Before investing in a property in Florida, it’s important to analyze your options and gauge your profitability based on Airbnb’s key metrics. In this article, we’ll feature the top 10 best areas for Airbnb in Florida along with their respective occupancy rates, monthly & yearly revenue, average daily rates (ADRs), and so much more!

Best Places to Airbnb in Florida: Airbnb’s Trending Cities 

Based on a recently released article about Airbnb’s top cities this summer of 2023, guests have continued to search for domestic summer destinations in the USA.. This simply means that vacationers are super ready to spend money and have fun under the sun! The travel demand has continuously recovered in comparison to pre-pandemic data. 

Here’s an interesting fact about the domestic: In the top Airbnb cities in America: 6 out of 10 cities are located in Florida!

Is Airbnb Profitable in Florida? 

Based on our recent Airbnb statistics in Florida, particularly in the East Coast area, an​​ average 1 BD / BA condo has a steady 52% occupancy rate and can generate $2,950 monthly! Short-term rentals in Florida can definitely be a source of passive income due to the high number of tourists visiting annually.

To cut the story short, Airbnb is definitely profitable in Florida! For instance, based on an Airbnb income calculator, you can earn a whopping $108,888 annually in Cape San Blas alone! Known as America’s best state park, this city attracts high tourism as it boasts 1,900 acres of preserved wilderness.

Not yet convinced? Feel free to listen to our complete walk-through on how to start your rental arbitrage journey in Florida.

Rental Arbitrage in Florida

If you want to start an Airbnb investment in Florida but can’t purchase your own property yet, don’t worry. You can still earn a passive income via Rental Arbitrage!

This is the practice of renting out properties for the sole purpose of sub-letting them on platforms such as Airbnb or HomeAway.

It may be a challenge to find landlords for Airbnb rental arbitrage since there are certain restrictions in other areas and other landlords simply do not allow it due to insurance policies. In addition to this, you also have to consider major factors in starting a rental arbitrage business in your preferred city. This includes rules & regulations, where to find the most profitable area, & how to find rental arbitrage properties.

Is Rental Arbitrage Legal in Florida?

Rental Arbitrage in Florida is certainly legal and there are ways to predict your listing’s profitability. For instance, a short-term rental analytics tool can assure your nightly revenue of $125 for a studio-type apartment in Miami with a steady occupancy rate of 51%. These Airbnb key metrics should be strictly monitored as your business’ profitability depends on them!