Can I AirBnB My Destin Florida Home?
Searching for an income producing property near Destin Florida? Prefer to handle some of the property management and marketing yourself? For many home owners AirBnB is a popular platform. When searching for properties along the Emerald Coast, buyers need to make sure AirBnB and other short term rentals are allowed.
As of this Writing, (July 2024) Destin Florida does not allow AirBnb within the city limits. The good news is several area communities do. Even with those, care must be taken to confirm with the home owner's Association (HOA) that the subdivision doesn't have their own layer of restrictions. In short, potential buyers need to do their due diligence. The only constant with city/subdivision rules is that they are subject to change.
Questions to ask if you are considering a Destin Florida Investment Home
1) What is my target audience-- Are you wanting to capture a portion of the vacation travelers? Perhaps you prefer the military or medical travel professionals. This answer will help narrow your geographic range.
2) What Is my purchase budget--Make sure the purchase price makes sense in terms of predicted revenue generation.
3) Do I prefer a fixer or something more turn key-- There are bargains to be had, but at what cost? And how long might it take (lost rental income) to get the home ready for market?
4) Do I have the time to self manage-- People renting expect a QUICK response if something goes south. Imagine the air going out all of the sudden. The guest would need to contact you. Then a HVAC professional would need to be scheduled, After diagnosis, said professional would need permission from the owners for the repair. Then payment (and possible credit to the guest for no AC). All of this takes time.
5) Do I have a reserve fund for repairs--If not, my advice is to delay a purchase until you have a repair fund in place.
Things Guests Seek In a Short Term Destin Florida Vacation Rentals
Ready to purchase your first Destin Florida rental property? Or perhaps it's time to cash in the equity on your Emerald Coast property. Either way, call Doug Rogers (318) 613-1994 today! Prefer to start the process online? Go To Destin Homes For Sale to explore all the property listed on the local MLS.
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