Southeast7.9% avg cap rate

Clearwater Beach, FL

Tampa Bay's top beach — high-volume Gulf Coast STR

Clearwater Beach has been named the #1 beach in the US by TripAdvisor multiple times and consistently ranks among the highest-occupancy Gulf Coast STR markets. Proximity to Tampa (30 min) and St. Petersburg creates a massive drive-to feeder market, while Pier 60 sunsets and Caladesi Island State Park anchor the tourism draw. Entry prices are moderate relative to performance.

7.9%
Avg Cap Rate
Net operating income / price
71%
Avg Occupancy
Annual average
$330
Avg Nightly Rate
All property types
$520K
Median Price
STR-viable properties

Estimated Annual Performance

Gross rental revenue
71% occ × $330/night
$85,520
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
– $34,208
Est. net operating income
Before mortgage & depreciation
$51,312
At median price
Implied cap rate
9.9%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Clearwater Beach

Ranked #1 US beach by TripAdvisor multiple years
30-minute drive from Tampa metro (3M+ residents)
Pier 60 sunset festival drives nightly foot traffic year-round
Pinellas County STR registration required
Peak season: Dec – Apr, spring break, summer
Top property types: Condo, Beach House, Gulf-front Unit
Primary zip: 33767, 33755, 33756

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.

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