Airbnb & VRBO Performance in Oakland Park Florida.

Short-Term Rental Regulations in Oakland Park, Florida for 2024

Registration and Licensing

• Vacation Rental License: All hosts must obtain a Vacation Rental License and pass an initial inspection before listing their property.
• Registration Fee: The initial registration fee is $500, with an annual renewal fee of $250.
• Inspection Fees: An inspection fee of $150 is required, and additional inspections may incur the same fee if the initial inspection is failed.

Compliance Requirements

• Annual Registration: Each vacation rental must be registered annually.
• Business Tax Receipt: Hosts must also obtain a Business Tax Receipt from the Town, which costs $50 per year.
• Florida Vacation Rental License: A state-level license from the Department of Business and Professional Regulation (DBPR) is required, costing $250 and renewed annually.

Safety and Maintenance

• Compliance with Codes: Properties must comply with Florida Building Code and Florida Fire and Life Safety Codes, verified through annual inspections.
• Approved Cooking Facilities: Cooking facilities must be approved and permitted.

Occupancy and Parking

• Occupancy Limits: Limit occupancy to 2 persons per bedroom, with a total occupancy not to exceed 8 occupants.
• Parking Requirements: Minimum of two parking spaces for the owner's bedroom and one space per rental bedroom.

Operational Requirements

• Written Agreement: The rental agreement must include the maximum number of occupants, vehicles, and a statement about off-street parking and evacuation procedures.
• Tourist Development Tax: Hosts must collect and remit a 6% Tourist Development Tax on all bookings.

Enforcement and Penalties

• Fines for Non-Compliance: Violations can result in fines of $250 per day for the first offense, increasing to $500 per day for repeat offenses.
• Enforcement Hotline: A dedicated hotline (954-504-6454) for neighbors to report non-emergency vacation rental problems.

Neighborhood Considerations

• Noise and Parking Regulations: Hosts must adhere to the city's noise and parking regulations to avoid fines and complaints from neighbors.
• Neighborhood Disturbance Concerns: Regulations aim to address life safety and compatibility concerns in residential neighborhoods.

High-Revenue Airbnb Neighborhoods in Oakland Park, Florida

Why These Neighborhoods Are Appealing

Oakland Park, Florida, is a lucrative location for Airbnb investments, with several neighborhoods standing out for their high revenue potential and guest appeal. Here are the key neighborhoods:

1. Central Oakland Park

• Average Daily Rate: $227
• Occupancy Rate: 56%
• Average Annual Revenue: Approximately $4,019
• Appeal: Central Oakland Park is centrally located, attracting a diverse crowd of tourists and business travelers. Its proximity to various amenities and services makes it highly desirable for short and long-term stays.

2. Coral Brook

• Average Daily Rate: Similar to Central Oakland Park, given the central location
• Occupancy Rate: Average of 58%, peaking at 72% in February
• Average Annual Revenue: Approximately $51,000
• Appeal: Coral Brook is known for its central location, making it easy for guests to access local attractions, restaurants, and other amenities. The area's diverse crowd and high occupancy rates make it an attractive option.

3. South Corals

• Average Daily Rate: $292.3
• Occupancy Rate: Average of 58%, peaking at 72% in February
• Average Annual Revenue: Approximately $51,000
• Appeal: South Corals offers a mix of tourist and business traveler appeal, with its central location and access to various local attractions. The area's evolving arts scene and increasing popularity add to its allure.

Key Factors

• Central Location: All these neighborhoods are centrally located, providing easy access to amenities, services, and local attractions.
• Diverse Crowd: They attract a diverse range of guests, from tourists to business travelers, ensuring a steady stream of bookings.
• High Occupancy Rates: The areas have high occupancy rates, particularly during peak months, which contributes to higher annual revenues.
• Local Amenities: The proximity to restaurants, shops, and other local amenities enhances the guest experience, making these neighborhoods highly appealing.

Tips for Furnishing and Designing an Inviting Airbnb in Oakland Park, Florida

Durability and Maintenance

• Choose furniture made from durable, easy-to-clean materials such as leather or microfiber for sofas, chairs, and other upholstery. This ensures longevity and simplifies maintenance.

Aesthetic Consistency

• Use neutral colors like grays, beiges, and whites for both furniture and paint to maintain aesthetic consistency. These colors are versatile and appeal to a wide range of guests.

Lighting Considerations

• Ensure that the lighting in your property complements the colors you choose. Natural and artificial lighting can affect how colors appear, so test them under different lighting conditions.

Functional Design

• Incorporate functional furniture that maximizes space and provides storage. For example, beds with drawers or storage can help keep the property clutter-free and provide extra amenities for guests.

Local and Cultural Touches

• Reflect the vibrant culture of Oakland Park by incorporating local art and cultural elements into your decor. This can include coastal contemporary designs, natural materials, and playful themes that resonate with the city’s joyful spirit.

Outdoor Spaces

• Invest in charming outdoor spaces such as private pools, spacious patios, and rooftop terraces. These amenities are highly attractive to guests, especially in a city known for its sunny weather.

Modern Conveniences

• Ensure that your living areas are updated with modern conveniences like high-speed Wi-Fi, smart appliances, and luxurious linens. These amenities are essential for tech-savvy guests and contribute to a home-like environment.

Neighborhood-Specific Styles

• Tailor your design to the specific neighborhood. For example, waterfront neighborhoods might benefit from coastal designs, while city center properties could incorporate more eclectic and modern decor styles.

Guest Amenities

• Provide amenities that enhance the guest experience, such as fully stocked kitchens, high-quality beds, and additional comforts like beach chairs, towels, and sport umbrellas.

Discover Oakland Park, Florida: Local Attractions and Insider Tips

Local Attractions

Breweries and Nightlife

• Funky Buddha Brewery: A staple in Oakland Park since 2013, known for its wide craft beer selection and experimental brews. Offer tours of the brewhouse and enjoy their innovative pub food.
• Tenth Level Tavern: Combines arcade games with a great selection of craft beers, wine, and classic video games. A great spot for entertainment and relaxation.

Parks and Outdoor Activities

• Hugh Taylor Birch State Park: Explore five distinct ecosystems native to South Florida, including dunes, mangroves, and maritime forest. Don't miss the spectacular orchid house.
• Easterlin Park: A Designated Urban Wilderness with cypress trees, a lake, and various recreational activities like disc golf, basketball, and camping sites.
• Mills Pond Park: Features softball leagues, batting cages, playgrounds, soccer fields, and a five-field football complex. Conveniently located near I-95.
• Jaco Pastorius Park: Named after the famous bass player, this park hosts special events, has a unique arched fountain, and offers a tranquil atmosphere.

Family-Friendly Entertainment

• Xtreme Action Park: South Florida’s largest indoor family entertainment center with karting tracks, an arcade, ropes course, trampoline park, VR games, escape rooms, laser tag, bowling lanes, and a roller skating rink.
• Sunrise Paddleboards: Offers guided tours of Fort Lauderdale’s canals, paddleboard yoga, and lessons for first-timers. A great way to see the city’s opulent homes and mega yachts.

Cultural and Historical Sites

• The Bonnet House Museum and Gardens: A historic estate with beautiful gardens and an international orchid festival every April.
• Oakland Park Art Walk + Art & Antique Tours: Enjoy live entertainment, local artists, vendors, and food during this event held in November.

Insider Tips

Dining and Culinary Experiences

• Bluegreen Cafe: Savor breakfast, brunch, or lunch in an atmosphere that feels like a backyard garden. Enjoy freshly brewed Brazilian coffee at your table.
• Las Colinas Restaurant: For authentic Cuban fare, this restaurant is a local favorite.
• Candela Restaurant: Known for its unique wine selection and delicious Spanish, Italian, and Cuban food.
• Peter Pan Diner: A 24/7 diner serving classic East Coast diner food, perfect for a late-night bite.

Special Events

• Oakland Park Halloween Bash: A thrilling event with costume contests, dance competitions, inflatable houses, and plenty of Halloween candy.
• Summer Nights at Jaco Pastorius Park: Enjoy a Culinary Arts Showcase, live music, and family-friendly movies on the second Friday of each month during the summer.

Shopping and Exploration

• Vintage Vault Furniture: Find antiques, shabby chic décor, and curiosities from around the world. A great place to add unique character to your space.
• Mystik Sisters: A new age shop offering crystals, jewelry, books, candles, and more. Perfect for those seeking serenity and tranquility.
• Coral Square Mall and Galleria Fort Lauderdale: Convenient shopping options located nearby.

Getting Around

• Fort Lauderdale’s Canals: Take a guided tour to explore the city’s waterways and see the opulent homes and mega yachts up close.
• DRV PNK Stadium: Catch a soccer match, including games by Inter Miami, just north of the city.

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

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

To ensure a smooth and profitable short-term rental business in Oakland Park, Florida, several practical tips can make a significant difference in guest satisfaction and compliance with local regulations.

Noise Regulations and Guest Communication

Inform your guests about the city's noise regulations and quiet hours to avoid potential fines and complaints from neighbors. Clearly outline these rules in your listing description and house manual to set expectations from the outset.

Comprehensive House Manual

Create both digital and physical house manuals that include detailed instructions on how to use appliances, Wi-Fi passwords, and other essential information about the property. This helps reduce the number of inquiries and ensures guests have 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 access the property, along with photos of the lock and any other relevant entry points.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests understand where and how to park. This is particularly important given Oakland Park's specific parking requirements and potential penalties for non-compliance.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and ensure your short-term rental business in Oakland Park operates smoothly and successfully.

Here is a brief list of house cleaning services in Oakland Park, Florida:

House Cleaning Services in Oakland Park, FL

1. Carvalho's Cleaning Services

• Specialized in residential and commercial cleaning.
• Offers affordable, fast, and convenient cleaning services.

2. Maid In USA

• Provides residential and commercial cleaning services.
• Focuses on keeping everything clean and tidy.

3. My Cleaning Angel

• Matches clients with local cleaners for house cleaning services.
• Offers easy and fast online booking.

4. Top-Rated House Cleaners on Angi

• A list of the top 10 best house cleaners in Oakland Park, FL, based on real reviews and ratings.

5. Thumbtack House Cleaning Services

• A definitive list of Oakland Park's house cleaning services rated by the local community.

Short-Term Rental Management Fees in Oakland Park, Florida

In Oakland Park, 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, which handle comprehensive tasks such as guest communication, marketing, pricing optimization, and property maintenance, usually charge on the higher end of this spectrum, often around 20-30% of the revenue.

Basic service packages, which may include only essential services like booking management and guest screening, tend to be less expensive, starting at around 10% of the rental revenue. Additionally, hosts may incur extra fees for services such as cleaning, repairs, and interior design, which can be billed separately or included in the overall management fee. Understanding these fee structures is crucial for property owners to manage their short-term rentals effectively and ensure compliance with local regulations in Oakland Park.