Orlando vacation rental resort communities

These are purpose-built vacation rental communities in the Orlando resort corridor, where whole-home short-term rental is permitted by zoning rather than prohibited by the association. That is the opposite of most Miami condo towers, which set six-month minimum leases. If nightly rental income is the goal, this is the Florida segment built for it.

Osceola covers the Kissimmee corridor closest to Walt Disney World and generally commands higher nightly rates and higher entry prices. Polk County, mainly Davenport and Haines City, sits ten to twenty minutes further out with lower purchase prices and correspondingly lower rates. The right answer depends on whether your model is driven by occupancy or by entry cost.

Many of the newer master-planned communities do. A Community Development District assessment repays the bonds that funded the roads, drainage and amenities, and it appears as a separate non-ad-valorem line on the November tax bill. It commonly adds $1,000 to $3,000 a year and runs for the twenty to thirty year bond term. It is easy to miss because it is not part of the HOA fee and rarely appears in a listing.

Beyond the purchase, budget for a furniture and equipment package, a DBPR vacation rental licence, county registration, sales tax and tourist development tax registration, and management at roughly 20% to 25% of gross. Combined short-term rental taxes reach about 12% to 13% in these counties. The furnishing cost in particular is missing from most published yield models.

Yes, and most owners do. But owner-occupied weeks come out of peak season if you are not careful, and peak weeks carry a disproportionate share of annual revenue. Model your own usage explicitly against the rate calendar before you buy, rather than treating it as free.