Last updated: September 2024
Florida’s warm climate and world-renowned attractions make it a hotspot for mid-term rental investments. The state’s diverse landscapes, from pristine beaches to bustling cities, attract a wide array of visitors year-round, providing a steady stream of potential renters. This guide highlights the top mid-term rental markets in Florida, showcasing areas that offer excellent returns and growth potential for investors.
Our focus is on identifying the markets with the highest gross yields, combining local charm with strong financial metrics. Whether you’re considering an investment in Florida’s coastal gems or its vibrant urban centers, this analysis will provide you with the insights needed to make informed decisions.
Our advanced tool, Chalet Intel, delivers in-depth insights and strategies tailored for investors at all levels. It includes a robust calculator, regulation summaries, and extensive data for each discussed market. Our dashboard offers comprehensive data on both short-term and mid-term rentals, enabling you to make well-informed decisions. Links for each market are available for detailed individual analysis.
1. Jacksonville, Florida
Jacksonville, FL, known for its extensive park system and vibrant urban scene, offers a blend of natural beauty and city life.
Jacksonville has seen a slight decrease in home values by -0.20%, with the average price now at $294,450. The market thrives with a median annual revenue of $25,850 and a monthly rate of $2,350. With 911 full-time listings and a property tax rate of 0.88%, the gross yield here is 8.78%.
Discover more about investing in Jacksonville through Chalet Intel.
2. Fort Walton Beach, Florida
Fort Walton Beach, FL, known for its white sandy beaches and emerald green waters, is a popular destination for family vacations and fishing trips.
Fort Walton Beach has seen a 1.20% increase in home values, with the average price now at $328,149. The market thrives with a median annual revenue of $26,400 and a monthly rate of $2,400. With 540 full-time listings and a property tax rate of 0.65%, the gross yield here is 8.05%.
To delve deeper into Fort Walton Beach’s investment potential, check out Chalet Intel.
Top 200 Airbnb Rental Markets
Use our Airbnb comparison tool to instantly compare the top 200 short-term (Airbnb) rental markets in the US by returns on investment, occupancy rates, revenue, home price, and more…
3. Pompano Beach, Florida
Pompano Beach, FL, known for its excellent boating and fishing, offers stunning coral reefs and a lively atmosphere for visitors.
Pompano Beach has seen a 6.90% increase in home values, with the average price now at $362,239. The market thrives with a median annual revenue of $27,500 and a monthly rate of $2,500. With 2,586 full-time listings and a property tax rate of 1.00%, the gross yield here is 7.59%.
For more comprehensive insights into Pompano Beach as a rental market, explore Chalet Intel.
4. Fort Myers, Florida
Fort Myers, FL, known for its historical estates and beautiful waterfront views, is a popular destination for retirees and tourists alike.
Fort Myers has seen a notable increase in home values, with the average price now at $370,764. The market thrives with a median annual revenue of $27,500 and a monthly rate of $2,500. With 1,748 full-time listings and a property tax rate of 0.95%, the gross yield here is 7.42%.
For more insights into Fort Myers as a rental market, explore Chalet Intel.
5. Palm Coast, Florida
Palm Coast, FL, offers a serene coastal environment with plenty of outdoor activities, making it a popular destination for tourists seeking relaxation and adventure.
Palm Coast has seen an 8.50% increase in home values, with the average price now at $352,706. The market thrives with a median annual revenue of $25,300 and a monthly rate of $2,300. With 877 full-time listings and a property tax rate of 0.85%, the gross yield here is 7.18%.
Discover more about investing in Palm Coast through Chalet Intel.
6. Cape Coral, Florida
Cape Coral, FL, known for its extensive canal system, offers a unique waterfront lifestyle and a range of outdoor activities.
Cape Coral has seen a 9.50% increase in home values, with the average price now at $388,303. The market thrives with a median annual revenue of $27,500 and a monthly rate of $2,500. With 2,077 full-time listings and a property tax rate of 0.95%, the gross yield here is 7.08%.
For more comprehensive insights into Cape Coral as a rental market, explore Chalet Intel.
Each of these markets in Florida offers unique opportunities for mid-term rental investors, combining strong financial metrics with appealing tourist attractions. For a comprehensive overview, including detailed analyses, calculators, and regulation insights, make sure to explore our latest tool, Chalet Intel.
