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re: Gulf Coast Beach Condo rental rates

Posted on 4/14/24 at 7:21 pm to
Posted by baldona
Florida
Member since Feb 2016
20512 posts
Posted on 4/14/24 at 7:21 pm to
quote:

Cheaper rates on Waikiki Beach


Lol. Some of you guys are great. Go to NYC. Go to Paris, Go to Hawaii. Its all cheaper than the gulf coast!

Come on. Prices are not up from last year, they are flat or down a little. Source, i'm local and have a rental myself.

Everything is crazy more now along the gulf coast. Labor rates have fricked everything up, not to mention basic supplies just like grocery prices, then you add in insurance.

Real estate does seem to be trending down, so I could see some price drops over the next year to be honest. Occupancy is down 3-5% over last year for the most part and inventory is up with more and more building, so if you want to wait until the last minute I'm sure theres going to be a lot of good deals to be had.

Posted by SippyCup
Gulf Coast
Member since Sep 2008
6145 posts
Posted on 4/16/24 at 12:39 pm to
quote:

Prices are not up from last year, they are flat or down a little. Source, i'm local and have a rental myself.


Same here and my bookings for the summer are down. March was much slower around NWFL than last year. Can't say I'm not happy about that.
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