Short-Term Rentals in St. Augustine, FL

St. Augustine’s rich history, vibrant arts scene, and beautiful beaches make it a top destination for vacationers. That demand has made short-term rentals a popular choice, especially in areas close to downtown, St. Augustine Beach, and the oceanfront condo communities like Colony Reef Club.

Pros:

• Higher Income Potential: You can often earn more per night with short-term rentals, especially during peak tourist seasons and local events like Nights of Lights.

• Flexibility: You can block out dates for personal use, which is ideal if you still want to enjoy your property now and then.

• Tax Benefits: In some cases, you may qualify for certain deductions, such as depreciation and operational expenses.

Cons:

• More Management Involved: Short-term rentals require frequent cleaning, maintenance, guest communication, and marketing. Unless you hire a property manager, it can feel like a full-time job.

• Regulations & Licensing: St. Augustine and St. Johns County have specific rules and permitting requirements for short-term rentals. Staying compliant is crucial.

• Seasonal Fluctuations: Income can be inconsistent, especially during off-seasons or inclement weather periods.

Long-Term Leasing in St. Augustine, FL

On the flip side, long-term property management provides stability and peace of mind. With a growing population and strong demand for rental housing, St. Augustine is an excellent place to secure reliable tenants for 12 months or more.

Pros:

• Consistent Cash Flow: Long-term leases provide stable, predictable income month after month.

• Less Turnover: Fewer tenant changes mean lower maintenance and marketing costs.

• Hands-Off Management: Once a tenant is placed, long-term rentals typically require less day-to-day involvement—especially if you’re working with a local property management company.

Cons:

• Lower Income Potential: While stable, long-term leases usually bring in less monthly income compared to short-term rentals.

• Limited Access: Once leased, you generally can’t use your property for personal stays until the lease is up.

• Wear and Tear: A single tenant may cause wear over time, and if issues arise, it may take longer to resolve compared to a short-term guest.

So, What’s Right for You?

Choosing between short-term renting and long-term leasing in St. Augustine, Florida depends on your personal goals. Do you want to maximize profits and don’t mind the hustle of turnovers and guest coordination? Short-term may be your path. Looking for passive income and less hands-on involvement? Long-term leasing could be the better fit.

At Lighthouse Realty, we help property owners navigate both options. Whether you’re considering listing your oceanfront condo at Colony Reef Club as a vacation rental or securing a year-long tenant in a quiet neighborhood, we’re here to guide you every step of the way.

Need help deciding which rental strategy is right for your St. Augustine property?Let’s talk! We offer full-service property management and personalized advice tailored to your investment goals.

📞 Call us today or send a message—we’re always happy to help.