An article provides an insightful overview of key Airbnb markets in Fort Lauderdale. It examines factors like average daily rate, occupancy rate, and neighborhood characteristics, offering a strategic view for potential investors. From moderate investment opportunities in 33334 to luxury markets in 33301, the article captures the diverse investment landscape of Fort Lauderdale’s Airbnb scene.
Explore:
- The Best Fort Lauderdale Airbnb Neighborhoods to Invest In Now
- Fort Lauderdale Airbnb Market: A Hidden Gem for Investors
- Fort Lauderdale Short-Term Rental Rules: Essential Information for Hosts
- Airbnb Management in Fort Lauderdale, FL by HeartHomes
Fort Lauderdale Airbnb Market Analysis of 33334 Area
- Average Daily Rate: $285.1
- Max Daily Rate (Mar): $322
- Occupancy Rate: 60%
- Max Occupancy Rate (Mar): 79%
- Max Monthly Revenue (Mar): $6,200
- Active Rentals: 640
- Average Annual Revenue: $62K
- Revenue Per Available Room (RevPAR): $174
- Weekend RevPAR: $288
- Best Month: March
- Submarket Score: 64
- Population (2023): 29,497
- Average Home Value: $458,118 (up 5.9% over the past year)
The 33334 area in Fort Lauderdale shows a promising Airbnb market. With an average daily rate of $285.1 and a peak of $322 in March, it demonstrates good demand. The occupancy rate stands at 60%, peaking at 79% in March. The area has 640 active rentals, generating an average annual revenue of $62K. The Revenue Per Available Room (RevPAR) is $174, and the weekend RevPAR is $288. The best month for rentals is March. The submarket score is 64, the population is 29,497, and the average home value is $458,118, up 5.9% over the past year. Neighborhoods include Coral Ridge Isles, Knoll Ridge, and others, offering diverse investment options.
Fort Lauderdale Area 33334 Neighborhoods
- Coral Ridge Isles: Attracts guests seeking a mix of suburban comfort and access to waterways, ideal for family or leisure stays.
- Knoll Ridge: Appeals to those looking for a quieter, residential experience, close to amenities.
- Cypress Creek Trailer City: Offers a unique, budget-friendly option, potentially attracting a more adventurous demographic.
- Andrews Gardens: A suburban setting likely to attract families and business travelers seeking a peaceful stay.
- North Ridge / Brentwood Estates: Ideal for guests who prefer a more relaxed environment with easy access to city attractions.
- Central Corals / Coral Heights & South Corals / Coral Brook: These areas are attractive for their central location and variety of dining and shopping options.
- Central Oakland Park: Offers a lively, urban experience, suitable for guests interested in nightlife and city exploration.
- Jenada Isles / City Center: Likely to draw a mix of leisure and business travelers due to its proximity to central commercial areas.
- Coral Estates / Middle River Manor: Attracts those seeking a blend of residential and waterfront experiences.
Fort Lauderdale Airbnb Market Analysis of 33301 Area
- Average Daily Rate: $411
- Max Daily Rate (Feb-Mar): $496-$500
- Occupancy Rate: 53%
- Max Occupancy Rate (Mar): 74%
- Max Monthly Revenue (Mar): $9,400
- Active Rentals: 611
- Average Annual Revenue: $80.2K
- Revenue Per Available Room (RevPAR): $269.1
- Weekend RevPAR: $491
- Best Month: March
- Submarket Score: 55
- Population (2023): 16,261
- Average Home Value: $925,990 (up 1.1% over the past year)
The Airbnb market in the 33301 area of Fort Lauderdale shows significant potential for investment. With an average daily rate of $411 and peak rates up to $500 in the peak months of February and March, demand is high. The occupancy rate averages at 53%, reaching up to 74% in March. The area features 611 active rentals, generating an average annual revenue of $80.2K. The Revenue Per Available Room (RevPAR) is $269.1, and the weekend RevPAR is notably high at $491. The best month for rentals is March. The submarket score is 55, and the population is 16,261. The average home value in this area is $925,990, marking a 1.1% increase over the past year. Neighborhoods in this area include City View, Victoria Park, and others, each offering unique attractions and lifestyles.
Fort Lauderdale Area 33301 Neighborhoods
- City View: Offers an urban lifestyle with easy access to Fort Lauderdale’s vibrant city center, appealing to those who enjoy city living.
- Victoria Park: Combines a residential feel with the convenience of urban amenities, attracting a diverse range of residents and visitors.
- Sunrise Key: Exclusivity and privacy are key in this neighborhood, making it ideal for high-end investments.
- Colee Hammock / Beverly Heights: This area is known for its blend of historical significance and modern living, offering a unique living experience.
- Nurmi Isles: Known for its luxurious waterfront lifestyle, it’s a top choice for those seeking upscale living.
- Rio Vista: Its charm and family-friendly atmosphere make it a desirable location for long-term residents and visitors.
- Flagler Village: A hub for creative and cultural activities, it’s perfect for younger crowds and the artistically inclined.
- Las Olas By The River / Tarpon River Park: Ideal for those who enjoy outdoor activities and a scenic environment.
Fort Lauderdale Airbnb Market Analysis of 33316 Area
- Average Daily Rate: $369
- Max Daily Rate (Feb): $496
- Occupancy Rate: 58%
- Max Occupancy Rate (Mar): 81%
- Max Monthly Revenue (Mar): $9,500
- Active Rentals: 599
- Average Annual Revenue: $77.7K
- Revenue Per Available Room (RevPAR): $284.4
- Weekend RevPAR: $426
- Best Month: March
- Submarket Score: 52
- Population (2023): 11,194
- Average Home Value: $769,656 (up 0.3% over the past year)
The 33316 area of Fort Lauderdale shows a strong Airbnb market. It has an average daily rate of $369, with a peak of $496 in February. The occupancy rate averages 58%, reaching 81% in March. The area hosts 599 active rentals, generating an average annual revenue of $77.7K. Revenue Per Available Room (RevPAR) is $284.4, with a higher weekend rate of $426. March is the best month for revenue. The submarket score is 52, and the population is 11,194. Home values average at $769,656, showing a slight increase. Neighborhoods include Central Beach, Harbor Beach, and others, offering diverse investment opportunities.
Fort Lauderdale Area 33316 Neighborhoods
- Central Beach: Known for its lively beachfront, attracting tourists with its blend of restaurants, shops, and beach activities.
- Harbor Beach / Harbour Inlet: Offers a mix of upscale residential living and access to exclusive beaches and marinas.
- Lauderdale Harbours: A boating community, popular for its waterfront properties and nautical lifestyle.
- Poinciana Park / Harbordale: A family-friendly area with a blend of residential and commercial spaces.
- Rio Vista: Features tree-lined streets and distinctive architecture, appealing for its charm and community feel.
- Las Olas By The River / Tarpon River Park: Close to the river, known for scenic views and outdoor activities.
- Croissant Park East: A quiet, residential neighborhood, offering a more relaxed pace of life.
Fort Lauderdale Airbnb Market Analysis of 33311 Area
- Average Daily Rate: $226.9
- Max Daily Rate (Feb, Mar): $252, $257
- Occupancy Rate: 55%
- Max Occupancy Rate (Mar): 77%
- Max Monthly Revenue (Mar): $4,900
- Active Rentals: 495
- Average Annual Revenue: $45.6K
- Revenue Per Available Room (RevPAR): $136.2
- Weekend RevPAR: $230
- Best Month: March
- Submarket Score: 59
- Population (2023): 73,388
- Average Home Value: $348,818 (up 7.5% over the past year)
The 33311 area of Fort Lauderdale shows an active Airbnb market with moderate potential. The average daily rate is $226.9, with peak rates of up to $257 in March. Occupancy rates average 55%, peaking at 77% in March. There are 495 active rentals, generating an average annual revenue of $45.6K. RevPAR stands at $136.2, with a higher weekend rate of $230. March is the best month for revenue. The submarket score is 59, and the population is 73,388. Home values average $348,818, with a notable increase over the past year. Neighborhoods like South Middle River and Lauderdale Manors are part of this area, offering diverse investment opportunities.
Fort Lauderdale Area 33311 Neighborhoods
- South Middle River: This neighborhood is actively working towards improvement and community strengthening, creating a vibrant local culture.
- Lauderdale Manors: Known for its affordability, it’s a growing area with increasing interest from new families and investors.
- Middle River Vista: Offers a suburban feel with a blend of different property types, appealing to a range of residents.
- Lake Aire Palm View / Dillard Park: Has diverse demographics and offers easy access to outdoor recreational spaces.
- Washington Park / Roosevelt Gardens: Characterized by its strong community bonds and residential focus.
- Westwood Park / John F Kennedy Estates: Quiet and primarily residential, suitable for those seeking a peaceful lifestyle.
- Browardale / Broward Estates: Steeped in history, this area has a close-knit community atmosphere.
- River Garden Sweeting Estate: Noted for its historic significance and well-established residential areas.
- Home Beautiful Park / Durrs: Features a variety of housing options, from traditional homes to newer developments.
- City View: An urban neighborhood with a mix of residential and commercial areas, offering a lively environment.
- Dorsey-Riverbend: Undergoing transformation, this historic neighborhood is attracting new development.
- Progresso Village: A mix of historic charm and modern development, it’s becoming increasingly popular.
- East Gate Park, Golf Estates, East Gate: These areas offer a serene, family-friendly environment, ideal for residential living.
- Rock Island: Diverse in both its community and housing options, known for active community involvement.
- Jenada Isles / City Center: Balances residential areas with commercial spaces, providing a mix of amenities.
Analyzing Potentials in Airbnb markets in Fort Lauderdale
The Airbnb markets in Fort Lauderdale offer unique investment potentials. Area 33334 provides moderate rates and a diverse range of neighborhoods suitable for families and leisure stays. Area 33301, with higher rates and annual revenues, appeals to a luxury market with neighborhoods like Victoria Park and Rio Vista. Area 33316, balancing strong demand and high weekend rates, is ideal for beachfront investments. Lastly, 33311, offering the most affordable investment options, attracts a wide range of guests due to its diverse neighborhoods and community focus.
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