Airbnb & VRBO Performance in Placida Florida.

RedAwning offers vacation rental property management for busy vacation rental owners and Airbnb hosts. Starts at 10% of revenue.
Schedule a call
Call or text 415-941-5206

Placida, Florida: Airbnb & VRBO Vacation Rental Market Overview

In Placida, Florida, the short-term rental market remains attractive, with highly rated vacation rentals offering desirable amenities and locations, despite the need for compliance with specific local and state regulations to ensure smooth operations.

Market overview

Thriving Short-Term Rental Market in Placida, Florida

Placida, Florida, is experiencing a robust short-term rental market, driven by its appealing location and amenities. While specific data on occupancy rates and average daily rates for short-term rentals in Placida is not readily available, the area's attractiveness to tourists is evident. With its beautiful beaches, golf courses, and wildlife-rich surroundings, Placida continues to draw visitors who prefer the comfort and flexibility of vacation rentals. Properties listed on platforms like Airbnb showcase high ratings for location, cleanliness, and amenities such as pools, private beach access, and free parking, indicating a high level of guest satisfaction. As the tourism sector remains strong in Florida, Placida's short-term rental market is poised for continued growth and success.

Short Term Regulations

Short-Term Rental Regulations in Placida, Florida for 2024

While specific regulations for Placida, Florida, are not detailed in the provided sources, the following regulations are based on statewide and nearby local regulations that are likely to apply or be similar:

Licensing and Registration

  • Short-term rental properties may require a license, particularly those listed on platforms like Airbnb and Vrbo. Property owners must verify local regulations to ensure compliance.

Occupancy Limits

  • The maximum overnight occupancy cannot exceed two persons per bedroom, plus an additional two persons in one common area. Alternatively, it cannot exceed two persons per bedroom if there is at least 50 square feet per person, plus an additional two persons in one common area.

Local Fees

  • Local governments can charge a “reasonable fee” to vacation rental owners to register the property. If there’s a problem with the registration, the owner could be fined up to $500.

Compliance and Enforcement

  • A vacation rental registration can be suspended for violations of an ordinance that does not apply solely to vacation rentals. Suspension periods can be up to 60 days for one or more violations on five separate days during a 30-day period, and up to 90 days for one or more violations after two prior suspensions.

Emergency Response

  • A responsible party capable of responding to complaints or emergencies related to a vacation rental must be available by telephone 24 hours a day and seven days a week. They must respond by 9 a.m. the following morning.

Tax Obligations

  • Short-term rental hosts must collect and remit state sales and local tourist taxes, which usually range between 7.5% and 12% of revenue.

Zoning and Local Ordinances

  • Local governments can regulate short-term rentals through zoning laws and other ordinances, but they cannot wholly prohibit short-term rentals. They can set rules on noise, trash, parking, and other issues.

Property Inspections

  • Some cities may require property inspections to obtain a rental permit. Property owners should check with local city officials for specific requirements.

Compliance with Local Rules

  • Property owners must comply with local rules, including respecting occupancy limits, adhering to quiet hours, and following parking rules to avoid fines and other penalties.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Placida, Florida

While specific neighborhood data for Placida, Florida, is not extensively detailed in the provided sources, we can infer the most appealing areas based on the popular vacation rentals and amenities available in the region.

1. Little Gasparilla Island

  • Appeal: This island is highly attractive due to its private beach access, dock access, and the availability of a heated pool and hot tub. Guests can enjoy a peaceful, family-friendly environment with over 50 coconut palms and amenities like a pool table and kayaks.
  • Revenue Potential: The exclusive and luxurious nature of rentals on Little Gasparilla Island, such as the "Coconut Paradise," suggests high revenue potential due to the premium amenities and private island experience.

2. Cape Haze

  • Appeal: Located in the charming Old Florida neighborhood of Cape Haze, this area is known for its tropical breezes, lush landscaping, and spacious homes. Guests appreciate the heated pool, spa, and the picturesque streets lined with old banyan and pin-oak trees.
  • Revenue Potential: The "AMAZING Cape Haze Location" and similar properties in this area are likely to generate significant revenue due to their appealing amenities and the serene, natural environment.

3. Rotonda West

  • Appeal: This area is popular for its proximity to five different golf courses and the beautiful Gulf beaches of Southwest Florida. Guests enjoy the canal views, wildlife spotting, and the relaxing lanai poolside experience.
  • Revenue Potential: Properties like "Pelican Paradise" in Rotonda West are likely to attract high-paying guests due to their convenient location and the abundance of recreational activities.

4. Old Englewood

  • Appeal: This historic district offers a light and airy atmosphere, private gardens, a hammock, and a fire pit. Guests are within walking distance to public tennis courts, great restaurants with live music, and a weekly Farmers Market.
  • Revenue Potential: The "Oz Tree House" and similar rentals in Old Englewood can generate substantial revenue due to their unique setting and proximity to local attractions.

Why These Neighborhoods Are Appealing

  • Private and Luxurious Amenities: Properties in these neighborhoods often feature private pools, hot tubs, and beach access, making them highly desirable for guests seeking a luxurious vacation experience.
  • Natural Beauty and Wildlife: The areas around Placida are known for their lush landscaping, wildlife spotting opportunities, and picturesque streets, which attract guests looking for a peaceful and natural environment.
  • Proximity to Attractions: These neighborhoods are close to golf courses, beaches, and other recreational activities, making them ideal for guests who want to stay active and enjoy local attractions.
  • Family-Friendly: Many of the rentals in these areas are designed to accommodate families, offering amenities like pool tables, kayaks, and spacious living areas.
Meet with a revenue advisor
Design Tips

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

Setting the Foundation

  • Measure and Plan: Measure your rooms to determine the best layout, ensuring ample space to move around and unobstructed natural light sources.

Choosing the Right Furniture

  • Durable and Timeless Pieces: Opt for sturdy, timeless furniture that aligns with your theme. Avoid flimsy or low-quality items, especially those with plastic legs.
  • Comfortable Bedding: Select a solid bed with a mattress at least 8 inches thick. Consider memory foam mattresses for durability and ease of replacement.
  • Multi-functional Furniture: Use sofa beds, ottomans with storage, and dining tables that can double as workspaces to maximize space and functionality.
  • Easy-to-Clean Furniture: Choose sofas with washable covers and avoid real or faux leather. Opt for high-quality, durable towels and linens in neutral colors that can be bleached.

Enhancing the Living Areas

  • Cozy Living Room: Select a durable dining table and comfy, lightweight chairs. Darker chairs can hide stains better and are more practical.
  • Well-Equipped Kitchen: Provide essentials like a coffee maker, microwave, toaster, and kettle. Include basic cookware, utensils, dinnerware, and additional items like a cutting board and corkscrew.

Adding Local Touches

  • Rustic and Coastal Themes: Incorporate elements that reflect Placida's coastal and natural surroundings. Use earth tones, natural materials, and wilderness-inspired artwork for a rustic cabin theme or sleek, modern designs for a coastal vibe.

Storage and Organization

  • Smart Storage Solutions: Use beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized. Provide designated spots for guests' personal items, such as a luggage rack.

Guest Amenities

  • Essential Amenities: Ensure there are power sockets near mirrors for hair dryers and straighteners. Provide a hairdryer, basic toiletries, and a first-aid kit. Include sealed containers for leftovers and dry goods if possible.
  • Work and Internet: Offer a sturdy desk, a comfy chair, good lighting, and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger spaces.

Safety and Accessibility

  • Safety Features: Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider adding a safe for valuables.
  • Accessibility: Make your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.

Decor and Lighting

  • Mirrors and Lighting: Use mirrors to make the space feel bigger and brighter. Ensure good lighting throughout the property, and consider adding a desk lamp for additional light.
  • Local Art and DIY Decor: Incorporate local art and DIY decor to add a personal touch. Support local markets and artisans to create unique pieces that reflect the local culture.

Budget-Friendly Tips

  • Set a Budget: Determine your budget before starting to furnish and decorate. Focus on essential items first, such as a comfortable mattress, quality linens, and basic kitchenware.
  • Secondhand Shopping: Explore thrift stores, consignment shops, and online marketplaces for affordable furniture. Be prepared to negotiate prices and look for hidden gems.
Insider Tips

Discovering Placida, Florida: Local Attractions and Insider Tips for Airbnb Hosts

Local Attractions

Beaches and Parks

  • Little Gasparilla Island Beach: A serene and relaxing spot perfect for a lazy afternoon. Guests can enjoy swimming, shelling, and the beautiful scenery.
  • Don Pedro Island Beach: Accessible by a short ferry ride, this beach offers a tranquil atmosphere and stunning views.
  • Don Pedro Island State Park: A lovely green space with beautiful beaches, ideal for outdoor activities like hiking and picnicking.
  • Placida Park: Features a boat ramp, making it a great spot for boating, fishing, and exploring Placida Harbor and surrounding waterways.

Water Activities

  • Gasparilla Marina: A waterfront area where guests can wander the marina, enjoy the beaches, and engage in various water activities.
  • King Fisher Fleet: Located in nearby Punta Gorda, offers sightseeing tours and water sports.
  • Anchors Away Charters LLC: Provides boat tours and charters for fishing and exploring the local waters.

Other Attractions

  • Sharky's On the Pier: While not in Placida itself, this popular spot in Venice is worth a visit for its dining and waterfront views.
  • The Shell Factory and Nature Park: Located in North Fort Myers, this park offers a unique blend of nature and shopping.

Insider Tips

Getting Around

  • Boat Ramps: The Placida Park Boat Ramp is a convenient spot to launch boats and explore the surrounding waterways and secluded keys.

Local Experiences

  • Fishing and Boating: Placida is renowned for its fishing and boating opportunities. Guests can rent equipment or book charters to make the most of their stay.
  • Beach Activities: Recommend parasailing, Jet Ski tours, and other beach activities available in the area for an adrenaline-packed experience.

Dining and Nightlife

  • Local Cuisine: Suggest visiting local eateries and seafood restaurants to taste the fresh seafood and traditional Florida cuisine.
  • Sharky's On the Pier: Even though it's a bit of a drive, this pier in Venice offers great food and a lively atmosphere.

Hidden Gems

  • Cape Haze and Englewood Beach: These nearby areas offer additional beaches, parks, and water activities that are often less crowded than the more popular spots.

Additional Tips for Airbnb Hosts

  • Provide Maps and Guides: Offer maps and guides to help guests navigate the local attractions and hidden gems.
  • Recommend Local Services: Suggest local boat rental services, fishing charters, and other activities that guests might enjoy.
  • Share Community Events: Inform guests about any local events, festivals, or markets happening during their stay to enhance their experience.

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

Practical Tips

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

To ensure a smooth and successful short-term rental business in Placida, Florida, several practical tips can be implemented. First, it is crucial to inform guests about noise regulations and quiet hours to maintain a peaceful environment for both the guests and the local community. This can be included in a comprehensive digital and physical house manual that also provides essential instructions, Wi-Fi passwords, and other important details.

A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges, making the arrival process more convenient. Additionally, providing clear parking instructions accompanied by photos can help guests navigate the property easily and avoid any potential issues.

Compliance with local regulations, such as the 5% Tourist Development Tax and adherence to zoning laws, is also vital to avoid fines and legal issues. By focusing on these details, you can create a welcoming and well-organized environment that fosters positive guest reviews and repeat bookings.

Local Vendors

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

House Cleaning Services in Placida, FL

MaidPro

  • Offers customized house cleaning services
  • Uses a 49-Point Checklist™ to ensure thorough cleaning
  • Provides additional services such as vacuuming, polishing, and scrubbing.

HomeAdvisor Listed Cleaners

  • A list of top-rated cleaning services experts in Placida, FL
  • Includes real reviews and ratings to help choose the right service.

Angi Listed Cleaners

  • A list of the top 10 best house cleaners in Placida, FL
  • Includes real reviews and ratings.

Note that the sources provided do not mention specific repair or maintenance providers, only house cleaning services.

Management fees

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

In Placida, Florida, short-term rental management fees typically range from 10% to 30% of the rental revenue, varying significantly based on the level and scope of services provided. Full-service management companies, such as those offered by GoSummer and Awning, which include comprehensive services like guest communication, marketing, booking management, cleaning, and maintenance, tend to charge fees on the higher end of this spectrum, often starting at 15% to 20% of the revenue.

Basic services, which may only include marketing and booking management, can be less expensive. Additionally, property owners may incur extra fees for cleaning services, repairs, and design or improvement projects. These fees are usually calculated separately from the management fee, ensuring that the property is always guest-ready and well-maintained. Understanding these fee structures is crucial for property owners to maximize their rental income while ensuring compliance with local regulations and maintaining high standards of property care.

Meet with an advisor

Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Placida should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Placida.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
Unlock your home’s potential
Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.
Schedule a call

⇤ Airbnb Statistics for Florida