Airbnb & VRBO Performance in Homestead Florida.

Short-Term Rental Regulations in Homestead, Florida for 2024

Licensing and Registration

• Vacation Rental License: Obtain a license from the Florida Department of Business and Professional Regulation (DBPR) if renting for periods of less than 30 days or 1 calendar month, and more than 3 times in a calendar year.
• City of Homestead Business Tax Receipt: Required for operating a short-term rental business in Homestead.

Zoning Restrictions

• Allowed Zones: Short-term vacation rentals are permitted in agricultural, commercial, and mixed-use zones, but prohibited in most residential districts, with exceptions for owner-occupied properties.

Tax Compliance

• Sales and Tourist Development Taxes: Register with the Florida Department of Revenue and collect/remit sales and tourist development taxes.

Safety and Inspection Requirements

• Fire Safety Inspection Report: Inspection completed by the Homestead Fire Department or a certified private inspector to verify working smoke alarms, fire extinguishers, and emergency lighting.
• Balcony Inspection Certificate: Required for multifamily rentals with balconies more than 6 feet above ground level, certifying balcony integrity by a licensed Florida engineer or architect.

Insurance and Liability

• Proof of Liability Insurance: Provide proof of liability insurance coverage to cover injury or harm to guests and invitees.

Occupancy Limits

• Maximum Occupancy: Determined by the number of bedrooms, with a maximum of 2 people per bedroom plus 2 additional people in a common area, up to a maximum of 12 people (excluding children under 3).

Guest and Property Management

• Guest Register: Keep a register of all guests.
• Responsible Party: Designate a responsible party who can respond to emergencies 24/7 and provide this contact information to guests and local authorities.

Advertising and Disclosure

• Advertising Requirements: Include the vacation rental license number and maximum occupancy in all advertisements.
• Homestead Exemption Disclosure: Provide a statement acknowledging that using the property as a vacation rental could result in loss of the Homestead Exemption.

Compliance and Enforcement

• Annual Inspections: Pass annual inspections to maintain the license.
• Fines and Penalties: Face fines for operating without a state license or failing to comply with regulations, which can escalate to license suspension or revocation.

Additional Requirements

• Condominium or Homeowner's Association Approval: If applicable, obtain approval from the condo or homeowner's association.
• Human Trafficking Notification: Ensure that any employees are trained appropriately regarding human trafficking.

Top Neighborhoods for Airbnb Revenue in Homestead, Florida

1. Historic Downtown Homestead

• Appeal: This area is highly rated for its proximity to local attractions such as the Everglades and Biscayne National Parks, the Florida Keys Outlet Mall, Homestead-Miami Speedway, and the Fruit and Spice Park. Guests appreciate the historic charm, family-friendly environment, and easy access to entertainment options like movies, bowling, and the Historic Seminole Theatre.

2. Naranja

• Appeal: Naranja offers a mix of quiet residential areas and convenient access to major attractions. Properties here often feature fully equipped kitchens, private gardens, swimming pools, and terraces, making them ideal for families and those seeking a comfortable stay. The area's proximity to national parks and the Florida Keys adds to its appeal.

3. Homestead (near US1 and the Florida Keys)

• Appeal: This area is a central hub for exploring South Florida, with easy access to the Florida Keys, Miami, and national parks. Guests love the tropical paradise settings, BBQ areas, hot tubs, and game rooms available in many rentals. The proximity to the Miami Zoo, Homestead Speedway, and other local attractions makes it a favorite for families and groups of friends.

4. Cutler Bay and Surrounding Areas

• Appeal: Although technically just outside Homestead, properties in Cutler Bay and nearby areas are often included in Homestead searches due to their proximity. These areas offer luxurious houses with pools and recreational areas, making them highly appealing for families and those looking for a luxurious getaway.

5. Avocado Villas and Nearby Neighborhoods

• Appeal: Avocado Villas and surrounding neighborhoods provide a quiet and secure environment with amenities like security cameras, fully stocked kitchens, and brand new smart TVs. The central location allows easy access to outlets, the Florida Keys, and Miami, making it a convenient choice for both families and travelers.

These neighborhoods are particularly appealing due to their combination of convenient locations, family-friendly amenities, and the overall comfort and cleanliness of the properties, which are consistently highly rated by guests.

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

1. Choose Sturdy, High-Quality Furniture

• Opt for solid wood over particle board and select furniture with easy-to-use and durable components. Avoid cheap, flimsy items that may not withstand frequent use by guests.

2. Prioritize Easy-to-Clean Furniture

• Select furniture that is easy to clean, such as leather or wipeable surfaces. Use ScotchGuard on fabrics and consider using a Bissell Little Green for spot-cleaning.

3. Ensure Furniture Serves a Purpose

• Avoid unnecessary decor and furniture. Each piece should be useful and serve a specific purpose. For example, use cabinets under TVs for storage and opt for small accent tables instead of nightstands.

4. Measure and Fit Furniture to the Space

• Measure your rooms carefully to ensure furniture fits well and does not block natural light sources. Choose pieces that fill the space effectively, such as taller furniture for high ceilings.

5. Use Smart Storage Solutions

• Incorporate smart storage options like beds with drawers, wall hooks, and stackable containers to keep the space tidy and provide guests with designated areas for their belongings.

6. Select Space-Saving Furniture with Big Functionality

• Opt for versatile pieces like sofa beds, folding tables, or ottomans with hidden storage. These can transform the layout of your space according to your guests' needs.

7. Utilize Mirrors to Enhance the Space

• Use mirrors to make your Airbnb feel bigger and brighter. Mount full-length mirrors in bedrooms and consider decorative frames for added style.

8. Provide Essential Appliances and Cookware

• Ensure your kitchen is well-equipped with necessary appliances like a coffee maker, microwave, toaster, and essential cookware such as pots, pans, and utensils.

9. Focus on Comfort and Practicality in Bedrooms

• Invest in comfortable, easy-to-clean mattresses and bed frames. Provide ample storage for guests' clothing and personal items, and ensure there are power sockets near mirrors for hair dryers and straighteners.

10. Add Local Touches and Decor

• Reflect Homestead's unique style by incorporating local elements such as tropical decor, natural materials, and artwork that highlights the city's culture and environment.

11. Ensure Safety and Accessibility

• Mount TVs and large mirrors securely to the wall, and consider making your Airbnb accessible to guests with disabilities by including features like ramps and grab bars in bathrooms.

12. Use Lighting to Create a Welcoming Atmosphere

• Utilize lighting to create an illusion of spaciousness and comfort. Invest in energy-efficient lighting solutions like LED bulbs and use a variety of fixtures such as hanging bulbs, table lamps, and spotlights.

Discover Homestead, Florida: Local Attractions and Insider Tips

Local Attractions

Natural Wonders

• Biscayne National Park: Explore the marine ecosystem and enjoy water activities.
• Everglades National Park: Experience the unique flora and fauna of the Everglades, with options for airboat rides and wildlife shows.
• Fruit and Spice Park: Sample exotic fruits and spices in this unique park.

Historical and Cultural Sites

• Coral Castle: A fascinating attraction built by Edward Leedskalnin over 28 years.
• Historic Homestead Town Hall Museum: Learn about the city's history and heritage.
• Homestead Seaboard Air Line Railway Station: A historic landmark that reflects the city's rail history.

Entertainment and Activities

• Homestead Miami Speedway: Enjoy NASCAR events or drive the track yourself with the NASCAR Racing Experience.
• Homestead Championship Rodeo: Experience a traditional rodeo event.
• Homestead Sports Complex: A venue for various sports and community events.

Parks and Recreation

• Homestead Bayfront Park and Marina: Enjoy waterfront activities, dining, and scenic views.
• Black Point Park and Marina: Another waterfront spot for boating and relaxation.
• South Dade Rail Trail: A trail perfect for biking, walking, or jogging.

Unique Experiences

• Robert Is Here Fruit Stand and Farm: Taste local fruits and enjoy a farm experience.
• Knaus Berry Farm: Known for its strawberries and farm-made products.
• Monkey Jungle: An attraction featuring a variety of primates in a natural setting.

Insider Tips

Transportation

• Homestead Trolley: Use the free trolley service to explore the city, including connections to Everglades and Biscayne National Parks during the season.
• Metrobus: Connect with Metrobus at various stops throughout the city for broader access to Miami-Dade County.

Dining

• Yardie Spice: Enjoy Caribbean flavors in this local restaurant.
• Casavana Cuban Cuisine: Savor authentic Latin cuisine.

Shopping

• Local Farms and Markets: Visit places like Robert Is Here Fruit Stand and Farm, and Knaus Berry Farm for fresh produce and local products.

Events

• Annual Festivals: Check local event calendars for annual festivals and community events that showcase the city's culture and heritage.

By providing these attractions and insider tips, your guests can fully immerse themselves in the unique charm and offerings of Homestead, Florida.

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

To ensure a smooth and enjoyable experience for both you and your guests, here are some practical tips for running a successful short-term rental business in Homestead, Florida:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to maintain a peaceful environment. Include this information in your digital and physical house manual to avoid any misunderstandings. Homestead has specific noise restrictions, so it is crucial to comply with these regulations to avoid any potential issues.

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 should be easily accessible to guests, either in the rental property or through a digital link provided upon check-in.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests have all the necessary information before their arrival.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests navigate the property easily. This is particularly important if the property has specific parking requirements or restrictions.

By following these tips, you can enhance guest satisfaction, reduce potential issues, and ensure your short-term rental business in Homestead, Florida, operates smoothly and efficiently.

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

House Cleaning Services

• Tina Maids: A local business providing home cleaning services in Homestead and surrounding areas.
• MaidPro: Offers weekly, bi-weekly, or one-time house cleaning services tailored to customer needs.
• Various Providers on Care.com: A list of 73 affordable house cleaning options, including individual cleaners such as Dina M., Victor P., Shannon L., Rosalia R., and Michele C..
• Angie's List Recommended Cleaners: A list of top-rated house cleaners in Homestead, FL, based on real reviews and ratings.

Deals and Discounts

• Groupon: Offers discounts and deals on house cleaning services in Homestead, FL, with savings up to 70% off.

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

In Homestead, Florida, managing a short-term rental property can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service chosen. Full-service management companies, such as MasterHost, offer a wide array of services including guest communication, marketing, price optimization, and property maintenance, which generally fall on the higher end of the fee spectrum, often between 12% to 15% per booking.

Basic service packages, however, can be more cost-effective, starting at around 10% per booking. Additionally, property owners may incur extra fees for specific services like cleaning, repairs, and interior design. These additional costs can vary but are crucial for maintaining the property's condition and enhancing guest satisfaction. Understanding these fee structures is essential for property owners to manage their expenses effectively and maximize their rental income.