Lisa Yanowitz: C: (305) 986-1018  |  O: (305) 945-4100   Email
Facebook
twitter
linkedin
instagram
pinterest

Miami real estate news

Airbnb: Florida Has 7 of Top 10 Short-Term-Rental Cities

Miami Beach leads the U.S. short-term rental list followed by Kissimmee. Four of the top 10 cities are in South Florida and three are in Central Florida.

MIAMI BEACH – Airbnb has seen explosive growth in the last few years, even as some cities fight to manage short-term rentals, fearful that they’re taking over their communities. But some homeowners and investors are cashing in.

Florida is Airbnb’s hot spot, finds a new study released from IPX 1031, a 1031 exchange resource. The Sunshine State is home to seven cities of the list’s top 10 cities based on the most rentals through Airbnb per every 50,000 residents.

Miami Beach tops the list with more than 3,400 Airbnb listings per 50,000 people. Kissimmee, Fla. – near Walt Disney World Resort and Universal Studios – came in at number two. Only one Florida city in the top 30 fell outside the highest 10 spots: Fort Myers at No. 29 with 507 Airbnbs per every 50,000 residents. While Jacksonville fell outside the top rankings, it came in at No. 3 for the greatest growth (up 54%) in Airbnb rentals since 2017.

Top 10 U.S. Airbnb listings per 50,000 residents

  • Miami Beach: 3,416
  • Kissimmee: 2,880
  • Bend, Oregon: 1,659
  • Daytona Beach: 1,108
  • Asheville, North Carolina: 1,042
  • Miami: 1,034
  • Atlanta: 1,017
  • Fort Lauderdale: 1,016
  • Orlando: 988
  • Hollywood, Fla.: 984
  • Airbnb has bloomed into a multibillion-dollar company since launching in 2008. The company allows investment property owners to rent out their homes, apartments and condos. To find those with the most Airbnb properties per capita, IPX 1031 analyzed 350 cities data via a short-term rental analytics database called AirDNA.

    Charlotte, N.C., has seen the most growth in the number of rental listings through Airbnb since 2017 – a 54.7% jump in Airbnb listings since 2017. Following close behind is Fresno, Calif., with a 54.4% increase, and Jacksonville, Fla., with a 54% uptick.

    On the other hand, cities like Chicago, Austin, Boston and Los Angeles have seen the most limited growth in short-term rentals. Washington, D.C., has seen a decrease.

    “Some of these cities have been dealing with tighter regulations and restrictions on Airbnbs, which may be the reason for these stagnant numbers,” the IPX 1031 Insight Blog notes.

    Source: “2019 State of Down Payment Assistance Report,” Chenoa Fund (October 2019)

    © Copyright 2019 INFORMATION INC., Bethesda, MD (301) 215-4688

    The Hospitality Life
    What is My Home Worth?
    Resource Center
    Client Testimonials
    Tuesday, January 21, 2020

    Tips for Designing a Great Hom...
    LightingNatural lighting is preferable in most cases, making a ...

    6 Best Reasons to Invest in Pr...
    In regards to condo occupancy rates, there are nearly 2 million people in Canada who made a ...

    Copyright ©2020 - Realty Times®
    All Rights Reserved.

    Remote Notary Now Legal in Fla. – But Maybe Not for You
    While remote notarizations became legal Jan. 1, existing notaries must register with the...

    C L O S E D
    C L O S E D This charmingly remodeled North Miami condo was just sold from one investor...

    Where to Wednesday - FAT village
    F A T village Fort Lauderdale🌴 #WhereToWednesdays “…FATVillage is burgeoning...

    R E N T E D 🏖 Sunny Isles living at its finest!
    R E N T E D 🏖 Sunny Isles living at its finest! . Closed out on this modern tri-level...

    A quick guide to home loans on investment properties
    A quick guide to home loans on investment properties January 2, 2020 While primary...

    Did you know that we also do Commercial Real Estate?
    Did you know that we also do Commercial Real Estate? Today’s Property Highlight: Greynolds...

    Coconut G R O V E  #WhereToWednesdays
    Coconut G R O V E  #WhereToWednesdays Miami’s original neighborhood was...

    New Year’s Resolutions That Will Help You Buy A Home in 2020
    If 2020 is the year for you to buy a home, consider making these 5 New Year’s resolutions...

    under C O N T R A C T
    under C O N T R A C T  Atlantic at the Point 3 Bed | 3.5 Bath | 2,657 SF From...

    Another Leisure Beach Condo C L O S E D
    C L O S E D  Leisure Beach Condominium 1 Bed | 1 Bath | 647 SF $200,000 Another...

    Client Login
    Recieve Email Alerts