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Airbnb City Guide: The Best Places To Invest in Spring Hill, Florida

Brown Fabric Sectional Sofa in a living room

Airbnb Rules and Regulations in Spring Hill, Florida

As of 2024, Spring Hill, Florida, has implemented a comprehensive set of regulations for short-term rentals, including Airbnb properties, to ensure a balance between the interests of hosts, guests, and the local community. Hosts are required to obtain a Short-Term Rental Certificate from the Hernando County Planning Department and comply with all applicable zoning, building, and fire safety codes. Additionally, properties must adhere to occupancy limits based on the number of bedrooms, with a maximum of two guests per bedroom plus two additional guests. Hosts are responsible for collecting and remitting the Hernando County Tourist Development Tax, which is currently set at 5%.

To maintain neighborhood tranquility, quiet hours are enforced from 10:00 PM to 7:00 AM, and all parking must be accommodated on-site. Hosts must provide a local contact person, such as a property manager or co-host, who can respond to any issues within one hour. Failure to comply with these regulations may result in fines, penalties, or the revocation of the Short-Term Rental Certificate. By adhering to these rules, Airbnb hosts in Spring Hill can contribute to a thriving and sustainable tourism industry while preserving the quality of life for local residents.

Spring Hill Airbnb Market Data:

  • Average Revenue – $66.7 K per year
  • Average Daily Rate – $304.5 per night
  • Average Occupancy Rate – 60%
  • Average RevPAR – $182.1
  • Average Home Prices – $316,029

1. Top Place to Invest in Spring Hill, Florida - Bayport Park

Nestled along the Gulf of Mexico, Bayport Park in Spring Hill, Florida, has emerged as a hidden gem for those starting a short-term rental business. This recently renovated and expanded park offers a unique blend of natural beauty, outdoor activities, and a growing demand for coastal accommodations, making it an attractive destination for savvy investors looking to capitalize on the booming vacation rental market.

Bayport Park Airbnb Market Data:

  • Average Revenue – $76.5K per year
  • Average Daily Rate – $349.4 per night
  • Average Occupancy Rate – 60%
  • Average RevPAR – $207.5

Convenience - 6/10

While Bayport Park itself may not offer a wide range of amenities, its proximity to Spring Hill provides easy access to essential services. Visitors can find grocery stores, restaurants, and gas stations within a short drive from the park. However, guests may need to venture into nearby cities like Brooksville or Tampa for more extensive shopping and dining options.

Tourist Attractions - 8/10

Bayport Park's prime location on the Gulf of Mexico is its main draw for tourists. The park features a 144-foot scenic boardwalk along the coastline, offering stunning views of the Gulf and opportunities for wildlife spotting. The recently upgraded boat ramp and fishing pier attract water enthusiasts, while the nature trails and picnic areas provide a serene setting for outdoor relaxation.

Things to Do - 7/10

Outdoor enthusiasts will find plenty to keep them busy at Bayport Park. Fishing, boating, and kayaking are popular activities, thanks to the park's direct access to the Gulf of Mexico. The nature trails offer a chance to explore the coastal ecosystem, while the picnic shelters and pavilions provide a perfect setting for family gatherings or romantic sunset dinners.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Spring Hill is $320,000, with a 4.9% year-over-year appreciation rate. While prices may be higher than in some other areas in Florida, Spring Hill's growing popularity as a tourist destination and its proximity to the Gulf Coast make it an attractive investment opportunity for Airbnb investors. The area offers a range of properties, from single-family homes to waterfront condos, catering to various investment strategies and budgets.

Proximity to Work-Related Travel - 5/10

Bayport Park's location may not be the most convenient for work-related travel. The nearest hospital is about 10 miles away in Brooksville, while the closest convention center and sports venue are located in Tampa, approximately an hour's drive from the park. However, the area's natural beauty and laid-back atmosphere could appeal to remote workers seeking a peaceful and inspiring workspace.

X-Factor - 8/10

What sets Bayport Park apart is its unique combination of coastal charm and natural beauty. The recent renovations and expansions have transformed the park into a hidden gem on the Gulf Coast, offering visitors a chance to escape the crowds and enjoy a more intimate connection with nature. As more travelers seek out off-the-beaten-path experiences and secluded getaways, Bayport Park is poised to become an increasingly popular destination for Airbnb guests looking to unwind and recharge in a stunning coastal setting.

2. Top Place to Invest in Spring Hill, Florida - Veterans Memorial Park

Veterans Memorial Park, located in the heart of Spring Hill, Florida, is quickly gaining attention as a promising investment opportunity for Airbnb and short-term rental investors. This well-maintained park, dedicated to honoring local veterans, offers a unique blend of community spirit, recreational activities, and a growing demand for accommodations in the area.

Veterans Memorial Park Airbnb Market Data:

  • Average Revenue – $56.1K per year
  • Average Daily Rate – $240.2 per night
  • Average Occupancy Rate – 64%
  • Average RevPAR – $152

Convenience - 7/10

Veterans Memorial Park's central location in Spring Hill provides easy access to a wide range of amenities. Visitors can find grocery stores, restaurants, and shopping centers within a short drive from the park. The nearby Suncoast Parkway and US-19 offer convenient access to other parts of the Tampa Bay area, making it an ideal base for exploring the region.

Tourist Attractions - 6/10

While Veterans Memorial Park may not be a major tourist attraction, it offers a peaceful and well-maintained space for visitors to enjoy. The park features a memorial wall honoring local veterans, a walking trail, and a playground for children. Its proximity to other attractions in the area, such as Weeki Wachee Springs State Park and the Brooksville Quarry Golf Course, adds to its appeal as a convenient home base for tourists.

Things to Do - 6/10

Veterans Memorial Park provides a variety of recreational activities for visitors to enjoy. The walking trail is perfect for a morning jog or a leisurely stroll, while the playground offers a fun space for children to play. The park also hosts community events throughout the year, such as the annual Veterans Day ceremony and the Spring Hill Arts & Crafts Festival, which attract both locals and visitors alike.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Spring Hill is $320,000, with a 4.9% year-over-year appreciation rate. This relatively affordable price point, combined with the area's growing popularity among tourists and retirees, makes it an attractive investment opportunity for Airbnb investors. The neighborhoods surrounding Veterans Memorial Park offer a range of properties, from single-family homes to duplexes and townhouses, catering to various investment strategies and budgets.

Proximity to Work-Related Travel - 6/10

Veterans Memorial Park's location in Spring Hill provides reasonable access to work-related travel destinations. The Bayfront Health Spring Hill Hospital is just a 5-minute drive from the park, while the Oak Hill Hospital is about 15 minutes away. The nearest convention center and sports venue are located in Tampa, approximately a 45-minute drive from Spring Hill, making it a feasible option for business travelers and event attendees.

X-Factor - 7/10

What sets Veterans Memorial Park apart is its strong sense of community and its dedication to honoring local veterans. The park's well-maintained facilities and family-friendly atmosphere create a welcoming environment for visitors, while its central location in Spring Hill makes it a convenient base for exploring the Tampa Bay area. As more travelers seek out authentic, community-oriented experiences, the neighborhoods surrounding Veterans Memorial Park are poised to become increasingly popular among Airbnb guests looking for a home away from home.

3. Top Place to Invest in Spring Hill, Florida - Berkeley Manor

Berkeley Manor, a well-established residential community in Spring Hill, Florida, is rapidly emerging as an attractive investment opportunity for Airbnb and short-term rental investors. With its convenient location, family-friendly atmosphere, and growing demand for accommodations in the area, Berkeley Manor offers a compelling prospect for those looking start an Airbnb rental to capitalize on the booming vacation rental market.

Berkeley Manor Airbnb Market Data:

  • Average Revenue – $52.8K per year
  • Average Daily Rate – $249.3 per night
  • Average Occupancy Rate – 58%
  • Average RevPAR – $145.6

Convenience - 8/10

Berkeley Manor's prime location in Spring Hill provides residents with easy access to a wide range of amenities. Grocery stores, restaurants, shopping centers, and medical facilities are all within a short drive, ensuring a comfortable and convenient stay for guests. The neighborhood's proximity to major highways, such as the Suncoast Parkway and US-19, also offers seamless connectivity to other parts of the Tampa Bay area.

Tourist Attractions - 6/10

While Berkeley Manor may not boast major tourist attractions, its location in Spring Hill is close to several popular destinations. Weeki Wachee Springs State Park, known for its underwater mermaid shows and natural springs, is just a short drive away. The Nature Coast Botanical Gardens & Nursery and the Bayport Park, with its scenic boardwalk and fishing pier, are also nearby, offering visitors a chance to explore the area's natural beauty.

Things to Do - 7/10

Berkeley Manor and its surrounding areas offer a variety of activities for visitors to enjoy. The neighborhood's well-maintained parks and walking trails provide opportunities for outdoor recreation, while the nearby Brooksville Quarry Golf Course caters to golf enthusiasts. Additionally, the community hosts several annual events, such as the Spring Hill Arts & Crafts Festival, which attract both locals and tourists alike.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Berkeley Manor is $320,000, which is in line with the overall Spring Hill market. This relatively affordable price point, combined with a 4.9% year-over-year appreciation rate, presents an attractive investment opportunity for Airbnb investors looking to enter the market without breaking the bank.

Proximity to Work-Related Travel - 7/10

Berkeley Manor's location in Spring Hill offers reasonable proximity to work-related travel destinations. The Bayfront Health Spring Hill Hospital is just a short drive away, while the Oak Hill Hospital is also within a 15-minute radius. The nearest convention center and sports venue are located in Tampa, approximately a 45-minute drive from the neighborhood, making it a viable option for business travelers and event attendees.

X-Factor - 8/10

Its strong sense of community and family-friendly atmosphere sets Berkeley Manor apart. The well-maintained homes, lush greenery, and quiet streets create a welcoming environment for visitors seeking a peaceful retreat. The neighborhood's convenient location and proximity to popular attractions make it an ideal base for exploring the Tampa Bay area. As more travelers seek out authentic, community-oriented experiences, Berkeley Manor is poised to become an increasingly popular destination for Airbnb guests looking for a home away from home.

4. Top Place to Invest in Spring Hill, Florida - Willow Sink

Willow Sink, a hidden gem nestled in the heart of Spring Hill, Florida, is rapidly emerging as a top investment destination for Airbnb and short-term rental investors. This unique community, built around a stunning natural sinkhole, offers a perfect blend of natural beauty, outdoor recreation, and a growing demand for unique accommodations.

Willow Sink Airbnb Market Data:

  • Average Revenue – $43.7K per year
  • Average Daily Rate – $203.1 per night
  • Average Occupancy Rate – 59%
  • Average RevPAR – $120.8

Convenience - 7/10

Willow Sink's location in Spring Hill provides residents with easy access to a wide range of amenities. Grocery stores, restaurants, and shopping centers are all within a short drive, ensuring guests' comfortable and convenient stay. The community's proximity to major highways, such as the Suncoast Parkway and US-19, also offers seamless connectivity to other parts of the Tampa Bay area.

Tourist Attractions - 8/10

Willow Sink itself is a major tourist attraction, boasting a breathtaking natural sinkhole that is a true marvel of nature. The sinkhole, surrounded by lush vegetation and towering cypress trees, offers visitors a chance to explore a unique geological formation and enjoy the area's serene beauty. Additionally, the community's proximity to other popular destinations, such as Weeki Wachee Springs State Park and the Nature Coast Botanical Gardens & Nursery, adds to its appeal as a tourist hotspot.

Things to Do - 8/10

Willow Sink and its surrounding areas offer a variety of activities for visitors to enjoy. The community's walking trails and nature preserves provide hiking, bird watching, and outdoor exploration opportunities. The nearby Bayport Park, with its scenic boardwalk and fishing pier, caters to water enthusiasts, while the Brooksville Quarry Golf Course offers a challenging golfing experience.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Willow Sink is $310,000, which is slightly lower than the overall Spring Hill market. This relatively affordable price point, combined with a 4.5% year-over-year appreciation rate, presents an attractive investment opportunity for Airbnb investors looking to enter the market without breaking the bank.

Proximity to Work-Related Travel - 6/10

Willow Sink's location in Spring Hill offers reasonable proximity to work-related travel destinations. The Bayfront Health Spring Hill hospital is just a short drive away, while the Oak Hill Hospital is also within a 15-minute radius. The nearest convention center and sports venue are located in Tampa, approximately a 45-minute drive from the community, making it a viable option for business travelers and event attendees.

X-Factor - 9/10

What sets Willow Sink apart is its unique natural beauty and the opportunity to experience a one-of-a-kind geological wonder. The stunning sinkhole, surrounded by lush vegetation and towering cypress trees, creates a serene and peaceful atmosphere that is sure to captivate visitors. Additionally, the community's commitment to preserving the natural environment and promoting outdoor recreation makes it an ideal destination for eco-conscious travelers seeking a unique and authentic experience. As more people seek out off-the-beaten-path adventures and nature-based getaways, Willow Sink is poised to become an increasingly popular destination for Airbnb guests looking to escape the hustle and bustle of everyday life.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.