Annual Revenue
$27,500
Based on 3574 full time Airbnb rentals
Average Monthly Rate
$2500
Gross Yield
5.98%
#41 in the USProperty Tax Rate
1%
Homes in Sarasota have appreciated by 1.40%, with the median home value standing at $464097, according to Zillow.
There are currently 3574 active mid-term rentals in Sarasota. The average monthly rate for these rentals is $2500. This translates to an annual revenue of $35750 for mid-term rentals.
Sarasota is an investor-friendly location with mid-term rental regulations favorable to those looking to invest in mid-term rentals.
Average Monthly Rate Trend
$2500
Active Mid-Term Rentals
3574
The average gross yield for mid-term rentals in Sarasota is 5.98%. However, potential investors should also consider the average property tax, which stands at 0.84% according to SmartAsset.
The median household income in Sarasota is $58,231.
The unemployment rate in Sarasota is 2.8%, which is lower than the national average of 3.9%.
The most popular property types in Sarasota are 2-bedroom units, with an monthyl rents of $2500 and an annual revenue of $27500.
Let our agents guide you to the best mid-term rental investments in Sarasota
