The stunning Northwest Florida Gulf Coast is no stranger to national rankings, often being included in best beach lists rated under many different criteria. A new recognition is now added to the list, as #1 out of the Top 20 U.S. vacation-rental investment spots for 2020. The report was released by rental management site Rented Inc. and Weiss Analytics this July.
The ranking has been reported annually since 2015 with Rented Inc. and Weiss Analytics using property data based on highest return on investment to create the list. A three-bedroom, two-bath single family home rental is used as a base and then compared with top vacation rental areas based on the parameters of homeownership, short-term revenue potential, cost to acquire, annual appreciation and projected changes in asset value.
In light of the coronavirus pandemic, the companies noticed an increase in value for areas that were a short drive from large metro areas. The Florida Panhandle has long been a favorite destination for city dwellers in Texas, Alabama, Georgia, Louisiana and Tennessee. The region scored a 98.7 index, over 5 points ahead of the second-place destination, South Jersey Shore, N.J. See the complete rankings HERE.
Adding to the appeal of the Florida Panhandle is the wide variety of destinations available from sleepy coastal towns of the Forgotten Coast to the action-packed shores of Panama City Beach to the boutique master planned communities of the 30A Beaches. At Berkshire Hathaway HomeServices Beach Properties of Florida, we serve customers in communities from Gulf Breeze to St. George Island. See featured properties below, and then search our site to find your perfect match.
FEATURED PROPERTY
Grayton Beach – 177 Grayton Trails Road · 5 Bed, 4.5 Bath · 3,354 Square Feet
A truly rare opportunity, this waterfront luxury property offers an incredible combination of water access, craftsmanship and privacy nestled within coveted Grayton Beach, consistently ranked among the nation’s best beaches. Designed by Geoff Chick and built in 2018, this 5BR/4.5 BA home rests on almost 3/4 of an acre along an ancillary of Western Lake with a private dock, a large pool with sun deck, a volleyball court, fire pit, grill area, a paddle board/kayak launch and a large screened porch with an outdoor seating area.
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