Tybee Island, Georgia Short-Term Rental Market Overview
Visitor Profile
Tybee Island, Georgia, attracts approximately 2.5 million visitors annually, making it a significant player in the coastal tourism market. The primary demographic of visitors includes families, couples, and groups of friends, with a notable percentage aged between 25 and 54. Many visitors come for leisure activities such as beach vacations, water sports, and historical site exploration. The economic impact of tourism on Tybee Island is substantial, contributing over $100 million to the local economy, which underscores the importance of this sector for the community. The influx of tourists, while beneficial economically, also raises concerns regarding the quality of life for residents, as highlighted in local discussions about traffic and resource management.
In terms of visitor statistics, Tybee Island sees a diverse range of tourists, with families making up a significant portion of the demographic. The average length of stay is around four days, with peak seasons occurring during the summer months, particularly from May to September. Visitors are drawn to the island for its pristine beaches, vibrant nightlife, and rich history, including the iconic Tybee Island Light Station. According to the tourism bureau (https://visittybee.com), the island’s appeal lies in its combination of relaxation and recreation, making it a favored destination for both short getaways and extended vacations. The visitor statistics report (https://www.savannahnow.com/story/news/2022/09/20/tourism-tybee-island-georgia-quality-life-beach-traffic-dining/10362476002/) indicates that while tourism fuels the local economy, it also poses challenges for residents, emphasizing the need for sustainable tourism practices. Overall, understanding Tybee Island visitor demographics and tourism statistics is crucial for stakeholders in the hospitality and tourism sectors.
Top Attractions
Tybee Island, Georgia, is a charming coastal destination that offers a delightful mix of sun-soaked beaches, rich history, and vibrant culture. Known for its picturesque scenery and laid-back atmosphere, Tybee Island attractions cater to a variety of interests. Visitors can explore the iconic Tybee Island Light Station and Museum, which stands as a beacon of maritime history, or enjoy the natural beauty of Fort Pulaski National Monument, a well-preserved Civil War fort. With a plethora of outdoor activities, cultural experiences, and family-friendly options, Tybee Island is a perfect getaway for those seeking both relaxation and adventure.
One of the top attractions on Tybee Island is the Tybee Island Light Station and Museum. This historic lighthouse, built in 1736, offers stunning views of the Atlantic Ocean and the surrounding area. Visitors can climb to the top for a breathtaking panorama and learn about the lighthouse’s storied past through engaging exhibits. For more information, visit the official site at https://visittybee.com/.
Another must-see is Fort Pulaski National Monument, where history enthusiasts can delve into the Civil War era. The fort features impressive architecture, scenic walking trails, and informative ranger-led programs. This site not only showcases the military history of the region but also offers beautiful views of the salt marshes. More details can be found at https://exploregeorgia.org/city/tybee-island.
Families will enjoy the Tybee Island Marine Science Center, which provides interactive exhibits and educational programs focused on the local marine ecosystem. This attraction is perfect for children and adults alike, fostering a love for nature and conservation. For additional insights, check out the official visitor guide at https://visittybee.com/. With so much to explore, Tybee Island is a destination that promises unforgettable experiences year-round.
Regulations
Tybee Island, Georgia, is a popular destination for short-term rentals, attracting visitors with its beautiful beaches and vibrant community. However, property owners must navigate specific regulations to operate legally. The city requires a short-term rental permit, which involves submitting an application and paying a fee. Additionally, owners must collect and remit a 7% hotel/motel tax on rental income. Zoning restrictions apply, limiting rentals to certain areas, and properties must comply with safety standards, including smoke detectors and fire extinguishers. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience.
To operate a short-term rental in Tybee Island, property owners must first obtain a short-term rental permit from the city, which requires a completed application and payment of the associated fee. The city enforces a 7% hotel/motel tax on rental income, which must be collected from guests and submitted to the city on a quarterly basis. Zoning regulations dictate that short-term rentals are only permitted in designated areas, ensuring that residential neighborhoods are preserved. Additionally, safety requirements mandate that all properties are equipped with smoke detectors, fire extinguishers, and other safety features to protect guests. Failure to comply with these regulations can result in fines and potential revocation of rental permits. For more detailed information on Tybee Island’s regulations, visit the Tybee Island Comprehensive Plan at the Georgia Department of Community Affairs (https://dca.georgia.gov/tybee-island-comprehensive-plan). Understanding these Tybee Island short-term rental regulations is essential for a successful rental operation.
Vacation Rental Market Overview for Tybee Island
Tybee Island attracts visitors with its cultural attractions and historic sites and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.
This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.
Tybee Island, Georgia Market Performance Trends
Short-Term Rental Market Performance Analysis for Tybee Island
The short-term rental market in Tybee Island demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.
Market Trend Summary
Current market indicators show: strong seasonal variation with peak summer demand
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Tybee Island, Georgia Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$640,914
- Median List Price:$699,415
Current Inventory
- Homes For Sale:143
- New Listings:14
Detailed Market Analysis
Real Estate Market Analysis for Tybee Island, Georgia
The residential real estate market in Tybee Island, Georgia presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.
Real estate investments in Tybee Island, Georgia benefit from consistent market appreciation and strong resale values. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Tybee Island, Georgia Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:68.6% Booked
- 4-6 Months:70% Booked
- 7-9 Months:57.1% Booked
- 10-12 Months:8% Booked
Cancellation Policies
- Flexible:0%
- Moderate:0%
- Strict:0%
- Super Strict:0%
Minimum Stay
- 1 Day:0
- 2 Days:0
- 3 Days:0
- 4-6 Days:0
- 7-29 Days:0
- 30+ Days:0
Short-Term Rental Regulations and Booking Patterns in Tybee Island
Tybee Island vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.
Market analysis reveals flexible booking policies attracting last-minute travelers. These insights help property managers optimize their listing strategies and maximize occupancy.
Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.
Tybee Island, Georgia Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Tybee Island
The vacation rental market in Tybee Island features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.
Market characteristics include a balanced mix of entire homes and private rooms. This distribution reflects local demand patterns and traveler preferences.
Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.
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