Understanding Short Term Rentals in Destin FL

Destin, Florida, is a beautiful vacation destination with high demand for accommodations that are attractive for short-term rental investors. As promising as short-term rentals in Destin, FL, can be, there is a lot investors must know. This post will cover some points you must understand before investing in Destin short-term rentals.

Emerald Coast Real Estate Market Watch

As of June 2023, homes for sale in Destin, FL, spent a median of 63 days on the market. However, real estate trends are always changing. If you need to buy or sell a home anywhere on Florida’s Emerald Coast, click here to contact us.

Definition of a Short Term Rental

Destin’s legal definition for short-term rentals under the municipal code defines a short-term rental as any single-family dwelling rented out for less than six months. This includes single-family homes, townhomes, condos, and duplexes.

Zoning for Short Term Rentals

Investors must be aware of the city’s restrictions on short-term rental zoning. There are many areas of the city where short-term rentals are not allowed. The current city zoning map has 13 zones that allow short-term rentals.

Capacity for Short Term Rentals

The city limits the number of guests a short-term rental can allow. A short-term rental in Destin can have two adult overnight guests per bedroom plus four additional guests. However, there is a limit of 24 overnight guests regardless of the number of bedrooms.

Local Responsible Party

Short-term rentals must have a local responsible party within 30 miles of the property. The owner can fill this role, or it can be someone the owner appoints. This person is responsible for ensuring guests know the short-term rental rules. They also have obligations concerning property maintenance. The responsible party must be available to communicate with guests or the city.

Registration

The owners of short-term rentals in Destin must register the property each year. Registration requires a Rental Dwelling License, a Business Tax Receipt from the city, and a Department of Revenue Resale Certificate. You’ll also need a notarized affidavit of the number of bedrooms and parking spaces. Depending on the property size, the city also charges registration fees ranging from $500 to $700.

There may also be fees for late or incomplete applications. You can learn more about short-term rental registration here.

This post is just a start on what you need to know about short-term rentals in Destin. The city has many rules governing the operation and use of short-term rentals. These laws cover everything from parking requirements and noise to garbage collection and the required signage. Click here to learn more about Destin’s short-term rental laws.

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