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Annual Airbnb Revenue in Ocean ridge florida, USA

Last updated on May 9th, 2024

Ocean Ridge, Florida| Airbnb Market Data & Overview | USA

Ocean Ridge, Florida
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Ocean Ridge, Florida, USA?

What is the occupancy rate of Airbnb in Ocean Ridge, Florida, USA?

What is the average daily rate of Airbnb in Ocean Ridge, Florida, USA?

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Ocean Ridge, Florida, USA Airbnb Data

Last updated on: 5th May, 2024

USA / Ocean Ridge, Florida
Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Ocean Ridge, Florida is good for Airbnb.
Occupancy Rate

71%

$550

Daily Rate

$130K+

Revenue (2023)

10.5%

Net Yield

8

Number of Listings

Is Airbnb Profitable in Ocean Ridge, Florida ?

Yes, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 10.5%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Ocean Ridge, Florida is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of $140. In Ocean Ridge, Florida, A typical host income (annual revenue) was $33,952 in 2023.

Best Areas in Ocean Ridge for Airbnb

Are you wondering where to invest in Ocean Ridge? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Ocean Ridge Beach
  2. Palm Beach Par 3 Golf Course
  3. Boynton Beach Inlet
  4. Gumbo Limbo Nature Center
  5. Morikami Museum and Japanese Gardens
  6. Delray Beach
  7. Wakodahatchee Wetlands
  8. Mizner Park
  9. Lion Country Safari
  10. Butterfly World
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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