Cape Coral, Florida Short-Term Rental Market Overview

Population: 198,123
Annual Visitors: Still gathering data
Total STRs: 7,245
ADR: $273.00

Visitor Profile

Cape Coral, Florida attracts a diverse range of visitors, from water sports enthusiasts to families seeking outdoor adventures. Boasting over 400 miles of canals, it’s a paradise for boating, fishing, and water activities, making it ideal for those looking to enjoy the Gulf Coast’s scenic waterways. Families often visit popular attractions like Sunsplash Waterpark for some fun in the sun, while nature lovers explore the region’s parks and scenic landscapes. A key destination that encapsulates the local charm and aquatic lifestyle is the Cape Coral Yacht Club, known for its vibrant community atmosphere and water-based recreation options. These visitors value lively, family-friendly environments, outdoor activities, and the chance to enjoy Florida’s sunny weather, making Cape Coral a perfect vacation spot for those seeking both relaxation and adventure.

Top Attractions

Cape Coral, Florida, is renowned for its extensive network of over 400 miles of canals, making it a paradise for boating, fishing, and water sports enthusiasts. This vibrant waterside community offers a wealth of outdoor activities set against a stunning coastal backdrop, attracting visitors eager to enjoy the Gulf Coast’s natural beauty. Besides water activities, Cape Coral boasts charming parks like Four Mile Cove Ecological Preserve and Rotary Park, where visitors can explore nature and indulge in scenic outdoor pursuits.

Beyond its waterways, Cape Coral promises a lively arts and cultural scene with local art shows, craft weekends, and farmer markets coordinated by the Chamber of Commerce. The city also features family-friendly attractions such as Sunsplash Waterpark, beaches, and parks, making it a versatile destination for all ages. Whether you’re seeking adventure on the water, exploring lush green spaces, or experiencing the local community’s arts and culture, Cape Coral offers a compelling blend of relaxation and recreation that truly captures the spirit of Southwest Florida.

Regulations

Cape Coral, Florida maintains a structured regulatory framework for short-term rentals designed to balance the interests of property owners with community standards and safety. Prospective short-term rental hosts should expect requirements involving licensing, zoning restrictions, occupancy limits, and tax obligations, ensuring their operations comply with local ordinances. While the city encourages responsible hosting practices, adherence to these regulations helps prevent conflicts, preserve neighborhood character, and promote a safe, enjoyable experience for guests and residents alike. Understanding these requirements before listing a property is essential, as non-compliance can result in penalties.

Key Regulatory Considerations:

Licensing and Permits: Short-term rental hosts in Cape Coral must obtain a rental license from the city, typically through the Planning and Development Services Department. This license may require an application fee and includes renewal provisions; exact costs and procedures should be confirmed with the city directly.

Primary Residence Requirements: Regulations often specify whether the property must be the owner’s primary residence or if investment properties are eligible for short-term rental use. In many Florida cities, and likely including Cape Coral, there may be limitations on the number of rental days or requirements regarding host presence that influence eligibility.

Zoning and Location Restrictions: Cape Coral regulates short-term rentals according to zoning districts. Certain residential zones may restrict or prohibit short-term rentals, while commercial or mixed-use zones might allow them under defined criteria. Hosts should verify zoning compliance before listing.

Occupancy, Health & Safety Standards: There are usually limits on the maximum number of occupants and safety requirements such as installation of smoke detectors, carbon monoxide alarms, and fire extinguishers. These standards are enforced to ensure guest safety and mitigate risk.

Tax Obligations: Hosts are responsible for collecting and remitting transient rental taxes as mandated by the city and state. This may include local tourist development taxes in addition to state sales tax. Ensuring proper tax registration and timely payment is critical.

Operational Standards & Enforcement: Rules may cover advertising practices, noise restrictions, garbage disposal, and guest behavior. Non-compliance with regulations can lead to fines, license suspension, or other enforcement actions.

For the most current and legally binding information, property owners should consult the City of Cape Coral’s Official Short-Term Rental Regulations page, which provides comprehensive details on licensing, permitted uses, and compliance requirements to support responsible hosting in Cape Coral.

Cape Coral, Florida Market Performance Trends

LTM Avg. Daily Rate$266.00
LTM Occupancy Rate60.0%
LTM Avg. Revenue$2,902

Cape Coral, Florida Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:64.4% Booked
  • 4-6 Months:43.7% Booked
  • 7-9 Months:23.4% Booked
  • 10-12 Months:8% Booked

Cancellation Policies

  • Flexible:33.2%
  • Moderate:26.2%
  • Strict:29.3%
  • Super Strict:29.3%
  • N/A:1.4%

Minimum Stay

  • 1 Day:469
  • 2 Days:374
  • 3 Days:460
  • 4-6 Days:768
  • 7-29 Days:337
  • 30+ Days:46

Cape Coral, Florida Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.78 / 5
  • Cleanliness:4.82 / 5
  • Location:4.85 / 5
  • Value:4.74 / 5
  • Accuracy:4.85 / 5
  • Check-in:4.91 / 5
  • Communication:4.83 / 5

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