What Exactly Is Considered a Short-Term Rental in Coral Spring
The City of Coral Springs defines a short-term rental as any unit or group of units in a condominium or cooperative or any individually or collectively owned single-family, two-family, three-family, or four-family house or dwelling unit that is advertised and/or rented to transient occupants more than three times in a calendar year for periods of less than thirty days or one calendar month. In Florida a short-term vocational rental is a property that is fewer than 180 consecutive nights. A vacation rental license is required to operate in any capacity within the city limits. You can find further information here.
Quick Summary of Coral Spring Airbnb Rules
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- Short-term Vacation rental: 30 consecutive days or less.
- Does not restrict owners to principal dwellings. No current restrictions on the amount of properties/dwellings one can have under the same portfolio with the city.
- Licence required: Apply online or in person, License number must appear on all ads (Airbnb, Booking.com, Vrbo).
- The costs to apply for the necessary rental licenses are $305.89. The subsequent renewal or modification fee is $119.94. A vacation rental shall be registered annually on or before the thirtieth (30th) day of September.
- There are secondary inspection fees that are as follows
- $75.00 for building electrical inspection
- $75.00 for structural inspection
- $170.37 Fire Inspection under 3000 sq ft
- $300.68 fee if over 3000 sq ft
- Reinspection fee of $214.72 (if necessary)
- There are secondary inspection fees that are as follows
- Coral Springs does require hosts/owners to register for a municipal Business Tax Receipt, there are numerous county and state taxes that must be remitted to respective governing bodies.
- Broward County Tourist Development Tax: 6% levied on short-term rentals and is used to fund tourism-related projects in Broward County
- Florida Transient Rental Tax: 6% tax on short-term lodging
- Florida Discretionary Sales Surtax: 1% additional applied to the first $5,000 of the rental charges
How to Apply for a City of Hollywood Vacation Rental Licence
Step-by-Step application instructions and descriptions (Apply Online Here):
- Submit all necessary information for State and County regulatory divisions:
- Florida Department of Business and Professional Regulation
- Department of Revenue Tax Statements
- Broward County Business Tax receipt
- Broward County Tourist Development Tax Forms
- Provide proof of property ownership to Broward County
- Provide a blank or sample copy of the current lease agreement
- Complete the application form online or in person.
- Pay the aforementioned state and county taxes and licensing fees annually
City of Coral Springs Enforcement & Penalties
The city of Coral Springs will enforce regulatory compliance through one of if not all avenues described here:
- Fines under both state and county guidelines.
- Unpaid penalties can be added to your property tax bill.
- Inspections may occur without prior notice
- License can be suspended for months at a time, if violations continue then indefinite suspension is a possibility
Coral Springs Airbnb Market Potential
- Average Nightly Rate: $175–$300
- Premium Properties: $600+ during peak summer months
- Occupancy: ~70% average, up to 95% in summer
- Average Monthly Revenue: $2500-$3000 for typical listings, $4500+ for premium properties
Why Coral Springs is a Top Destination for Airbnb
It certainly depends on property type, amenities, and proximity to major demand drivers of the area – the market does offer a steady revenue potential. The city’s appeal to visiting families, corporate travelers on extended stays, and snowbirds looking for seasonal stays in quiet and safe environments. The average nightly rate typically ranges from $125-$250 per night, while the premium accommodations featuring pools, modern/luxury amenities, and larger layouts will command $450+. During the winter months when demand spikes across, there will be rate and demand increases especially for longer term stays. Well-managed properties can realistically generate $3000+ per month depending on occupancy and property management.
Coral Springs is recognized as one of the most livable cities in Broward County and South Florida, attracting guests looking for the convenience of southern Florida without the pace and volume of Miami or Fort Lauderdale. The city is known for its award winning parks system, over 50 green spaces, and cultural highlights such as the Coral Springs Museum of Art and the Center for the Arts. Families are drawn to the safety and comfort of the city’s neighborhoods and family oriented amenities, while travelers benefit from being within 20 minutes of the major attractions in Fort Lauderdale, Boca Raton and Pompano Beach. For those looking for a quieter stay with direct access to the major highways and cities, Coral Springs offers a best of both worlds situation for those looking for suburban relaxation nearby South Florida’s entertainment hubs.
Demand for Mid-Term Rentals (30+ Days)
Coral Springs has strong demand for mid-term rentals, fueled by a mix of snowbirds seeking seasonal getaways from the cold, professionals on work assignments, and families in transition. Its reputation for safety, excellent schools, and suburban lifestyle appeals to retirees and long stay travelers. All the while the city’s proximity to major hospitals and corporate hubs in Fort Lauderdale and Boca Raton as well as international airports make Coral Springs a practical base for business and healthcare professionals. The rise of remote work has further boosted demand for flexible housing in well-connected communities. Altogether, Coral Springs offers hosts a strong market delivering reliable mid-term occupancy, longer booking cycles and more predictable revenue streams than purely short-term rentals.
Why Choose Guestable for Your Hollywood Airbnb
- Best Revenue Optimization Strategies: Data-driven pricing to maximize earnings.
- Tailored Management Solutions: Customized plans to fit your goals.
- Client-Focused Communication: 24/7 availability, transparent updates.
- Dynamic Rental Approach: Expertise in both short- and mid-term markets, adjusting to seasonal trends.
- Guest Experience & Ground Support: Local presence across Broward County and across Southern Florida, hands-on guest service.
Hollywood Airbnb FAQ
Do I need a licence to operate an airbnb in Hollywood?
Yes, any rental that the owner would be looking to list on a vacation rental service will need to have their property fully licensed and inspected before beginning operations.
How long does the licence process take?
The application takes minutes, but full approval depends on inspections and document submission. The municipal code officer will contact the applicant within 3 business days of the inspection being completed.
Do I need to collect any tax from guests?
Yes, the City of Coral Springs requires all owners to remit a collective 13% tax on all rental bookings. Now, some booking platforms will remit the taxes on behalf of the owners but responsibility falls on the owner at the end.
Final Word for Potential Hosts
Coral Springs is more than just a quiet suburb – it’s a thriving rental market built on year round demand and long-stay stability. Its reputation for safety, family focused amenities and proximity to beaches, airports, and business hubs make it a natural choice for snowbirds, professionals and digital nomads alike. For hosts, this means an ideal balance: consistent short-term traffic paired with reliable mid-term bookings that reduce vacancy and maximize revenue. With its growing population, strong community appeal, and strategic location in Broward county, Coral springs stands out to prospective hosts as a profitable and sustainable market for rental owners- ready to deliver quality stays in one of South Florida’s most desirable communities.
Explore Airbnb management in Coral Springs.