for vacation rentals, short term rentals, and monthly executive rentals given its popularity both nationally and internationally. This popularity has experienced growth in recent years as more people choose to take short term and extended vacations in South Florida. Compared to other major population centers in the country, Lighthouse Point has a very favorable regulatory approach to vacation rentals due to the importance of tourism to its economy. The increase in remote work has also contributed to people choosing to spend more time in Lighthouse Point.
Lighthouse Point is one of the top short term rental markets in the nation for both investors and those who are home sharing. There is consistent demand throughout the year at high rates, and despite significant hotel competition, the occupancy rates are strong even in the low season. As the market grows, more professional operators are providing fully vacation rental property management serviced accommodations to provide guests with the comforts of a home combined with a hotel’s experience. There is also increasing demand for corporate rentals as many companies are setting up South Florida offices.
Lighthouse Point is among the least seasonal short term rental markets in the country due to its year round weather conditions and continuous leasure demand. However, during the winter months there is an increase in leisure travel demand both domestically and internationally. The high season begins at the beginning of the holiday season in December and continues until Memorial Day. There is also a drop in demand during the hurricane season, when occupancy rates are typically the lowest. Due to the increasing number of corporate guests and relocations to South Florida, many hosts have seen success doing longer stays during the hurricane season to maintain occupancy.
In the City of Lighthouse Point, a short term rental (STR) is a guest stay in a dwelling unit or group of units for periods of six months or less. Property owners must obtain an annual Transient Rental Certificate of Compliance for each dwelling unit to enable them to operate it as a STR. This Certificate for Transient Rentals is non-transferable. For any questions about the Lighthouse Point short term rental regulations or vacation rental license, you can visit the city’s website, or contact us.
Guestable has enabled Stephanie to rent out her home on Airbnb and other short term rental platforms without having to worry about day to day management.
Please provide more information about your rental property so we can provide you with a short term rental earnings estimate and a quote for our property management and Airbnb listing management services.
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