Orlando Short Term Rental Zoning & Laws

Short Term Rental
A short term rental is a rental of a property for a period of less than seven months. Over a seven month rental period the rental would be considered a “Long Term Rental”
To operate your vacation home as a “short term rental” property, you must apply for a tourism tax license and a business license from the county that your property resides in. It’s a simple and inexpensive process which will allow you to operate your property as a “small hotel”. This license is only granted to an owner whose property qualifies by being in a properly zoned area and is essential to allow you to run your STR business.
Properties that are found to be operating a STR program but are not licensed to do may be fined up to $250 a day for non-compliance.

Community or Association approval.
In addition to the land being zoned by the county for STR, the individual community must also have been approved by the Community “Home Owners Association” (HOA) for short term rental. You can therefore have a home in a county land area zoned for short term rental but not for the community the property is in.
It is very important to know if a community allows for STR before you decide to purchase if you intend to rent short term.

Where is the STR zone in the Orlando area.
With the exception of a few communities the majority of the land to the south and west of Walt Disney property as far west as 27 and south as southern dunes golf club is zoned for short term rental. An experienced Realtor who specializes in vacation home property will be able to advise you if your property is situated in a community that allows short term rental.

See the Four Corners Short Term Rental Zone

What are the advantages disadvantages.
The main difference for you as an investor and the decision you will have to make regarding STR v LTR is use.
STR allows you to use the property whenever you want, you just need to let your property management company know in advance your plans and they will block out the dates for you.
STR is generally a more complex program and owners that opt for STR are usually looking to rent the property when they are not using it to help offset the costs of owning it.
Active owners and a property that is well marketed and in a good location could turn an annual profit, but in most cases the owner is looking to get close to covering ownership costs.

LTR on the other hand is generally an investment strategy. Finding a renter for 12 months or more to generate guaranteed income can result in an annual positive cash flow. LTR is also relatively easy to manage.
The drawback is you can’t throw your renter onto the street when you fancy a few weeks in sunny Florida, but you can look forward to a long term annual returns and  hopefully solid appreciation.