STR Investing, The Podcast
In this week's Monday Market Data Report, Mark Lumpkin breaks down one of the most requested short-term rental markets in the country: Destin, Florida. With more than 8 million annual visitors across the Destin and Fort Walton Beach area, this Emerald Coast destination continues to be one of the strongest beach markets for STR investors. In this episode, Mark covers: * Revenue potential by bedroom count * Why larger homes dramatically outperform condos and smaller properties * The amenities every Destin investor needs to compete * Which upgrades still help you stand out in a crowded market Here's what the data shows: • 1 Bedroom → ~$50K/year average • 2 Bedrooms → ~$80K/year average • 3 Bedrooms → ~$103K/year average • 5 Bedrooms → ~$164K/year average • 8 Bedrooms → ~$250K+/year average On the amenity side: * Pools → 92% of listings * Hot Tubs → 45% * Game Rooms → 22% * Waterfront → 22% The biggest opportunities? Less than 10% of properties have pickleball courts, gyms, or playgrounds, while movie theaters, mini golf, and saunas remain extremely rare. If you're buying or optimizing an STR on the Emerald Coast, this episode is your roadmap to standing out and maximizing revenue. Subscribe for new Market Data Reports every Monday and expert guest interviews every Friday.
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