at Haverhill Park can be busy on weekends, especially during events. Also, mention the paved path added for easy access to neighborhood residences.
  • Nature and Wildlife:
  • Guests might enjoy spotting local wildlife such as squirrels and birds, including the white egret seen in the park's wet areas.
  • Little Free Library:
  • Point out the "Little Free Library" boxes in the park, which can be a delightful surprise for book lovers among your guests.
Practical Tips

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

To ensure the success of your short-term rental business in Haverhill, Florida, several key strategies can be implemented. First, it is crucial to adhere to and communicate local noise regulations to your guests. Informing them about quiet hours through clear signage and inclusion in the rental agreement can help maintain a peaceful environment and avoid potential complaints.

Creating both digital and physical house manuals is also essential. These manuals should include detailed instructions on how to use appliances, Wi-Fi passwords, and other important information about the property. This not only enhances the guest experience but also reduces the likelihood of misunderstandings.

A simplified check-in process can significantly improve guest satisfaction. Utilizing smart locks eliminates the need for physical key exchanges, allowing guests to check in seamlessly. Additionally, providing detailed parking instructions accompanied by photos can help guests navigate the property easily, reducing the risk of parking-related issues.

By implementing these practical tips, you can ensure a smooth and enjoyable experience for your guests, which in turn can lead to positive reviews and repeat bookings.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Haverhill, Florida:

House Cleaning Services

  • Yorleny's Cleaning Service: Offers professional-grade apartment and house cleaning services, committed to excellence and detail.
  • General H&D Cleaning Services: Provides customized cleaning solutions for kitchens, bathrooms, bedrooms, and more.
  • Top-Rated Home Cleaning Services on Angie's List: A list of 24 highly-rated local home cleaning services in Haverhill, FL.
  • Bark Cleaning Services: Matches clients with professional housekeepers in Haverhill, offering free quotes and reviews.

Repair and Maintenance Services

  • SERVPRO: Specializes in home and business cleaning and restoration, including water damage cleanup, fire damage, and mold remediation.
Management fees

Short-Term Rental Management Fees in Haverhill, Florida: A Breakdown

In Haverhill, 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, often approaching the 25-30% mark. In contrast, basic services that involve fewer responsibilities may incur lower fees. Additionally, property owners may need to account for extra fees related to cleaning, repairs, or design services, which can further impact the overall cost of management.

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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 Haverhill should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
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1,000,000,00 Nights Booked
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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 Haverhill.

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