Daytona Beach Ranks As Great Location For Vacation Rental Properties

2 years ago
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Daytona Beach Ranks As Great Location For Vacation Rental Properties

See which Central Florida city is among the best in the U.S. to buy a vacation home One Central Florida city near Orlando is considered one of the best places in the nation to buy a vacation home. Daytona Beach came in at Number 14 city among the top 25 places to buy a vacation home, according to Vacasa, a Portland, Oregon-based vacation rental company with 25,000-plus U.S. properties. Daytona Beach has a capitalization rate of 7% and the median sale price on vacation homes in the market was $260,500. Gross annual rental revenue in the market averaged $38,790, said the report. Six other Florida cities made the list including: Palm Coast 3rd Okaloosa Island 5th Fort Lauderdale 6th Cape Coral 11th Bradenton 20th and Port St. Joe.

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