Explore available listings and evaluate market performance.
Daytona Beach, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,611
Monthly Cash Flow
$1
Principal + Equity
$1,734
Annual Total Gain
$20,816
Cash on Cash
0.01%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$208
Occupancy Rate
56.67%
Monthly Revenue
$2,478
Monthly Cash Flow
$496
Principal + Equity
$1,734
Annual Total Gain
$26,763
Cash on Cash %
9.71%
Net ROI %
Market Health & Growth
Median Income
$50,130
Population
75,924
LTR Renter %
53.64%
Forecast (1 yr)
0.13%
Appreciation (1 yr)
-9%
Appreciation (5 yr)
35.18%
Appreciation (10 yr)
107.22%
Job Growth
1.69%
LTR Rentability
High
STR Demand
60
STR Rentals
4,096
Top Public Schools
A-Spruce Creek High School
BSweetwater Elementary School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Best Places to Retire in Florida
#324out of 660 markets
Most Diverse Places to Live in Florida
#158out of 1195 markets
Best Places for Young Professionals in Florida
#434out of 1195 markets
C
Public School
D
Crime And Safety
C-
Housing
A-
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Daytona Beach, FL.
In Daytona Beach, FL, Short Term Rental (STR) regulations are governed by the city's zoning ordinances and codes. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning Restrictions: Daytona Beach has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are interested in purchasing is located in a zone that permits short term rentals.
2. Licensing and Permits: Property owners must obtain the necessary licenses and permits to operate a short term rental in Daytona Beach. This may include a business tax receipt, a short term rental license, and possibly a vacation rental certificate.
3. Occupancy Limits: There are occupancy limits for short term rentals in Daytona Beach, which vary depending on the size of the property. Investors should be aware of these limits and ensure they comply with them.
4. Noise and Nuisance Regulations: Daytona Beach has noise and nuisance regulations that property owners must adhere to. This includes restrictions on noise levels, parking, and trash disposal. Investors should be aware of these regulations and ensure their guests comply with them.
5. Safety and Building Codes: Property owners must ensure that their short term rental property meets all safety and building codes in Daytona Beach. This may include having working smoke detectors, fire extinguishers, and proper exits.
6. Taxation: Short term rental properties in Daytona Beach are subject to certain taxes, including sales tax and tourist development tax. Investors should be aware of these tax obligations and ensure they are properly collected and remitted.
Overall, investors looking to purchase a property for short term rental purposes in Daytona Beach should thoroughly research and understand the local regulations and requirements. Failure to comply with these regulations can result in fines, penalties, and even the revocation of the property's rental license.
Market Trends Over Time
Explore 25 years of market data for Daytona Beach, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Daytona Beach, FL.
The LTR Genie Score of Daytona Beach, FL is 77 and the STR Genie Score is 70, indicating a high level of rentability for both long-term and short-term rental properties in this market. The LTR Rent Growth Rate of 0.0629% and the STR Net ROI of 43.62% contribute to the high Genie Scores. The 1-Year Price Appreciation Forecast of 0.13% suggests a stable market with potential for growth.
Comparing the LTR and STR Genie Scores, the LTR score is slightly higher, indicating that long-term rental investment may be slightly more favorable in Daytona Beach. However, with a strong STR Net ROI of 43.62%, short-term rental investment could also be a lucrative option in this market.
Daytona Beach, FL is a popular tourist destination known for its beautiful beaches and NASCAR events. The city attracts visitors year-round, making it a promising location for both long-term and short-term rental investments. With a high LTR Genie Score and STR Genie Score, real estate investors may find success in either rental strategy in this market. Consider diversifying your portfolio with both long-term and short-term rental properties in Daytona Beach, FL.
LTR Genie Score 93
$83,500
0🛁 1.0000 Baths🏙 257 sqft.🏠 CONDO
1233 S Atlantic Ave #3140, Daytona Beach, FL 32118