HomeStakes Top Property Picks July 30

Welcome to this week's exclusive list of some of the most lucrative vacation rental properties across the country! This week we dive into properties across Florida, Texas, and Hawaii that stand out as short-term rental markets.

For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down to the key criteria we are evaluating and why.

This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.

If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other FREE resources HERE.

Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!

Tampa, Florida Vacation Homes

8606 N 17th St, Tampa, FL 33604

List Price: $273,500
Accommodations: 3 Bed / 2 Bath - 1,028 SF on 5,250 sqft lot
Total estimated revenue: $37,068
Occupancy rate: 51%
Daily rate: $199
NOI: $18,569
Location: A+
Property Summary: Built in 1947, this 3-bed, 2-bath home has a spacious porch. Inside, there's a living/dining combo with a view of the kitchen, which features new cabinets, quartz countertops, a backsplash, fixtures, and a bar area. To the right are two bedrooms with plenty of light, and past the kitchen is a bathroom with new tile, a vanity, and fixtures. Past the kitchen is the pantry and master bedroom with an ensuite bathroom featuring new tile, a vanity, and fixtures. The door past the master leads to the laundry area and a separate entry from the back, making it a great rental space. Behind the home is a space for storage or conversion into an ADU, with electricity already in place. This home has a 4-year-old roof and AC unit.
Notes: The interior is in perfect turnkey condition, while the exterior requires some cleaning, mowing, and tree trimming; this location offers easy access for commuting, restaurants, parks, markets, schools, cafes, a zoo, a golf course, and is 21 minutes from Tampa International Airport, 13 minutes from Kindred Hospital Central Tampa, 15 minutes from AdventHealth Carrollwood Hospital, 16 minutes from St. Joseph's Hospital, and many more amenities.

1511 E Diana St, Tampa, FL 33610

List Price: $418,400
Accommodations: 3 Bed / 2 Bath - 1,278 SF on 7,475 sqft lot
Total estimated revenue: $57,704
Occupancy rate: 61%
Daily rate: $259
NOI: $36,523
Location: A+
Property Summary: Built in 1952, this 3-bed, 2-bath home has new laminate wood floors throughout the spacious living and dining areas. The updated kitchen features brand-new stainless steel appliances, granite countertops, shaker cabinets, and a stylish backsplash. The primary bedroom includes a large walk-in closet, and the master bath has a double vanity. Two additional rooms provide space for guests, while the third bedroom is perfect for an office, den, or hobby room. The bathrooms have modern tiles, new vanities, and LED light fixtures. The home also has a new roof and HVAC system. Outside, there's an oversized shed, plus an extra-long driveway and double carport for parking.
Notes: The interior is in perfect turnkey condition, while the exterior requires some cleaning, mowing, and tree trimming; by adding entertainment features, it can become more lively and appealing, and the property offers easy access to a plethora of restaurants, coffee shops, microbreweries, shopping centers, entertainment venues, parks, and schools, and is 14 minutes from St. Joseph's Hospital and AdventHealth Carrollwood Hospital, 19 minutes from Tampa International Airport, and much more.

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