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$293
Indian Rocks Beach, FL — Market Intelligence Report
Researched by Chalet's Senior STR Analysts · Verified with local Indian Rocks Beach market partners
Indian Rocks Beach, Florida, sits at the intersection of Gulf Coast leisure and institutional-grade short-term rental performance, defined by a clear revenue ceiling for active full-time operators. According to Chalet data, the canonical average annual revenue for these operators is $45,784 across 422 active listings—a figure that sets the pace for the market and stands in contrast to the broader whole-market median of $52,457, which is buoyed by a large contingent of part-time and casual inventory. The market’s median occupancy is 57%, supported by a robust $293 ADR and a median gross yield of 6.85% against a median home value of $765,254. Nationally, Indian Rocks Beach ranks #304 for STR performance. Seasonality is pronounced: March is the peak, with $5,307 in monthly revenue and 79% occupancy, while September marks the trough at $2,945 and just 38% occupancy—a near halving of monthly returns between high and low season.
The backbone of Indian Rocks Beach’s investable product is the 2BR and 3BR segment, which together comprise nearly three-quarters of the market. Two-bedroom properties (730 listings) average $36,100 in annual revenue with a $278 ADR and 49% occupancy, offering a balanced entry point for investors seeking liquidity and manageable exposure. Stepping up, 3BR homes (356 listings) generate a markedly higher average revenue of $53,019 at a $420 ADR, reflecting both strong family demand and a premium for additional space. Both segments are well represented in the 33785 zip code, which dominates the market with 1,260 listings and a median annual revenue of $52,519, a $294 ADR, and a 7.5% yield on a median home value of $698,694. For buyers targeting this core, working with a Chalet agent is essential to navigate the dense, competitive landscape.
At the upper end, 5BR and 6BR properties (35 and 14 listings, respectively) demonstrate the market’s ceiling, averaging $99,757 and $159,201 in annual revenue. Five-bedroom homes command an ADR of $1,039 with a 53% occupancy rate, while 6BR properties achieve $995 ADR and the highest occupancy in the market at 64%. These large homes are rare but consistently outperform, capitalizing on multi-family and group travel demand. Investors able to secure and operate these assets face higher acquisition costs but are rewarded with outsize returns and resilience in high season, particularly in March when occupancy and rates spike.
The investor case at scale is driven by strong regional demand, with the majority of guests originating from Tampa, Orlando, and other southeastern metros—international visitors comprise just 3% of stays. Booking lead times average 62 days (median 39), and the average stay stretches to 6.2 nights, pointing to a stable, family-oriented rental base. The market’s top hosts, including Beaches USA Rentals And Management and Vacasa Florida, account for a quarter of all listings, but the field remains fragmented enough for new entrants to compete on quality and location. For investors modeling returns, the Chalet ROI calculator provides a granular, data-driven approach to scenario planning.
Risks are concentrated around volatility in home values and regulatory enforcement. Over the past year, ADR surged by 20.2%, while occupancy climbed 17.9% and listing supply expanded 9.5%. However, median home values declined 5.8%—a material headwind for leveraged buyers and those banking on appreciation. September and November are the seasonal troughs, with occupancy dipping to 38% and 33%, respectively, underscoring the need for cash flow management. Regulatory risk is non-trivial: short-term rentals are legal citywide, but compliance is closely monitored, with annual registration, inspections, and a 12% lodging tax stack. Enforcement is active, with fines up to $5,000 per violation. Investors should review the Indian Rocks Beach STR regulations before acquisition.
Indian Rocks Beach is a yield-driven, regulation-intensive market where disciplined operators can capture outsized returns—especially as rising ADRs and occupancy offset recent home value declines.
| 2 |
| 33785 |
| 8% |
| $52,519 |
| 1,890 |
| $699K |