Airbnb Market Analytics & Investment Insights
Annual Revenue
$33,196
Based on 608 full time Airbnb rentals
Average Daily Rate
$170
Gross Yield
As of October of 2024, Homes in 33316 ZIP Code have depreciated by -1.62%, with the median home value standing at $736,016, according to Zillow.
There are currently 608 active short-term rentals in 33316 ZIP Code. The average daily rate for these rentals is $170. This translates to an annual revenue of $33,196 for short-term rentals as of October of 2024.
33316 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$170
Occupancy Rate Trend
73%
Let our agents guide you to the best short-term rental investments in Fort Lauderdale, FL
As of October of 2024, the average gross yield for short-term rentals in 33316 ZIP Code is 4.51%. However, potential investors should also consider the average property tax, which stands at 1.00% according to SmartAsset.
The median household income in 33316 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 33316 is 73%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Fort Lauderdale ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
RoomPicks leads the market with 278 active listings and maintains an exceptional 4.53 average guest rating.
David leads the market with 79 active listings and maintains an exceptional 4.95 average guest rating.
Michael leads the market with 63 active listings and maintains an exceptional 4.96 average guest rating.
These top performers serve as benchmarks for what drives success in Fort Lauderdale's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 33316 ZIP Code is 3.5%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 33316 include a Indoor fireplace, Changing table, and Piano.
33316 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like New York, NY (4.56% of all guests), Fort Lauderdale, FL (2.93% of all guests), and Miami, FL (2.77% of all guests).
The top short-term rental hosts in 33316 ZIP Code include RoomPicks, David and Michael. These hosts have an average rating of 4.53, 4.95 and 4.96 respectively.
The most popular property types in 33316 ZIP Code are 2-bedroom units, with an average daily rate of $170 and an annual revenue of $61,495.
The average booking lead time for short-term rentals in 33316 ZIP Code is 61 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
4.51%
Occupancy Rate
73%