In South Daytona, Florida, the short-term rental market is thriving, with flexible and convenient options available, strong demand driven by the area's attractive beaches and events, and potential for significant revenue for investors.
Thriving Short-Term Rentals in South Daytona, Florida
South Daytona, Florida, is experiencing a robust short-term rental market, driven by its appealing location and the broader allure of the Daytona Beach area. The region's 23 miles of coastline and popular events like the Daytona 500 attract a diverse population of travelers, leading to strong occupancy rates. While specific occupancy and average daily rates for South Daytona are not detailed, the broader Daytona Beach area sees peak demand during spring break and the summer months, with top properties maintaining strong booking calendars even into the cooler months until January.
This consistent demand makes short-term rentals in South Daytona an attractive investment opportunity, with two- and three-bedroom properties being particularly popular among travelers. The area's affordable real estate options, compared to other Florida hotspots, further enhance its appeal for both investors and visitors.
Short-Term Rental Regulations in Daytona Beach and Volusia County, Florida (Relevant to South Daytona) for 2024
While specific regulations for South Daytona are not detailed in the sources, the regulations for Daytona Beach and Volusia County, which are likely to be similar or applicable, are as follows:
Zoning and Location Restrictions
- Short-term rentals are not permitted in areas designated for residential use.
- They are allowed in select locations, including major thoroughfares, beachfront areas, downtown, and Midtown, within four designated tourist zoning districts and thirteen redevelopment area zoning districts.
Licensing Requirements
- Hosts must obtain a city-issued occupational license to conduct any business within the city.
- A Florida Department of Business and Professional Regulation (DBPR) license is required for properties rented more than three times a year for less than 30 days or if publicly advertised for such rentals.
Business Tax Receipt
- All businesses in Daytona Beach must possess a valid Business Tax Receipt, subject to annual renewal, expiring on September 30 each year.
Building and Housing Standards
- Vacation rentals must adhere to specific standards, including limitations on accessory uses (no more than 20% of the gross floor area).
Tax Obligations
- Property owners must register for the Tourist Development Tax (6% of the total rental amount) and remit it to Volusia County on a monthly basis.
- Additionally, a 6% State Sales Tax and a discretionary sales surtax (between 0.5% and 1.5%) must be collected and remitted.
Occupancy Limits
- The maximum number of people allowed to stay overnight is determined by the number of bedrooms (two people per bedroom, plus an extra two people in a common area), with adjustments if each person has at least 50 square feet of space.
Compliance and Enforcement
- Strict enforcement of zoning ordinances, with significant fines for non-compliance (up to $15,000).
- Regular checks by local authorities to ensure compliance with all regulations.
Additional Requirements
- Compliance with Homeowners Associations (HOAs) or community associations rules if applicable.
- Obtaining comprehensive insurance coverage to protect against property damage, accidents, and liability claims.
State and Local Regulatory Changes
- Proposed legislation aims to centralize control over short-term rental regulations at the state level, though local governments can still impose their own rules and fees.
High-Revenue Airbnb Neighborhoods in South Daytona, Florida: Why They Are Appealing to Guests
Neighborhoods Generating Significant Airbnb Revenue
While specific neighborhood-level revenue data for South Daytona is not extensively detailed in the sources, we can infer the most appealing areas based on general popularity, guest reviews, and amenities.
Green Acres
- Popularity: One of the most frequently booked neighborhoods in South Daytona.
- Amenities: Close proximity to shopping plazas, beaches, and key attractions like the Daytona International Speedway.
- Guest Reviews: High ratings for location, cleanliness, and overall guest experience.
Ganymede
- Popularity: Another highly booked area, indicating strong demand.
- Amenities: Similar to Green Acres, it offers easy access to beaches, shopping, and local attractions.
- Guest Reviews: Guests praise the location and amenities available in this neighborhood.
West Shore Park
- Popularity: Frequently booked, suggesting a high level of guest satisfaction.
- Amenities: Proximity to the beach, local parks, and other family-friendly activities.
- Guest Reviews: High ratings for cleanliness, location, and overall comfort.
Why These Neighborhoods Are Appealing
Proximity to Beaches and Attractions: Neighborhoods like Green Acres, Ganymede, and West Shore Park are close to the beach, shopping centers, and major attractions such as the Daytona International Speedway and Main Street. This proximity makes them highly appealing to guests looking for convenience and easy access to local activities.
Family-Friendly Environment: Many of these neighborhoods are located in quiet, safe, family-friendly areas, which are particularly attractive to families and travelers seeking a relaxed environment. Amenities like fenced-in yards, toys, and Pack 'n Play facilities are often available, enhancing their appeal.
High Guest Satisfaction: The high average ratings and positive reviews from guests indicate that these neighborhoods offer a superior guest experience, which is a key factor in their popularity and revenue generation.
Dedicated Workspaces and Pet-Friendly Options: Some rentals in these areas feature dedicated workspaces and are pet-friendly, catering to a broader range of guests, including those who need to work remotely and those traveling with pets.
These factors combined make Green Acres, Ganymede, and West Shore Park highly attractive and profitable neighborhoods for Airbnb investors in South Daytona.
Creating an Inviting Airbnb in South Daytona, Florida: Tips for Furnishing and Design
Embrace the Coastal Charm
- Incorporate nautical and coastal themes into your decor, such as blues and whites, shell accents, and driftwood furniture to reflect South Daytona's proximity to the Halifax River and Atlantic Ocean.
- Use natural materials like wicker, rattan, and jute to add a beachy feel.
Highlight Local History and Culture
- Decorate with items that nod to the city's historical sites, such as the Dunlawton Sugar Mill Gardens or the Museum of Arts and Sciences. This could include vintage maps, historical photographs, or replicas of prehistoric megafauna statues.
- Incorporate local art and crafts to give your space a unique and authentic touch.
Utilize Light and Airy Spaces
- Opt for light-colored walls, large windows, and sheer curtains to maximize natural light and create a bright, airy atmosphere reminiscent of the sunny Florida days.
- Add mirrors to reflect light and make the space feel larger.
Incorporate Outdoor Living
- Since South Daytona is known for its beautiful parks and waterfront areas, create an inviting outdoor space. Add a patio or balcony with comfortable seating, plants, and outdoor decor that complements the coastal theme.
- Consider adding a small garden or a few potted plants to bring in some greenery.
Family-Friendly and Functional
- Given the family-oriented nature of South Daytona, ensure your space is family-friendly. Include a play area for children with interactive toys and educational materials.
- Provide functional storage solutions to keep the space organized and clutter-free, making it easier for families to manage their belongings.
Reflect the Community's Small-Town Feel
- Use warm and inviting colors to create a cozy atmosphere that reflects the small-town, community-oriented feel of South Daytona.
- Add personal touches such as local photographs, community event calendars, and recommendations for local eateries and attractions to make guests feel welcome.
Modern Amenities with a Local Twist
- Include modern amenities like a VR room or escape room information, similar to what is offered at places like Back Alley Lanes, to cater to a variety of interests.
- Provide guides or brochures on local activities such as kayaking, fishing, or visiting the Daytona Beach Boardwalk to encourage guests to explore the area.
Comfort and Convenience
- Ensure the space is well-equipped with comfortable furniture, high-quality bedding, and all the necessary appliances to make guests feel at home.
- Offer convenient amenities like beach towels, sunscreen, and beach chairs to make the guest experience seamless and enjoyable.
Local Attractions and Insider Tips for South Daytona, Florida
Parks and Facilities
- Blaine O'Neal Park: A local park with various amenities, perfect for a leisurely walk or picnic.
- Central Park: Offers a serene environment for relaxation and outdoor activities.
- James Park: Features pavilions available for rental, ideal for small gatherings. ($60 for 3 hours, 50% discount for residents, limited to 25 guests).
- Reed Canal Park: Another park with pavilion rental options, great for family events.
- Riverfront Park: Enjoy scenic views and pavilion rentals for your next outing.
- Park of Honor: A commemorative park honoring local heroes.
- Piggotte Community Center: Available for event rentals, a great space for larger gatherings.
Nearby Attractions
- Daytona International Speedway: Famous for the Daytona 500 NASCAR race and the Rolex 24 at Daytona. A must-visit for racing enthusiasts.
- Ponce de Leon Inlet Lighthouse & Museum: Climb the 175-foot lighthouse for panoramic views and explore the museum.
- Daytona Beach: Enjoy 23 miles of Atlantic coastline, scenic drives, bicycle rentals, and the historic Boardwalk & Pier.
- Daytona Lagoon Water Park: A fun-filled destination for water park enthusiasts.
- Spruce Creek Park: A 1,600-acre nature preserve with boardwalks, nature routes, and an observation tower.
Insider Tips
- Beach Activities: Take advantage of the sandy beaches, rent bicycles, or go for a scenic drive along the coastline.
- Local Events: Check out the yearly events in Daytona Beach, including sports car races and other community activities.
- Historic Sites: Explore the Daytona Historic Pier and other historic sites in the area.
- Nature and Wildlife: Visit the Daytona Aquarium & Rainforest Adventure for a unique experience with land and sea animals.
- Shopping and Dining: Discover local eateries and great places to shop in and around Daytona Beach.
By providing these recommendations, your Airbnb guests can enjoy a well-rounded and memorable stay in South Daytona, Florida.
Practical Tips to Run a Successful Short Term Rental Business in South Daytona, Florida
To ensure the success and smooth operation of a short-term rental business in South Daytona, Florida, several key strategies can be implemented. Here are some practical tips:
Noise Regulations and Quiet Hours
Inform your guests about the local noise regulations and quiet hours to avoid any potential issues with neighbors. Clearly communicate these rules in your listing and include them in the house manual to set expectations from the outset.
Creating a Comprehensive House Manual
Develop 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 house rules, including noise regulations, to ensure guests are well-informed and respectful of the property.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, along with photos of the smart lock and any other relevant features.
Parking Instructions with Photos
Include clear parking instructions in your house manual, accompanied by photos to help guests identify the designated parking areas. This can prevent confusion and potential parking violations, ensuring a hassle-free stay for your guests.
By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in South Daytona, Florida.
Here is a brief list of house cleaning providers in the South Daytona, Florida area:
House Cleaning Services
Merry Maids of South Daytona
- Offers professional cleaning services with 40 years of experience.
- Provides thorough cleaning solutions, including dusting, mopping, vacuuming, and window cleaning.
- Uses environmentally friendly products and offers weekly, bi-weekly, and monthly cleaning schedules.
Molly Maid of Daytona and New Smyrna Beach
- Provides customized cleaning plans with no contracts.
- Offers one-time, special event, and recurring cleaning services.
- Services include floor cleaning, dusting, washing and sanitizing, and custom cleaning plans.
Just Peachy Clean LLC
- Offers professional cleaning services in Daytona Beach and nearby communities in Volusia County.
- Provides thorough cleaning solutions for residential areas.
Local House Cleaning Services (via Care.com)
- Lists various individual house cleaning services and companies in Daytona Beach, FL.
- Services include a range of cleaning tasks and are rated highly by local users.
Short-Term Rental Management Fees in South Daytona, Florida: A Comprehensive Guide
In South Daytona, Florida, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often around 20-30%. This level of service ensures that all aspects of the rental are handled professionally, maximizing the property's revenue potential. On the other hand, basic services that may only include listing and booking management might cost less, usually around 10%. Additionally, property owners may incur extra fees for services like cleaning, repairs, and interior design, which can further impact the overall cost of management.