Airbnb & VRBO Performance in Vero Beach Florida.

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Vero Beach, Florida: Airbnb & VRBO Vacation Rental Market Overview

Vero Beach, Florida, is experiencing robust short-term rental performance, with an average 54% occupancy rate, a $269 daily rate, and $20,942 in monthly revenue, making it an attractive and profitable market for investors and hosts.

Market overview

Thriving Short-Term Rental Market in Vero Beach, Florida

Vero Beach, Florida, is experiencing a robust and vibrant short-term rental market, making it an attractive destination for both investors and vacationers. As of the latest data, short-term rentals in Vero Beach boast an impressive 54% occupancy rate, indicating a high demand for these properties. The average daily rate for these rentals stands at $269, contributing to a substantial monthly revenue of $20,942. This strong performance is further highlighted by the growth in active listings, with an 8% increase over the past year. The combination of high occupancy rates, lucrative daily rates, and increasing rental listings underscores Vero Beach's status as a prime location for short-term rental investments and a popular choice for travelers seeking a charming and scenic getaway.

Short Term Regulations

Short-Term Rental Regulations in Vero Beach, Florida for 2024

Overview

Vero Beach has specific regulations and concerns regarding short-term rentals, which are reflected in local ordinances and resolutions.

Key Regulations

Prohibition in Certain Areas

  • Short-term rentals are banned in unincorporated areas of Vero Beach and in several residential zones within the city.

Opposition to State Preemption

  • The City Council of Vero Beach opposes state legislation that would preempt or limit local government's authority to regulate short-term rentals, emphasizing the need for strong local control.

Zoning and Residential Character

  • Commercial activity in single-family neighborhoods is regulated to protect residents and maintain the residential character of the area. Unregulated short-term rentals are seen as disruptive to this character and a drain on law enforcement resources.

Affordable Housing Impact

  • Unregulated short-term rentals are viewed as contributing to the affordable housing crisis by turning homes into mini-hotels, reducing the availability of long-term rentals.

Local Ordinances

  • Vero Beach maintains its own local vacation rental ordinances, which were in place before 2016, thanks to a "grandfather" clause in proposed state legislation.

Enforcement and Violations

  • While specific enforcement mechanisms are not detailed in the current sources, the city likely follows similar state guidelines, such as suspending vacation rental registrations for repeated violations of local ordinances.

Public Safety and Infrastructure

  • The city regulates short-term rentals to ensure public safety and the right infrastructure, addressing issues such as parking, noise, and unruly behavior.

Conclusion

Vero Beach continues to enforce strict regulations on short-term rentals to protect the residential character of its neighborhoods and address concerns related to public safety, affordable housing, and local control.

Neighborhood Performance

Top Neighborhoods Generating Airbnb Revenue in Vero Beach, Florida

1. Downtown Vero Beach

  • Appeal: Central location, proximity to the beach, shopping, and the downtown art district. Guests can easily access restaurants, shops, and cultural attractions like the Vero Beach Museum of Art and Riverside Theatre.
  • Popular Listings: Homes and guesthouses like "Rock Ridge I" and "The Pink Palms" are highly rated for their modern amenities and central location.

2. Beachside Neighborhoods (e.g., South Beach)

  • Appeal: Direct access to beaches, walking distance to South Beach Park, and proximity to restaurants and shops. The area offers a charming seaside experience.
  • Popular Listings: Properties like the "Coral Cottage" and beachfront homes with heated pools and private outdoor spaces are favorites among guests.

3. Dodgertown

  • Appeal: Centrally located, close to world-class beaches, and offering amenities like heated saltwater pools and putt-putt golf. The area is known for its family-friendly environment and easy access to attractions.
  • Popular Listings: Homes such as "Dodgertown Getaway" and "The Pink Palms" are highly rated for their amenities and location.

4. Manatee Cove

  • Appeal: Waterfront properties with direct access to the ocean, boat docks, and fishing opportunities. The area is ideal for those who enjoy water activities and want a peaceful, private setting.
  • Popular Listings: Homes like the "House at Manatee Cove" offer a unique waterfront experience with pools and RV parking.

5. West Vero Beach

  • Appeal: Kid-friendly neighborhoods, close proximity to shopping, and easy access to airboat tours and freshwater fishing. The area is also just a short drive from the beach.
  • Popular Listings: Homes such as the "2/1 Private house Vero Beach Getaway" are favored for their family-friendly environment and convenient location.

These neighborhoods are appealing due to their combination of central locations, access to beaches and water activities, modern amenities, and family-friendly environments, making them highly sought after by Airbnb guests.

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Design Tips

Crafting an Inviting Airbnb in Vero Beach: Design and Furnishing Tips

To create an Airbnb in Vero Beach that reflects the city's unique style and appeals to guests, consider the following tips:

Interior Design and Aesthetics

  • Coastal Chic Vibes: Use soothing hues like seafoam green, sandy beige, or tranquil blue to evoke the serenity of Vero Beach’s shoreline. Incorporate nautical touches such as rope accents and driftwood décor for an authentic coastal feel.
  • Tropical Paradise Retreat: Infuse your space with vibrant colors and lush greenery. Paint accent walls in bold shades reminiscent of tropical fruits and incorporate botanical prints, bamboo accents, and tropical plants.
  • Sunshine State Elegance: Opt for a neutral color palette of warm whites, soft grays, and subtle beiges. Enhance the space with gold or brass accents, plush furnishings, and statement lighting fixtures for a luxurious yet inviting ambiance.

Furniture and Layout

  • Comfortable and Functional: Choose high-quality, comfortable furniture that caters to both families and groups. Consider durable, low-maintenance pieces that reflect a coastal and relaxed vibe.
  • Modern and Minimalist: Incorporate modern and minimalist styles, which are trending and appeal to younger renters. Use light-colored furnishings, natural wood accents, and tropical-inspired designs.

Amenities and Features

  • Essential Amenities: Ensure your property includes essential amenities such as air conditioning, wireless internet, parking, fully equipped kitchens, and washer/dryer facilities. These are highly sought after by guests in Vero Beach.
  • Outdoor Spaces: Create inviting outdoor spaces with pools, patios, or balconies. These features are especially desirable in a beach destination and can include seating areas, dining spots, and lounging areas.
  • Unique Features: Properties with distinctive features like ocean views, unique architectural elements, or private courtyards can differentiate your listing and attract higher rental rates.

Guest Experience

  • Guest Care and Services: Ensure that your guests are well taken care of. Provide amenities like keyless entry systems, beach chairs, and other guest-friendly services to enhance their experience.
  • Professional Photography: Use professional photography to capture the unique charm and features of your property, creating captivating visuals for your listings.

Neighborhood and Location

  • Proximity to Beaches and Attractions: Properties close to the beach and popular attractions like the Vero Beach Museum of Art, Riverside Theatre, or McKee Botanical Garden are highly sought after by tourists.
  • Access to Amenities: Ensure the property is accessible to local amenities such as restaurants, shopping centers, and public transportation. This enhances the property’s attractiveness to renters.

Maintenance and Upkeep

  • Well-Maintained Property: Invest in properties that are modern and require less upkeep. Regular maintenance is crucial to maintaining high cleanliness standards and guest satisfaction.

By incorporating these tips, you can create an inviting Airbnb in Vero Beach that reflects the city's unique style and meets the high standards of its discerning guests.

Insider Tips

Discover Vero Beach: Local Attractions and Insider Tips for Your Guests

Beaches and Parks

  • Jaycee Park: One of the major public beach parks with lifeguards, offering a large area adjacent to the ocean.
  • Round Island Beach Park: Features well-maintained beach trails, boardwalks, and a watchtower for scenic views. It's a great spot to watch manatees.
  • South Beach Park: Known for its pristine beaches and family-friendly atmosphere.
  • Wabasso Beach Park: Another popular beach with calm waters and scenic views.

Cultural and Artistic Attractions

  • Vero Beach Art Museum: The largest cultural arts facility on Florida's Treasure Coast, with five art galleries, two sculpture parks, and various educational facilities.
  • Ballet Vero Beach: The region's only professional dance company, offering performances and classes.
  • Riverside Theatre: A cultural hub for live performances, comedy shows, and theater productions. It's located across from the Riverside Cafe.

Outdoor and Nature Activities

  • Pelican Island National Wildlife Refuge: The first National wildlife refuge in the United States, protecting egrets and other birds. It offers protected waters and lands to explore.
  • Environmental Learning Center: Located in the heart of the Indian River Lagoon, offering mangrove trails, pontoon tours, and guided kayak adventures.
  • Sebastian Inlet State Park: Known for its untouched beaches, sea turtle nests, and fishing spots. It also has calmer waters on the Indian River Lagoon for kayaking.

Sports and Recreation

  • Jackie Robinson Training Complex: A state-of-the-art baseball and softball training facility, formerly the spring training home of the Brooklyn/Los Angeles Dodgers.
  • Sandridge Golf Club: Features two 18-hole championship golf courses designed by Ron Garl.
  • Vero Beach Country Club: A golf course set among majestic oak trees, lakes, and hazards, suitable for all levels of playing ability.
  • Big Shots: A two-story recreation and entertainment destination with a full-service restaurant, sports bars, event space, and a climate-controlled driving range.

Dining and Nightlife

  • Ocean Grill: A seafood and steakhouse located on the beach, known for its consistent food and scenic views.
  • Blue Agave: A lively Mexican restaurant in downtown Vero Beach with a full bar and house-infused tequila cocktails.
  • Waldo's: A Vero Beach institution known for its laid-back atmosphere and live music.

Insider Tips

  • Explore Ocean Drive: Lined with boutique shops, cozy cafes, and stunning views of the Atlantic Ocean. It's a great place to spend a day shopping and dining.
  • Historic Downtown Vero Beach: Offers a unique shopping and dining experience with locally owned restaurants, salons, and art boutiques.
  • Riverside Park: A lush oasis along the Indian River Lagoon, perfect for picnics, sports, and enjoying scenic beauty.
  • Sea Turtle Tours: Available during the sea turtle nesting season (March 1st to October 31st), offering a unique opportunity to watch sea turtles nest and hatch.

By sharing these attractions and tips, you can help your guests make the most of their visit to Vero Beach and enjoy all that this charming coastal town has to offer.

Practical Tips

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

To ensure a smooth and profitable short-term rental business in Vero Beach, Florida, several practical tips can make a significant difference. First, it is crucial to adhere to and inform guests about local noise regulations, including quiet hours, to avoid any potential issues with neighbors and local authorities. Creating a comprehensive digital and physical house manual is also essential; this should include detailed instructions, Wi-Fi passwords, and other pertinent information to help guests navigate the property effortlessly.

A simplified check-in process can enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges and provides guests with immediate access upon arrival. Additionally, providing clear parking instructions accompanied by photos can help avoid confusion and ensure that guests park in the designated areas, complying with local regulations and respecting the property's surroundings.

By implementing these strategies, you can foster positive guest experiences, reduce potential issues, and maintain a high level of customer satisfaction, ultimately contributing to the success of your short-term rental business in Vero Beach.

Local Vendors

Here is a brief list of house cleaning services in Vero Beach, Florida:

House Cleaning Services in Vero Beach, FL

Merry Maids

  • Provides premium, professional home cleaning services, including weekly housekeeping and seasonal deep cleans.

Vero Beach Cleaning

  • Offers residential and commercial cleaning services for Vero Beach and Indian River County.

Crystal Clean

  • Provides residential and commercial cleaning services, focusing on quality customer service and voted Best Vero Beach Cleaning.

Various Providers Listed on Thumbtack and Care.com

  • Includes multiple house cleaning services rated by the Vero Beach community, with options starting at $18.57/hr.

Note: The list does not include repair or maintenance providers, as the sources primarily focus on cleaning services.

Management fees

Vero Beach, Florida: Understanding Short-Term Rental Management Fees

In Vero Beach, Florida, short-term rental management fees typically range from 10% to 30% of the rental revenue, varying based on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, strategic marketing, and property maintenance, tends to be on the higher end of this spectrum, often ranging from 15% to 30%.

Basic service packages, which may include fewer amenities, can start as low as 10% of the rental income. Additionally, property owners may incur extra fees for specific services like cleaning, repairs, or interior design. Companies like MasterHost and HeartHomes offer tiered service plans, allowing property owners to choose the level of management that best fits their needs and budget, ensuring a balance between cost and the quality of service received.

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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 Vero Beach should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
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1,000,000,00 Nights Booked
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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 Vero Beach.

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)
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⇤ Airbnb Statistics for Florida