Airbnb & VRBO Performance in Tarpon Springs Florida.

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Tarpon Springs, Florida: Airbnb & VRBO Vacation Rental Market Overview

Short-term rentals in Tarpon Springs, Florida, are performing well, with a median occupancy rate of 62%, an average daily rate of $154, and significant monthly revenue potential, making it a promising market for investors.

Market overview

Thriving Short-Term Rental Market in Tarpon Springs, Florida

Tarpon Springs, Florida, is experiencing a robust short-term rental market, making it an attractive destination for both investors and travelers. A typical short-term rental listing in the area is booked for an impressive 226 nights per year, with a median occupancy rate of 62%. This high occupancy rate is complemented by an average daily rate of $154, indicating strong demand and lucrative returns for property owners. These statistics highlight the city's popularity as a vacation spot and the potential for significant revenue in the short-term rental sector.

Short Term Regulations

Short-Term Rental Regulations in Tarpon Springs, Florida for 2024

State and County Regulations

Licensing and Registration

  • Short-term rental properties must register with a new statewide database administered by the Florida Department of Business and Professional Regulation (DBPR) as per upcoming state legislation.
  • Property owners must obtain a certificate of registration from the Florida Department of Revenue.

Tax Obligations

  • Collect and remit state sales tax, local tourist taxes, and a 1% surtax, bringing the total sales tax rate to 7% in Pinellas County.

Zoning and Occupancy Limits

  • Properties must comply with Pinellas County's zoning regulations and standards, including occupancy limits. Local governments can set occupancy caps of up to two people per bedroom, plus two more in one common area, or based on a minimum of 50 square feet per person.

Safety Standards

  • Short-term rentals must meet minimum safety standards set by the Florida Building Code, including compliance with the Residential Swimming Pool Safety Act and Florida’s Fire Prevention Code.

Local City Regulations

City Permissions

  • Obtain permission from the city of Tarpon Springs, which has its own restrictions to ensure proper management of tourism and permanent residents.

Zoning Clearance

  • Submit a Zoning Clearance application through the Pinellas County Access Portal to ensure the property is located in an area that allows short-term rentals.

Compliance with Local Ordinances

  • Comply with local ordinances regarding noise, parking, and other regulations specific to Tarpon Springs.

Additional Requirements

Short-Term Vacation Rentals Standards Acknowledgement Form

  • Complete and submit the Short-Term Vacation Rentals Standards Acknowledgement Form, acknowledging compliance with county standards for short-term rentals.

Business Taxes and Permits

  • Register and pay local business taxes, and obtain any necessary permits or licenses.

Cleaning and Maintenance Protocols

  • Establish and clearly outline cleaning protocols to ensure guest confidence and compliance with health standards.

Enforcement and Penalties

  • Be aware that Pinellas County strictly enforces short-term rental regulations, with fines starting at $150 for the first offense and escalating for repeat offenses. The county may also impose more serious penalties, including property liens and injunctions.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Tarpon Springs, Florida

While Tarpon Springs itself may not be the primary location for many of these rentals, the surrounding areas and neighboring cities are highly popular due to their appealing amenities and locations. Here are some of the top neighborhoods and areas generating significant Airbnb revenue:

Clearwater Beach

  • Appeal: Clearwater Beach is renowned for its sugar-white sand beaches, clear waters, and vibrant nightlife. Rentals here, such as the "Anchors UP #4" and "2BR Waterfront Townhome," offer direct beach access, waterfront views, and proximity to Pier 60 and the marina.
  • Amenities: Free parking, fully renovated apartments, spacious walk-in showers, and full kitchens make these rentals highly attractive.

Indian Rocks Beach

  • Appeal: This area is favored for its family-friendly environment and luxurious amenities. Rentals like the "Harbourside, 2/2, Waterfront-Newly Remodeled!" and "Direct Ocean View Top Floor Renovated" offer access to water parks, lazy rivers, and beach walks.
  • Amenities: Included water park passes, pools, and hot tubs enhance the appeal for families and those seeking a relaxing getaway.

Gulfport

  • Appeal: Known for its charming small-town feel and waterfront properties, Gulfport attracts guests looking for a more laid-back vacation. Rentals such as the "Spacious Casa Marina in Gulfport" offer expansive views and comfortable living spaces.
  • Amenities: Proximity to downtown Gulfport, included kayaks, and modern amenities make these rentals popular.

Saint Pete Beach

  • Appeal: Saint Pete Beach is a favorite for its expansive Gulf views and fully remodeled properties. Rentals here, like the "Expansive Gulf Views, Fully Remodeled, 2 Bedrooms," provide a luxurious beach experience.
  • Amenities: Modern renovations, full kitchens, and stunning Gulf views are key attractions.

Indian Shores

  • Appeal: Indian Shores offers a mix of beachfront condos and townhomes that are highly rated for their cleanliness and location. Rentals such as the "Beach Front Condo!" are popular for their direct beach access and comfortable living spaces.
  • Amenities: Proximity to the beach, fully equipped kitchens, and modern amenities make these rentals appealing.

These neighborhoods are highly appealing due to their combination of beautiful waterfront locations, modern amenities, and proximity to popular attractions, making them ideal for a wide range of guests, from families to couples and solo travelers.

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Design Tips

Crafting an Inviting Airbnb in Tarpon Springs: Tips for Furnishing and Design

Embrace the Greek Heritage

  • Incorporate traditional Greek elements such as blue and white color schemes, Greek pottery, and classic Greek architectural details to reflect the city's strong Greek roots.
  • Use textiles and patterns inspired by Greek culture, such as geometric designs and Mediterranean fabrics.

Celebrate the Sponge Diving History

  • Decorate with vintage or replica sponge diving equipment and historical photographs of the sponge docks to honor the city's unique history.
  • Choose nautical colors and themes to evoke the feeling of the Gulf of Mexico and the maritime industry.

Highlight Local Art and Culture

  • Display local artwork, including paintings and sculptures, to add a touch of the community's vibrant cultural scene.
  • Incorporate public art pieces or reproductions that reflect the city's historic and cultural significance.

Utilize Victorian and Floridian Architectural Elements

  • Preserve or replicate the Victorian and Floridian architectural styles that are characteristic of Tarpon Springs' historic buildings.
  • Use wooden accents, brick elements, and large windows to maintain the historic charm.

Create a Cozy and Inviting Atmosphere

  • Use warm lighting and comfortable furnishings to create a welcoming ambiance.
  • Incorporate plants and natural elements to bring in the outdoors and reflect the city's parks and bayous.

Incorporate Authentic Greek Cuisine Inspiration

  • Design a kitchen that reflects the local cuisine, with traditional Greek cookware and utensils on display.
  • Provide a cookbook or menu suggestions featuring local Greek restaurants and recipes.

Respect the Small-Town Charm

  • Keep the decor simple yet charming, reflecting the small-town feel of Tarpon Springs.
  • Use local materials and craftsmanship to add authenticity to the space.

Provide Local Insights and Guides

  • Offer guests a guide to the local attractions, including the Sponge Docks, historic downtown, and Greek festivals.
  • Leave recommendations for local eateries, shops, and cultural events to enhance the guest experience.

Maintain a Clean and Modern Touch

  • Balance historic elements with modern amenities to ensure the space is both nostalgic and comfortable.
  • Ensure all furnishings and decor are well-maintained and clean to provide a pleasant stay for guests.
Insider Tips

Discovering Tarpon Springs: Local Attractions and Insider Tips

Local Attractions

Historical and Cultural Sites

  • Tarpon Springs Sponge Docks: Explore the history of the sponge industry, enjoy Greek cuisine, and shop for local goods along Dodecanese Avenue.
  • Safford House Museum: Visit this restored Victorian house, listed on the National Register of Historic Places, to glimpse Florida's Victorian roots.
  • Tarpon Springs Historic District: Wander through this U.S. historic district, which includes 145 historic buildings and offers a glimpse into the area's architectural and historical significance.
  • Tarpon Springs Heritage Museum: Learn about the natural and human history of Tarpon Springs at this museum located in Craig Park.

Museums and Art

  • Leepa-Rattner Museum of Art: Enjoy 20th-century surreal and expressionist art, as well as special exhibits.
  • Tarpon Springs Historical Train Depot Museum: Understand the role of the railroad in the area's growth at this historic train depot.

Natural and Recreational Areas

  • Craig Park: Stroll around Spring Bayou, spot dolphins or manatees, and enjoy the park's amenities like boat launching, tennis courts, and a playground.
  • Sunset Beach: Relax at this less crowded beach, perfect for picnics, swimming, and spectacular sunsets.

Unique Experiences

  • Replay Amusement Museum: Engage in vintage video games and arcade fun.
  • Tarpon Springs Aquarium & Animal Sanctuary: Interact with baby alligators, giant tortoises, and marine life.

Events and Festivals

  • Epiphany Celebration: Witness the traditional diving for the cross ceremony at Spring Bayou on January 6th.
  • Wine Walk: Participate in the annual Wine Walk event, which features local businesses offering wine, moonshine, and cuisine.

Insider Tips

Dining and Shopping

  • Greek Cuisine: Enjoy authentic Greek food and pastries at the numerous restaurants along the Sponge Docks.
  • Local Shops: Visit shops like The Sponge Factory, Spongeorama Sponge Factory, and Antonia’s Boutique and Gifts for unique souvenirs and handmade items.

Tours and Cruises

  • Sponge Diving Tours: Take a cruise to watch sponge divers in action and explore the Anclote River and surrounding areas.
  • Island Adventure Dolphin Cruise: Go on a dolphin-watching cruise or deep-sea fishing tour for a memorable experience.

Hidden Gems

  • St. Nicholas Greek Orthodox Cathedral: Visit this cathedral to see its stunning stained glass windows and frescoed ceiling. Be sure to enter quietly.
  • Anclote Key Lighthouse: Explore this historic lighthouse, refurbished in 2003, which can be seen on a Spongeorama Cruise Lines tour.

Local Events

  • Monthly Concerts at Sunset Beach: Attend free monthly concerts, typically scheduled around the full moon, at Sunset Beach Park.
  • Local Festivals and Events: Check the local event calendar to catch festivals and events that showcase the community's vibrant culture.
Practical Tips

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

To ensure the success of a short-term rental business in Tarpon Springs, Florida, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.

Noise Regulations and Quiet Hours

Informing guests about noise regulations and quiet hours is crucial. Include clear guidelines in your digital and physical house manual, specifying the quiet hours and any noise restrictions to avoid disturbances to neighbors and ensure a peaceful stay.

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 effortlessly and reduces the likelihood of misunderstandings.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique access code and detailed instructions on how to enter the property. Additionally, include parking instructions accompanied by photos to help guests find and use the designated parking areas efficiently.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental property in Tarpon Springs.

Local Vendors

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

House Cleaning Services in Tarpon Springs, FL

1. My Cleaning Angel

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

2. Maid Impressions Cleaning Services

  • Provides professional home cleaning services.
  • Contact them for more information and to schedule a cleaning.

3. MaidPro

  • Customizes services to meet client needs and budget.
  • Uses a 49-Point Checklist™ to guarantee quality.

4. Care.com House Cleaning Services

  • Lists multiple affordable house cleaning options starting at $17.00/hr.
  • Allows searching by rates, reviews, experience, and more.

5. Angie's List House Cleaners

  • Compiles a list of the top 10 best house cleaners in Tarpon Springs.
  • Provides average cost information and reviews.
Management fees

Tarpon Springs, Florida: Understanding Short-Term Rental Management Fees

In Tarpon Springs, 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 companies, which handle comprehensive tasks such as guest communication, marketing, and maintenance, usually charge fees on the higher end of this spectrum, often starting at around 15% to 25% of the rental income.

In contrast, basic or half-service management may incur lower fees, such as those starting at 10%, but these services often leave more responsibilities, like cleaning and property maintenance, to the property owner.

Additionally, property owners may need to account for extra fees related to cleaning services, repairs, and design or furnishing, which can be billed separately or included in the overall management fee structure. Understanding these fee structures is crucial for property owners to ensure they are getting the best value for their investment while complying with local regulations.

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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 Tarpon Springs 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
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50+ Top Booking Channels
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Furnishing checklist

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

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.
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⇤ Airbnb Statistics for Florida