Airbnb Rules and Regulations in Cape Coral, Florida

As of 2024, the City of Cape Coral has implemented a set of regulations for short-term rentals, including those listed across different booking sites. Property owners must obtain a $100 annual business tax receipt and a $50 vacation rental registration to legally operate their short-term rentals. The city requires hosts to provide a local contact person, such as a co-host or property manager, available 24/7 to address any issues or complaints. Rentals must adhere to occupancy limits, with a maximum of two guests per bedroom plus two additional guests.

Quiet hours are enforced from 10 pm to 7 am, and all parking must be on-site. Hosts collect and remit the 6% Florida state sales tax and the 5% Lee County tourist development tax. Failure to comply with these regulations may result in fines of up to $500 per violation. The city aims to balance the rights of property owners with the need to maintain the quality of life for long-term residents through these rules.

Cape Coral Airbnb Market Data:

• Average Revenue – $63.1K per year
• Average Daily Rate – $314.5 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $175.9
• Average Home Prices – $392,059

1. Top Place to Invest in Cape Coral, Florida - Trafalgar

Trafalgar, a picturesque neighborhood in the heart of Cape Coral, has emerged as a top contender for starting new Airbnb investments. With its stunning waterfront views, easy access to amenities, and a growing reputation as a vacation hotspot, Trafalgar offers a unique blend of relaxation and convenience that appeals to both short-term renters and savvy investors.

Trafalgar Airbnb Market Data:

• Average Revenue – $57.2K per year
• Average Daily Rate – $290.3 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $157.7

Convenience - 8/10

One of Trafalgar's greatest strengths is its prime location. Situated just minutes from the Cape Coral Parkway, this neighborhood offers quick access to a wide array of shopping, dining, and entertainment options. Everything you need, from grocery stores to top-rated restaurants, is within easy reach, making it an ideal base for short-term renters looking to explore the area.

Tourist Attractions - 7/10

While Trafalgar itself is primarily a residential area, its proximity to popular tourist destinations is a major draw. Just a short drive away, visitors can enjoy the sun-drenched beaches of Fort Myers and Sanibel Island or explore the vibrant downtown scene of Cape Coral. The nearby Yacht Club Community Park offers a host of recreational activities, from swimming and fishing to picnicking and boat launches.

Things to Do - 7/10

Trafalgar's waterfront location opens up a world of possibilities for outdoor enthusiasts and those looking for a fitness-focused getaway. The neighborhood's canals provide ample opportunities for kayaking, paddle boarding, and fishing, while the nearby Rotary Park Environmental Center offers hiking trails and wildlife spotting. For those looking to unwind, the Coral Oaks Golf Course and the Cape Coral Racquet Club are just a stone's throw away.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Trafalgar stands at $475,000, reflecting a steady 4.2% appreciation rate over the past year. While prices are slightly higher than the Cape Coral average, the neighborhood's desirable location and amenities justify the investment for those looking to capitalize on the short-term rental market. With a strong demand for vacation rentals in the area, investors can expect a healthy return on their investment.

Proximity to Work-Related Travel - 6/10

Trafalgar's location in the heart of Cape Coral makes it a convenient base for work-related travel. The neighborhood is just a 20-minute drive from the Southwest Florida International Airport and the bustling business districts of Fort Myers. While it may not be as centrally located as some other areas, Trafalgar still offers a reasonable commute for those attending regional conferences or meetings.

X-Factor - 8/10

What sets Trafalgar apart is its unbeatable combination of waterfront living and urban convenience. The neighborhood's serene canals and lush landscaping create a tropical oasis that feels far removed from the hustle and bustle of city life, yet all the amenities of modern living are just minutes away. This unique blend of relaxation and accessibility makes Trafalgar a top choice for Airbnb investors looking to tap into the growing demand for luxury vacation rentals in Southwest Florida.

2. Top Place to Invest in Cape Coral, Florida - Pelican

Nestled along the picturesque canals of Cape Coral, the Pelican neighborhood has quickly become a sought-after destination for Airbnb investors. This tranquil waterfront community offers a perfect blend of natural beauty, recreational opportunities, and easy access to the city's vibrant amenities, making it an ideal location for short-term rental investments.

Pelican Airbnb Market Data:

• Average Revenue – $65.8K per year
• Average Daily Rate – $328 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $181.9

Convenience - 7/10

Pelican's central location within Cape Coral ensures that residents and visitors alike have convenient access to a wide range of amenities. From grocery stores and shopping centers to top-rated restaurants and entertainment venues, most essentials are just a short drive away. While the neighborhood itself is primarily residential, its proximity to major thoroughfares makes it easy to navigate the city and beyond.

Tourist Attractions - 8/10

One of Pelican's main draws is its abundance of natural attractions. The neighborhood's extensive canal system provides ample opportunities for fishing, kayaking, and boating, while the nearby Rotary Park Environmental Center offers hiking trails, wildlife viewing, and educational programs. Just a short drive away, visitors can enjoy the pristine beaches of Sanibel Island and Fort Myers, as well as a variety of cultural attractions and entertainment options.

Things to Do - 7/10

In addition to the outdoor recreational activities mentioned above, Pelican offers residents and visitors a range of leisure pursuits. The nearby Sun Splash Family Waterpark is a popular destination for families, while the Cape Coral Arts Studio provides classes and workshops for creative enthusiasts. Golf lovers will appreciate the proximity to several top-rated courses, including the Coral Oaks Golf Course and the Cape Royal Golf Club.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Pelican stands at $550,000, reflecting an impressive 6.5% appreciation rate over the past year. While prices are higher than the Cape Coral average, the neighborhood's prime waterfront location, stunning views, and access to amenities justify the investment for those looking to purchase a property to list on Airbnb.

Proximity to Work-Related Travel - 6/10

Pelican's location within Cape Coral provides reasonable access to work-related travel destinations. The neighborhood is approximately a 30-minute drive from the Southwest Florida International Airport and the business districts of Fort Myers. While it may not be the most centrally located option for frequent business travelers, Pelican still offers a manageable commute for those attending occasional meetings or conferences in the region.

X-Factor - 9/10

What truly sets Pelican apart is its unparalleled waterfront lifestyle. The neighborhood's extensive canal system creates a unique and serene atmosphere, where residents and visitors can enjoy breathtaking sunsets, water activities, and a strong sense of community. This laid-back, tropical ambiance, combined with the area's natural beauty and convenient access to amenities, makes Pelican an exceptional choice for Airbnb investors seeking to offer their guests a truly memorable vacation experience.

3. Top Place to Invest in Cape Coral, Florida - Yacht Club

The Yacht Club neighborhood, situated along the stunning Caloosahatchee River in Cape Coral, has emerged as a prime location for Airbnb investors. This vibrant waterfront community offers a perfect combination of luxury amenities, recreational opportunities, and easy access to the city's best attractions, making it an ideal choice for short-term rental investments.

Yacht Club Airbnb Market Data:

• Average Revenue – $69.7K per year
• Average Daily Rate – $334.9 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $193

Convenience - 8/10

Yacht Club's central location within Cape Coral ensures that residents and visitors have quick access to a wide range of amenities. Most essentials, from high-end restaurants and boutique shops to grocery stores and entertainment venues, are just a short walk or drive away. The neighborhood's well-maintained streets and excellent public transportation options make navigating the area easy and exploring the city's many offerings.

Tourist Attractions - 9/10

One of Yacht Club's primary draws is its proximity to a variety of tourist attractions. The neighborhood itself is home to the prestigious Cape Coral Yacht Club, which offers a private beach, a fishing pier, and a community pool. Just a short drive away, visitors can explore the historic Edison and Ford Winter Estates, the Sun Splash Family Waterpark, and the breathtaking Sanibel and Captiva Islands beaches.

Things to Do - 9/10

Yacht Club offers an abundance of recreational activities for residents and visitors alike. The neighborhood's riverfront location provides ample opportunities for boating, fishing, and water sports, while the nearby Yacht Club Community Park features tennis courts, a playground, and a dog park. Golf enthusiasts will appreciate the proximity to several top-rated courses, including the Royal Tee Country Club and the Cape Coral Executive Golf Course.

Average Home Prices - 9/10

According to Zillow data for 2024, the median home value in Yacht Club stands at $850,000, reflecting a remarkable 7.5% appreciation rate over the past year. While prices are significantly higher than the Cape Coral average, the neighborhood's luxurious waterfront properties, resort-style amenities, and prime location justify the investment for those seeking to attract high-end vacation renters.

Proximity to Work-Related Travel - 7/10

Yacht Club's location within Cape Coral provides reasonable access to work-related travel destinations. The neighborhood is approximately a 25-minute drive from the Southwest Florida International Airport and the business districts of Fort Myers. While it may not be the most centrally located option for frequent business travelers, Yacht Club still offers a manageable commute for those attending meetings or conferences in the region.

X-Factor - 10/10

Yacht Club's unrivaled blend of luxury, recreation, and waterfront living truly sets it apart. The neighborhood's stunning riverfront properties, resort-style amenities, and vibrant community atmosphere create an exceptional experience for both residents and visitors. This upscale, tropical lifestyle, combined with the area's convenient access to top-tier attractions and amenities, makes Yacht Club an unbeatable choice for Airbnb investors seeking to cater to discerning, high-end vacation renters.

4. Top Place to Invest in Cape Coral, Florida - Coral Oaks

Coral Oaks, a charming golf course community in the heart of Cape Coral, has quickly become a top contender for Airbnb investors seeking a profitable and attractive location. This well-established neighborhood offers a perfect blend of tranquility, convenience, and recreational opportunities, making it an ideal choice for short-term rental investments.

Coral Oaks Airbnb Market Data:

• Average Revenue – $59.3K per year
• Average Daily Rate – $301.1 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $164.2

Convenience - 7/10

Coral Oaks' central location within Cape Coral ensures that residents and visitors have easy access to a variety of amenities. From grocery stores and shopping centers to restaurants and entertainment venues, most essentials are just a short drive away. The neighborhood's well-maintained streets and proximity to major thoroughfares make navigating the city and exploring its many offerings easy.

Tourist Attractions - 6/10

While Coral Oaks itself is primarily a residential community, its location provides convenient access to several popular tourist attractions. Just a short drive away, visitors can explore the Sun Splash Family Waterpark, the Rotary Park Environmental Center, and the historic Cape Coral Museum of History. The stunning beaches of Fort Myers and Sanibel Island are also within easy reach, offering a perfect day trip opportunity for beach lovers.

Things to Do - 8/10

Coral Oaks' main draw is its championship golf course, which offers a challenging and beautifully landscaped 18-hole layout. The community also features a clubhouse with a pro shop, restaurant, and bar, providing a perfect spot for post-round relaxation. In addition to golf, residents and visitors can enjoy the neighborhood's walking trails, community pool, and tennis courts. The nearby Coral Oaks Park offers a playground, picnic areas, and open green spaces for outdoor activities.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Coral Oaks stands at $450,000, reflecting a steady 4% appreciation rate over the past year. While prices are slightly higher than the Cape Coral average, the neighborhood's well-maintained homes, golf course views, and resort-style amenities justify the investment for those looking to attract golf enthusiasts and families seeking a relaxing vacation experience.

Proximity to Work-Related Travel - 6/10

Coral Oaks' location within Cape Coral provides reasonable access to work-related travel destinations. The neighborhood is approximately a 30-minute drive from the Southwest Florida International Airport and the business districts of Fort Myers. While it may not be the most centrally located option for frequent business travelers, Coral Oaks still offers a manageable commute for those attending meetings or conferences in the region.

X-Factor - 8/10

What sets Coral Oaks apart is its unique blend of golf course living and community atmosphere. The neighborhood's beautifully landscaped homes, resort-style amenities, and tranquil setting create a perfect escape for golf enthusiasts and families seeking a relaxing vacation. This laid-back yet active lifestyle, combined with the area's convenient access to local attractions and amenities, makes Coral Oaks a strong choice for Airbnb investors looking to cater to a specific niche of vacation renters.

5. Top Place to Invest in Cape Coral, Florida - Coral Lakes

Coral Lakes, a picturesque lakefront community in the southwest region of Cape Coral, has emerged as a promising location for Airbnb investors. This tranquil neighborhood offers a perfect combination of natural beauty, recreational opportunities, and easy access to the city's amenities, making it an attractive choice for launching new short-term rental businesses.

Coral Lakes Airbnb Market Data:

• Average Revenue – $55.5K per year
• Average Daily Rate – $266.7 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $151.5

Convenience - 6/10

While Coral Lakes is primarily a residential community, its location within Cape Coral provides reasonable access to essential amenities. Grocery stores, shopping centers, and restaurants are just a short drive away, ensuring that residents and visitors can easily obtain necessities. However, the neighborhood's distance from the city center may be a slight drawback for those seeking immediate access to a wide range of services and entertainment options.

Tourist Attractions - 5/10

Coral Lakes itself is not a major tourist destination, but its proximity to several natural attractions makes it an appealing base for outdoor enthusiasts. The nearby Matlacha Pass Aquatic Preserve offers excellent opportunities for fishing, kayaking, and birdwatching. The Sun Splash Family Waterpark and the Four Mile Cove Ecological Preserve are also within a reasonable driving distance, providing additional options for day trips and family-friendly activities.

Things to Do - 7/10

Coral Lakes' main attraction is its serene lakefront setting, which offers residents and visitors a chance to enjoy a variety of water-based activities. The community features a private beach, fishing pier, and boat ramp, allowing easy access to the lake for swimming, fishing, and boating. The neighborhood also has a community pool, tennis courts, and walking trails, providing additional recreational opportunities for those looking to stay active during their stay.

Average Home Prices - 6/10

According to Zillow data for 2024, the median home value in Coral Lakes stands at $400,000, reflecting a modest 3.5% appreciation rate over the past year. While prices are generally in line with the Cape Coral average, the neighborhood's lakefront properties may command a slightly higher premium. Investors should carefully consider the potential rental income and occupancy rates when evaluating the viability of a rental investment in this area, which is where short-term rental calculators can come in handy.

Proximity to Work-Related Travel - 5/10

Coral Lakes' location in the southwest region of Cape Coral may not be the most convenient for work-related travel. The neighborhood is approximately a 40-minute drive from the Southwest Florida International Airport and the business districts of Fort Myers. While this distance may not be a significant deterrent for leisure travelers, it could be a consideration for those planning to cater to business travelers or attend frequent meetings in the region.

X-Factor - 7/10

What sets Coral Lakes apart is its tranquil lakefront setting and laid-back community atmosphere. The neighborhood's stunning lake views, recreational amenities, and natural surroundings create a perfect escape for those seeking a peaceful and relaxing vacation. This serene, nature-oriented lifestyle, combined with the area's relative affordability and proximity to outdoor attractions, makes Coral Lakes an intriguing option for Airbnb investors looking to target a specific niche of vacation renters seeking a quiet, lakeside getaway.