According to Rented.com, Florida has more profitable vacation rental markets than any other state, with many cities expected to give homeowners more bang for their buck this year.
The property management site analyzed trends in housing costs and tourism to rank the 150 best places to buy a vacation property in 2019, with six cities in the U.S. top 25, 10 in the top 50 and 19 in the top 150.
"The trend this year is to focus on markets that are as recession resistant as they come," the report says. "They are established vacation destinations where family traditions are made. They remain affordable family destinations even during an economic downturn."
Florida cities' rankings for return on investment based on perfect 100 score
3. Panama City Beach: Score 90.5 – estimated rental income $20,000
5. Palm Coast: Score 86.9 – estimated rental income $33,000
12. Jacksonville: Score 79.8 – estimated rental income $35,500
15. Navarre: Score 78.8 – estimated rental income $39,000
19. Kissimmee: Score 74.7 – estimated rental income $20,500
20. Cape San Blas: Score 74.0 – estimated rental income $66,500
27. Cocoa Beach: Score 69.8 – estimated rental income $30,500
37. Fort Myers: Score 64.7 – estimated rental income $24,000
42. Miami Beach: Score 63.9 – estimated rental income $61,000
45. Davenport: Score 63.4 – estimated rental income $25,500
51. Destin: Score 62.4 – estimated rental income $53,000
65. Orlando: Score 56.5 – estimated rental income $34,000
74. Clearwater Beach: Score 52.5 – estimated rental income $65,500
83. Ponte Vedra: Score 49.8 – estimated rental income $42,000
86. Daytona Beach: Score 49.0 – estimated rental income $25,000
113. Santa Rosa Beach: Score 42.0 – estimated rental income $47,500
126. Pensacola Beach: Score 38.2 – estimated rental income $37,000
134. Tampa: Score 35.2 – estimated rental income $28,500
149. Siesta Key: Score 27.9 – estimated rental income $43,000
Source: Coastal Living (04/30/19) Spyker, Marisa
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