Rent Your Vacation Home or Condo in Okaloosa Island, Florida

Positive Trends in Okaloosa Island, Florida Short-Term Rental Vacation Rentals The Sunshine State of Florida is a prime vacation destination for many people. The state’s warm climate, beautiful beaches, and historic sites make it a popular destination for visitors from around the world. One of the state’s most popular attractions is Okaloosa Island. This barrier island island is located just south of Pensacola and is known for its miles of sandy beaches and protected wildlife sanctuaries. There are more than 10,000 short-term rental properties on Okaloosa Island, making it one of the area’s most popular vacation rental destinations. Those looking to take advantage of Okaloosa Island’s popularity as a vacation rental destination should consider renting out their home as a short-term rental. It can generate significant revenue without taking up much time or effort on your part. If you have an empty Okaloosa Island home or condo that you would like to rent out for the summer, it may be worth looking into the benefits of renting out your home as a short-term rental. There are several advantages to renting out your Okaloosa Island property as a short-term rental, including:

When partnering with RedAwning for your property management needs, we can make sure your Okaloosa Island rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Okaloosa Island

During the month of October, Fort Walton Beach, for example, is projected to generate over $308/night for a 2 bedroom vacation rental, on average! There were 2,782 vacation active rental properties in Okaloosa Island.  2,715 are renting the entire place, and 67 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Fort Walton Beach is booked 78% of the time, and most hosts are projected to generate $6,079 or more during the month of October! Is your home in Okaloosa Island and areas including , 32548, or another neighborhood in Okaloosa Island, Florida? See how much you could earn with your Okaloosa Island vacation rental.
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$308.00 Per Night*

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77% Occupied*

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$6,079.00 Per Month*

* Based on the median average of all vacation rentals in the Okaloosa Island area.
Get a free estimate for your home or condo.

Vacation Rentals in Okaloosa Island are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in Okaloosa Island, Florida

For many people, renting out your vacation home is a great way to make extra money. There are several things to consider when deciding whether or not to rent out your Okaloosa Island home as a short-term rental. First, you need to decide whether or not you want to take the risk. Short-term rentals are more common in beach communities, where vacationers looking for affordable accommodations can find plenty of listings on sites like VRBO.com and Airbnb.com. But this doesn't mean that short-term rentals are always safe places for visitors. In fact, there have been several reports of short-term rental hosts breaking the rules when it comes to things like bedding down with their guests and not following health codes. So it's important to do your research before you rent out your Okaloosa Island home as a short-term rental.

For most homeowners, a vacation rental is a great way to take advantage of the low cost of long-term vacation rentals. When you rent out your home for short-term stays, you can earn extra income and keep your house available for future vacations. To be successful as a short-term rental host, you will need to carefully plan your vacation rental property. Consider the amenities that are important to potential guests, and provide them when needed. Be sure to check in regularly with guests to ensure their stay is comfortable and enjoyable. Finally, consider adding short-term rentals to your listing online so that you can reach potential guests more easily. By following these tips, you can earn extra income and increase your chances of success as a short-term rental host in Okaloosa Island, Florida.

RedAwning takes the guess-work out of Okaloosa Island property management, and we work with you to ensure your Okaloosa Island short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Okaloosa Island vacation rental could earn:

Revenue Projections for Vacation Rentals in Fort Walton Beach/Okaloosa Island, Florida during November, 2022

Based on a 2 bedroom, which is the most common Okaloosa Island vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in November. Higher bars below can command higher prices, if your Okaloosa Island vacation rental is available during these days.
 
$19954%1st
 
$20055%2nd
 
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$20456%4th
 
$20356%5th
 
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$20254%11th
 
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$19950%13th
 
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$20656%19th
 
$20757%20th
 
$20958%21st
 
$21260%22nd
 
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$22161%25th
 
$21353%26th
 
$20647%27th
 
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$19845%30th
 

Average Daily Price & Percent Occupied Next Month In Okaloosa Island

Note: These averages are based on a 2 bedroom home in Fort Walton Beach. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Okaloosa Island, Florida?

If you are a speculative home buyer or have another home in Florida, check out our other Florida Vacation Rental Management reports in Bradenton BeachBradentonBrooksvilleCape CanaveralCaptivaClearwater BeachClearwaterClermontCocoa BeachDade CityDaniaDavenportDaytona BeachEnglewoodFort LauderdaleFort MyersHaines CityHollywoodJacksonville BeachJacksonvilleJensen BeachKey WestKissimmeeMarathonMarco IslandMiami BeachOrlandoMiamiNaplesNavarreNew Port RicheyNorth Weeki WacheePalm BeachPompano BeachPunta GordaSaint PetersburgSanibelSarasotaSatellite BeachSt. AugustineSt. PetersburgStuartSurfsideTampaVero BeachWest Palm BeachFt. WaltonDestinPanama City BeachMiramarSiesta KeyPalm CoastFlagler BeachGeorgetownDatona BeachNew Smyrna BeachOak HillMelbornePalm BayFort PierceDelray BeachBoca RatonBrunswickHudsonVeniceBoca GrandeBonita SpringsEverglades CityCape CoralDaytonaPort St. JoeCrystal RiverGainesvilleFort Myers BeachFort Walton BeachFernandina BeachSanta Rosa BeachHolmes BeachCape HazeSaint AugustineMiramar BeachTreasure IslandAnna MariaInlet BeachNavarre BeachInvernessChampions GateHollywood BeachSunny IslesPlacidaSeacrest BeachRosemary BeachHainesSunny Isles BeachIndian Rocks BeachDaytona Beach ShoresOkeechobeeLongboat KeyReunionPalm HarborProvidenceLake Buena VistaHernandoCortezOakland ParkMelbourneSeagrove BeachFour CornersFt Myers BeachOrmond BeachPanama CityCrescent CityLargoDavnportBlue Mountain BeachSaint Augustine BeachPanama Beach CityChampion GateSt. Pete BeachPlantationKissimmieeKissimmeMarco IsandPalmettoMarcoMirimar BeachSt AugustineHallandale BeachSeminoleIndian ShoresDvenportDeltonaDunedinFt. Myers BeachRotonda WestLauderdaleHainescityEastpointGrayton BeachSeasidePensacola BeachLake PlacidShalimarPort St. LucieWinter HavenOcala,  and Pensacola, Florida or view all of our vacation rental market reports

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