Airbnb Market Analytics & Investment Insights
Annual Revenue
$52,465
Based on 2211 full time Airbnb rentals
Average Daily Rate
$271
Gross Yield
As of October of 2024, Homes in 34242 ZIP Code have depreciated by -5.43%, with the median home value standing at $955,028, according to Zillow.
There are currently 2,211 active short-term rentals in 34242 ZIP Code. The average daily rate for these rentals is $271. This translates to an annual revenue of $52,465 for short-term rentals as of October of 2024.
34242 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
$271
Occupancy Rate Trend
71%
Let our agents guide you to the best short-term rental investments in Sarasota, FL
As of October of 2024, the average gross yield for short-term rentals in 34242 ZIP Code is 5.52%. However, potential investors should also consider the average property tax, which stands at 0.84% according to SmartAsset.
The median household income in 34242 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 34242 is 71%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Sarasota ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
AMI Locals And AMI Accommodations leads the market with 202 active listings and maintains an exceptional 4.73 average guest rating.
The Cottages On The Key leads the market with 163 active listings and maintains an exceptional 4.68 average guest rating.
Vacasa Florida leads the market with 139 active listings and maintains an exceptional 4.60 average guest rating.
These top performers serve as benchmarks for what drives success in Sarasota'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 34242 ZIP Code is 3.7%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 34242 include a Game console, Paid parking on premises, and Ping pong table.
34242 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Orlando, FL (2.77% of all guests), Miami, FL (2.29% of all guests), and Tampa, FL (2.00% of all guests).
The top short-term rental hosts in 34242 ZIP Code include AMI Locals And AMI Accommodations, The Cottages On The Key and Vacasa Florida. These hosts have an average rating of 4.73, 4.68 and 4.60 respectively.
The most popular property types in 34242 ZIP Code are 2-bedroom units, with an average daily rate of $271 and an annual revenue of $61,419.
The average booking lead time for short-term rentals in 34242 ZIP Code is 57 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.
5.52%
Occupancy Rate
71%