Written by: Ashley Durmo
Introduction
Clearwater, FL, known for its stunning Gulf Coast beaches, year-round sunshine, and thriving tourism industry, offers numerous opportunities for short-term rental investments. From waterfront neighborhoods to more suburban areas, the city’s diverse appeal draws visitors from all over. Here’s an analysis of the top zip codes for investment, with insights into gross yields, annual revenues, Zillow home values, and the unique characteristics of each area.
33763: Countryside & North Clearwater
- Gross Yield: 11%
- Annual Revenue: $23,991
- Zillow Home Value: $223.2K
Zip code 33763 encompasses parts of the Countryside neighborhood and North Clearwater. Known for its residential areas, parks, and proximity to the Countryside Mall, this area provides a family-friendly environment. The gross yield of 11% is the highest on this list, with annual revenue of $23,991, making it a promising area for investors. The Zillow home value of $223.2K offers an affordable entry point into the market. The demand for short-term rentals comes from both tourists visiting the beaches and snowbirds seeking winter accommodations.
33765: Central Clearwater
- Gross Yield: 8%
- Annual Revenue: $30,066
- Zillow Home Value: $369.2K
This zip code covers Central Clearwater, a bustling area that combines residential living with access to attractions like Spectrum Field, where the Philadelphia Phillies hold spring training. The gross yield here is 8%, and annual revenue comes in at $30,066, indicating a solid performance. Zillow home values are $369.2K, reflecting the central location’s convenience. With plenty of dining, shopping, and entertainment options nearby, this area attracts both families and sports enthusiasts.
33759: Bayside & Safety Harbor Vicinity
- Gross Yield: 8%
- Annual Revenue: $27,397
- Zillow Home Value: $362.0K
Zip code 33759 includes the Bayside area and parts of the Safety Harbor vicinity, known for its scenic waterfront parks and proximity to Tampa Bay. With a gross yield of 8% and annual revenue of $27,397, it’s a reliable option for short-term rentals. Zillow home values average $362.0K, making it one of the pricier areas. The neighborhood’s peaceful vibe, combined with easy access to major roads leading to Tampa and Clearwater Beach, makes it attractive for both weekend getaways and extended stays.
