Can Your Vacation Home Also be a Money Maker?

When you own a vacation home in Destin or 30A, you’re sitting on more than just a slice of paradise—you’ve got a real opportunity to generate income to offset your cost of ownership, or in some cases, turn a profit.?

Destin and 30A are among the most sought-after vacation destinations, drawing year-round visitors with their stunning beaches, vibrant dining, boutique shopping, and endless outdoor activities. This consistent popularity means high demand for short-term rentals, especially for well-located, thoughtfully designed and well-managed properties.?

Guests are willing to pay a premium for homes with beachfront views, luxury interiors, and proximity to local attractions. To maximize your property’s potential, focus on making it stand out. Think professional photography, engaging descriptions, and special touches like fast Wi-Fi, luxury linens, and inviting spaces for your guests to hang out in. These details elevate the guest experience, driving positive reviews and repeat bookings.

It’s also important to weigh your property management options. Who will help ensure your property meets or exceeds guest expectations that will, in turn, drive your revenue. Not all management companies are created equal.?

Is self-management the right path for you? Many balk at the thought. But if you have a knack for process and love for hospitality, you may be just the person to provide the best experience for your guests, while saving upwards of 20% in management fees.?

Ready to act on your dream of owning a second home or vacation rental along the Emerald Coast? Connect with Erik today!