Airbnb Rules and Regulations in Tampa, Florida

As of 2024, Tampa has established a set of guidelines for short-term rentals, ensuring a balance between the interests of hosts, guests, and the local community. Hosts must obtain a vacation rental license from the Florida Department of Business and Professional Regulation (DBPR) and a general business license from both the state and county. Short-term rentals, defined as stays of 7 nights or less, are permitted in designated residential and commercial zones. Hosts must adhere to occupancy limits, with a maximum of two people per bedroom plus two additional guests per property. Noise ordinances and parking regulations are strictly enforced.

Hosts are required to have a local contact, such as a co-host, available to respond to any issues within a specified timeframe. The state has the authority to regulate various aspects of vacation rentals, such as advertising, registration, and more. While some grandfathered local ordinances remain in effect, the state aims to create a more uniform set of regulations across Florida. Hosts should stay informed about the evolving legal landscape and comply with all applicable laws to ensure a successful and responsible short-term rental operation in Tampa.

Tampa Airbnb Market Data:

• Average Revenue – $23K per year
• Average Daily Rate – $142 per night
• Average Occupancy Rate – 56%
• Average RevPAR – $77.8
• Average Home Prices – $375,241

1. Top Place to Invest in Tampa, Florida - Ybor City

Ybor City, a historic neighborhood in Tampa, Florida, is a vibrant and culturally rich area that has become increasingly popular among Airbnb investors. With its unique blend of history, entertainment, and proximity to key locations, Ybor City offers a compelling investment opportunity for those looking to capitalize on the growing short-term rental market.

Ybor City Airbnb Market Data:

• Average Revenue – $28.7K per year
• Average Daily Rate – $151 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $88.9

Convenience - 8/10

Ybor City's central location makes it a convenient choice for both residents and visitors. The neighborhood is well-connected to major highways and public transportation, allowing for easy access to other parts of Tampa and beyond. The abundance of local amenities, such as grocery stores, pharmacies, and banks, further enhances the area's convenience factor.

Tourist Attractions - 9/10

Known for its rich Cuban heritage, Ybor City boasts a plethora of tourist attractions that draw visitors from around the world. The historic 7th Avenue, lined with cobblestone streets and vintage lampposts, is home to an array of shops, art galleries, and restaurants serving authentic Cuban cuisine. The Ybor City Museum State Park offers a glimpse into the neighborhood's fascinating past, while the lively nightlife scene keeps visitors entertained well into the night.

Things to Do - 8/10

Ybor City offers a wide range of activities for residents and tourists alike. From exploring the colorful murals and street art to attending festivals like the famous Ybor City Cigar Heritage Festival, there's never a dull moment in this vibrant neighborhood. The area also features numerous parks, including the scenic Centennial Park, which hosts various community events throughout the year.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Ybor City stands at $350,000, representing a 6.5% appreciation rate over the past year. While prices have risen steadily, the neighborhood still offers relatively affordable options compared to other popular areas in Tampa. The diverse housing stock, ranging from historic bungalows to modern condominiums, provides investors with a variety of options to suit their budgets and preferences.

Proximity to Work-Related Travel - 9/10

Ybor City's strategic location makes it ideal for a corporate rental because of all the work-related travelers in the area. The neighborhood is just a short drive from the Tampa Convention Center, which hosts numerous conferences and events throughout the year. Additionally, the nearby Tampa General Hospital and the University of South Florida draw a steady stream of visitors, further boosting the demand for short-term rentals in the area.

X-Factor - 9/10

What sets Ybor City apart is its unparalleled charm and character. The neighborhood's rich history, architectural beauty, and vibrant cultural scene create a unique atmosphere that captivates visitors and keeps them coming back. From the aroma of hand-rolled cigars to the lively sounds of Latin music, Ybor City offers an immersive experience that simply can't be found elsewhere in Tampa.

2. Top Place to Invest in Tampa, Florida - Riverbend

Nestled along the Hillsborough River, Riverbend is a charming and tranquil neighborhood in Tampa, Florida. With its picturesque setting, convenient location, and growing popularity among tourists and locals alike, Riverbend has emerged as an attractive option for establishing an Airbnb, perfect for investors seeking to capitalize on the area's potential.

Riverbend Airbnb Market Data:

• Average Revenue – $22.5K per year
• Average Daily Rate – $130.2 per night
• Average Occupancy Rate – 56%
• Average RevPAR – $72.9

Convenience - 7/10

Riverbend's proximity to major highways, such as I-75 and I-4, ensures easy access to other parts of Tampa and the surrounding areas. The neighborhood is also well-served by public transportation, with several bus routes connecting it to downtown Tampa and other key destinations. While the area lacks some amenities compared to more urban neighborhoods, it still offers a decent selection of grocery stores, restaurants, and other essential services.

Tourist Attractions - 6/10

Although Riverbend may not boast the same level of tourist attractions as some other Tampa neighborhoods, it still has its fair share of appealing features. The Hillsborough River, which winds through the area, offers opportunities for kayaking, fishing, and scenic walks along the riverfront. The nearby Lettuce Lake Park is a popular spot for hiking, birdwatching, and picnicking, drawing nature enthusiasts from across the region.

Things to Do - 6/10

Riverbend's laid-back atmosphere and natural beauty provide a welcome respite from the hustle and bustle of city life. Residents and visitors can enjoy a range of outdoor activities, such as golfing at the Riverbend Golf Club or exploring the local farmers' market. The neighborhood also hosts several community events throughout the year, including the annual Riverbend Art Festival, which showcases the work of local artists and craftspeople.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Riverbend stands at $320,000, representing a modest 3.2% appreciation rate over the past year. This relatively stable price point, combined with the neighborhood's growing popularity, makes it an attractive option for investors seeking a balance between affordability and potential returns. The area offers a mix of single-family homes, townhouses, and condominiums, catering to a variety of investor preferences and budgets.

Proximity to Work-Related Travel - 5/10

While Riverbend may not be as centrally located as some other Tampa neighborhoods, it still offers reasonable access to key work-related destinations. The Tampa Convention Center and the Tampa General Hospital are both within a 20-30 minute drive, depending on traffic conditions. However, the neighborhood's distance from these venues may be a slight drawback for investors targeting business travelers or medical professionals.

X-Factor - 7/10

Riverbend's unique selling point lies in its tranquil, riverfront setting and strong sense of community. The neighborhood's lush green spaces, winding river, and friendly atmosphere create a welcoming environment that appeals to both short-term renters and long-term residents. As more people seek out quieter, nature-oriented getaways, Riverbend's charm and beauty are likely to continue attracting visitors and driving demand for Airbnb rentals in the area.

3. Top Place to Invest in Tampa, Florida - Courier City-Oscawana

Nestled in the heart of South Tampa, Courier City-Oscawana is an eclectic neighborhood that seamlessly blends historic charm with modern convenience. This hidden gem has been steadily gaining popularity as a prime location to start a short-term rental business, thanks to its diverse housing options, and unique local flavor.

Courier City-Oscawana Airbnb Market Data:

• Average Revenue – $32.2K per year
• Average Daily Rate – $183.4 per night
• Average Occupancy Rate – 63%
• Average RevPAR – $113.4

Convenience - 8/10

One of Courier City-Oscawana's greatest strengths is its convenience. Situated just minutes from downtown Tampa and major highways, this neighborhood offers easy access to the city's top attractions, businesses, and transportation hubs. Residents enjoy a walkable.

Tourist Attractions - 6/10

While Courier City-Oscawana may not boast the same high-profile tourist attractions as some other Tampa neighborhoods, it still has plenty to offer visitors. The area's proximity to Bayshore Boulevard, Hyde Park Village, and SoHo provides guests with a wealth of dining, shopping, and entertainment options. Additionally, the neighborhood's historic bungalows and tree-lined streets create a charming atmosphere that appeals to travelers seeking an authentic Tampa experience.

Things to Do - 7/10

Courier City-Oscawana's central location puts residents and visitors just a short drive or ride-share away from Tampa's top attractions, including Busch Gardens, the Florida Aquarium, and Ybor City. Closer to home, the neighborhood offers a variety of local parks, community events, and unique eateries that showcase the area's diverse culture.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Courier City-Oscawana is $450,000, representing a stable year-over-year trend. While higher than some other Tampa neighborhoods, this price point reflects the area's desirable location and growing popularity among buyers and renters alike. Investors can expect to find a mix of historic bungalows, mid-century homes, and modern condominiums, catering to a range of budgets and preferences.

Proximity to Work-Related Travel - 9/10

Courier City-Oscawana's strategic location makes it an ideal base for business travelers and medical professionals. The neighborhood is just a short drive from the Tampa Convention Center, Tampa General Hospital, and the University of South Florida. Additionally, its proximity to downtown Tampa and major highways ensures easy access to the city's key employment centers.

X-Factor - 8/10

What sets Courier City-Oscawana apart is its unique blend of history, diversity, and community spirit. The neighborhood's eclectic mix of architectural styles, from 1920s bungalows to modern apartments, creates a visually striking and inviting atmosphere. Moreover, the area's tight-knit community and regular events, such as the annual Oscawana Block Party, foster a sense of belonging that appeals to both residents and visitors alike.

4. Top Place to Invest in Tampa, Florida - Carver City-Lincoln Gardens

Nestled near the heart of Tampa, Carver City-Lincoln Gardens is an up-and-coming neighborhood that offers a unique blend of history, convenience, and potential for Airbnb investors. This family-friendly community boasts clean streets, a peaceful atmosphere, and a prime location, making it an attractive option for short-term rental investments.

Carver City-Lincoln Gardens Airbnb Market Data:

• Average Revenue – $23K per year
• Average Daily Rate – $143.8 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $75.5

Convenience - 8/10

Carver City-Lincoln Gardens' central location is one of its greatest assets. Situated close to major highways like I-275 and just minutes from the Tampa International Airport, this neighborhood provides easy access to all Tampa offers. Public transportation serves the area, but most residents find having a car the most convenient way to get around.

Tourist Attractions - 6/10

While Carver City-Lincoln Gardens itself may not be a major tourist destination, its proximity to popular attractions makes it an appealing choice for Airbnb guests. The famous Henry B. Plant Museum, known for its stunning architecture and fascinating exhibits, is just a short drive away. Visitors can also easily access other Tampa highlights, such as Busch Gardens and the Florida Aquarium.

Things to Do - 7/10

Carver City-Lincoln Gardens offers a variety of local amenities and activities for residents and visitors alike. The neighborhood features several parks, including the Carver City Park, which has a playground, basketball courts, and a community center. Foodies will appreciate the mix of chain restaurants and local eateries in the area, like the popular Foodys Tampa, known for its delicious breakfast options and unique creations like the French Toast Burger.

Average Home Prices - 8/10

According to Zillow data, the median home value in Carver City-Lincoln Gardens was $405,000 in 2024, representing a modest appreciation rate of 2.5% over the previous year. This relatively affordable price point and the neighborhood's growing popularity make it an attractive option for Airbnb investors looking to enter the Tampa market without breaking the bank.

Proximity to Work-Related Travel - 9/10

Carver City-Lincoln Gardens' strategic location makes it an ideal base for business travelers and those attending events at nearby venues. The Tampa Convention Center is just a short drive away, as are several major hospitals, including Tampa General Hospital. The neighborhood's proximity to the airport makes it a convenient choice for travelers seeking to minimize their commute time.

X-Factor - 8/10

What sets Carver City-Lincoln Gardens apart is its strong sense of community and its potential for growth. As more investors discover this hidden gem, the neighborhood is poised for revitalization and increased property values. The area's rich history and diverse population contribute to its unique character, making it an appealing choice for Airbnb guests seeking an authentic Tampa experience.

5. Top Place to Invest in Tampa, Florida - Channel District

Nestled in the heart of downtown Tampa, the Channel District is a vibrant, up-and-coming neighborhood that offers a unique blend of urban living and waterfront charm. This bustling area has undergone a significant revitalization in recent years, making it an attractive location for a new short-term rental with strong growth potential.

Channel District Airbnb Market Data:

• Average Revenue – $30.8K per year
• Average Daily Rate – $171.2 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $106.5

Convenience - 9/10

One of the Channel District's greatest strengths is its unbeatable convenience. Situated just steps away from Tampa's downtown core, this neighborhood offers easy access to major highways, public transportation, and the Tampa Riverwalk. Residents and visitors alike can enjoy a walkable lifestyle, with a wide array of amenities, including grocery stores, restaurants, and entertainment venues, all within reach.

Tourist Attractions - 8/10

The Channel District boasts an impressive lineup of tourist attractions that draw visitors from far and wide. The Florida Aquarium, a world-class marine education and conservation facility, is a major highlight, offering interactive exhibits and unique experiences like swimming with sharks. Other notable attractions include the Amalie Arena, home to the NHL's Tampa Bay Lightning, and the American Victory Ship and Museum, which showcases Tampa's rich maritime history.

Things to Do - 8/10

From outdoor adventures to cultural pursuits, the Channel District offers diverse activities to suit every taste. Visitors can explore the Tampa Riverwalk, a 2.6-mile waterfront promenade that connects the neighborhood to downtown and beyond. Foodies will delight in the eclectic dining scene, with options ranging from casual eateries to upscale restaurants. The district also hosts numerous local events which bring new visitors throughout the year, including live music performances, art festivals, and holiday celebrations.

Average Home Prices - 7/10

According to Zillow data, the median home value in the Channel District was $565,000 in November 2023, representing a 1.7% decrease compared to the previous year. While prices have experienced a slight dip, the neighborhood's prime location and ongoing development projects suggest strong potential for long-term appreciation. Investors can find a mix of high-rise condominiums and townhouses, with prices varying based on factors such as square footage, amenities, and views.

Proximity to Work-Related Travel - 9/10

The Channel District's strategic location makes it an ideal base for business travelers and convention-goers. The Tampa Convention Center is just a short walk or trolley ride away, while the Tampa International Airport is easily accessible via highway. The neighborhood's proximity to major hospitals, such as Tampa General Hospital, also makes it a convenient choice for medical professionals and patients' families.

X-Factor - 9/10

What sets the Channel District apart is its unparalleled combination of urban energy and waterfront ambiance. The neighborhood's stunning views of the Garrison Channel and Ybor Channel create a unique sense of place, while its rich history and industrial-chic aesthetic add character and charm. With major developments like Water Street Tampa underway, the Channel District is poised for even greater growth and transformation in the coming years.