Annual Revenue
$19,711
Based on 59 full time Airbnb rentals
Average Daily Rate
$117
Gross Yield
13.91%
Occupancy Rate
56%
As of October of 2024, Homes in 32505 ZIP Code have appreciated by 1.88%, with the median home value standing at $141,578, according to Zillow.
There are currently 59 active short-term rentals in 32505 ZIP Code. The average daily rate for these rentals is $117. This translates to an annual revenue of $19,711 for short-term rentals as of October of 2024.
32505 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
$117
Occupancy Rate Trend
56%
As of October of 2024, the average gross yield for short-term rentals in 32505 ZIP Code is 13.91%. However, potential investors should also consider the average property tax, which stands at 0.71% according to SmartAsset.
The median household income in 32505 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 32505 is 56%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 32505 ZIP Code is 3.7%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 32505 include a Beachfront, Paid parking on premises, and Ping pong table.
32505 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Pensacola, FL (2.36% of all guests), Atlanta, GA (2.12% of all guests), and New Orleans, LA (1.93% of all guests).
The top short-term rental hosts in 32505 ZIP Code include Southern Vacation, Vacasa Florida and Caribe. These hosts have an average rating of 4.47, 4.60 and 4.79 respectively.
The most popular property types in 32505 ZIP Code are 2-bedroom units, with an average daily rate of $117 and an annual revenue of $22,261.
The average booking lead time for short-term rentals in 32505 ZIP Code is 44 days.
Let our agents guide you to the best short-term rental investments in Pensacola, FL