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Airbnb City Guide: The Best Places To Invest in Bradenton, Florida
Written by:
Jeremy Werden
May 1, 2024
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Airbnb Rules and Regulations in Bradenton, Florida
In 2024, Bradenton, Florida, implemented a comprehensive set of short-term rental regulations to balance the interests of hosts, guests, and the local community. Hosts are required to register their properties with the city and obtain a Short-Term Rental Certificate before listing their homes on any rental platform. The registration process involves a safety inspection, proof of liability insurance, and the designation of a local contact person, such as a co-host or property manager, available 24/7. Occupancy limits are set based on the property's size and the number of bedrooms, with a maximum of two guests per bedroom plus two additional guests.
Quiet hours are enforced from 10 pm to 7 am to ensure the tranquility of residential neighborhoods. Hosts are also responsible for collecting and remitting the applicable Tourist Development Tax and Sales Tax to the city on a monthly basis. Non-compliance with these regulations may lead to fines, suspension, or revocation of the Short-Term Rental Certificate. By adhering to these rules, Airbnb hosts in Bradenton can provide a safe and enjoyable experience for their guests while contributing to the local economy and maintaining the quality of life for residents.
Bradenton Airbnb Market Data:
- Average Revenue – $63.5K per year
- Average Daily Rate – $294.9 per night
- Average Occupancy Rate – 59%
- Average RevPAR – $174.4
- Average Home Prices – $390,982
1. Top Place to Invest in Bradenton, Florida - Downtown
Nestled along the picturesque Manatee River, Downtown Bradenton offers a vibrant, charming atmosphere that blends history, culture, and modern amenities. This thriving urban center has become increasingly attractive to both residents and visitors, making it a prime location for Airbnb rental startups.
Downtown Airbnb Market Data:
- Average Revenue – $53.6K per year
- Average Daily Rate – $253.1 per night
- Average Occupancy Rate – 58%
- Average RevPAR – $148.5
Convenience - 9/10
One of Downtown Bradenton's greatest strengths is its exceptional convenience. The area boasts a wide array of shops, restaurants, cafes, and services, all within walking distance, creating a highly desirable live-work-play environment. The walkable streets and well-maintained sidewalks make it easy for residents and visitors to navigate the downtown area without relying on a car.
Tourist Attractions - 8/10
Downtown Bradenton offers a variety of attractions that cater to diverse interests. The South Florida Museum, which houses an aquarium, planetarium, and exhibits on local history, is a popular destination for families and curious minds. The Village of the Arts, a vibrant community of artists and craftspeople, features unique galleries, studios, and shops that showcase the area's creative spirit. The Riverwalk, a 1.5-mile linear park along the Manatee River, provides a scenic setting for outdoor recreation and community events.
Things to Do - 8/10
From cultural events to outdoor activities, Downtown Bradenton offers many things to do for residents and visitors alike. The Manatee Performing Arts Center hosts Broadway-style shows, concerts, and theatrical performances throughout the year. The Downtown Bradenton Farmers' Market, held every Saturday, features fresh produce, artisanal goods, and live entertainment. The Riverwalk is perfect for jogging, biking, or enjoying a picnic while enjoying the stunning river views.
Average Home Prices - 7/10
According to Zillow, the median home value in Downtown Bradenton as of 2024 is $385,000. This represents a 6.5% increase over the past year, indicating a strong and growing real estate market. While prices in Downtown Bradenton may be higher than in some surrounding areas, the area's prime location, amenities, and growing popularity make it an attractive investment opportunity with the potential for solid returns.
Proximity to Work-Related Travel - 8/10
Downtown Bradenton's central location makes it a convenient base for work-related travel. The area is home to several major employers, including the Manatee County Government and the Manatee County School District. Blake Medical Center, a 383-bed hospital, is just a short drive away. For those who need to travel further, the Sarasota-Bradenton International Airport is just a 20-minute drive from downtown, offering easy access to domestic and international destinations.
X-Factor - 9/10
Its unique blend of history, culture, and modern urban living sets Downtown Bradenton apart. The area's beautifully restored historic buildings, combined with contemporary amenities and a thriving arts scene, create a distinctive and appealing atmosphere that is hard to find elsewhere. The strong sense of community and the area's walkability and proximity to the Manatee River make Downtown Bradenton a highly desirable location for residents and visitors.
2. Top Place to Invest in Bradenton, Florida - Lakewood Ranch
Lakewood Ranch, a master-planned community situated just east of Bradenton, has emerged as one of the most sought-after residential destinations in the region. This meticulously designed community offers a perfect blend of modern amenities, scenic beauty, and a welcoming atmosphere, making it an excellent location for investors seeking to launch short-term rental businesses.
Lakewood Ranch Airbnb Market Data:
- Average Revenue – $52.8K per year
- Average Daily Rate – $226.2 per night
- Average Occupancy Rate – 64%
- Average RevPAR – $145.1
Convenience - 9/10
Lakewood Ranch boasts an unparalleled level of convenience, with a wide array of amenities and services located within the community itself. Residents have easy access to top-rated schools, state-of-the-art medical facilities, and numerous shopping and dining options. The community's well-maintained roads and trails make it easy to navigate, while its proximity to major highways ensures a smooth connection to the surrounding areas.
Tourist Attractions - 7/10
While Lakewood Ranch itself is primarily a residential community, its location puts it within easy reach of several popular tourist attractions. The world-renowned beaches of Anna Maria Island and Longboat Key are just a short drive away, offering pristine white sands and crystal-clear waters. The Sarasota Polo Club, located within Lakewood Ranch, draws visitors from around the globe during the polo season, adding a unique and exciting dimension to the area's appeal.
Things to Do - 8/10
Lakewood Ranch offers a plethora of recreational activities and events for residents and visitors alike. The community features numerous parks, lakes, and nature preserves, providing ample hiking, biking, fishing, and birdwatching opportunities. The Premier Sports Campus at Lakewood Ranch hosts a variety of sporting events and tournaments throughout the year, drawing athletes and spectators from far and wide. The community also boasts several golf courses, tennis courts, and fitness centers, catering to guests who have an active lifestyle.
Average Home Prices - 8/10
According to Zillow, the median home value in Lakewood Ranch as of 2024 is $550,000. This represents an impressive 8% increase over the past year, indicating a robust and growing real estate market. While prices in Lakewood Ranch may be higher than some surrounding areas, the community's high-quality amenities, desirable location, and strong demand make it an attractive investment opportunity for investors seeking to purchase a property to transform into an Airbnb.
Proximity to Work-Related Travel - 8/10
Lakewood Ranch's strategic location makes it a convenient base for work-related travel. The community is home to several major employers, including the Lakewood Ranch Medical Center and the FCCI Insurance Group. The Sarasota-Bradenton International Airport is just a 20-minute drive away, offering easy access to domestic and international destinations. Additionally, the nearby cities of Sarasota and Tampa provide a wide range of business and employment opportunities.
X-Factor - 9/10
What sets Lakewood Ranch apart is its commitment to creating a vibrant, inclusive, and sustainable community. The master-planned design ensures a harmonious blend of residential neighborhoods, commercial centers, and green spaces, fostering a strong sense of community and belonging. The community's dedication to environmental stewardship and its focus on health, wellness, and lifelong learning make it a highly desirable location for residents and visitors of all ages.
3. Top Place to Invest in Bradenton, Florida - Palma Sola
Palma Sola, a hidden gem in Bradenton, Florida, offers a perfect blend of natural beauty, outdoor recreation, and a laid-back lifestyle. This charming neighborhood, situated along the picturesque Palma Sola Bay, has become increasingly attractive to both residents and investors seeking a tranquil retreat with easy access to amenities.
Palma Sola Airbnb Market Data:
- Average Revenue – $79.3K per year
- Average Daily Rate – $368.3 per night
- Average Occupancy Rate – 59%
- Average RevPAR – $215.8
Convenience - 8/10
One of Palma Sola's greatest strengths is its convenient location. Nestled between Bradenton and Anna Maria Island, residents enjoy easy access to a wide range of amenities, including grocery stores, restaurants, and shops. The neighborhood's proximity to major highways, such as State Route 64 (Manatee Avenue West), ensures a smooth connection to surrounding areas, including Sarasota and Tampa Bay.
Tourist Attractions - 7/10
While Palma Sola itself is primarily a residential area, its location puts it within easy reach of several popular tourist attractions. The world-renowned beaches of Anna Maria Island, with their pristine white sands and crystal-clear waters, are just a short drive away. The Palma Sola Botanical Park, a 10-acre oasis filled with native and exotic plants, offers a tranquil escape for nature lovers.
Things to Do - 8/10
Palma Sola's location along the scenic Palma Sola Bay provides residents and visitors with ample opportunities for outdoor recreation. Fishing, kayaking, paddleboarding, and boating are popular activities in the bay's calm waters. The neighborhood's proximity to Robinson Preserve and the Palma Sola Causeway Park offers additional options for hiking, biking, and wildlife viewing.
Average Home Prices - 7/10
According to Zillow, Bradenton's median home value, including Palma Sola, was $376,000 as of 2024. This represents a 4.3% decrease compared to the previous year, indicating a slight cooling of the market. However, the neighborhood's desirable location and growing popularity among investors and second-home buyers suggest that prices may stabilize or appreciate in the coming years.
Proximity to Work-Related Travel - 7/10
Palma Sola's location within Bradenton provides relatively easy access to several work-related destinations. The Manatee Memorial Hospital and Blake Medical Center are both within a 15-minute drive, making the neighborhood attractive for healthcare professionals. The Bradenton Area Convention Center and the LECOM Park, home of the Pittsburgh Pirates spring training, are also easily accessible.
X-Factor - 9/10
Palma Sola's unparalleled natural beauty and laid-back lifestyle truly sets it apart. The neighborhood's stunning bayfront location, combined with its lush landscaping and well-maintained homes, creates an idyllic setting that is hard to find elsewhere. The strong sense of community and the area's proximity to outdoor recreation and urban amenities make Palma Sola a highly desirable location for residents and investors alike.
4. Top Place to Invest in Bradenton, Florida - Esplanade
Esplanade, a luxurious gated community in Bradenton, Florida, offers a resort-style living experience that seamlessly blends modern amenities, natural beauty, and a vibrant social atmosphere. This meticulously designed neighborhood has become increasingly attractive to both residents and investors seeking a high-end lifestyle with a strong sense of community.
Esplanade Airbnb Market Data:
- Average Revenue – $57.4K per year
- Average Daily Rate – $234.7 per night
- Average Occupancy Rate – 67%
- Average RevPAR – $162.1
Convenience - 8/10
Esplanade boasts a convenient location within Bradenton, providing residents with easy access to a wide range of amenities. The community is just minutes away from shopping centers, restaurants, and healthcare facilities, ensuring that residents have everything they need close at hand. The well-maintained roads and ample parking make it easy to navigate within the community and beyond.
Tourist Attractions - 6/10
While Esplanade itself is primarily a residential community, its location in Bradenton puts it within easy reach of several popular tourist attractions. The world-renowned beaches of Anna Maria Island and Longboat Key are just a short drive away, offering pristine white sands and crystal-clear waters. The nearby Riverwalk in Downtown Bradenton provides a scenic setting for outdoor recreation and community events.
Things to Do - 9/10
Esplanade offers a wide array of recreational activities and amenities for residents and visitors to enjoy. The community features a state-of-the-art fitness center, resort-style swimming pools, and tennis courts, catering to the active lifestyle of its residents. The beautifully landscaped walking trails and parks provide ample outdoor relaxation and socializing opportunities. The community also hosts regular events and gatherings, fostering a strong sense of camaraderie among neighbors.
Average Home Prices - 8/10
According to Zillow, the median home value in Esplanade as of 2024 is $650,000. This represents a 5% increase over the past year, indicating a stable and growing real estate market. While prices in Esplanade are higher than in some surrounding areas, the community's high-end amenities, desirable location, and strong demand make it an attractive investment opportunity with the potential for solid appreciation.
Proximity to Work-Related Travel - 7/10
Esplanade's location within Bradenton provides relatively easy access to several work-related destinations. The Manatee Memorial Hospital and Blake Medical Center are both within a 20-minute drive, making the community attractive for healthcare professionals. The Bradenton Area Convention Center and the LECOM Park, home of the Pittsburgh Pirates spring training, are also easily accessible.
X-Factor - 9/10
What sets Esplanade apart is its commitment to providing a luxurious, resort-style living experience to guests. The community's high-end amenities, beautifully designed homes, and meticulous landscaping create an atmosphere of sophistication and relaxation. The strong sense of community, fostered through regular events and gatherings, makes Esplanade a highly desirable location for residents and investors seeking a vibrant social atmosphere.
5. Top Place to Invest in Bradenton, Florida - Bayshore Gardens
Bayshore Gardens, a hidden gem in Bradenton, Florida, is a charming planned community that offers a unique blend of mid-century modern architecture, a convenient location, and a strong sense of community. This neighborhood has become increasingly attractive to both residents and investors seeking a peaceful retreat with easy access to amenities and recreational opportunities.
Bayshore Gardens Airbnb Market Data:
- Average Revenue – $43.4K per year
- Average Daily Rate – $224.5 per night
- Average Occupancy Rate – 53%
- Average RevPAR – $121.3
Convenience - 8/10
One of Bayshore Gardens' greatest strengths is its convenient location within Bradenton. The neighborhood is just minutes away from major highways, such as U.S. 41 and State Road 70, providing easy access to surrounding areas, including Sarasota and Tampa Bay. Residents can find a variety of shopping centers, restaurants, and essential services within a short drive, ensuring that they have everything they need close at hand.
Tourist Attractions - 6/10
While Bayshore Gardens itself is primarily a residential area, its location in Bradenton puts it within easy reach of several popular tourist attractions. The world-renowned beaches of Anna Maria Island and Longboat Key are just a short drive away, offering pristine white sands and crystal-clear waters. The South Florida Museum, located in downtown Bradenton, features an aquarium, planetarium, and exhibits on local history, making it a popular destination for families and curious minds.
Things to Do - 7/10
Bayshore Gardens offers a variety of recreational activities and amenities for residents and visitors to enjoy. The neighborhood features a marina, providing boating and fishing enthusiasts with access to the beautiful waters of Sarasota Bay. The community also boasts several parks and green spaces, perfect for picnics, walks, and outdoor activities. Additionally, the nearby Riverwalk in Downtown Bradenton offers a scenic setting for outdoor recreation and community events.
Average Home Prices - 7/10
According to Zillow, the typical home value in Bayshore Gardens as of 2024 is $248,567. This represents a 3.4% increase over the past year, indicating a stable and growing real estate market. While prices in Bayshore Gardens may be slightly lower than in some surrounding areas, the neighborhood's unique mid-century modern architecture and strong sense of community make it a promising location for investors looking to buy homes and transform them into Airbnbs.
Proximity to Work-Related Travel - 7/10
Bayshore Gardens' location within Bradenton provides relatively easy access to several work-related destinations. The Blake Medical Center, a major hospital, is just a 10-minute drive away, making the neighborhood attractive for healthcare professionals. The Bradenton Area Convention Center and the LECOM Park, home of the Pittsburgh Pirates spring training, are also easily accessible, providing opportunities for business and sports-related travel.
X-Factor - 8/10
What sets Bayshore Gardens apart is its unique mid-century modern architecture and a strong sense of community. The neighborhood's homes, many of which were built in the 1950s and 1960s, make for great historical properties that can be transformed into rentals. They feature the distinctive style of the era, with clean lines, open floor plans, and large windows that blur the line between indoor and outdoor living. This architectural heritage, combined with the community's active neighborhood association and regular events, creates a strong sense of place and belonging that is hard to find elsewhere.
⚡️
Reveal your property's rental profitability
Buy this property and list it on Airbnb.