Airbnb & VRBO Performance in Hernando Florida.

Short-Term Rental Regulations in Hernando County, Florida for 2024

Registration and Licensing

• Registration with the Planning Department: All short-term rentals must be registered with the Hernando County Planning Department prior to operating.
• Short-Term Vacation Rental Permit: Operators must apply for and obtain a Short-Term Vacation Rental Permit through the Planning Department. The permit requires detailed information about the property, including the address, owner contact information, and the number of bedrooms. Permits must be renewed annually.

Taxation

• Tourist Development Tax: Operators must collect and remit a 5% Tourist Development Tax (aka "bed tax") to Hernando County monthly. This tax is separate from the state sales tax.

Compliance Requirements

• Zoning and Occupancy Limits: Properties must comply with zoning regulations and occupancy limits. The maximum occupancy is generally two people per bedroom, plus an additional two people in one common area, with exceptions for larger rooms.
• Parking and Noise Regulations: Properties must comply with local parking and noise regulations.

Local Contact Person

• Designation of a Local Contact Person: Operators must designate a local person (such as a co-host) who can respond to any issues or complaints regarding the short-term rental. This person must live within 25 miles of the property and be available to arrive on-site within 1 hour if needed.

Insurance

• Liability Insurance: Documentation showing the short-term rental property is covered by liability insurance is required. The county may specify the minimum coverage amount.

Additional Requirements

• Floor Plan: A floor plan of the short-term rental indicating the number and location of bedrooms, bathrooms, and other living spaces must be provided to demonstrate compliance with occupancy limits and parking requirements.
• State Vacation Rental License (if applicable): If the short-term rental has more than 3 units or is rented more than 180 days per year, a state Vacation Rental License from the Florida Department of Business and Professional Regulation is also required.

High-Revenue Airbnb Neighborhoods in Hernando, Florida: Attractiveness and Key Metrics

While specific neighborhood-level data for Hernando, Florida, is not extensively detailed in the sources, we can infer some of the most promising areas based on general trends and nearby locations. Here are some neighborhoods and areas that could be attractive for Airbnb investments in Hernando, Florida:

Hernando Beach

• Attractiveness: Hernando Beach is a coastal area known for its serene environment, access to water activities, and a tranquil community setting. Guests are drawn to its natural beauty and the opportunity for a relaxing getaway.
• Key Metrics: Although specific metrics for Hernando Beach within Hernando County are not provided, nearby coastal areas typically have high occupancy rates and average daily rates. For example, Hernando Beach in general has an average daily rate of $208 and an occupancy rate of 50%.

Terra Vista and Bellamy Ridge

• Attractiveness: These are amenity-rich gated communities with features like tropical pools, golf courses, and beautifully landscaped homes. Guests are attracted to the luxurious amenities and secure, family-friendly environment.
• Key Metrics: Properties in these areas often have high cash-on-cash returns for Airbnb investments. For instance, a property in Terra Vista's Bellamy Ridge could offer an Airbnb cash-on-cash return of around 3.57% to 4.34%.

Fairview Estates

• Attractiveness: This area is known for its scenic rural setting, providing a peaceful and natural environment that appeals to guests looking for a retreat from urban life.
• Key Metrics: Homes in Fairview Estates can offer attractive returns, with one property listed having an Airbnb cash-on-cash return of 4.9%.

General Hernando County

• Attractiveness: Hernando County itself is appealing due to its mix of natural attractions, such as the Withlacoochee River and the Croom Wildlife Management Area, along with its growing community and access to various amenities.
• Key Metrics: While specific neighborhood data is limited, the overall trend in Hernando County suggests moderate to high occupancy rates and average daily rates comparable to other coastal and rural areas in Florida.

These neighborhoods are appealing due to their unique blend of natural beauty, luxurious amenities, and peaceful community settings, making them attractive destinations for Airbnb guests.

Tips for Furnishing and Designing an Inviting Airbnb in Hernando, Florida

Understand the Local Style and Guest Preferences

• Hernando, Florida, blends a small-town charm with outdoor lifestyle and proximity to the Gulf Coast. Reflect this in your decor by incorporating rustic, farmhouse, or coastal elements.

Invest in High-Quality Furniture

• High-quality, stylish furniture is crucial for guest satisfaction and can justify higher nightly rates. Focus on durable and comfortable pieces that align with the local aesthetic.

Choose Statement Pieces Wisely

• Identify key areas of the home, such as the living room or dining room, to splurge on statement pieces like couches, coffee tables, and dining room tables. These pieces define the space and are worth the investment.

Avoid Overly Common Furniture

• Steer clear of very common furniture items from places like IKEA and Target, as they can make your space feel less unique. Instead, opt for pieces that add a personal touch.

Add Local and Stylish Decor

• Incorporate stylish decor that reflects local culture. This can include mirrors, jars, and containers that add a touch of local heritage and modern aesthetics.

Utilize Outdoor Spaces

• Hernando's outdoor lifestyle makes outdoor spaces highly valuable. Ensure your rental includes inviting patios, gardens, or private pools and hot tubs for leisure activities.

Include Essential Amenities

• Provide fully furnished rentals with essential amenities such as a kitchen, WiFi, and dedicated work spaces to cater to digital nomads and travelling professionals.

Incorporate Plants and Greenery

• Adding plants and greenery can significantly liven up the space and make it feel more welcoming and homey.

Ensure Comfort and Functionality

• Invest in comfortable bedding and linens, and ensure that the living spaces are both aesthetically pleasing and functional. This includes well-equipped kitchens and comfortable seating areas.

Consider Pet-Friendly Options

• Given Hernando's outdoor lifestyle, offering pet-friendly options can be a significant draw for guests. Ensure your rental is accommodating for pets.

Pay Attention to Neighborhood and Location

• Choose neighborhoods that are close to scenic attractions, parks, or recreational facilities. These areas tend to attract more guests and can lead to more reliable bookings.

Discover Hernando, Florida: Top Attractions and Insider Tips for Your Guests

Outdoor Adventures

• Weeki Wachee Springs State Park:

• A must-visit for its natural springs and the famous live mermaid shows. Ideal for swimming, snorkeling, and exploring the underwater world.

• Withlacoochee State Trail:

• One of Florida's longest rail-trails, stretching 46 miles through Hernando, Citrus, and Pasco counties. Perfect for hiking, cycling, and exploring forests, small towns, and farmland.

• Jenkins Creek Park:

• Features a paddling trail known as the Linda Pedersen Paddling Trail, offering a variety of natural environments including mangroves, saltwater marshes, and estuaries.

• Croom River Trail:

• Part of the Florida National Scenic Trail, offering a dry-to-damp hiking experience through longleaf pine and scrub oak hills, cypress swamps, and along the Withlacoochee River.

Water Activities

• Hernando Beach:

• Enjoy kayaking, fishing, scalloping, and snorkeling in this coastal community. Rent pontoon boats or charter fishing boats for a memorable experience.

• Weeki Wachee River:

• Explore the river through kayaking, paddleboarding, or take a sunset dinner cruise to enjoy the scenic views and local wildlife.

• Hernando Beach Flats:

• A great spot for swimming, snorkeling, and diving, with direct access to the Gulf of Mexico via the saltwater canals.

Local Highlights

• Memorial Garden Tree:

• A serene spot with beautiful wind chimes, perfect for a peaceful visit.

• Weeki Wachee Preserve:

• A natural preserve with opportunities for hiking, bird-watching, and exploring the local flora and fauna.

• Alfred McKethan Park:

• Located on Pine Island, this park offers picnic areas, playgrounds, and stunning views of the Gulf of Mexico.

Insider Tips

• Cycling and Hiking Connections:

• Inform your guests about the seamless transition between the Good Neighbor Trail and the Withlacoochee State Trail, connecting Brooksville to the extensive 46-mile trail.

• Local Dining and Entertainment:

• Recommend local restaurants in Hernando Beach known for fresh local cuisine and live music, offering views of the ocean.

• Boat Access:

• For guests staying in the southern area of Hernando Beach, explain the use of boatlifts to access the direct saltwater canals leading to the Gulf of Mexico.

• Special Events:

• Check local event listings, such as paddle tours and weekend retreats, to suggest unique experiences for your guests.

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

To ensure a smooth and profitable short-term rental business in Hernando, Florida, several key practices should be implemented:

Noise Regulations and Guest Communication

Inform your guests about the local noise regulations and quiet hours to avoid any potential issues. Hernando County has specific rules regarding noise levels, so it is crucial to communicate these clearly in your house manual and during the check-in process.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from appliance usage to emergency contact information, ensuring guests have all the information they need for a comfortable stay.

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 use the smart locks and ensure they have all necessary access codes before their arrival.

Parking Instructions with Photos

Include detailed parking instructions with photos in your house manual to avoid any confusion. This is particularly important given Hernando County's specific parking regulations for short-term rentals. Clear instructions will help guests understand where and how to park, reducing the risk of fines or complaints.

By implementing these practical tips, you can enhance guest satisfaction, minimize potential issues, and ensure your short-term rental business in Hernando, Florida, runs smoothly and successfully.

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

House Cleaning Services

eMaids

• Offers professional house cleaning services in Hernando and surrounding areas.
• Provides various services including everyday housekeeping, routine cleanings, deep cleaning, move-in/move-out cleaning, and post-construction cleaning.
• Maids are certified, insured, bonded, and background checked.

Angi Listed House Cleaners

• A list of top-rated house cleaners in Hernando, FL, with reviews and ratings.
• Services include standard cleaning, deep cleaning, and specialized cleanings like move-in/move-out and emergency cleaning.

POSHMAID

• Provides house cleaning services in Hernando, Florida.
• Offers various cleaning packages and ensures professional and reliable service.

Care.com House Cleaning Services

• Lists local house cleaning services in Hernando, FL, with rates starting at $17.50/hr.
• Includes options for hiring based on rates, reviews, and experience.

These services cover a range of cleaning needs and offer different levels of service and assurance.

Short-Term Rental Management Fees in Hernando, Florida: A Breakdown of Costs and Services

In Hernando, 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 companies, such as those offered by Summer and Dennis Realty, often charge on the higher end of this spectrum, usually starting at around 20% of the revenue. These full-service packages include comprehensive services such as guest communication, marketing, lease preparation, tenant screening, and maintenance coordination.

For more basic services, such as leasing only or limited management, the fees can be lower, sometimes structured as a flat fee or a percentage of one month's rent. Additional costs may include fees for cleaning, repairs, and other consumable items, which can be charged separately to the guest or factored into the overall management fee.

Understanding these fee structures is crucial for property owners to ensure they are maximizing their revenue while complying with local regulations, including the collection and remittance of the 5% Tourist Development Tax and state sales tax.