Airbnb & VRBO Performance in Hollywood Florida.

Short-Term Rental Regulations in Hollywood, Florida for 2024

Licensing and Registration

• Vacation Rental License: Required for properties rented more than three times a year for less than 30 days. Applicants must submit an online application, provide necessary documentation, and comply with all city codes within six months of license issuance.
• Certificate of Use Application: Necessary for certain types of properties, such as condo units, duplexes, triplexes, and quadplexes. Single-family homes are exempt.
• Business Tax Receipt: Mandatory for all short-term rental properties, with specific use codes depending on the type of property (e.g., use code 01 for single-family homes, codes 04 and 05 for condo units).

State and County Requirements

• Florida Department of Business and Professional Regulation (DBPR) License: Required for properties rented more than three times a year for less than 30 days. Includes providing property details and completing human trafficking prevention training.
• Broward County Business Tax Receipt: Necessary for operating a rental property in Broward County.
• Sales and Use Tax Receipt: Required for collecting and remitting taxes on rental income.
• Tourist Development Tax: A tax imposed on rentals of accommodations for six months or less, used to support tourism-related activities and infrastructure in Broward County.

Safety and Operational Requirements

• Inspections and Code Compliance: Property owners have six months to comply with inspection and code compliance requirements after the license is issued. Failure to comply can result in license suspension.
• Safety Standards: Properties must meet safety standards, and some cities may require inspections to ensure compliance.

Zoning and Use Restrictions

• Commercial Use Prohibition: Vacation rentals cannot be used for commercial or non-residential purposes, including as party, event, or entertainment venues.
• Zoning Laws: Certain areas within the city may have zoning laws that restrict where short-term rentals can operate.

Taxation

• Collection and Remittance of Taxes: Property owners must collect and remit the 6% Florida Transient Rental Tax, along with any applicable local option taxes (0.5-1.5% discretionary sales surtax) and the 6% Broward County Tourist Development Tax.

Noise Ordinance

• Quiet Hours: Noise that disrupts the peaceful living atmosphere is prohibited between 11:00 PM and 6:00 AM. The City of Hollywood Code Compliance and the Hollywood Police Department actively enforce these rules.

Occupancy Limits

• State Occupancy Caps: Two people per bedroom, plus two additional people in one common area, or more than two per bedroom if each person has at least 50 square feet of space, plus two extra in a common area.

Enforcement and Penalties

• Fines and Penalties: Violations can result in fines (e.g., $250 for the first offense, $500 for subsequent offenses) and suspension of the vacation rental license for repeated violations.
• Other Enforcement Methods: In addition to fines, the city can seek other remedies such as injunctive relief, abatement of public nuisance, liens, and other penalties as provided by law.

High-Revenue Airbnb Neighborhoods in Hollywood, Florida

Neighborhoods Generating Significant Airbnb Revenue

Hollywood Beach

• Appeal: Hollywood Beach is a major draw for tourists due to its scenic coastline, calm waters, and vibrant beach activities. Guests are attracted to the beach's amenities, including restaurants, shops, and water sports.
• Revenue Potential: High demand and premium pricing make beachfront properties highly lucrative, with average daily rates reaching up to $359 during peak months.

Hollywood Boardwalk

• Appeal: The Hollywood Boardwalk is a 2.5-mile promenade along the beach, offering a variety of dining, shopping, and entertainment options. Its scenic views and lively atmosphere make it a favorite among visitors.
• Revenue Potential: Properties near the Boardwalk benefit from the constant flow of tourists, leading to high occupancy rates and significant revenue, especially during peak seasons.

Young Circle

• Appeal: Young Circle is a central hub in Hollywood, known for its arts and culture scene, including the Art and Culture Center/Hollywood. The area is also surrounded by restaurants, cafes, and shops.
• Revenue Potential: The cultural and entertainment offerings in this area attract a diverse range of guests, ensuring a steady stream of bookings and revenue for Airbnb hosts.

Seminole Hard Rock Hotel & Casino Area

• Appeal: The Seminole Hard Rock Hotel & Casino is a major attraction, offering gaming, dining, and entertainment options. The area's energy and amenities make it appealing to guests looking for a vibrant experience.
• Revenue Potential: Properties near this casino benefit from the high foot traffic and the demand for accommodations from visitors to the casino and its associated events.

Anne Kolb Nature Center and Surrounding Areas

• Appeal: The Anne Kolb Nature Center provides a natural retreat with its mangrove trails and wildlife viewing opportunities. This area appeals to guests seeking a mix of nature and urban convenience.
• Revenue Potential: The unique blend of natural attractions and proximity to urban amenities ensures a steady demand for short-term rentals, contributing to significant revenue for hosts.

Why These Neighborhoods Are Appealing

• Strategic Location: All these neighborhoods are strategically located, offering easy access to major attractions in Hollywood and its neighboring cities, such as Miami and Fort Lauderdale.
• Diverse Amenities: Each area provides a unique set of amenities, from beach activities to cultural and entertainment options, catering to a wide range of guest preferences.
• High Demand: The combination of scenic beauty, cultural richness, and urban convenience creates a high demand for short-term rentals, resulting in robust financial indicators such as high occupancy rates and average daily rates.
• Real Estate Market: The growing real estate market in Hollywood, with increasing home values and relatively affordable prices compared to neighboring cities, makes these neighborhoods attractive for investors.

Furnishing and Design Tips for an Inviting Airbnb in Hollywood, Florida

Embrace Coastal and Beach-Themed Decor

• Use bright colors, lightweight materials, and natural textures to resonate with the local coastal vibe. This includes incorporating elements like wicker furniture, sea-inspired artwork, and light, airy fabrics.

Choose Comfortable and Stylish Furniture

• Invest in statement pieces such as couches, coffee tables, and dining room tables that define the space. Opt for high-quality, comfortable furnishings that enhance the living experience.

Add Local Touches

• Incorporate local flavors into your decor, such as tropical landscapes, beach-themed accessories, and artwork that reflects Hollywood's vibrant culture and history.

Utilize Outdoor Spaces

• If your Airbnb has outdoor areas, make the most of them by adding patio furniture, grills, and other amenities that encourage guests to enjoy the Florida weather. Synthetic grass and outdoor seating areas can be particularly appealing.

Ensure Modern Amenities

• Provide modern amenities like super fast WiFi, USB ports, smart TVs, and washer/dryer combos to enhance guest comfort and convenience.

Create a Relaxing Atmosphere

• Use blackout curtains, comfortable beds, and memory foam mattresses to ensure a restful stay. Add plants and other decorative elements to liven up the space.

Respect Local Style in Kitchen and Dining

• Design the kitchen with a coastal flair, using light colors and natural materials. Include necessary kitchen utensils and appliances to make meal preparation easy and enjoyable.

Pay Attention to Lighting

• Use a combination of natural and artificial lighting to create a welcoming atmosphere. Consider adding lamps and other light fixtures that complement the coastal theme.

Maintain Cleanliness and Organization

• Ensure the space is clean and well-organized. Use storage solutions and decorative containers to keep the area tidy and inviting.

Consider Family-Friendly Features

• If your Airbnb is family-oriented, include features like synthetic grass, outdoor BBQs, and plenty of outdoor seating to make it suitable for families and kids.

Reflect Hollywood's Cultural Influence

• Incorporate elements that reflect Hollywood's cultural diversity, such as Cuban or seafood-themed decor, to give guests a taste of the local culture.

Discovering Hollywood, Florida: Local Attractions and Insider Tips

Local Attractions

Beach and Broadwalk

• Hollywood Beach Broadwalk: A 2.2-mile paved walkway along one of the most pristine beaches, perfect for walking, biking, or rollerblading. Enjoy the ocean views, dining, shopping, and entertainment options.
• Hollywood Beach: A Blue Wave-certified beach with plenty of space for kids to play, giant chess, and watersports. Known for its well-kept stretch and increased sea turtle nesting activity.

Nature and Parks

• Anne Kolb Nature Center: Offers kayaking, biking, and boating in unspoiled nature. Features a 3,500-gallon aquarium and hands-on EcoRoom.
• Holland Park: A peaceful oasis with kayak launches, boat ramps, observation decks, and walking trails. Ideal for nature lovers and those seeking a quiet retreat.

Arts and Culture

• Cinema Paradiso: Catch foreign art-house films or local indie productions. Outdoor screenings are also available at Young Circle ArtsPark every Friday.
• ArtsPark at Young Circle: A cultural hub with live music, outdoor screenings, and various art events.
• Downtown Hollywood Mural Project: Features work from local and internationally known artists.

Entertainment and Dining

• Seminole Hard Rock Hotel & Casino: Offers live music, gaming, and dining options including Council Oak for seafood and steaks.
• Gulfstream Park: Combines thoroughbred horse racing with luxury shopping, dining, and entertainment. Includes a casino and seasonal events.
• Yellow Green Farmer’s Market: Every Saturday and Sunday, offering fresh seafood, local produce, live music, and goods from local artisans.
• Billy’s Stone Crab: A local delicacy spot for stone crab, a must-try when in Hollywood.
• GG’s Waterfront: Known for its fresh catch menu and beautiful Intracoastal Waterway views.

Other Activities

• Hollywood Beach Golf Resort: Offers immaculate golf courses for all skill levels.
• Deep Sea Fishing: Available for those looking for an exciting water adventure.
• Hollywood Hot Glass: Create your own glass design in this unique studio.

Insider Tips

Sustainability

• Avoid Single-Use Plastics: The City of Hollywood has banned nonbiodegradable containers. Refrain from bringing plastic bottles, bags, and foam containers to the beach, parks, or ArtsPark.

Getting Around

• Bike and Segway Rentals: Available along the Broadwalk for easy exploration.
• Free Ride and Water Taxi: Convenient transportation to various points of interest in the area.

Local Events

• Live Music in Downtown: Enjoy live music in the streets and restaurants of downtown Hollywood every evening.
• Outdoor Screenings: Catch movies under the stars at Young Circle ArtsPark every Friday.

Convenience

• Proximity to Airports and Ports: Hollywood is conveniently located near Port Everglades and Fort Lauderdale-Hollywood International Airport (FLL), and is an easy drive to Miami-Dade County.

By sharing these attractions and tips, you can help your guests make the most of their visit to Hollywood, Florida.

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

To ensure the success and compliance of your short-term rental business in Hollywood, Florida, several practical tips are essential. Here are some key considerations:

Noise Regulations and Guest Communication

Inform your guests about the city's noise regulations, particularly the quiet hours between 11:00 PM and 6:00 AM. Clearly communicate these rules in your listing, check-in instructions, and through a digital or physical house manual to avoid any disruptions and potential penalties.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual helps guests navigate the property smoothly and reduces the likelihood of misunderstandings or issues.

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 photos and videos to help them understand the process. This approach enhances guest convenience and reduces the risk of lost keys or access issues.

Parking Instructions

Include detailed parking instructions with photos in your house manual and check-in communications. This ensures that guests are aware of parking options, restrictions, and any specific rules or regulations, helping to avoid potential parking-related issues.

By following these tips, you can enhance the guest experience, maintain compliance with local regulations, and ensure the smooth operation of your short-term rental business in Hollywood, Florida.

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

House Cleaning Services

My Cleaning Angel

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

The Cleaning Authority - North Miami

• Provides detailed cleaning services using the Detail-Clean Rotation System.
• Offers environmentally responsible cleaning, bonded and insured cleaners, and a 100% satisfaction guarantee.
• Serves Hollywood, Miramar, Hialeah, Miami Gardens, and surrounding areas.

Squeaky Cleaning

• Offers deep house cleaning, maid services, apartment cleaning, and custom home cleaning services.
• Provides weekly, bi-weekly, or monthly cleaning schedules and uses high-quality cleaning products.
• Includes services like kitchen and bathroom cleaning, dusting, and floor cleaning.

Other Cleaning Services

Dusty Luke's Cleaning Services LLC

• Offers house cleaning, cleaning services, and window cleaning.

Pro Alliance Cleaning Service LLC

• Provides cleaning services, house cleaning, and pressure washing.

Unicorn Bubbles Cleaning LLC

• Offers cleaning services, house cleaning, and commercial cleaning services.

Asima Facility Management, Inc.

• Provides commercial cleaning services, house cleaning, and other cleaning services across various areas in Florida.

Paradise Pressure Cleaning LLC

• Specializes in pressure washing, house cleaning, and roof cleaning.

The Happy Service Company, LLC

• Offers cleaning services, house cleaning, and commercial cleaning services.

Brilliant Details Cleaning

• Provides commercial cleaning services, house cleaning, and other cleaning services.

ACL Cleaning Systems, LLC

• Offers cleaning services, house cleaning, and pressure washing across several areas in Florida.

The Best Crew Cleaning Services Inc

• Provides cleaning services, house cleaning, and carpet and rug cleaning.

Miami Cleaner Uppers, LLC

• Offers cleaning services, house cleaning, and window cleaning.

Dwell On Details

• Provides cleaning services, house cleaning, and window cleaning.

Short-Term Rental Management Fees in Hollywood, Florida: A Comprehensive Guide

In Hollywood, Florida, the fees for short-term rental management can vary significantly, typically ranging from 20%-30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as Grand Welcome Hollywood Florida and Summer, offer a wide array of services including guest communication, marketing, maintenance, and compliance with local regulations, which generally fall on the higher end of this range.

Basic or partial management services, which may require more owner involvement in tasks like cleaning, restocking supplies, and maintenance, can be less expensive. Additionally, hosts may incur extra fees for services such as cleaning, repairs, or property design and updates. It is crucial to review the specific services and fees associated with each management company to ensure they align with your financial goals and property needs.