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Vacation Homes for Sale in Florida
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Vacation Homes for Sale in Florida: The Best Real Estate Investments

The Florida real estate market is looking sunny side up folks! And we mean this in the literal and figurative sense. 

If you are looking for the best real estate investments in the country, Florida should be at the top of your list. To be more specific, owning an Airbnb investment or a vacation home in Florida is a very sound investment decision and one with high rewards for many years to come.

The economy is booming, the housing prices are expected to increase by the end of the year, people are buying and homes are selling faster than ever. This combination makes vacation homes for sale in Florida a very lucrative business opportunity to capitalize on this year. For this blog post, we used Mashvisor data to deduce the best places for vacation homes for sale in Florida.

4 Reasons for Buying Vacation Homes This Year

Here are four reasons why you consider buying a vacation home this year:

1. The Airbnb Business Is on a Steep Curve

The short term rental market is growing and does not seem to be slowing down anytime soon. Keep in mind, the location also dictates which real estate strategy (traditional rentals vs Airbnb rentals) you should capitalize on. For Florida, an Airbnb business is definitely the winner! Choose to invest in vacation homes for sale in Florida to reap financial wins for this year and many years to come.

2. The Dynamic Pricing Model Reaps High ROIs

An Airbnb business model allows real estate investors to have a dynamic pricing strategy to maximize their rental income. Depending on the season, period, and location, Airbnb hosts have the full autonomy to set their own pricing/rental income to reap the highest financial rewards.

A good location gives you leverage in terms of setting your own rental income rate and gaining a competitive advantage over the other Airbnb listings.

3. The Tax Perks

Real estate affords investors and landlords great tax advantages for owning rental properties. A great incentive for everyone to consider real estate investment this year and buying vacation homes for sale in Florida is a great start with guaranteed ROI.

4. It Becomes Your Vacation Home

If you are not renting your vacation home, it can still be used nevertheless. A vacation home is a double-edged sword; you can earn rental income or use it for your own family vacation. It earns you money and saves you money for your next vacation trip with your family. Everybody wins!

The Best Metrics for Evaluating Real Estate Investments

You can find the best real estate investments with Mashvisor’s Rental Property Calculator! Mashvisor’s rental property calculator uses traditional and predictive analytics to provide real-time estimates of the overall ROI for both Airbnb and traditional real estate

To cut your time in half, use a rental property calculator to estimate overall ROI on prospective real estate investments. In just a matter of seconds, you will be able to calculate the following key real estate metrics:

1. Capitalization Rate aka Cap Rate should be above 5%, but the cap rate is a relative measure. Learn more here.

2. Cash on Cash Return is an important indicator if you are looking to invest in a positive cash flow property.

3. Rental Income must exceed your total monthly expenses, taking into account your mortgage payments.

4. Rental Expenses must decrease over time and not the other way around.

5. Average Occupancy Rates for both Airbnb rentals and traditional real estate.

The Best Places for Vacation Homes for Sale in Florida

Below, we listed the top places to find vacation homes for sale in Florida:

Lake Worth

  • Median Property Price: $83,000
  • Airbnb Rental Income: $1,560
  • Airbnb Cap Rate: 10.6%
  • Airbnb Cash on Cash Return: 10.6%
  • Airbnb Occupancy Rate: 51.6%
  • Traditional Rental Income: $950
  • Traditional Cap Rate: 2.3%
  • Traditional Cash on Cash Return: 2.3%

Briny Breezes

  • Median Property Price: $152,000
  • Airbnb Rental Income: $1,880
  • Airbnb Cap Rate: 8.2%
  • Airbnb Cash on Cash Return: 8.2%
  • Airbnb Occupancy Rate: 37.5%
  • Traditional Rental Income: $1,300
  • Traditional Cap Rate: 3.9%
  • Traditional Cash on Cash Return: 3.9%

Weeki Wachee

  • Median Property Price: $250,000
  • Airbnb Rental Income: $2,760
  • Airbnb Cap Rate: 8.1%
  • Airbnb Cash on Cash Return: 8.1%
  • Airbnb Occupancy Rate: 59.5%
  • Traditional Rental Income: $1,410
  • Traditional Cap Rate: 3.1%
  • Traditional Cash on Cash Return: 3.1%

Port Richey

  • Median Property Price: $130,000
  • Airbnb Rental Income: $1,720
  • Airbnb Cap Rate: 7.9%
  • Airbnb Cash on Cash Return: 7.9%
  • Airbnb Occupancy Rate: 54.3%
  • Traditional Rental Income: $840
  • Traditional Cap Rate: 2.2%
  • Traditional Cash on Cash Return: 2.2%

Holiday

  • Median Property Price: $132,000
  • Airbnb Rental Income: $1,610
  • Airbnb Cap Rate: 7.9%
  • Airbnb Cash on Cash Return: 7.9%
  • Airbnb Occupancy Rate: 42.7%
  • Traditional Rental Income: $940
  • Traditional Cap Rate: 2.8%
  • Traditional Cash on Cash Return: 2.8%

Brandon

  • Median Property Price: $230,000
  • Airbnb Rental Income: $2,840
  • Airbnb Cap Rate: 7.5%
  • Airbnb Cash on Cash Return: 7.5%
  • Airbnb Occupancy Rate: 60.7%
  • Traditional Rental Income: $1,410
  • Traditional Cap Rate: 2.4%
  • Traditional Cash on Cash Return: 2.4%

Kissimmee

  • Median Property Price: $240,000
  • Airbnb Rental Income: $2,850
  • Airbnb Cap Rate: 7.4%
  • Airbnb Cash on Cash Return: 7.4%
  • Airbnb Occupancy Rate: 70.8%
  • Traditional Rental Income: $1,380
  • Traditional Cap Rate: 1.4%
  • Traditional Cash on Cash Return: 1.4%

St. Augustine

  • Median Property Price: $420,000
  • Airbnb Rental Income: $3,300
  • Airbnb Cap Rate: 7.3%
  • Airbnb Cash on Cash Return: 7.3%
  • Airbnb Occupancy Rate: 59.5%
  • Traditional Rental Income: $1,550
  • Traditional Cap Rate: 1.9%
  • Traditional Cash on Cash Return: 1.9%

Panama City

  • Median Property Price: $225,000
  • Airbnb Rental Income: $2,290
  • Airbnb Cap Rate: 7.2%
  • Airbnb Cash on Cash Return: 7.2%
  • Airbnb Occupancy Rate: 45.8%
  • Traditional Rental Income: $1,020
  • Traditional Cap Rate: 1.8%
  • Traditional Cash on Cash Return: 1.8%

Conclusion

The best real estate investments include vacation homes for sale in Florida. If you need more convincing, check out our daily blog or our real estate analytical tools to drive the message home. But keep in mind, successful real estate investing begins with having a business plan and includes great planning. Good luck! 

Do you have a free Mashvisor account? Click here to use our Property Finder and find properties in a matter of minutes!

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Victoria Daibes

Victoria is an experienced content writer who enjoys writing about all aspects of the real estate market and industry.

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