Airbnb & VRBO Performance in Hollywood Beach Florida.

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

Licensing and Registration Requirements

• Vacation Rental License Certificate: Mandatory for all short-term rentals, with applications submitted online and including a notarized owner certification form.
• Certificate of Use Application: Required for all properties except single-family homes, and must be approved by the Division of Planning and Urban Design.
• Business Tax Receipt: Necessary from both the City of Hollywood and Broward County, using specific codes depending on the property type.

State and County Compliance

• License from the Florida Department of Business and Professional Regulation: Required as a Transient Public Lodging Establishment.
• Registration with the Florida Department of Revenue: For state sales tax purposes.
• Account with the Broward County Tax Collector: For the Tourist Development Tax.

Occupancy Rules

• Minimum Square Footage: 150 square feet for the first occupant, 100 square feet for each additional occupant.
• Bedroom Requirements: At least 70 square feet per occupant in a single-occupant bedroom, or 50 square feet per person in shared bedrooms.
• Day and Night Occupancy Limits: Overnight occupancy cannot exceed daytime limits by more than one and a half times, except for children under four.

Building and Housing Standards

• Compliance with Construction and Design Standards: Regular inspections to ensure ongoing compliance.
• Adherence to Residential Inspection Checklist: Provided by the city to maintain safety, habitability, and aesthetics.

Tax Implications

• Tourist Development Tax (Resort Tax): Collected by Broward County and mandatory for all rental transactions.
• Sales Tax: Registration with the Florida Department of Revenue required.

Noise Ordinance

• Quiet Hours: From 10:00 p.m. to 7:00 a.m. (or 11:00 p.m. to 6:00 a.m. as per some sources).
• Noise Level Detection Devices: Required to alert property owners and tenants to excessive noise, with data retained for 180 days.

Operational Restrictions

• Condo Units and Single-Family Homes: Can be managed by owners, listing agents, or management companies if rented more than three times a year for less than 30 days.
• Condo-Hotel Rooms: Must be operated under a hotel or condo-hotel operator, not individual owners.

Compliance and Enforcement

• Regular Inspections and Compliance: Properties must comply with all city codes within six months of license issuance; failure to comply can result in license suspension.
• Reporting Issues: Residents can report issues with short-term rentals 24/7 via a dedicated hotline or website.

License Renewal

• License Expiration: Licenses expire on September 30th and must be renewed annually.
• Ongoing Compliance: Regular review of safety measures, cleanliness standards, and other regulations is necessary to maintain the license.

Top Neighborhoods for Airbnb Revenue in Hollywood, Florida

Area 33019: Hollywood Beach and Surroundings

• Revenue Potential: Average annual earnings of approximately $55.6K for active rentals, with an average daily rate of $306.5 and a maximum daily rate of $382 in March.
• Appeal: This area includes diverse subregions such as North Beach, Beverley Beach, South Central Beach/Hollywood Beach, Hollywood Lakes, and Hollywood Lakes South. It is renowned for its scenic landscapes, vibrant local culture, and proximity to Hollywood’s top attractions. The mix of luxurious beachfront condos and charming single-family homes caters to a wide range of guests.

Hollywood Lakes South

• Revenue Potential: Similar to Area 33019, with strong financial indicators due to its desirable location.
• Appeal: This neighborhood combines the tranquility of Hollywood Lakes with the convenience of urban living, providing quicker access to downtown amenities and entertainment options. It is ideal for guests who desire a mix of leisurely and city activities.

Hollywood Beach

• Revenue Potential: High demand and strong financial performance, with an average daily rate of $200 and a median occupancy rate of 67%.
• Appeal: Hollywood Beach is a prime attraction with its scenic beaches, boardwalk, and various dining and entertainment options. It is a central location that appeals to guests seeking both beach activities and easy access to other local attractions.

Downtown Hollywood

• Revenue Potential: Part of the broader Area 33019 and 33020, which show robust financial returns.
• Appeal: Downtown Hollywood offers a vibrant arts scene, accessible residential areas, and a rich cultural diversity. It is appealing to a broader audience looking for urban culture and entertainment options.

Seminole Hard Rock Hotel & Casino Area

• Revenue Potential: While specific revenue figures are not provided, this area is highly attractive due to its amenities.
• Appeal: The proximity to the Seminole Hard Rock Hotel & Casino, along with other attractions like the Hollywood Boardwalk and local parks, makes this area highly appealing to guests looking for a mix of entertainment, dining, and leisure activities.

These neighborhoods in Hollywood, Florida, offer a combination of natural beauty, cultural richness, and urban convenience, making them highly attractive and profitable for Airbnb investments.

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

Embrace Coastal and Beach-Themed Decor

• Use bright colors, lightweight materials, and natural textures to resonate with the local beach vibe.

Opt for Modern and Stylish Furnishings

• Incorporate high-quality, modern furniture to attract discerning guests looking for a premium experience. Upscale kitchen appliances and luxurious bedding can significantly enhance guest satisfaction.

Highlight Outdoor Living Spaces

• Ensure your rental includes spacious outdoor living areas, such as patios, decks, or courtyards, which are highly valued by guests seeking the perfect beach experience.

Incorporate Essential Amenities

• Include popular amenities like pools, hot tubs, and game rooms to cater to the preferences of families and vacationers.

Utilize Smart Home Devices

• Integrate smart home devices such as smart locks, security systems, smart thermostats, and smart lighting to enhance efficiency, security, and guest comfort.

Ensure Proximity to Local Attractions

• Highlight the proximity of your rental to key attractions like the Hollywood Beach Broadwalk, Hard Rock Casino, and beachfront festivals to attract guests looking for a vibrant beach life.

Provide Fully Equipped Kitchens and Modern Appliances

• Equip your kitchen with all necessary appliances and utensils to make cooking and dining convenient for guests. This includes items like coffee makers, microwaves, and dishwashers.

Add Beach and Outdoor Equipment

• Supply beach equipment such as beach chairs, towels, umbrellas, and coolers to enhance the beach experience for your guests.

Maintain a Clean and Well-Organized Space

• Ensure the property is clean, well-maintained, and tastefully furnished to align with guest expectations for cleanliness and comfort.

Consider Pet-Friendly Options

• Offer pet-friendly amenities to cater to the growing number of visitors traveling with their pets.

Enhance with Local Touches

• Incorporate elements that reflect the local culture and scenic waterfront of Hollywood Beach to create a unique and inviting space for guests. This could include local artwork or decorative items that highlight the city's charm.

Discovering Hollywood Beach, Florida: Local Attractions and Insider Tips

Local Attractions

Beach and Broadwalk

• Hollywood Beach Broadwalk: A 2.5-mile brick-paved promenade perfect for jogging, cycling, or leisurely strolls. It features outdoor cafes, family-friendly attractions, and unique shops.
• Beach Activities: Enjoy surfing, paddleboarding, kayaking, and wave runners. Rent chairs, umbrellas, and cabanas for a comfortable beach experience.

Water Activities

• Water Taxi: Explore the Intracoastal Waterway with a convenient stop at the 5 o’Clock Somewhere Bar & Grill, accessing Las Olas, Galleria Mall, and other venues.
• Deep Sea Fishing: Book excursions with Sea Legs Deep Sea Fishing for a day of fishing in the ocean.
• Pontoon Boat Rentals: Rent pontoon boats and add paddleboards or kayaks for extra entertainment.

Parks and Nature

• Arts Park at Young Circle: A 10-acre park with lush green space, jogging grounds, a children’s play area, and an interactive fountain.
• Anne Kolb Nature Center: Offers kayaking through Florida Mangroves and activities for all ages.
• Dog Beach: A day pass allows your guests to bring their dogs to this pet-friendly beach.

Cultural and Entertainment Venues

• Hollywood Beach Theatre: Hosts various performances and events, including outdoor screenings in Young Circle ArtsPark.
• Arts and Culture Center of Hollywood: Features contemporary exhibitions, live stage performances, and educational workshops.
• Broward Center for the Performing Arts: A premier venue for Broadway musicals, operas, ballets, and other cultural events.

Shopping and Dining

• The Village at Gulfstream Park: Offers shopping, dining, horse racing, and a casino.
• Bal Harbour Shops: An exquisite collection of designer boutiques and restaurants.
• Billy’s Stone Crab Restaurant: Known for its stone crab and other seafood delicacies.
• Yellow Green Farmer’s Market: A weekend market featuring fresh seafood, local produce, art, and live music.

Insider Tips

Transportation

• Hollywood Sun Shuttle: An on-demand shuttle service that takes guests around the barrier island and to Downtown Hollywood for $2 per person, per ride.
• Holly-Go Community Shuttle: A free shuttle service with various routes citywide.

Events and Festivals

• Star Spangled Spectacular: An Independence Day event with an offshore aerial fireworks display.
• Candy Cane Parade: A holiday light parade in December.
• Groundhog Day On Hollywood Beach: An early morning Groundhog Dip into the ocean in February.

Sustainability

• Avoid Single-Use Plastics: The City of Hollywood encourages guests to avoid using plastic bottles, bags, and other single-use plastics and foam containers.

Additional Tips

• Bike and Segway Rentals: Available to explore the Broadwalk and surrounding areas.
• Public Art and Live Music: Enjoy public art displays and live music in downtown Hollywood and along the Broadwalk.

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

To ensure a smooth and successful short-term rental business in Hollywood Beach, Florida, several key practices can make a significant difference. Here are some practical tips:

Noise Regulations and Guest Communication

Inform your guests about the strict noise regulations in Hollywood Beach, where quiet hours are enforced between 11:00 PM and 6:00 AM. Clearly communicate these rules in your rental agreement and through welcome messages to avoid any disruptions and potential penalties.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the noise regulations and other important house rules to ensure guests are well-informed and respectful of the property and neighbors.

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 parking instructions accompanied by photos to avoid any confusion.

By following these tips, you can enhance the guest experience, maintain compliance with local regulations, and ensure a successful and hassle-free short-term rental business in Hollywood Beach, Florida.

Here is a brief list of house cleaning providers in Hollywood, Florida, which includes services that may be relevant to the Hollywood Beach area:

House Cleaning Services

My Cleaning Angel

• Offers one-time, deep, move-in/move-out, post-construction, recurring, and vacation rental cleaning services.
• Uses eco-friendly cleaning products and provides a 100% satisfaction guarantee.

Squeaky Cleaning

• Provides deep cleaning, maid services, apartment cleaning, and custom home cleaning.
• Offers weekly, bi-weekly, or monthly cleaning schedules and uses high-quality cleaning products.

GermSmart Cleaning Services

• Specializes in hygiene and cleaning services, including maid services, deep cleaning, green cleaning, and move-in/move-out cleaning.
• Technicians are professionally trained, background checked, and the company is bonded and insured.

Various Local Cleaners

• Listed on platforms like Care.com and Angie's List, offering a range of house cleaning services with varying rates and experiences.
• Average rates around $19-$50 per hour depending on the service and house size.

Short-Term Rental Management Fees in Hollywood Beach, Florida

In Hollywood Beach, Florida, the fees for managing short-term rentals can vary significantly based on the level of service provided. Typically, these fees range from 20%-30% of the rental revenue, although some providers may offer rates as low as 20% for full-service management. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that require more owner involvement may be less expensive. Additionally, owners may incur extra fees for services like cleaning, repairs, and design, which are often not included in the standard management fee. Compliance with local regulations, such as obtaining a Vacation Rental License and adhering to noise ordinances, is also a critical aspect of short-term rental management in Hollywood Beach.