Hollywood, Florida Short-Term Rental Market Overview

Population: 14,406
Annual Visitors: 146,000,000
Total STRs: 6,393
ADR: $255.55

Visitor Profile

Hollywood, Florida, attracts a diverse array of visitors, primarily families, couples, and outdoor enthusiasts seeking sun-soaked beaches and vibrant local culture. Tourists often come for its award-winning Hollywood Beach, renowned for its clean, white sandy shoreline and the lively Hollywood Beach Broadwalk, which is lined with restaurants, shops, and entertainment options. Visitors are motivated by the desire to relax by the ocean, enjoy water sports like snorkeling and paddleboarding, and experience the charming seaside atmosphere. Many travelers also explore local art, cultural exhibits at the Art and Culture Center, or take part in eco-friendly tours such as eco kayaking and boat trips.

For those interested in exploring more, the Hollywood Beach Broadwalk stands out as a key attraction, offering a quintessential Florida beach experience with picturesque scenery and a lively ambiance. As a host, understanding that your guests likely value a relaxed, scenic, and activity-rich environment can help tailor your property to meet their vacation expectations and encourage memorable stays.

Top Attractions

Hollywood, Florida is best known for its stunning beaches and vibrant boardwalks that draw visitors from around the world. The Hollywood Broadwalk, acclaimed as one of the finest in the United States, offers a lively atmosphere with seaside dining, live entertainment, and opportunities for fishing, sunbathing, and water sports. Its family-friendly beaches, named Fodor’s ‘Best Beach for Families,’ feature soft, sugar-white sand and turquoise waters, creating the perfect setting for relaxation and fun in the sun. Beyond the beach, tourists can explore cultural activities, enjoy oceanfront dining, and participate in eco-tours such as snorkeling and kayaking around the Florida Keys Eco Tour.

In addition to its natural beauty, Hollywood boasts a variety of attractions that cater to diverse interests. Golf enthusiasts can find numerous public courses, including the popular Hollywood Beach Golf Resort. For entertainment and nightlife, the Hollywood ArtWalk and casino visits at Seminole Hard Rock Hotel provide exciting options. Art galleries, dance studios, and historic downtown shops add to Hollywood’s charm, making it a lively destination for both relaxation and cultural exploration. Whether seeking outdoor adventures, cultural experiences, or simply a scenic beach getaway, Hollywood, Florida offers an enticing blend of attractions that make it a must-visit destination.

Regulations

Hollywood, Florida, has established a defined regulatory framework governing short-term rentals to ensure community standards, safety, and equitable use of residential properties. Prospective hosts should anticipate clear rules regarding licensing, occupancy, and zoning, alongside mandatory safety features and tax compliance, making adherence to local ordinances essential for lawful operation. Understanding these requirements is vital for anyone considering hosting in Hollywood to maintain a positive hosting experience and community relations.

Key Regulatory Considerations:

Licensing and Permits: Property owners must obtain a short-term rental license through the City of Hollywood’s licensing division. This involves an application process, payment of applicable fees, and periodic renewals. The city oversees the issuance to ensure compliance with zoning and health standards.

Primary Residence Requirements: Rentals are generally limited to properties classified as primary residences of the owner or renters, with restrictions on the number of days the property can be rented on a short-term basis annually. This is designed to preserve neighborhood character and minimize transient occupancy impacts.

Zoning and Location: Short-term rentals are subject to zoning regulations that may restrict operation in certain residential zones or require compliance with neighborhood covenants. Hosts should verify their property’s zoning status to ensure eligibility.

Occupancy, Health & Safety: Regulations mandate occupancy limits based on the property’s size and configuration. Safety requirements include installation of smoke detectors, carbon monoxide alarms, and fire extinguishers, alongside maintenance of exit routes and adherence to health codes.

Tax Obligations: Hosts must collect and remit transient accommodation taxes (TAT), sales taxes, and possibly local tourist taxes in accordance with Florida state law and city requirements, reporting regularly to appropriate tax authorities.

Operational Standards & Enforcement: The city monitors advertising accuracy, noise control, guest behavior, and parking to promote neighborhood peace and safety. Violations can lead to fines, license revocation, or other penalties.

For the most current and legally binding information, property owners should consult the City of Hollywood’s Official Short-Term Rental Regulations page, which provides authoritative details, application procedures, and contact points for clarification.

Hollywood, Florida Market Performance Trends

LTM Avg. Daily Rate$247.00
LTM Occupancy Rate66.7%
LTM Avg. Revenue$3,412

Hollywood, Florida Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:62.1% Booked
  • 4-6 Months:57.2% Booked
  • 7-9 Months:47.6% Booked
  • 10-12 Months:12.7% Booked

Cancellation Policies

  • Flexible:31%
  • Moderate:23.9%
  • Strict:42%
  • Super Strict:42%
  • N/A:1.5%

Minimum Stay

  • 1 Day:1,721
  • 2 Days:915
  • 3 Days:716
  • 4-6 Days:635
  • 7-29 Days:225
  • 30+ Days:187

Hollywood, Florida Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.56 / 5
  • Cleanliness:4.60 / 5
  • Location:4.77 / 5
  • Value:4.53 / 5
  • Accuracy:4.65 / 5
  • Check-in:4.73 / 5
  • Communication:4.73 / 5

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