Explore available listings and evaluate market performance.
Edgewater, 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
$2,149
Monthly Cash Flow
$320
Principal + Equity
$2,243
Annual Total Gain
$30,752
Cash on Cash
5.24%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$181
Occupancy Rate
61.29%
Monthly Revenue
$2,264
Monthly Cash Flow
$96
Principal + Equity
$2,243
Annual Total Gain
$28,062
Cash on Cash %
1.57%
Net ROI %
Market Health & Growth
Median Income
$58,805
Population
23,314
LTR Renter %
10.45%
Forecast (1 yr)
0.45%
Appreciation (1 yr)
-4.34%
Appreciation (5 yr)
44.08%
Appreciation (10 yr)
121.02%
Job Growth
-1.06%
LTR Rentability
Moderate
STR Demand
34
STR Rentals
474
Top Public Schools
BSouth Lake Elementary
BChisholm Elementary School
B
B
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Places to Retire in Florida
#218out of 660 markets
Places with the Best Public Schools in Florida
#435out of 660 markets
Places with the Lowest Cost of Living in Florida
#403out of 1193 markets
B-
Public School
C
Crime And Safety
C
Housing
C
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 Edgewater, FL.
In Edgewater, FL, short term rentals are regulated by the city's Code of Ordinances. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning Restrictions: Edgewater has specific zoning regulations that dictate where short term rentals are allowed within the city. 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: Short term rental operators in Edgewater are required to obtain a business tax receipt and a short term rental permit from the city. These permits may have specific requirements such as safety inspections, occupancy limits, and noise regulations.
3. Occupancy Limits: Edgewater may have occupancy limits for short term rentals, which dictate the maximum number of guests allowed to stay in the property at any given time. Investors should be aware of these limits and ensure they comply with them.
4. Noise Regulations: Edgewater may have noise regulations in place that restrict loud noises during certain hours of the day. Investors should be mindful of these regulations and communicate them to their guests to avoid any potential violations.
5. Taxes: Short term rental operators in Edgewater are required to collect and remit tourist development taxes and sales taxes on rental income. Investors should be aware of these tax obligations and ensure they are in compliance with state and local tax laws.
Overall, investors looking to purchase a property for short term rental purposes in Edgewater, FL should thoroughly research and understand the city's regulations and requirements to ensure a successful and compliant rental operation.
Market Trends Over Time
Explore 25 years of market data for Edgewater, 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 Edgewater, FL.
The LTR Genie Score of Edgewater, FL is 70 and STR Genie Score is 62, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a LTR Net ROI of 41.94%, while the STR Net ROI is slightly lower at 38.27%. The LTR Rent Growth Rate is stagnant at 0.0%, and the 1-Year Price Appreciation Forecast is minimal at 0.45%. The STR Occupancy rate is 61.29%, with a revenue of 2264.
The LTR Genie Score is higher than the STR Genie Score, suggesting that Edgewater, FL may be more suitable for long-term rental investments. This could be due to the steady rental income provided by long-term tenants, as well as the higher LTR Net ROI compared to the STR Net ROI. However, the STR Genie Score is still relatively high, indicating that there is potential for short-term rental success in the area as well.
Edgewater, FL is a coastal city known for its beautiful beaches and outdoor recreational activities, making it a popular destination for tourists and potential renters. The market may be attractive for real estate investors looking to capitalize on both long-term and short-term rental opportunities, depending on their investment goals and strategies. It is recommended for investors to conduct further research and analysis to determine the best approach for maximizing returns in this market.
LTR Genie Score 93
$249,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,224 sqft.🏠 SINGLE FAMILY
