Venice
Explore Venice's Market Performance
Unlock in-depth insights on short-term rental performance and investment returns in Venice. Want to see how Venice compares to other top cities in Florida? Explore all city regulations in Florida. →
Venice
Market Saturation Index
STR Regulations for Venice
Short-Term Rental Guide for Venice, FL
Overview of Short-Term Rental Regulations
Are Short-Term Rentals Allowed?
Yes, short-term rentals are legal in Venice, FL, which is part of Sarasota County. However, there are specific regulations and requirements that must be followed.
Key Regulations and Requirements
Rental Duration
- Minimum rental period: While some sources suggest a 7-day minimum stay, enforcement may vary
- Sarasota County regulations allow short-term rentals with some restrictions
Licensing and Permits
To operate a short-term rental in Venice, you must:
- Obtain a business tax receipt from the county
- Register your property with the local authorities
- Obtain a Certificate of Use (COU)
- Ensure your property is zoned for short-term rentals
Tax Obligations
- Sales Tax: 6%
- Tourist Development Tax: 2-5%
- Discretionary Sales Surtax: Varies by county
Steps to Start a Short-Term Rental Business
- Verify Zoning Compliance
- Confirm your property is in a zone that allows short-term rentals
- Check with the Sarasota County Planning and Zoning Department
- Obtain Necessary Permits
- Business Tax Receipt
- Short-term rental permit
- Certificate of Use
- Insurance Requirements
- Minimum $500,000 general liability insurance
- Name the City of Sarasota as an additional insured
- Prepare Your Property
- Ensure minimum 600 square feet of living space
- Provide adequate parking
- Meet safety code requirements
Recommended Neighborhoods in Venice
Top neighborhoods for short-term rentals:
- Venice (Walk Score: 51)
- Venice Edgewood (Walk Score: 51)
- East Gate (Walk Score: 41)
- Bird Bay Golf Course
- Golden Beach
Market Insights
- Median Property Price: $511,679
- Traditional Rental Income: $2,307
- Airbnb Rental Income: $1,817
- Occupancy Rate: 51%
Contact Information
Sarasota County Planning and Development Department Phone: Not specified in sources Website: Sarasota County official website
Potential Challenges
- Evolving regulations
- Potential future restrictions
- Competitive market
Recommendations
- Stay informed about changing regulations
- Maintain good standing with local authorities
- Consider traditional rentals as a backup strategy
Disclaimer
Regulations can change. Always verify current requirements with local authorities before starting your short-term rental business.
Sources:
- Mashvisor.com
- LocalLifeHomes.com
- VacationRentalLicense.com
Photos of Venice
Overview of Venice
Venice, Florida, is a picturesque city located on the Gulf Coast, well-known for its charming downtown, beautiful beaches, and unique architecture reminiscent of the city it's named after, Venice, Italy. As of the most recent census, Venice has a population of approximately 25,000 residents. The city is situated about 20 miles south of Sarasota, making it easily accessible for those seeking a more relaxed atmosphere away from larger urban centers.
Venice is appealing for short-term rentals due to its rich array of landmarks and attractions. The historic Venice Theatre (https://venicetheatre.org/), one of the largest community theatres in the United States, offers a variety of performances throughout the year. The Venice Fishing Pier (https://www.visitvenicefl.org/venice-fishing-pier/) provides a fantastic spot for fishing and enjoying stunning sunsets over the Gulf of Mexico. Moreover, the city is renowned for its shark tooth hunting, particularly at Caspersen Beach (https://www.scgov.net/Home/Components/FacilityDirectory/FacilityDirectory/393/4285), where visitors can hunt for fossils.
The city's natural beauty is further highlighted by the Venetian Waterway Park (https://www.traillink.com/trail/venetian-waterway-park/), a scenic trail perfect for walking, biking, and enjoying views of the Intracoastal Waterway. Additionally, with the nearby Myakka River State Park (https://www.floridastateparks.org/parks-and-trails/myakka-river-state-park) offering opportunities for kayaking, bird watching, and hiking, Venice serves as an excellent base for nature lovers and outdoor enthusiasts.
With its mix of cultural sites, recreational activities, and picturesque surroundings, Venice, Florida, offers an appealing destination for those seeking short-term rentals in a serene yet vibrant setting.