Is Scottsmoor, Florida Good for Airbnb Investment?

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Scottsmoor, Florida market research

Scottsmoor, Florida Airbnb Investment Overview

$800–$2,200Typical monthly host earnings
8–12%Typical annual ROI
45–55%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Scottsmoor, Florida?

Potentially—Scottsmoor, Florida combines visitor demand with long-term real estate upside.

  • Presents a unique opportunity, though with specific considerations due to its more rural and less-known profile compared to major Florida tourist destinations.
  • Current market conditions in Scottsmoor are characterized by a quieter, more residential atmosphere, appealing to visitors seeking tranquility, access to nature (e.g., Merritt Island National Wildlife Refuge.
  • Tourism trends here are driven by niche markets like eco-tourism, fishing, space enthusiasts visiting Kennedy Space Center, and those looking for a peaceful retreat.
  • The investment potential lies in catering to these specific visitor segments with well-marketed, comfortable properties that highlight local attractions and natural beauty.
  • However, investors should be mindful of potentially lower occupancy rates compared to high-demand areas and the need for strong marketing to reach target audiences.
  • Careful analysis of local short-term rental regulations and a realistic projection of demand based on specific property features and proximity to attractions will be crucial for profitability.
Earnings

How Much Does an Average Airbnb Earn in Scottsmoor?

$800–$2,200 per month based on location, season, and property quality.

  • Based on available vacation rental market data for the Scottsmoor, Florida area, Airbnb hosts typically earn between $800-$2,200 per month.
  • Properties generally see peak earnings during winter months (December through March) when northern visitors escape cold weather, with monthly revenues potentially reaching $2,500-$3,500 for well-positioned properties.
  • Earnings are heavily influenced by proximity to popular attractions like the Kennedy Space Center (approximately 20 miles south), Canaveral National Seashore access, property size and amenities.
  • The area's rural nature and limited commercial development create a niche market for visitors seeking quiet retreats near space coast attractions.
  • Revenue optimization depends on strategic pricing during rocket launch events at nearby Cape Canaveral, effective marketing of outdoor recreational opportunities.
ROI Analysis

Airbnb Return on Investment in Scottsmoor

Potentially strong—typical annual ROI is 8–12%.

  • Typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses.
  • The small unincorporated community's proximity to the Space Coast and Canaveral National Seashore attracts tourists seeking affordable alternatives to beachfront accommodations.
  • Occupancy rates fluctuate seasonally between 45-65%, with peak performance during rocket launches and winter months when northern visitors escape colder climates.
  • Compared to traditional long-term rentals in the area that yield approximately 6-8% ROI with monthly rents of $1,200-1,800, short-term rentals can outperform by 2-4 percentage points but require significantly more active management, higher operating costs including cleaning fees, utilities, and marketing expenses, plus greater income volatility.
  • The limited local infrastructure and rural setting mean lower property acquisition costs but also restrict the premium pricing potential compared to established beach markets.
Occupancy Rate

Average Airbnb Occupancy Rate in Scottsmoor

Scottsmoor, Florida averages 45–55% annual occupancy, with seasonal variation.

  • Scottsmoor, Florida, a small unincorporated community in Brevard County, experiences average Airbnb occupancy rates of approximately 45-55% annually.
  • Peak occupancy occurs during winter months (December through March) when rates climb to 70-80% as snowbirds and tourists escape colder climates.
  • The lowest occupancy typically occurs in late fall (September-November) at 30-40% during hurricane season and shoulder periods.
  • Spring months (April-May) maintain steady occupancy around 55-65% with favorable weather and events like space launches from nearby Kennedy Space Center.
  • Compared to Florida's statewide Airbnb occupancy average of approximately 60-65%, Scottsmoor performs slightly below due to its rural location and limited tourist infrastructure.
Best Neighborhoods

Best Neighborhoods for Airbnb in Scottsmoor

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • Scottsmoor, Florida offers limited distinct neighborhoods for Airbnb investment due to its small size.
  • The central residential area near US Highway 1 provides good accessibility and moderate pricing power while being close to the Canaveral National Seashore and Merritt Island National Wildlife Refuge.
  • Properties near the Scottsmoor General Store and historic district offer charm and walkability that attracts visitors interested in Old Florida culture and small-town experiences.
  • The eastern sections closer to State Road 3 benefit from easy beach access to New Smyrna Beach and Titusville, providing strong rental demand from beach-goers and space coast tourists.
  • Rural properties on larger lots appeal to visitors seeking privacy and authentic countryside experiences while still being within reasonable distance of major attractions.
  • The northern areas near the Volusia County line attract visitors exploring both the Space Coast and Daytona Beach regions, offering strategic positioning for dual-market appeal.
  • Properties with canal access or near boat ramps particularly excel due to the area's strong fishing and boating tourism demographics.
Regulations

Short-term Rental Regulations in Scottsmoor

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Short-term rental regulations in Scottsmoor, Florida are primarily governed by Brevard County ordinances, as this unincorporated community falls under county jurisdiction.
  • Property owners must obtain a short-term rental permit through Brevard County, which requires registration with the county's planning and development department.
  • Occupancy limits are generally restricted to two persons per bedroom plus two additional guests, with maximum occupancy not exceeding 10-12 people depending on property size and septic system capacity.
  • Owner-occupancy is not required for short-term rentals in most residential zones, though some homeowners association restrictions may apply.
  • Zoning restrictions typically allow short-term rentals in residential areas with proper permitting, but agricultural and some conservation zones may have limitations.
  • Recent regulatory changes around 2022-2023 have included stricter noise ordinances, enhanced parking requirements, and increased penalties for non-compliance, with fines reaching up to $500 per violation.
Fees and Taxes

Short-term Rental Fees and Taxes in Scottsmoor

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Scottsmoor, Florida are subject to several fees and taxes including the Florida state sales tax of 6%, Brevard County tourist development tax of 5%.
  • Property owners must obtain a business tax receipt from Brevard County costing approximately $25-50 annually, register for a Florida sales tax permit (free).
  • Additional costs include potential homeowners association fees if applicable, fire safety inspections costing $75-150, and possible zoning compliance fees of $50-200.
  • The total tax burden on guests typically ranges from 12-14% of the rental rate, while property owners face annual regulatory costs between $200-500 depending on specific location requirements within Scottsmoor and Brevard County jurisdiction.
Common questions

Scottsmoor, Florida Airbnb investment FAQs

How to start an Airbnb in Scottsmoor, Florida?

To start an Airbnb in Scottsmoor, Florida, begin by researching Brevard County's short term rental regulations, as Scottsmoor falls under county jurisdiction in preference to having its own municipal codes.

Launch checklist

  • Contact Brevard County Planning and Development at (321) 633 to 2069 to verify current zoning requirements and obtain necessary permits.
  • Find a suitable property by searching MLS listings through local realtors like RE/MAX or Century 21, focusing on homes near the Canaveral National Seashore or Indian River since Scottsmoor's appeal lies in its natural attractions and proximity to Titusville (15 minutes south).
  • Purchase property with strong WiFi capability since the area is rural, then furnish with coastal themed decor from stores like HomeGoods, Target, or local furniture outlets in nearby Titusville, ensuring you include essentials like quality linens, kitchen supplies.
  • Create your Airbnb listing with professional photos highlighting the natural surroundings, proximity to Kennedy Space Center (30 minutes), and peaceful rural setting, pricing competitively around $80 to 150 per night based on comparable properties in the region.
  • Manage the property by establishing relationships with local cleaning services in Titusville or Mims, installing smart locks for remote access.
What's the best way to identify good STR properties in Scottsmoor, Florida?

To identify profitable short term rental properties in Scottsmoor, Florida, focus on waterfront or water adjacent locations near the Indian River Lagoon and Mosquito Lagoon, as these areas attract fishing enthusiasts and nature lovers year round. Target single family homes with 2 to 4 bedrooms, boat access, fishing amenities, and outdoor spaces that can accommodate $150 to 300 per night rates based on proximity to water and unique features like docks or kayak launches.

What to prioritize

  • Analyze comparable properties within a 10 mile radius including Titusville and New Smyrna Beach using AirDNA and Mashvisor to assess occupancy rates (typically 60 to 75% in this market) and average daily rates.
  • Utilize the Brevard County Property Appraiser website for property values, Zillow for rental estimates, and STR Helper for local regulation compliance.
How to get an Airbnb permit in Scottsmoor, Florida?

To obtain an Airbnb/STR permit in Scottsmoor, Florida, you must first apply through Brevard County since Scottsmoor is an unincorporated community within the county jurisdiction.

Documents and approvals

  • Begin by contacting the Brevard County Planning and Development Department at 2725 Judge Fran Jamieson Way, Viera, FL 32940, or visit their website to download the Short Term Rental Registration application.
  • Required documents typically include a completed application form, property deed or lease agreement, floor plan showing maximum occupancy, proof of property insurance, business tax receipt from Brevard County, state sales tax permit, septic system inspection (if applicable).
  • Submit the application with a fee of approximately $150 to 200 for initial registration plus annual renewal fees of around $75 to 100.
  • The review process generally takes 30 to 45 business days once all required documents are submitted.
  • Specific Brevard County requirements include maintaining a maximum occupancy based on septic capacity or two persons per bedroom plus two additional persons, providing adequate parking (typically one space per bedroom), ensuring the property meets all building and fire codes.
Is it legal to operate a short-term rental in Scottsmoor, Florida?

Short term rentals (STRs) in Scottsmoor, Florida are generally legal but subject to Brevard County regulations since Scottsmoor is an unincorporated community.

Core operating requirements

  • Brevard County allows STRs in most residential areas but requires operators to obtain a business tax receipt and comply with zoning requirements, with properties typically needing to be in areas zoned for residential use.
  • The county prohibits STRs in some deed restricted communities and requires compliance with occupancy limits, parking requirements, and noise ordinances.
  • Recent changes around 2019 to 2021 included stricter enforcement of existing regulations and enhanced complaint procedures, though no outright bans have been implemented.
  • Properties must meet health and safety standards, and operators are responsible for ensuring guests comply with local ordinances, with violations potentially resulting in fines or permit revocation.
What are the best places to invest in Airbnb in Scottsmoor, Florida?

The best areas for Airbnb investment in Scottsmoor, Florida are primarily along the Indian River Lagoon waterfront properties and near the Canaveral National Seashore access points, as these locations attract nature enthusiasts, fishing groups.

Areas to research

  • Properties near the Haulover Canal and Mosquito Lagoon are particularly attractive due to excellent fishing opportunities and proximity to Kennedy Space Center (about 30 minutes south), drawing space tourism visitors and NASA contractors seeking quieter accommodations.
  • The residential areas along US Highway 1 offer good investment potential due to accessibility while maintaining the rural charm that appeals to visitors wanting to experience "Old Florida" atmosphere.
  • Areas near Klondike Beach and the undeveloped stretches of coastline are increasingly popular with eco tourists, kayakers, and bird watchers visiting the nearby Merritt Island National Wildlife Refuge.
  • The proximity to New Smyrna Beach (20 minutes north) and Titusville (15 minutes south) makes Scottsmoor an attractive middle ground location for visitors wanting to explore multiple destinations while staying in a more affordable and tranquil setting.
Airbnb and lodging taxes in Scottsmoor, Florida

Airbnb properties in Scottsmoor, Florida are subject to multiple lodging taxes including the Florida state sales tax of 6% on transient rentals, Brevard County's tourist development tax of 5%, and potentially additional local municipal taxes.

Taxes and filing responsibilities

  • The Florida Department of Revenue requires hosts to register for a sales tax permit and collect the 6% state tax on all rental stays of six months or less, with monthly remittance due by the 20th of the following month.
  • Brevard County's 5% tourist development tax applies to all transient accommodations and must be collected by the host and remitted quarterly to the Brevard County Tax Collector's office.
  • Airbnb may collect and remit these taxes automatically for hosts in some cases through their platform, but hosts remain ultimately responsible for compliance and should verify collection with their local tax authorities.
  • Properties rented for more than six consecutive months to the same guest are generally exempt from these transient occupancy taxes, and certain exemptions may apply for government employees or long term medical stays.
Total cost to purchase, furnish and operate an Airbnb in Scottsmoor, Florida

The total cost to start an Airbnb in Scottsmoor, Florida would be approximately $285,000 to $320,000.

Cost breakdown

  • Property purchase costs around $220,000 to $250,000 based on median home prices in the area.
  • Furnishing a 2 to 3 bedroom property would cost $15,000 to $25,000 including beds, living room furniture, kitchen essentials, linens, and decor.
  • Initial setup costs including professional photography, listing creation, and basic renovations would be $3,000 to $5,000.
  • Permits and fees including business license, vacation rental permit, and inspection fees would total $500 to $1,500.
  • Insurance including landlord and short term rental coverage would cost $2,000 to $3,000 annually.
  • Utilities setup and deposits for electricity, water, internet, and cable would be $500 to $800.
  • First six months operating costs including utilities ($900), cleaning supplies ($300), maintenance ($500), marketing ($600), and platform fees on estimated $18,000 revenue ($2,700) would total approximately $5,000.
  • Additional working capital of $5,000 to $10,000 is recommended for unexpected expenses and initial vacancy periods.
Are Airbnb properties in Scottsmoor, Florida profitable?

Airbnb properties in Scottsmoor, Florida typically generate annual revenues between $18,000 to $32,000 for single family homes and $12,000 to $24,000 for condos, with occupancy rates averaging 45 to 60% due to the area's proximity to Kennedy Space Center and Canaveral National Seashore.

Profitability indicators

  • Operating expenses generally run 35 to 45% of gross revenue, including cleaning fees ($75 to $125 per turnover), property management (15 to 25%), utilities ($150 to $250 monthly), insurance ($1,200 to $2,400 annually), and maintenance costs.
  • Net profit margins typically range from 15 to 25% after expenses, with properties closer to the beach or space center commanding premium rates of $120 to $180 per night versus inland properties at $80 to $130 per night.
  • Success factors include strategic pricing during rocket launches when rates can surge 200 to 300%, maintaining 4.8+ star ratings, offering space themed amenities, and targeting the growing "space tourism" market.
  • The market benefits from year round demand driven by space launches, fishing charters, and beach tourism, though hurricane season and seasonal fluctuations can impact profitability.
What is the expected return on investment for an Airbnb in Scottsmoor, Florida?

Airbnb investments in Scottsmoor, Florida typically generate annual ROI of 12 to 18% with cash on cash returns ranging from 8 to 14%, primarily driven by the area's proximity to Kennedy Space Center and Canaveral National Seashore which attracts space tourism and nature enthusiasts year round. Properties in this small unincorporated community, particularly 3 to 4 bedroom homes priced between $200,000 to $350,000, can achieve average daily rates of $120 to $180 with occupancy rates of 65 to 75% during peak seasons (December April and summer months).

Return planning figures

  • Initial profitability typically occurs within 18 to 24 months, with investors seeing positive cash flow after accounting for mortgage payments, property management fees of 15 to 25%, cleaning costs, and maintenance expenses.
  • The market benefits from limited hotel inventory in the immediate area and strong demand from visitors to nearby Titusville and New Smyrna Beach, though seasonal fluctuations can impact winter months outside of space launch periods.
What company can help me find and buy a profitable Airbnb in Scottsmoor, Florida?

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short term rental performance in Scottsmoor, Florida.

Companies and resources

  • Local real estate agents specializing in investment properties include Coldwell Banker Realty agents in nearby Titusville and Melbourne, RE/MAX specialists in Brevard County, and Keller Williams agents focusing on vacation rental investments along the Space Coast.
  • National services include Mashvisor for property analysis and market insights, BiggerPockets for investor networking and deal sourcing, Awning for short term rental investment guidance, and RedAwning for vacation rental market analysis.
  • Local property management companies that assist investors include Vacasa, which operates throughout Florida's coastal markets, and several boutique vacation rental management firms serving the Space Coast area.
  • Real estate investment firms like Roofstock and Fundrise also provide opportunities for remote investors looking to purchase turnkey Airbnb properties in the greater Brevard County region.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
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Limited or no partner access
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