Ormond Beach, Florida Short-Term Rental Market Overview
Visitor Profile
Ormond Beach, Florida, attracts approximately 1.5 million visitors annually, showcasing its appeal as a prime coastal destination. The visitor demographics reveal a diverse mix, with families and retirees making up a significant portion of the tourist population. The primary reasons for visiting include beach activities, historical attractions, and eco-tourism, contributing to an economic impact of over $200 million for the local economy. With its beautiful beaches and vibrant community events, Ormond Beach continues to be a favored spot for both relaxation and adventure.
In terms of comprehensive visitor analysis, the annual visitor numbers have shown a steady increase, particularly in the summer months, which serve as peak seasons for tourism. The primary demographics of visitors include families with children aged 5-14, couples aged 30-50, and retirees over 60, with a notable percentage coming from nearby states such as Georgia and Alabama. The average length of stay for visitors is around four days, allowing ample time to explore local attractions like the Ormond Memorial Art Museum and the scenic Tomoka State Park. According to the tourism bureau (https://www.ormondbeach.org), the main reasons for visiting are centered around outdoor activities, historical exploration, and local dining experiences. Additionally, the visitor statistics report (https://www.ormondbeach.org/tourism) indicates that eco-tourism is on the rise, with an increasing number of visitors seeking nature-based experiences. This data is crucial for STR operators, as understanding visitor behavior and preferences can help tailor offerings to enhance guest satisfaction and drive occupancy rates. Overall, Ormond Beach’s tourism statistics and visitor demographics highlight a thriving market with significant potential for growth and development in the hospitality sector.
Top Attractions
Ormond Beach, Florida, is a charming coastal city that offers a delightful mix of natural beauty, rich history, and engaging activities for visitors of all ages. Known for its stunning beaches and lush landscapes, Ormond Beach is home to several signature attractions that highlight the area’s unique character. From the scenic Tomoka State Park to the historic Ormond Memorial Art Museum, there’s something for everyone to enjoy. Whether you’re looking to explore the great outdoors, immerse yourself in local culture, or simply relax by the ocean, Ormond Beach attractions promise a memorable experience. Read on to discover the top things to do in this beautiful destination.
One of the must-visit attractions is Tomoka State Park, a stunning natural area that features diverse ecosystems, scenic trails, and opportunities for fishing, kayaking, and wildlife viewing. The park is a perfect spot for outdoor enthusiasts and families looking to enjoy a day in nature. For more information, visit the official website at https://www.floridastateparks.org/parks-and-trails/tomoka-state-park.
Another highlight is the Ormond Memorial Art Museum, which showcases a variety of local and regional artwork, along with rotating exhibits that celebrate the creative spirit of the community. The museum’s serene gardens provide a peaceful setting to unwind and reflect. Learn more at https://ormondartmuseum.org.
For history buffs, the Casements is a historic estate that once belonged to John D. Rockefeller. This beautiful site offers guided tours, showcasing its stunning architecture and lush grounds. Visitors can explore the gardens and learn about the estate’s significance in Ormond Beach’s history. Check out their offerings at https://www.ormondbeach.org/150/Casements.
With these attractions and more, Ormond Beach is a perfect destination for those seeking a blend of relaxation and adventure.
Regulations
Ormond Beach short-term rental regulations are essential for property owners looking to capitalize on the booming vacation rental market. In Ormond Beach, Florida, short-term rentals are defined as rentals of less than 30 consecutive days. To operate legally, property owners must obtain a business tax receipt and comply with local zoning laws. Additionally, short-term rental operators are required to collect and remit a 6% sales tax and a 1% tourist development tax on rental income. Understanding these regulations is crucial for avoiding fines and ensuring a smooth rental experience. For a comprehensive overview of the requirements, property owners should familiarize themselves with the local ordinances governing short-term rentals.
Key regulatory information includes several important requirements. First, property owners must secure a business tax receipt from the City of Ormond Beach, which is renewed annually. Zoning restrictions apply, meaning that not all properties may be eligible for short-term rentals; it is essential to verify zoning classifications before proceeding. Safety requirements, such as smoke detectors and fire extinguishers, must be met to ensure guest safety. Violations of these regulations can lead to penalties, including fines and possible revocation of rental permits. For more detailed information, property owners can visit the City of Ormond Beach’s official site (https://www.ormondbeach.org) and review the municipal code (https://library.municode.com/fl/ormond_beach/codes/code_of_ordinances). Staying informed about Ormond Beach short-term rental regulations will help property owners navigate the complexities of operating a rental property successfully.
Vacation Rental Market Overview for Ormond Beach
Ormond Beach attracts visitors with its outdoor recreation and natural beauty and urban amenities and entertainment. 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.
Ormond Beach, Florida Market Performance Trends
Short-Term Rental Market Performance Analysis for Ormond Beach
The short-term rental market in Ormond Beach 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: mature market with optimized pricing patterns
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Ormond Beach, Florida Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$365,126
- Median Sale Price:$359,033
- Median List Price:$426,300
Current Inventory
- Homes For Sale:960
- New Listings:159
Detailed Market Analysis
Real Estate Market Analysis for Ormond Beach, Florida
The residential real estate market in Ormond Beach, Florida presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.
Real estate investments in Ormond Beach, Florida benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Ormond Beach, Florida Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:60.8% Booked
- 4-6 Months:51.1% Booked
- 7-9 Months:42.4% Booked
- 10-12 Months:12.7% 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 Ormond Beach
Ormond Beach 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 balanced approach between flexibility and stability. 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.
Ormond Beach, Florida Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Ormond Beach
The vacation rental market in Ormond Beach 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 concentration in 2-3 bedroom properties ideal for small groups. 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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