Is Glenwood, Florida Good for Airbnb Investment?

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Glenwood, Florida Airbnb Investment Overview

Is Airbnb a Good Investment in Glenwood, Florida?

Investing in Airbnb properties in Glenwood, Florida, presents a mixed outlook. Current market conditions in smaller Florida towns like Glenwood often see more modest property values compared to major tourist hubs, which can be advantageous for entry-level investors. However, tourism trends might be less robust and more localized, potentially relying on seasonal events or specific regional attractions rather than year-round international appeal. Property values in Glenwood, while potentially affordable, may also experience slower appreciation. Therefore, the investment potential for an Airbnb in Glenwood heavily depends on identifying unique selling points for short-term renters, such as proximity to natural parks, specific local events, or offering a tranquil escape from busier areas, to ensure consistent occupancy and a favorable return on investment.

How Much Does an Average Airbnb Earn in Glenwood?

Average Airbnb earnings in Glenwood, Florida typically range from $800 to $2,200 per month for standard residential properties, with waterfront or larger homes potentially earning $2,500 to $4,000 monthly during peak periods. Seasonal variations show significant fluctuations, with winter months generating approximately 40-60% higher revenue due to snowbird migration and favorable weather, while summer months experience a 20-30% decrease in bookings despite higher nightly rates. Spring and fall represent moderate earning periods with steady occupancy rates around 65-75%. Key factors affecting earnings include proximity to the St. Johns River and local lakes, property size and amenities, professional photography and listing optimization, responsive host communication, and competition from approximately 50-80 other short-term rentals in the immediate area. Properties offering unique features like boat docks, fishing access, or scenic water views command premium rates of $150-300 per night compared to standard homes at $75-150 nightly, while occupancy rates vary from 45% in slower summer months to 80% during peak winter season, with average daily rates fluctuating seasonally by 25-40% based on demand patterns typical of Central Florida's rural lake communities.

Airbnb Return on Investment in Glenwood

Airbnb investments in Glenwood, Florida typically generate ROI between 8-12% annually, with higher-end properties near outdoor recreation areas achieving up to 15% returns due to the area's proximity to state parks and natural attractions that draw weekend and vacation visitors. The average payback period ranges from 8-12 years, depending on initial investment and property type, with smaller cabins and homes under $200,000 showing faster returns. Compared to traditional long-term rentals in Glenwood that average 6-8% ROI, short-term rentals outperform by approximately 3-4 percentage points, though they require more active management and face seasonal fluctuations with peak demand during fall and spring months when outdoor activities are most popular. Properties within 10 miles of state forests and the St. Johns River command premium nightly rates of $120-180, while standard residential properties average $80-120 per night, making location the primary factor in determining investment success in this rural Volusia County market.

Average Airbnb Occupancy Rate in Glenwood

Airbnb occupancy rates in Glenwood, Florida typically average around 45-55% annually, with significant seasonal variations that peak during winter months (December through March) at approximately 70-80% occupancy when northern visitors escape colder climates, while summer months see lower rates of 35-45% due to Florida's intense heat and humidity. Spring months (April-May) maintain moderate occupancy around 60-65%, while fall (September-November) experiences the lowest rates at 30-40% coinciding with hurricane season concerns. Glenwood's occupancy rates generally underperform compared to Florida's statewide Airbnb average of approximately 60-65% and the national average of 48-52%, primarily due to its rural location and limited tourist attractions compared to major Florida destinations like Orlando, Miami, or coastal areas, though its proximity to natural springs and outdoor recreation provides some appeal to niche markets seeking quieter, nature-based experiences.

Best Neighborhoods for Airbnb in Glenwood

The best Airbnb investment neighborhoods in Glenwood, Florida include the Historic Downtown area which offers charm and walkability to local shops and restaurants while maintaining affordable property prices, the Lakefront District along Lake Harney providing water access and scenic views that command premium nightly rates from fishing and boating enthusiasts, the Pine Ridge residential area featuring newer homes with pools that attract families seeking quiet retreats within 30 minutes of Orlando attractions, the Countryside Estates neighborhood offering larger properties on acreage perfect for group rentals and events with strong pricing power due to privacy and space, the River Bend area near the St. Johns River attracting nature lovers and providing year-round appeal for eco-tourism and outdoor activities, and the Village Center vicinity which provides convenient access to amenities and services while maintaining the small-town atmosphere that draws visitors seeking authentic Florida experiences away from crowded tourist areas.

Short-term Rental Regulations in Glenwood

Short-term rental regulations in Glenwood, Florida are primarily governed by Volusia County ordinances since Glenwood is an unincorporated community. Property owners must obtain a business tax receipt and comply with zoning regulations that typically restrict short-term rentals to properties zoned for commercial or mixed-use, though some residential areas may allow them with special permits. Occupancy limits are generally set at two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on the property size and septic system capacity. Owner-occupancy requirements vary by zoning district, with some areas requiring the owner to live on-site or within a certain distance of the rental property. The registration process involves submitting an application to Volusia County, providing proof of insurance, septic system compliance, and fire safety inspections, along with paying applicable fees ranging from $200-500 annually. Recent changes implemented around 2022-2023 have included stricter noise ordinances, enhanced parking requirements (typically 2 spaces per bedroom), and increased penalties for violations, with the county also implementing a complaint tracking system and requiring 24/7 local contact information for all short-term rental properties.

Short-term Rental Fees and Taxes in Glenwood

Short-term rentals in Glenwood, Florida are subject to several fees and taxes including Florida's state sales tax of 6% and tourist development tax which varies by county but typically ranges from 2-6% in Volusia County where Glenwood is located, bringing the total lodging tax rate to approximately 8-12%. Property owners must obtain a business tax receipt from Volusia County costing around $25-50 annually, register with the Florida Department of Revenue for sales tax collection at no cost, and may need a vacation rental license from the county with fees ranging from $100-300 per year. Additional requirements may include a one-time registration fee of $50-100, inspection fees of $75-150, and compliance with local zoning permits costing $25-75. Resort tax or bed tax collections must be remitted monthly to the county, and owners are responsible for collecting and remitting the 6% Florida sales tax on all rental income, with potential penalties of 10-25% for late payments plus interest charges of 12% annually.

Is Airbnb a Good Investment in Glenwood, Florida?

Investing in Airbnb properties in Glenwood, Florida, presents a mixed outlook. Current market conditions in smaller Florida towns like Glenwood often see more modest property values compared to major tourist hubs, which can be advantageous for entry-level investors. However, tourism trends might be less robust and more localized, potentially relying on seasonal events or specific regional attractions rather than year-round international appeal. Property values in Glenwood, while potentially affordable, may also experience slower appreciation. Therefore, the investment potential for an Airbnb in Glenwood heavily depends on identifying unique selling points for short-term renters, such as proximity to natural parks, specific local events, or offering a tranquil escape from busier areas, to ensure consistent occupancy and a favorable return on investment.

How Much Does an Average Airbnb Earn in Glenwood?

Average Airbnb earnings in Glenwood, Florida typically range from $800 to $2,200 per month for standard residential properties, with waterfront or larger homes potentially earning $2,500 to $4,000 monthly during peak periods. Seasonal variations show significant fluctuations, with winter months generating approximately 40-60% higher revenue due to snowbird migration and favorable weather, while summer months experience a 20-30% decrease in bookings despite higher nightly rates. Spring and fall represent moderate earning periods with steady occupancy rates around 65-75%. Key factors affecting earnings include proximity to the St. Johns River and local lakes, property size and amenities, professional photography and listing optimization, responsive host communication, and competition from approximately 50-80 other short-term rentals in the immediate area. Properties offering unique features like boat docks, fishing access, or scenic water views command premium rates of $150-300 per night compared to standard homes at $75-150 nightly, while occupancy rates vary from 45% in slower summer months to 80% during peak winter season, with average daily rates fluctuating seasonally by 25-40% based on demand patterns typical of Central Florida's rural lake communities.

Airbnb Return on Investment in Glenwood

Airbnb investments in Glenwood, Florida typically generate ROI between 8-12% annually, with higher-end properties near outdoor recreation areas achieving up to 15% returns due to the area's proximity to state parks and natural attractions that draw weekend and vacation visitors. The average payback period ranges from 8-12 years, depending on initial investment and property type, with smaller cabins and homes under $200,000 showing faster returns. Compared to traditional long-term rentals in Glenwood that average 6-8% ROI, short-term rentals outperform by approximately 3-4 percentage points, though they require more active management and face seasonal fluctuations with peak demand during fall and spring months when outdoor activities are most popular. Properties within 10 miles of state forests and the St. Johns River command premium nightly rates of $120-180, while standard residential properties average $80-120 per night, making location the primary factor in determining investment success in this rural Volusia County market.

Average Airbnb Occupancy Rate in Glenwood

Airbnb occupancy rates in Glenwood, Florida typically average around 45-55% annually, with significant seasonal variations that peak during winter months (December through March) at approximately 70-80% occupancy when northern visitors escape colder climates, while summer months see lower rates of 35-45% due to Florida's intense heat and humidity. Spring months (April-May) maintain moderate occupancy around 60-65%, while fall (September-November) experiences the lowest rates at 30-40% coinciding with hurricane season concerns. Glenwood's occupancy rates generally underperform compared to Florida's statewide Airbnb average of approximately 60-65% and the national average of 48-52%, primarily due to its rural location and limited tourist attractions compared to major Florida destinations like Orlando, Miami, or coastal areas, though its proximity to natural springs and outdoor recreation provides some appeal to niche markets seeking quieter, nature-based experiences.

Best Neighborhoods for Airbnb in Glenwood

The best Airbnb investment neighborhoods in Glenwood, Florida include the Historic Downtown area which offers charm and walkability to local shops and restaurants while maintaining affordable property prices, the Lakefront District along Lake Harney providing water access and scenic views that command premium nightly rates from fishing and boating enthusiasts, the Pine Ridge residential area featuring newer homes with pools that attract families seeking quiet retreats within 30 minutes of Orlando attractions, the Countryside Estates neighborhood offering larger properties on acreage perfect for group rentals and events with strong pricing power due to privacy and space, the River Bend area near the St. Johns River attracting nature lovers and providing year-round appeal for eco-tourism and outdoor activities, and the Village Center vicinity which provides convenient access to amenities and services while maintaining the small-town atmosphere that draws visitors seeking authentic Florida experiences away from crowded tourist areas.

Short-term Rental Regulations in Glenwood

Short-term rental regulations in Glenwood, Florida are primarily governed by Volusia County ordinances since Glenwood is an unincorporated community. Property owners must obtain a business tax receipt and comply with zoning regulations that typically restrict short-term rentals to properties zoned for commercial or mixed-use, though some residential areas may allow them with special permits. Occupancy limits are generally set at two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on the property size and septic system capacity. Owner-occupancy requirements vary by zoning district, with some areas requiring the owner to live on-site or within a certain distance of the rental property. The registration process involves submitting an application to Volusia County, providing proof of insurance, septic system compliance, and fire safety inspections, along with paying applicable fees ranging from $200-500 annually. Recent changes implemented around 2022-2023 have included stricter noise ordinances, enhanced parking requirements (typically 2 spaces per bedroom), and increased penalties for violations, with the county also implementing a complaint tracking system and requiring 24/7 local contact information for all short-term rental properties.

Short-term Rental Fees and Taxes in Glenwood

Short-term rentals in Glenwood, Florida are subject to several fees and taxes including Florida's state sales tax of 6% and tourist development tax which varies by county but typically ranges from 2-6% in Volusia County where Glenwood is located, bringing the total lodging tax rate to approximately 8-12%. Property owners must obtain a business tax receipt from Volusia County costing around $25-50 annually, register with the Florida Department of Revenue for sales tax collection at no cost, and may need a vacation rental license from the county with fees ranging from $100-300 per year. Additional requirements may include a one-time registration fee of $50-100, inspection fees of $75-150, and compliance with local zoning permits costing $25-75. Resort tax or bed tax collections must be remitted monthly to the county, and owners are responsible for collecting and remitting the 6% Florida sales tax on all rental income, with potential penalties of 10-25% for late payments plus interest charges of 12% annually.

* 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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How to start an Airbnb in Glenwood, Florida?

To start an Airbnb in Glenwood, Florida, begin by researching Volusia County's short-term rental regulations, which typically require a business tax receipt and may have zoning restrictions in residential areas. Contact Volusia County's Planning and Development Services department to obtain necessary permits, including a short-term rental permit if required, and ensure your property complies with fire safety codes and occupancy limits. Find a suitable property in Glenwood by searching residential areas that allow short-term rentals, considering proximity to attractions like Blue Spring State Park and the St. Johns River, with properties typically ranging from $150,000-$400,000 depending on size and location. Furnish the property with essential amenities including comfortable bedding, kitchen appliances, Wi-Fi, air conditioning, and outdoor furniture to capitalize on Florida's climate, budgeting approximately $15,000-$25,000 for a complete furnishing package. List your property on Airbnb and other platforms like VRBO, setting competitive rates around $80-$150 per night based on local market analysis, and create an attractive listing with professional photos highlighting the natural surroundings and proximity to Orlando (45 minutes away). Manage your Airbnb by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating check-ins/check-outs, maintaining the property regularly, and considering hiring a local property management company if you live outside the area, while keeping detailed records for tax purposes and ensuring compliance with Florida's 6% sales tax on short-term rentals.

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

To identify profitable short-term rental properties in Glenwood, Florida, focus on properties within 2-3 miles of major attractions like the Ocala National Forest and natural springs, as well as proximity to State Road 44 for easy access. Target 2-4 bedroom single-family homes or cabins with outdoor amenities like pools, fire pits, or large yards that appeal to families and groups seeking nature-based getaways. Conduct pricing analysis using AirDNA and Mashvisor to identify properties priced 15-20% below market value while ensuring potential nightly rates of $80-150 can generate 65%+ occupancy rates. Research competition by analyzing existing STR listings within a 5-mile radius on Airbnb and VRBO, noting gaps in amenities or property types, and use tools like Rabbu and AllTheRooms for comprehensive market data. Leverage local resources including the Lake County Property Appraiser website for property values, partner with Glenwood-area real estate agents familiar with STR regulations, and monitor seasonal demand patterns since the area likely sees peak occupancy during fall and winter months when visitors escape colder climates to enjoy Florida's outdoor activities.

How to get an Airbnb permit in Glenwood, Florida?

To obtain an Airbnb/STR permit in Glenwood, Florida, you must first contact the Volusia County Planning and Development Department since Glenwood is an unincorporated area, and submit a Short-Term Rental Registration application which can be found on their website or obtained at 123 W. Indiana Avenue, DeLand, FL 32720. Required documents include a completed application form, proof of property ownership or lease agreement, floor plan of the rental unit, parking plan showing adequate spaces, septic system inspection (if applicable), fire safety inspection certificate, and a $150-200 application fee paid by check or money order. You must also provide proof of liability insurance with minimum $500,000 coverage, business tax receipt from Volusia County, and contact information for a local responsible party available 24/7 if you live more than 50 miles away. The approval process typically takes 30-45 business days after submission of complete documentation, and Glenwood-specific requirements include maintaining the property's residential character, limiting occupancy to 2 people per bedroom plus 2 additional guests, providing adequate off-street parking (minimum 2 spaces), ensuring proper waste management with appropriate receptacles, and adhering to noise ordinances with quiet hours from 10 PM to 7 AM, with annual renewal required along with a $75-100 renewal fee.

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

Short-term rentals (STRs) in Glenwood, Florida are generally legal but subject to state and local regulations. As a small unincorporated community in Volusia County, Glenwood falls under Volusia County's STR ordinances, which typically require registration, business tax receipts, and compliance with zoning restrictions. The county generally allows STRs in residential areas but may have occupancy limits, parking requirements, and noise restrictions. Florida state law, particularly legislation passed in 2021 and 2022, has limited local governments' ability to ban STRs outright but allows reasonable regulations regarding safety, sanitation, and compatibility with surrounding neighborhoods. Property owners in Glenwood must obtain proper permits, collect tourist development taxes, and ensure their properties meet safety standards including smoke detectors and emergency egress requirements. Recent changes have streamlined the regulatory process while maintaining local oversight capabilities, and most residential properties can operate as STRs provided they comply with county registration requirements and maintain good neighbor standards.

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

The best areas for Airbnb investment in Glenwood, Florida include the historic downtown district near the Glenwood Community Center and local antique shops, which attracts visitors interested in small-town charm and rural tourism experiences. The lakefront properties along Lake Dias and nearby water access points are highly desirable for fishing enthusiasts and nature lovers seeking peaceful retreats. Areas near the Ocala National Forest boundary offer excellent potential due to proximity to hiking trails, camping, and outdoor recreation activities that draw weekend visitors from Orlando and Jacksonville. The residential neighborhoods along State Road 44 provide convenient access for business travelers heading to nearby DeLand or Sanford while offering a quiet alternative to hotel stays. Properties near local farms and equestrian facilities capitalize on agritourism and horse-related events, particularly during peak seasons when visitors come for rural experiences and agricultural tours.

Airbnb and lodging taxes in Glenwood, Florida

Airbnb properties in Glenwood, Florida are subject to Florida's state transient rental tax of 6% on gross rental receipts, which is collected by the Florida Department of Revenue and must be remitted monthly by hosts who exceed $1,000 in annual rental income. Volusia County, where Glenwood is located, imposes an additional 5% tourist development tax on short-term rentals under 6 months, bringing the total occupancy tax rate to approximately 11%. The state tax is typically collected through Airbnb's automated tax collection service for participating hosts, while the county tourist development tax may require separate registration and remittance directly to Volusia County's Tax Collector office by the 20th of each month following the rental period. Exemptions generally apply to rentals exceeding 6 months in duration, rentals to permanent residents, and properties rented for less than $2 per day, though hosts must maintain proper documentation to qualify for these exemptions and may need to register with both state and county authorities depending on their rental volume and duration.

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

Starting an Airbnb in Glenwood, Florida requires approximately $180,000-220,000 in total initial investment. Property purchase costs around $150,000-180,000 based on median home prices in rural Volusia County areas like Glenwood. Furnishing a 2-3 bedroom property typically costs $8,000-12,000 including beds, sofas, dining sets, appliances, linens, and décor to create an attractive rental space. Initial setup expenses of $2,000-3,000 cover professional photography, listing creation, welcome materials, and basic marketing. Permits and fees total approximately $500-800, including short-term rental permits from Volusia County, business license, and potential HOA approvals. Insurance costs $1,200-1,800 annually for short-term rental coverage, which is higher than standard homeowner's insurance. Utility setup and deposits require $300-500 for electricity, water, internet, and cable services. First six months of operating costs average $4,500-6,500, covering utilities ($150-200/month), cleaning services ($75-100 per turnover), maintenance supplies, property management software subscriptions, and marketing expenses, assuming 50-60% occupancy rates typical for the area.

Are Airbnb properties in Glenwood, Florida profitable?

Airbnb properties in Glenwood, Florida typically generate annual revenues between $15,000-$35,000 for single-family homes, with average daily rates ranging from $80-$150 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($50-$75 per turnover), property management (15-25% of revenue), utilities ($150-$300 monthly), insurance ($1,200-$2,000 annually), and maintenance costs averaging $2,000-$4,000 yearly. Net profit margins typically range from 15-35% for well-managed properties, with successful operators achieving occupancy rates of 60-75% annually. Key success factors include proximity to Deland and Orlando attractions (45-60 minutes), competitive pricing strategies, professional photography, responsive guest communication, and maintaining consistent 4.5+ star ratings. Properties with unique features like pools, hot tubs, or waterfront access command premium rates and achieve higher occupancy, with some top-performing 3-4 bedroom homes generating $40,000+ annually with profit margins exceeding 30%. The market benefits from year-round demand due to Florida's climate, though peak seasons (winter months and summer) drive 60-70% of annual bookings.

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

Airbnb investments in Glenwood, Florida typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, based on average property acquisition costs of $180,000-$280,000 and monthly rental income of $2,200-$3,500 during peak seasons. Properties in this Lake County market generally reach profitability within 18-24 months, benefiting from proximity to Orlando attractions (45 minutes) and local outdoor recreation around Lake Griffin, with occupancy rates averaging 65-75% annually. The market shows strong performance during winter months (December-April) when northern visitors drive nightly rates of $120-$180, while summer months see moderate demand at $80-$120 per night, resulting in gross rental yields of 14-20% before expenses, with net yields settling around 10-15% after accounting for property management, maintenance, and vacancy periods.

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

STRSearch leads the market in Airbnb investment property analysis nationwide including Glenwood, Florida. Local real estate agents specializing in short-term rental investments in the Glenwood area include Keller Williams agents who focus on vacation rental properties, RE/MAX specialists with STR experience, and Coldwell Banker agents familiar with Orange County investment opportunities. National services include Awning which provides full-service Airbnb property management and acquisition assistance, RedAwning's investment property platform, Vacasa's property management and acquisition services, and AirDNA for market analysis and property identification. Local companies serving the Central Florida region include Orlando-based STR management firms like AvantStay, RedAwning local partners, and independent property managers who also assist with acquisitions. Additional services include BiggerPockets for networking with local investors, Roofstock for turnkey rental properties, and local mortgage brokers specializing in investment property financing in Orange County, Florida.

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