Palm Beach County Condos That Allow Airbnb

In recent years, Airbnb has revolutionized the way people travel, offering unique accommodations across the globe. If you’re considering investing in a property in Palm Beach County, you might be interested in condos that permit Airbnb rentals. This can be an excellent way to maximize your investment, providing a steady income stream while allowing you to enjoy the property yourself. Below, we delve into some of the best Palm Beach County condos that allow Airbnb, offering insights on locations, amenities, and potential rental returns.

Why Choose Palm Beach County for Airbnb?

Palm Beach County is renowned for its stunning beaches, upscale shopping districts, vibrant nightlife, and cultural attractions. With a warm climate year-round, it’s a hotspot for tourists and business travelers alike. Owning a condo in this prime location not only offers a luxurious lifestyle but also opens the door to lucrative rental opportunities. Here are a few compelling reasons to invest in Airbnb-friendly condos in Palm Beach County:

Tourist Destination: The county attracts millions of visitors annually, ensuring a high demand for short-term rentals. Key attractions include the Palm Beach Zoo, the Norton Museum of Art, and Lion Country Safari. Additionally, the renowned Clematis Street in West Palm Beach and Atlantic Avenue in Delray Beach offer vibrant nightlife and dining options.

High Rental Yields: Condos in this region tend to have high occupancy rates, translating to significant rental income. According to AirDNA, the average occupancy rate for short-term rentals in Palm Beach County is around 60-65%, with some properties exceeding 80% during peak seasons.

Flexible Usage: Owners can use the condo whenever they wish and rent it out when not in use, offering flexibility and convenience. This is particularly beneficial during major events such as the Palm Beach International Boat Show and the Delray Beach Open, which draw large crowds and increase demand for rentals.

Diverse Guest Demographics: The area appeals to a broad range of visitors, including vacationing families, business travelers, and seasonal residents. This diversity helps ensure a steady stream of potential renters throughout the year.

Proximity to Major Transportation Hubs: Palm Beach County is serviced by three major airports: Palm Beach International Airport (PBI), Fort Lauderdale-Hollywood International Airport (FLL), and Miami International Airport (MIA). Easy access to these airports makes the area convenient for both domestic and international travelers.

Golf Courses and Outdoor Activities: The county is home to some of the most prestigious golf courses in the country, such as The Breakers Ocean Course and PGA National Resort & Spa. Additionally, outdoor enthusiasts can enjoy water sports, fishing, and hiking in the many parks and nature reserves.

Educational Institutions and Healthcare Facilities: The presence of reputable educational institutions like Florida Atlantic University and top-tier healthcare facilities such as Cleveland Clinic Florida and Baptist Health South Florida attracts long-term renters, including visiting faculty, students, and medical professionals.

Palm Beach County Condos That Allow Airbnb

Key Amenities to Look for in Airbnb-Friendly Condos in Palm Beach County

When selecting a condo for Airbnb in Palm Beach County, it’s essential to consider the amenities that will attract guests and ensure high occupancy rates. Here are some key features to look for:

Prime Location

Proximity to Attractions: Condos near beaches, downtown areas, and tourist attractions are highly desirable. Guests prefer accommodations that offer easy access to popular spots such as shopping districts, restaurants, parks, and entertainment venues.

Example: A condo located within walking distance of the beach or a famous landmark like Clematis Street in West Palm Beach or Atlantic Avenue in Delray Beach can significantly increase booking rates.

Modern Amenities

Comfort and Convenience: Modern amenities such as swimming pools, fitness centers, and ample parking can greatly enhance the guest experience.

Example: Properties with resort-style pools, state-of-the-art fitness centers, and dedicated parking spaces tend to attract more guests, offering a more luxurious and convenient stay.

Safety and Security

Enhanced Security Features: Ensure the property has 24/7 security, gated access, and secure parking. These features provide peace of mind for both guests and hosts.

Example: Gated communities with security personnel and surveillance cameras are more likely to be preferred by travelers, especially those unfamiliar with the area.

Flexible Rental Policies

Short-Term Rental Support: Choose buildings with policies that support short-term rentals without restrictive limitations. This flexibility is crucial for maximizing rental income and accommodating a variety of guest needs.

Example: Buildings that allow rentals for durations as short as one night can cater to a broader audience, from business travelers to vacationers.

Additional Considerations

Pet-Friendly Options: Many travelers prefer accommodations that allow pets. Offering pet-friendly units can increase your potential guest pool.

Example: Condos with amenities like pet play areas and proximity to pet-friendly parks can attract guests traveling with their furry friends.

On-Site Services: Amenities such as on-site maintenance, business centers, and additional storage space can add significant value.

Example: Properties offering on-site services like a business center for business travelers or maintenance services for long-term guests can enhance the overall guest experience.

Enhanced Connectivity: Free high-speed internet and Wi-Fi in common areas are essential for modern travelers who need to stay connected.

Example: Reliable and fast internet access is often a deciding factor for guests, especially those working remotely or needing to stay connected for personal reasons.

Palm Beach County Condos That Allow Airbnb

Comparison Chart

Feature / Condo	The Reserve and the Park at Riverbridge	Mira Flores	Amrit Ocean Resort and Residences	The Delray Racquet Club Community
Address	50 Olive Tree Circle, West Palm Beach	11900 Valencia Gardens Ave., Palm Beach Gardens	3100 N Ocean Dr., Singer Island	500 Egret Cir., Delray Beach
Airbnb Hosting Nights	Up to 120 nights per year	Up to 90 nights per year	Immediate nightly, seasonal, and annual leases	Short-term/30-day minimum rentals
Estimated Earnings for 27 Nights for a One-bedroom Apartment	$2,329	$2,521	N/A	N/A
Price	N/A	N/A	$3,900,000	$374,000
Beds / Baths	N/A	N/A	2 Beds / 2.5 Baths	2 Beds / 2 Baths
Square Feet	N/A	N/A	2,525	1,175
Year Built	N/A	N/A	2023	1981
Monthly HOA Fee	There’s a 10% revenue share at this building	There’s a 25% revenue share at this building.	$3,419	$623
Building Features and In-unit amenities	Pet friendly, parking, fitness center, pool, business center, playground, courts, clubhouse, pet play area, car wash, wifi, maintenance, controlled access, and optional in-unit amenities	Pet-friendly, private garage, fitness center, pool, business center, playground, courts, clubhouse, and optional in-unit amenities	Fully furnished, valet, dog runs, smart home system, custom closets, gourmet kitchen, spa-like bathroom	Fully furnished, impact windows, laundry room, new appliances, screened patio, community amenities

Detailed Overview of Specific Condos in Palm Beach County

The Reserve and the Park at Riverbridge

Address: 50 Olive Tree Circle, West Palm Beach, FL, US

Airbnb Potential: This building allows hosting up to 120 nights per year. You could earn approximately $2,329 for 27 nights for a one-bedroom apartment.

Building Features: Pet-Friendly (with restrictions), Parking on-site, Fitness center, Pool, Business center, Additional storage space, Playground, Basketball court, Tennis court

Clubhouse, Pet play area, Car wash area, WiFi in common spaces, On-site maintenance service, Controlled access.

Optional in-unit: Patio, Furnished apartments, Washer, Dryer

Nearby Attractions:

0.91 miles to Walmart Supercenter
1.12 miles to Okeeheelee Park
4.82 miles to Coral Sky Amphitheatre
4.44 miles to Texas Roadhouse
3.77 miles to La Perrada Del Gordo
4.21 miles to Palm Beach Skate Zone
1.94 miles to Shark Wake Park 561
1.32 miles to Greenacres Freedom Park
2.94 miles to Colombino Italian Bakery-Deli
3.76 miles to El Rinconcito Colombiano de WPB
2.90 miles to Palm Beach National Golf & Country Club
0.65 miles to Applebee’s
3.52 miles to Mom’s Kitchen

Summary: The Reserve and the Park at Riverbridge offer a family-friendly environment with a range of amenities that cater to active lifestyles. Its flexible rental policies make it ideal for Airbnb hosts, while the proximity to parks, restaurants, and entertainment ensures a steady stream of potential guests.

Mira Flores

Address: 11900 Valencia Gardens Avenue, Palm Beach Gardens, FL, US

Airbnb Potential: This building allows hosting up to 90 nights per year. You could earn approximately $2,521 for 27 nights for a one-bedroom apartment.

Building Features: Pet-friendly (with restrictions), Private garage, Fitness center, Pool, Business center, Additional storage space, Playground, Basketball court, Tennis court, Clubhouse

Optional in-unit: Balcony, Patio, Washer, Dryer, Air conditioning, Stainless steel appliances

Nearby Attractions:

1.25 miles to The Gardens Mall
4.16 miles to Roger Dean Chevrolet Stadium
1.05 miles to Legacy Place
1.74 miles to Trader Joe’s
4.11 miles to Downtown Abacoa
2.11 miles to Waterway Cafe
3.43 miles to LA Fitness
2.10 miles to Palm Beach Gardens Medical Center
3.84 miles to Alton Town Center
0.44 miles to Yard House
2.40 miles to Seasons 52
4.79 miles to Thirsty Turtle Seagrill
1.57 miles to Outback Steakhouse

Summary: Mira Flores offers luxury living with a host of amenities designed for comfort and convenience. Its proximity to shopping, dining, and entertainment venues makes it an attractive option for short-term renters looking for a high-end experience in Palm Beach Gardens.

Amrit Ocean Resort & Residences

Address: 3100 N Ocean Dr., Singer Island, FL 33404

Price: $3,900,000

Year Built: 2023

Monthly HOA Fee: $3,419

Building Features: Fully furnished and turnkey, 24-hour valet, Dog runs

Rental Potential: Amrit Ocean Resort & Residences allows immediate nightly rentals, annual leases, seasonal leases, and short-term stays, making it an ideal investment for rental income.

Nearby Attractions:

300 feet of pristine beach frontage
Future development plans include fine dining and wellness amenities

Summary: The residence at Amrit Ocean Resort and Residences offers unparalleled luxury with breathtaking ocean and Intracoastal views. The high-end amenities, combined with flexible rental policies, make it a unique investment opportunity on Singer Island. The ongoing development of the Happiness Tower will further enhance the appeal of these condos for both guests and investors.

The Delray Racquet Club

Address: 500 Egret Cir., Delray Beach, FL 33444

Price: $374,000

Year Built: 1981

Monthly HOA Fee: $623

Building Features: Fully furnished and turnkey, Impact windows & doors, Laundry room with full-size washer/dryer, Screened-in patio overlooking garden and tennis courts.

Community amenities include 2 pools, spa, renovated fitness center, and clubhouse

Rental Potential: The Delray Racquet Club community allows short-term / 30-day minimum rentals, making it an ideal choice for Airbnb investments.

Nearby Attractions:

1 mile from Atlantic Avenue
2 miles to the beach
Walking distance to Whole Foods, restaurants, and shopping
20 minutes to the airport
Close to I95

Summary: The Delray Racquet Club offers a prime location close to Delray Beach’s popular attractions and amenities. Its fully furnished, turnkey setup and community features make it an attractive option for short-term renters seeking convenience and comfort.

Each of these condos offers unique features and amenities that cater to different types of guests. The Reserve and the Park at Riverbridge are ideal for families and active individuals, Mira Flores appeals to luxury travelers, Amrit Ocean Resort & Residences provides an unparalleled high-end beachfront living experience, and The Delray Racquet Club offers a prime location in Delray Beach with turnkey convenience. Investing in any of these properties can yield significant returns.

Legal Considerations for Airbnb in Palm Beach County

As an Airbnb host in Palm Beach County, understanding local laws is crucial for compliance and successful hosting. Here’s a detailed guide to help you navigate the legal requirements and ensure your property meets all necessary regulations.

Host Requirements

If you host short-term stays (fewer than 180 consecutive nights) in Palm Beach County, you must obtain:

Tourist Development Tax (TDT) Account Number: Required for collecting and remitting the county’s Tourist Development Tax.

Business Tax Receipt (BTR) Number: Required for each of your listings to legally operate short-term rentals.

Tourist Development Tax (TDT)

What You Need to Know:

TDT Rate: 6% of total taxable rental receipts.

Collection and Remittance: As a host, you must collect the TDT from guests and remit it via your TDT account number.

More Information: Visit the Palm Beach County tax collector’s website or contact their tax specialist hotline at (561) 355-3547.

Step-by-Step Guide to Obtaining a TDT Account Number

Proof of Identity: Provide a driver’s license number, social security number, employer identification number, or federal identification number.

Property Control Numbers (PCN): Required for each of your listings. Look up your PCN here.

Registration Process:

Create an account on Palm Beach County’s TDT portal.
Verify your account via email.
Log in and complete the TDT application online.
Receive your TDT account number upon approval.
For assistance, contact Palm Beach County tax specialists at (561) 355-3547 or [email protected]

Business Tax Receipt (BTR)

What You Need to Know:

Required Documentation:

Your TDT account number.
Completed BTR application form(s) for each listing.
Application fee payment (check the specific amount on your BTR form).

Submission Process:

Complete a Business Tax Receipt form for each listing.
Write a check to “Tax Collector, Palm Beach County.”
Submit your BTR form in person at the Government Center or via mail to: Tax Collector, Palm Beach County, Attn. Tourist Development Tax, P.O. Box 3715, West Palm Beach, FL 33402-3715.

Pro Tip: Submitting in person may expedite the process.

BTR numbers must be renewed annually online. For further assistance, contact the Palm Beach County tax specialists at (561) 355-3547 or [email protected]

Uploading Your TDT and BTR Numbers to Airbnb

What You Need:

County Tourist Development Tax Number: Example format: 000012345.
County Business Tax Receipt Number: Example format: 2020123456.
Return to Airbnb and add these numbers to your listing to complete your registration process.

Taxes

In Palm Beach County, as a host, you are responsible for:

Obtaining a TDT Account Number and BTR Number.
Collecting and Remitting TDT: The county requires you to collect 6% TDT from guests and remit it through your TDT account number.

For more detailed tax obligations, visit the county’s website or contact the tax specialists.

Other Rules and Regulations

In addition to county requirements, ensure compliance with:

Local Leases and HOA Rules: Check your lease agreement and consult with your landlord, if applicable. Also, review the rules set by your condo board, co-op, or homeowner’s association.

State Regulations: Refer to Florida’s hosting regulations for additional requirements.

For more information, visit Palm Beach County’s tax website or consult a local lawyer or tax professional.

By understanding and adhering to these legal requirements, you can ensure a smooth and compliant hosting experience in Palm Beach County.

Maximizing Your Airbnb Rental Income in Palm Beach County

Investing in a condo that allows Airbnb is just the first step. To maximize your rental income, consider these strategies:

1. Professional Photography

High-quality photos can significantly increase your listing’s attractiveness. Hire a professional photographer to capture your condo in the best light, highlighting its features and amenities. In Palm Beach County, showcasing stunning beach views, modern amenities, and well-decorated interiors can make your listing stand out. Ensure to include shots of nearby attractions such as pristine beaches, luxury shopping areas, and vibrant nightlife spots.

2. Detailed Descriptions

Write detailed and engaging descriptions for your Airbnb listing. Include comprehensive information about the condo’s features, such as modern appliances, spacious layouts, and unique amenities like a pool or fitness center. Highlight nearby attractions and conveniences such as:

Proximity to famous beaches like Palm Beach and Delray Beach
Nearby shopping centers such as The Gardens Mall
Popular dining spots and nightlife venues
Local parks and recreational areas like Okeeheelee Park
Proximity to transportation hubs like Palm Beach International Airport
Mention any special touches that make your property unique, such as a private balcony with ocean views or a pet-friendly policy.

3. Competitive Pricing

Research similar listings in your area to set competitive pricing. Consider the seasonality of the Palm Beach County market; offering discounts during off-peak seasons can attract more guests. Use tools like Airbnb’s pricing tips to adjust rates based on demand. For high-demand periods such as the Palm Beach International Boat Show or winter holidays, slightly increasing prices can maximize revenue while still remaining competitive.

4. Excellent Customer Service

Respond promptly to inquiries and provide excellent customer service. Positive reviews are crucial for boosting your listing’s visibility and attracting more bookings. In Palm Beach County, many guests expect a high level of service, so ensure to:

Communicate promptly and clearly
Provide detailed check-in instructions
Be available to address any issues during the stay
Offer local tips and recommendations to enhance the guest experience

5. Regular Updates and Maintenance

Keep your property in top condition with regular updates and maintenance. A well-maintained condo will receive better reviews and higher occupancy rates. Regularly inspect your property for wear and tear, and make necessary updates to keep it modern and attractive. In Palm Beach County, consider:

Seasonal maintenance checks, especially before peak tourist seasons
Updating décor and furnishings to keep the property looking fresh and appealing
Ensuring all amenities, such as the pool or fitness center, are in excellent condition
Providing high-quality linens, towels, and toiletries for guest use

Homeowner Association (HOA) Rules

If your property is part of a Homeowner Association (HOA), you must also comply with the HOA’s rules and regulations regarding short-term rentals. These rules can vary significantly between different associations and can include restrictions on rental duration, occupancy limits, and the need for prior approval from the HOA board. Some HOAs may prohibit short-term rentals entirely, while others may impose specific requirements, such as additional fees or security deposits. It’s crucial to review your HOA’s governing documents and consult with the board to ensure compliance. Ignoring HOA rules can result in fines, penalties, or even legal action, which can disrupt your hosting activities.

Other Rules and Regulations

In addition to county requirements, ensure compliance with:

Local Leases and HOA Rules: Check your lease agreement and consult with your landlord, if applicable. Also, review rules set by your condo board, co-op, or homeowner’s association.

State Regulations: Refer to Florida’s hosting regulations for additional requirements.

By implementing these strategies, you can enhance the appeal of your Airbnb listing in Palm Beach County, attract more guests, and maximize your rental income.

Conclusion

Investing in Palm Beach County condos that allow Airbnb offers a lucrative opportunity to capitalize on the region’s thriving tourism market. With its stunning beaches, vibrant nightlife, upscale shopping districts, and a plethora of cultural attractions, Palm Beach County attracts millions of visitors annually. The flexibility of using your condo for personal enjoyment while earning significant rental income makes this an appealing investment. By selecting properties with prime locations, modern amenities, and adherence to local regulations, you can maximize your Airbnb rental income. Implementing effective marketing strategies, maintaining high standards of customer service, and staying compliant with local laws will further enhance your success as an Airbnb host in this beautiful and dynamic region.

Palm Beach County Condos That Allow Airbnb

Why Choose Palm Beach County for Airbnb?