Clearwater Beach Florida - Buyers often want to purchase Clearwater Beach Real Estate especially after a great vacation stay. One of the first questions Clearwater condo buyers have is: "What are my options to rent out my Clearwater Beach Condo when I'm not using it?"
What many people don't realize is the City of Clearwater's code's default is a minimum of 30 day rentals which means if no other rules apply Clearwater Beach Condos or other property must be rented for at least 30 days or longer.
Now while 30 days is the default for minimum rental each condominium associations set their own rules (This is why you have to read that big stack of condo docs and know what you're agreeing to). Everything from allowing 7 day rentals to mandating no rentals being allowed in the first 2 years of ownership. Yikes - the fine print could kill ya - financially speaking!
Recently I had client looking to buy a Clearwater Beach condo as their vacation home. They also wanted to be able to rent it out weekly when it's not being used. Sounds simple enough, right? These Clearwater Beach area rental facts below may surprise you.
This is another good reason why you want to work with Clearwater Beach experts who know this kind of info about the various Clearwater Beach condos (also things like are pets allowed, how to calculate property taxes, etc. - topics for another day) because....
Which Sand Key, Island Estates & Clearwater Beach condos allow Short Term Rentals?
Get the Facts:
- ALL Island Estates condos must be rented for over 60 days and most require a 90 days minimum or longer;
- On Sand Key there are only 2 condominium complexes that allow you to rent for a minimum of 14 days;
- Sand Key has no condos that allow 7 day rentals;
- Only 4 Sand Key beachfront condos allow 30 day rentals - the rest require that you rent their Sand Key Condos for 90 days or more;
The good news is that their are actually 7 Clearwater beach condos that allow 7 day rentals - quirky how that number matched. 5 of these short term rental condos have fabulous inter-coastal waterviews (and you can walk across the street to Clearwater Beach) and there are two gulf-front Clearwater beach condo complexes directly on Clearwater Beach with sugar white sand at your backdoor.
You might wonder why Beach condo rental periods vary so greatly. There are many reasons but one of the reasons is that many of them have a 180 day minimum rental period because then you can avoid the extra 12% bed tax (which is charged to the user just like in a hotels) that is charged on all rentals in Pinellas County that rent for a period of less than 6 months. It's definitely something to consider when making your plans.
If you are looking to purchase Clearwater Beach Real Estate any time soon - give us a call at (727) 710-8035 and let us know what your rental goals are and we are happy to share with you which Island Estates, Clearwater Beach and Sand Key Condos match your requirements.
There are still some homes on North Clearwater Beach that are grandfathered to allow 7 day rentals so they are another option for buyers looking for short term vacation options. We also have a few condo-hotels but this is a whole different model, however if you'd like more info - places like Sandpearl are getting good reviews.
Clearwater Beach Condos For Sale
Are you looking to sell a Clearwater Florida Condo - request our complimentary Condo Value Report on what is your Clearwater Beach condo worth in today's dynamic marketplace.
There has never been a better time to buy Clearwater Beach Real Estate - as a primary residence or an investment property. Buyers are finding that sellers of Clearwater beach condos, homes & townhomes on the best Tampa beaches are motivated to sell and qualified buyers are benefiting because you can save money and we'll help you negotiate real bargains.
Enjoy our beautiful beachfront views or amazing intercoastal waterfront views and Tampa Bay boating? Here's what some of our past clients have to say about how we helped them.... Buyers tell us that selecting the best Clearwater Beach Real Estate Agent, online or from a distance, can be a challenge. Some of our past clients agreed to share their experiences and tell you why they think you should work with us.
Want more info on Island Estates Real Estate? Search the Clearwater Beach MLS multiple listings of all properties including all waterfront Clearwater Beach homes for sale and beachfront condos in Clearwater.
The above information and images are Copyright © 2007 Jack and Cyndee Haydon, REALTORS in Clearwater and your Clearwater Florida Real Estate Agents and may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law.