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Short term vs long term rentals in Florida-which one to choose

Everyone gets a chance to travel based on their conditions. Some follow the 8-8-8 rule and travel every eighth week with their family, while some couldn’t even manage to travel for years. Some somehow manage to afford a short trip with a meager balance in their account but their lack of traveling experience costs them an unusual expense.

Let’s say a family plans to visit Florida on vacation. The need for property management services in Florida becomes a source of help for them in such cases only. 

An inadequate traveling experience might bring a situation before the travelers where they would rather book a short-term rental where a long-term rental would work better. To manage other real estate services related to rentals also isn’t a cup of tea for a non-experienced traveler.

Here arrives the purposeful requirement of Florida property management services for them. Such services not only help us with relevant real estate services but also clarify the difference between short-term and long-term rentals, with options for us to choose one out of many and why.

In this blog, we are going to see the difference between short-term and long-term rentals in Florida, which is crucial for every traveler to understand, be he traveling with an official purpose, or with family on vacation.

The Basic Difference between Short-term v/s Long-term Rentals

Short-term rentals are a kind of accommodation usually required for some hours to a maximum of 7 days. The longer ones are for even more days or even months.

Short term rental vs long term rental

There are other differences between them too, based on which you shall decide, which one to choose for your vacation next time. Let us move ahead with them without any delay-

List of Differences between Short-term vs Long-term Rentals 

1. Duration of Stay

For weekend getaways or a week-long vacation, short-term rentals are usually rented. However, for a month-long vacation or a stay that could extend up to months or even years sometimes, seek long-term rentals.

2. Pricing

Short-term rentals are quickly left and occupied properties. Therefore, they are generally of higher rates compared to long-term rentals in Florida. As far as income is concerned from the owner’s perspective, long-term rentals are more reliable and stable.

Another fact that makes short-term rentals comparatively costlier than the other one is the inclusion of cleaning services. Whereas, long-term rentals are ruled by the buyer’s cleaning responsibility.

3. Flexibility

Florida rentals by owners provide more flexibility for travelers who would be exploring multiple destinations. Specifically, those who would like the freedom to customize their plans on short notice. 

Flexibility

In the case of long-term rentals, the owners prefer to offer stability and consistency to make them feel fit for customers looking for a permanent or semi-permanent residence.

4. Regulations & Terms

 Short-term rentals usually are stricter in comparison to the long-term rentals. The reason is their obligation to hospitality-based services. Long-term rentals are not bound to provide the same, or they may if they choose to. 

Also, depending on the location, some places might have unique restrictions on the number of days a property can be rented out.

Long-term rentals in Florida are generally subject to standard rental regulations. These regulations may include lease agreements and tenant rights, which is usual anywhere else too. 

Conclusively, the regulations for long-term rentals are comparatively less burdensome for the owner, as well as the buyer, than those for short-term rentals.

5. Furnishing and Amenities 

While choosing short-term rentals in Florida, you will get certain amenities prefixed in the property. For say, Wi-Fi, Cable TV, and other requisite services based on hospitality that are aimed at luxury to pamper the tenant in the shortest period.

Long-term rentals, on the other hand, are available for such options and may not ensure the luxury in advance to you. It is not even advisable for the owner to do so, as a matter of economic risk. Tenants, in long-term rentals in Florida, are expected to manage their desired utility on their level. 

6. Target Audience

Suppose you are looking for a stay to visit Florida for a week, in that case, short-term rentals are ideal as they primarily cater to tourists especially. Business travelers, or individuals seeking temporary accommodation for specific events or holidays are also the primary target audience for short-term rentals in Florida.

Target audience

Marketing segmentation, customers care, customer relationship management (CRM) and team building concepts.

Students looking for a longer stay, and people who are relocating to another city for their work prefer long-term rentals. 

Understanding these differences is crucial for both property owners and renters to choose the type of accommodation that best suits their needs and preferences. 

How to book Short-term and Long-term rentals from any property management website?

For say, Rezo is an online property management service provider. It offers rentals, as well as vacation homes for buying and selling. It allows buyers to find, and sellers to post and list their property for better marketing.

  • Visit Rezopropertymanagement.com and you will find the following options-
  • Listings (where the available properties are visible with all the details)
  • Rentals (where different properties with their specifications are available for example, Vacation, Mid-term, and Home Rentals)
  • Gallery & Blogs for a detailed view of different properties at one glance.
  • Once you visit the website, you can opt for the property and hire the services for all the relevant real estate solutions.

Rezopropertymanagement is a one-stop solution for property-related aspects and searching. Try it out once, and get yourself the best and an easy way out of it.

 

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