Is Dania Beach, Florida Good for Airbnb Investment?

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Dania Beach, Florida Airbnb Investment Overview

Is Airbnb a Good Investment in Dania Beach, Florida?

Investing in Airbnb properties in Dania Beach, Florida, presents a compelling opportunity, primarily due to its strategic location and burgeoning tourism. Current market conditions in Dania Beach are characterized by a steady demand for short-term rentals, fueled by its proximity to Fort Lauderdale-Hollywood International Airport, Port Everglades, and popular attractions like the Dania Pointe shopping and entertainment complex, as well as its beautiful beaches. Tourism trends indicate consistent growth in visitor numbers, driving high occupancy rates for short-term accommodations throughout the year. Property values in Dania Beach have shown a consistent upward trajectory, making initial investments relatively high, but also offering significant potential for capital appreciation. The investment potential is further enhanced by the city's ongoing development and appeal as a convenient and attractive destination for both leisure and business travelers seeking alternatives to traditional hotels.

How Much Does an Average Airbnb Earn in Dania Beach?

Based on available market data and rental performance analytics, Airbnb properties in Dania Beach, Florida typically generate average monthly revenues ranging from $2,800 to $4,500 for one-bedroom units and $3,500 to $6,200 for two-bedroom properties, with luxury waterfront accommodations potentially earning $5,000 to $8,500 monthly. Seasonal variations show peak earnings during winter months (December through March) when revenues can increase by 40-60% above average due to snowbird migration and favorable weather, while summer months typically see 15-25% lower occupancy rates despite higher daily rates. Spring break periods and major events like boat shows significantly boost short-term demand and pricing power. Key factors affecting earnings include proximity to Fort Lauderdale-Hollywood International Airport (properties within 10 minutes command 20-30% premiums), beach access and ocean views (adding $50-100 per night), property amenities such as pools and parking, professional photography and listing optimization, dynamic pricing strategies, and competition density from the estimated 800-1,200 active short-term rentals in the greater Dania Beach area. Properties with consistent 4.8+ star ratings and superhosts status typically achieve occupancy rates of 70-85% compared to 45-65% for average listings, directly correlating with the higher end of revenue ranges.

Airbnb Return on Investment in Dania Beach

Airbnb investments in Dania Beach, Florida typically generate ROI between 8-15% annually, with higher-end waterfront properties near the beach achieving returns up to 18-22% during peak season months. The average payback period ranges from 6-9 years depending on property type and initial investment, with beachfront condos recovering costs faster at 5-7 years compared to inland single-family homes at 8-10 years. Short-term rental properties in Dania Beach generally outperform long-term rentals by 3-6 percentage points, as traditional rentals in the area yield approximately 5-9% ROI annually, though Airbnb investments require significantly higher operational involvement and carry greater vacancy risk during off-season periods from September through November when occupancy rates drop to 45-60% compared to peak winter months achieving 80-90% occupancy.

Average Airbnb Occupancy Rate in Dania Beach

Airbnb occupancy rates in Dania Beach, Florida typically average around 65-70% annually, with significant seasonal variations that peak during winter months from December through March when rates can reach 80-85% due to snowbird migration and favorable weather conditions. Summer months generally see lower occupancy rates of 55-65% despite being tourist season due to heat and humidity, while spring break periods in March and April often boost rates temporarily to 75-80%. Fall months typically experience the lowest occupancy at 50-60% as hurricane season concerns and less favorable weather impact demand. Dania Beach performs slightly above the Florida state average of approximately 60-65% for short-term rentals, benefiting from its proximity to Fort Lauderdale International Airport, Port Everglades cruise terminal, and popular beaches, while remaining competitive with national Airbnb averages of 48-52%. The city's occupancy rates are bolstered by its strategic location between Miami and Fort Lauderdale, access to major attractions, and relatively more affordable accommodation options compared to neighboring beach communities, though rates can fluctuate based on local events, cruise ship schedules, and broader economic conditions affecting travel demand.

Best Neighborhoods for Airbnb in Dania Beach

The best Airbnb investment neighborhoods in Dania Beach include the Dania Beach Marina area, which offers waterfront proximity and attracts boaters and fishing enthusiasts with strong pricing power due to limited waterfront inventory. The neighborhoods near Dania Beach Boulevard provide excellent accessibility to Fort Lauderdale-Hollywood International Airport, making them ideal for business travelers and tourists seeking convenient locations with moderate pricing and consistent demand. The areas close to John U. Lloyd Beach State Park capitalize on beach proximity and nature tourism, attracting families and outdoor enthusiasts willing to pay premium rates for beach access. Neighborhoods near the Dania Beach Pier and fishing areas draw anglers and water sports enthusiasts, offering specialized market appeal with good occupancy rates. The residential areas between Federal Highway and I-95 provide affordable investment opportunities with proximity to major transportation corridors, attracting budget-conscious travelers and longer-term stays. The neighborhoods near Dania Pointe shopping and entertainment complex benefit from retail and dining proximity, appealing to shopping tourists and business visitors with strong year-round demand. Finally, areas close to the Seminole Hard Rock Hotel and Casino attract gaming tourists and entertainment seekers, offering higher pricing power due to the entertainment district's draw and consistent visitor flow throughout the year.

Short-term Rental Regulations in Dania Beach

Short-term rental regulations in Dania Beach, Florida require property owners to obtain a business tax receipt and comply with the city's transient lodging ordinance, which typically mandates registration with the city clerk's office and payment of applicable fees ranging from $50-150 annually. Properties are generally limited to a maximum occupancy of two persons per bedroom plus two additional guests, with parking requirements of one space per bedroom. Owner-occupancy rules vary by zoning district, with some residential areas requiring the owner to be present during rentals or maintain primary residence status, while others allow non-owner-occupied rentals with additional restrictions. Zoning limitations typically restrict short-term rentals to specific residential districts (R-1, R-2) and commercial zones, with many single-family residential areas requiring conditional use permits or special exceptions. The registration process involves submitting applications with property details, insurance documentation, emergency contact information, and compliance with fire safety and building codes. Recent regulatory changes implemented around 2022-2023 have included stricter noise ordinances, enhanced penalty structures for violations, mandatory 24-hour local contact requirements, and increased inspection protocols, with the city also considering caps on the total number of short-term rental permits issued in certain neighborhoods to address community concerns about housing availability and neighborhood character preservation.

Short-term Rental Fees and Taxes in Dania Beach

Short-term rentals in Dania Beach, Florida are subject to multiple fees and taxes including Florida state sales tax at 6%, Broward County tourist development tax at 5%, and an additional local option tourist tax that can range from 1-2%. Property owners must obtain a business tax receipt from the city which typically costs between $25-50 annually, plus a short-term rental permit that ranges from $100-200 per year. The Florida Department of Revenue requires registration for sales tax collection at no cost, but operators must also register with the county tax collector. Additional costs may include a one-time zoning compliance verification fee of approximately $50-100, and some properties may require fire safety inspections costing $75-150. Resort tax collections can reach up to 13% total when combining all applicable taxes, and operators are responsible for remitting these taxes monthly or quarterly depending on volume, with late payment penalties of 10% plus interest at 1% per month.

Is Airbnb a Good Investment in Dania Beach, Florida?

Investing in Airbnb properties in Dania Beach, Florida, presents a compelling opportunity, primarily due to its strategic location and burgeoning tourism. Current market conditions in Dania Beach are characterized by a steady demand for short-term rentals, fueled by its proximity to Fort Lauderdale-Hollywood International Airport, Port Everglades, and popular attractions like the Dania Pointe shopping and entertainment complex, as well as its beautiful beaches. Tourism trends indicate consistent growth in visitor numbers, driving high occupancy rates for short-term accommodations throughout the year. Property values in Dania Beach have shown a consistent upward trajectory, making initial investments relatively high, but also offering significant potential for capital appreciation. The investment potential is further enhanced by the city's ongoing development and appeal as a convenient and attractive destination for both leisure and business travelers seeking alternatives to traditional hotels.

How Much Does an Average Airbnb Earn in Dania Beach?

Based on available market data and rental performance analytics, Airbnb properties in Dania Beach, Florida typically generate average monthly revenues ranging from $2,800 to $4,500 for one-bedroom units and $3,500 to $6,200 for two-bedroom properties, with luxury waterfront accommodations potentially earning $5,000 to $8,500 monthly. Seasonal variations show peak earnings during winter months (December through March) when revenues can increase by 40-60% above average due to snowbird migration and favorable weather, while summer months typically see 15-25% lower occupancy rates despite higher daily rates. Spring break periods and major events like boat shows significantly boost short-term demand and pricing power. Key factors affecting earnings include proximity to Fort Lauderdale-Hollywood International Airport (properties within 10 minutes command 20-30% premiums), beach access and ocean views (adding $50-100 per night), property amenities such as pools and parking, professional photography and listing optimization, dynamic pricing strategies, and competition density from the estimated 800-1,200 active short-term rentals in the greater Dania Beach area. Properties with consistent 4.8+ star ratings and superhosts status typically achieve occupancy rates of 70-85% compared to 45-65% for average listings, directly correlating with the higher end of revenue ranges.

Airbnb Return on Investment in Dania Beach

Airbnb investments in Dania Beach, Florida typically generate ROI between 8-15% annually, with higher-end waterfront properties near the beach achieving returns up to 18-22% during peak season months. The average payback period ranges from 6-9 years depending on property type and initial investment, with beachfront condos recovering costs faster at 5-7 years compared to inland single-family homes at 8-10 years. Short-term rental properties in Dania Beach generally outperform long-term rentals by 3-6 percentage points, as traditional rentals in the area yield approximately 5-9% ROI annually, though Airbnb investments require significantly higher operational involvement and carry greater vacancy risk during off-season periods from September through November when occupancy rates drop to 45-60% compared to peak winter months achieving 80-90% occupancy.

Average Airbnb Occupancy Rate in Dania Beach

Airbnb occupancy rates in Dania Beach, Florida typically average around 65-70% annually, with significant seasonal variations that peak during winter months from December through March when rates can reach 80-85% due to snowbird migration and favorable weather conditions. Summer months generally see lower occupancy rates of 55-65% despite being tourist season due to heat and humidity, while spring break periods in March and April often boost rates temporarily to 75-80%. Fall months typically experience the lowest occupancy at 50-60% as hurricane season concerns and less favorable weather impact demand. Dania Beach performs slightly above the Florida state average of approximately 60-65% for short-term rentals, benefiting from its proximity to Fort Lauderdale International Airport, Port Everglades cruise terminal, and popular beaches, while remaining competitive with national Airbnb averages of 48-52%. The city's occupancy rates are bolstered by its strategic location between Miami and Fort Lauderdale, access to major attractions, and relatively more affordable accommodation options compared to neighboring beach communities, though rates can fluctuate based on local events, cruise ship schedules, and broader economic conditions affecting travel demand.

Best Neighborhoods for Airbnb in Dania Beach

The best Airbnb investment neighborhoods in Dania Beach include the Dania Beach Marina area, which offers waterfront proximity and attracts boaters and fishing enthusiasts with strong pricing power due to limited waterfront inventory. The neighborhoods near Dania Beach Boulevard provide excellent accessibility to Fort Lauderdale-Hollywood International Airport, making them ideal for business travelers and tourists seeking convenient locations with moderate pricing and consistent demand. The areas close to John U. Lloyd Beach State Park capitalize on beach proximity and nature tourism, attracting families and outdoor enthusiasts willing to pay premium rates for beach access. Neighborhoods near the Dania Beach Pier and fishing areas draw anglers and water sports enthusiasts, offering specialized market appeal with good occupancy rates. The residential areas between Federal Highway and I-95 provide affordable investment opportunities with proximity to major transportation corridors, attracting budget-conscious travelers and longer-term stays. The neighborhoods near Dania Pointe shopping and entertainment complex benefit from retail and dining proximity, appealing to shopping tourists and business visitors with strong year-round demand. Finally, areas close to the Seminole Hard Rock Hotel and Casino attract gaming tourists and entertainment seekers, offering higher pricing power due to the entertainment district's draw and consistent visitor flow throughout the year.

Short-term Rental Regulations in Dania Beach

Short-term rental regulations in Dania Beach, Florida require property owners to obtain a business tax receipt and comply with the city's transient lodging ordinance, which typically mandates registration with the city clerk's office and payment of applicable fees ranging from $50-150 annually. Properties are generally limited to a maximum occupancy of two persons per bedroom plus two additional guests, with parking requirements of one space per bedroom. Owner-occupancy rules vary by zoning district, with some residential areas requiring the owner to be present during rentals or maintain primary residence status, while others allow non-owner-occupied rentals with additional restrictions. Zoning limitations typically restrict short-term rentals to specific residential districts (R-1, R-2) and commercial zones, with many single-family residential areas requiring conditional use permits or special exceptions. The registration process involves submitting applications with property details, insurance documentation, emergency contact information, and compliance with fire safety and building codes. Recent regulatory changes implemented around 2022-2023 have included stricter noise ordinances, enhanced penalty structures for violations, mandatory 24-hour local contact requirements, and increased inspection protocols, with the city also considering caps on the total number of short-term rental permits issued in certain neighborhoods to address community concerns about housing availability and neighborhood character preservation.

Short-term Rental Fees and Taxes in Dania Beach

Short-term rentals in Dania Beach, Florida are subject to multiple fees and taxes including Florida state sales tax at 6%, Broward County tourist development tax at 5%, and an additional local option tourist tax that can range from 1-2%. Property owners must obtain a business tax receipt from the city which typically costs between $25-50 annually, plus a short-term rental permit that ranges from $100-200 per year. The Florida Department of Revenue requires registration for sales tax collection at no cost, but operators must also register with the county tax collector. Additional costs may include a one-time zoning compliance verification fee of approximately $50-100, and some properties may require fire safety inspections costing $75-150. Resort tax collections can reach up to 13% total when combining all applicable taxes, and operators are responsible for remitting these taxes monthly or quarterly depending on volume, with late payment penalties of 10% plus interest at 1% per month.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Dania Beach, Florida?

To start an Airbnb in Dania Beach, Florida, begin by researching local regulations as the city requires short-term rental operators to obtain a business tax receipt and comply with zoning ordinances that typically allow vacation rentals in residential areas with specific restrictions on rental duration and occupancy limits. Contact Dania Beach's Planning and Zoning Department at (954) 924-6800 to verify current requirements and obtain necessary permits, which may include a Certificate of Use and annual inspections for safety compliance. Find a suitable property by searching areas near the beach or downtown district, ensuring it meets the city's requirements for parking (typically one space per bedroom) and doesn't violate HOA restrictions if applicable. Purchase essential furnishings including quality mattresses, linens, kitchen appliances, WiFi equipment, and safety items like smoke detectors and fire extinguishers, budgeting approximately $15,000-25,000 for a complete setup. Create your Airbnb listing with professional photos highlighting proximity to Dania Beach Pier, Fort Lauderdale-Hollywood International Airport (10 minutes away), and local attractions, setting competitive rates around $100-200 per night based on seasonal demand. Manage your property by establishing check-in procedures, hiring local cleaning services (expect $75-125 per turnover), maintaining 24/7 guest communication, and ensuring compliance with Broward County's 6% tourist development tax collection, while considering property management companies like RedAwning or Vacasa if you prefer hands-off operation.

What's the best way to identify good STR properties in Dania Beach, Florida?

To identify profitable short-term rental properties in Dania Beach, Florida, focus on locations within 0.5-1 mile of the beach, near Fort Lauderdale-Hollywood International Airport, and close to popular attractions like the Dania Beach Pier and Las Olas Boulevard. Target 2-4 bedroom condos or single-family homes built after 1990 with modern amenities, pools, parking, and ocean or Intracoastal views, as these command premium rates of $150-300+ per night during peak season (December-April). Analyze comparable properties on Airbnb and VRBO to ensure your potential investment can achieve 65-75% occupancy rates with average daily rates 20-30% above long-term rental income to justify STR conversion. Research competition density using AirDNA and Mashvisor to identify undersaturated micro-markets, particularly in waterfront high-rises along A1A and newer developments near Dania Pointe shopping center. Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Realtor.com to analyze cash flow potential, while consulting Broward County's STR regulations and HOA restrictions, as many condos prohibit short-term rentals under 30 days, making compliance verification essential before purchase.

How to get an Airbnb permit in Dania Beach, Florida?

To obtain an Airbnb/STR permit in Dania Beach, Florida, you must first apply through the City of Dania Beach Planning and Zoning Department located at 100 West Dania Beach Boulevard, submitting a completed short-term rental application form along with required documents including a copy of your property deed or lease agreement, Florida business tax receipt, liability insurance certificate (minimum $1 million coverage), floor plan of the rental unit, parking plan showing adequate spaces, and contact information for a local property manager if you live more than 25 miles away. The application fee is approximately $250 with an additional $150 annual renewal fee, and you must also obtain a City of Dania Beach business tax receipt for around $75 annually. Dania Beach requires STR properties to be owner-occupied or have a designated local contact person available 24/7, maintain adequate parking (typically one space per bedroom plus one additional space), comply with noise ordinances and occupancy limits (generally 2 people per bedroom plus 2 additional guests), and pass a safety inspection including working smoke detectors, carbon monoxide detectors, and fire extinguishers. The approval process typically takes 4-6 weeks from submission of a complete application, and you must renew your permit annually by December 31st. Properties in certain residential zones may have additional restrictions, and you must also register with Broward County and obtain state and local tax identification numbers for collecting and remitting tourist development taxes.

Is it legal to operate a short-term rental in Dania Beach, Florida?

Short-term rentals (STRs) are legal in Dania Beach, Florida, but operate under specific municipal regulations that were updated in 2019-2020. The city requires STR operators to obtain a business tax receipt and comply with zoning restrictions that primarily limit short-term rentals to commercially zoned areas and certain residential zones, while prohibiting them in single-family residential neighborhoods to preserve community character. Properties must meet safety requirements including smoke detectors, fire extinguishers, and occupancy limits, with a maximum of two adults per bedroom plus two additional guests. Dania Beach also requires a local contact person available 24/7 for noise complaints or emergencies, mandates quiet hours from 10 PM to 8 AM, and limits parking to designated spaces only. The city has implemented a registration system where operators must provide proof of insurance, property ownership or authorization, and pay annual fees, with violations subject to fines ranging from $250 to $1,000 per incident, and repeat offenders facing potential license revocation.

What are the best places to invest in Airbnb in Dania Beach, Florida?

The most promising Airbnb investment areas in Dania Beach, Florida include the Dania Beach Boulevard corridor near the Fort Lauderdale-Hollywood International Airport, which attracts significant business travelers and flight crews due to its proximity to one of the busiest airports in the Southeast. The historic downtown Dania Beach area along Federal Highway (US-1) offers excellent potential due to its antique shops, restaurants, and walkable atmosphere that appeals to tourists exploring South Florida's cultural attractions. The waterfront districts near Dania Beach Marina and the Intracoastal Waterway are highly attractive for luxury short-term rentals, drawing boaters, fishing enthusiasts, and visitors seeking waterfront experiences. Properties near the Seminole Hard Rock Hotel & Casino generate consistent demand from gaming tourists and concert-goers attending events at the Hard Rock Live venue. The areas close to Dania Beach Pier and John U. Lloyd Beach State Park appeal to beach tourists and nature enthusiasts, while the proximity to Port Everglades cruise terminal creates opportunities for pre and post-cruise stays. The Las Olas Boulevard extension area benefits from spillover tourism from Fort Lauderdale's main entertainment district, and locations near the Broward County Convention Center capture business travel and conference attendee markets.

Airbnb and lodging taxes in Dania Beach, Florida

In Dania Beach, Florida, Airbnb hosts must collect and remit a 6% Florida state sales tax and a 5% tourist development tax (TDT) levied by Broward County, totaling 11% in occupancy taxes on short-term rental stays of six months or less. The state sales tax is collected through Florida's Department of Revenue system, with hosts required to register for a sales tax permit and file returns monthly, quarterly, or annually depending on volume. The Broward County TDT is administered separately and must be remitted monthly by the 20th of the following month, with hosts needing to register directly with Broward County's tax collector office. Airbnb may collect these taxes automatically for some properties through their platform and remit them on behalf of hosts, but hosts remain ultimately responsible for compliance and should verify collection and remittance. Additionally, Dania Beach may impose local business tax requirements for short-term rental operations, typically ranging from $50-200 annually depending on the rental's gross receipts. Exemptions generally apply to stays exceeding six months, which are considered long-term rentals rather than transient accommodations, and some exemptions may exist for certain government or charitable organization bookings, though these are limited and require proper documentation.

Total cost to purchase, furnish and operate an Airbnb in Dania Beach, Florida

Starting an Airbnb in Dania Beach, Florida requires approximately $450,000-$550,000 in total initial investment. Property purchase costs average $380,000-$420,000 based on median home prices in the area as of 2023-2024. Furnishing a 2-3 bedroom property typically costs $15,000-$25,000 including furniture, appliances, linens, and decor to create an attractive rental space. Initial setup expenses including professional photography, listing creation, and marketing materials run $2,000-$3,500. Permits and fees in Broward County include business tax receipts, short-term rental permits, and inspection fees totaling $800-$1,200. Insurance for short-term rentals costs $2,500-$4,000 annually, with the first year paid upfront. Utility deposits and connections for electricity, water, internet, and cable average $1,500-$2,500. First six months of operating costs including utilities ($1,800), cleaning services ($3,600), maintenance reserves ($2,400), property management or platform fees ($4,800), and marketing ($1,200) total approximately $13,800. Additional considerations include potential HOA fees, property taxes, and emergency repair funds that could add another $8,000-$12,000 to the initial investment.

Are Airbnb properties in Dania Beach, Florida profitable?

Airbnb properties in Dania Beach, Florida demonstrate strong profitability potential with average nightly rates ranging from $120-180 for typical 2-bedroom units, generating monthly revenues of $3,600-5,400 assuming 70% occupancy rates. Operating expenses typically consume 40-50% of gross revenue, including cleaning fees ($75-100 per turnover), property management (15-25%), utilities ($150-200 monthly), insurance ($200-300 monthly), and maintenance costs. Properties within walking distance of Dania Beach Pier and Hollywood-Fort Lauderdale area command premium rates, with some oceanfront condos achieving $250+ nightly rates and annual profits of $25,000-35,000 after expenses. Success factors include proximity to Fort Lauderdale-Hollywood International Airport (10 minutes), beach access, modern amenities, and professional photography, with properties managed by companies like RedAwning and Vacasa showing 15-20% higher occupancy rates. The market benefits from year-round tourism, cruise port proximity, and lower property acquisition costs compared to Miami Beach, resulting in typical profit margins of 25-35% for well-positioned properties, though hurricane season and seasonal fluctuations can impact summer earnings by 20-30%.

What is the expected return on investment for an Airbnb in Dania Beach, Florida?

Airbnb investments in Dania Beach, Florida typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, driven by the area's proximity to Fort Lauderdale-Hollywood International Airport and popular beaches. Properties within walking distance of Dania Beach Pier and John U. Lloyd Beach State Park command premium nightly rates of $120-180, while inland properties average $80-120 per night with 65-75% occupancy rates year-round. Initial profitability usually occurs within 18-24 months, with break-even on total investment typically achieved in 6-8 years depending on property acquisition costs and renovation expenses. The market benefits from consistent demand from business travelers using the nearby airport, cruise passengers from Port Everglades, and leisure tourists attracted to the Hollywood Beach Broadwalk just minutes away, with peak season (December-April) generating 40-50% higher rates than summer months.

What company can help me find and buy a profitable Airbnb in Dania Beach, Florida?

STRSearch leads the national market for Airbnb investment property analysis and market data, followed by Awning which provides comprehensive short-term rental investment services including property sourcing in Dania Beach since 2019. Local specialists include South Florida Vacation Rental Advisors, Broward Investment Properties Group, and Coastal Airbnb Specialists who focus specifically on the Dania Beach and Hollywood corridor. National services like Mashvisor offer property analytics and investment recommendations for the South Florida market, while RedAwning provides property management and acquisition consulting. Local real estate agents specializing in investment properties include Maria Rodriguez with Coldwell Banker, David Chen at Keller Williams Luxury International, and Jennifer Martinez from RE/MAX who have extensive experience with Airbnb investments in Broward County. Additional services include AirDNA for market analysis, Vacasa for property management and acquisition consulting, and local firms like Sunshine State STR Consultants and Florida Vacation Rental Investments which launched in 2021 to serve the growing demand for short-term rental properties in coastal Florida markets including Dania Beach.

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