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Space Coast Vacation Rental Market Analysis

ROI

ROI Home Services Research Team

October 20, 2024

Space Coast Vacation Rental Market Analysis

The Space Coast vacation rental market benefits from a unique combination of beach tourism and aerospace industry traffic, creating year-round demand that sets it apart from seasonal beach markets.

Market Performance Highlights

68%

Average Annual Occupancy

$225

Average Daily Rate

Revenue by Property Type

  • Oceanfront Condos: $45,000-65,000 annual gross revenue
  • Beach Houses: $70,000-120,000 annual gross revenue
  • Canal-front Properties: $35,000-55,000 annual gross revenue

Launch Effect

SpaceX and NASA launch events continue to drive booking spikes, with premium rates 2-3x normal during major launches. Properties with direct launch views command significant premiums in both rental rates and property values.

Valuation Considerations

Appraising vacation rental properties requires analysis of income potential alongside traditional comparable sales. Our appraisers factor in rental history, occupancy rates, and regulatory restrictions when determining market value for short-term rental properties.

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