Palm Beach Gardens, FL · Short vs mid-term
Short-term or mid-term rental in Palm Beach Gardens?
On modelled numbers, nightly short-term renting comes out ahead by $6,679 a year after costs. Nightly renting nets $41,208 on 53 turnovers; a monthly tenant at $3,650 nets $34,529 with a handful of moves a year.
Short-term net
$41,208
After 32% operating costs
Mid-term net
$34,529
After 14% operating costs
Difference
+$6,679
Short-term minus mid-term
Turnovers a year
53 vs ~2
Nightly vs monthly
Side by side
| Short-term (nightly) | Mid-term (monthly) | |
|---|---|---|
| Gross income | $60,600 | $40,150 |
| Modelled operating costs | −$19,392 | −$5,621 |
| Net income | $41,208 | $34,529 |
| Pricing basis | $272 a night at 61% | $3,650 a month, 11 months let |
| Turnovers a year | 53 | 1–3 |
| Furnishing and setup | Full furnishing, linens, supplies | Furnished, lighter consumables |
| Income stability | Season-dependent | Predictable while tenanted |
| Rule exposure | Directly affected by short-term rental rules | Often outside short-term rental rules at 30+ nights |
Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers. Mid-term income assumes 11 let months out of 12 and a monthly rent modelled at 45% of a month of nightly revenue. Many owners in seasonal markets run a hybrid: nightly through peak season, monthly through the trough.
The hybrid option
Palm Beach Gardens demand peaks in Jul and bottoms in Dec, a 2.0× spread. Running nightly through the peak months and taking a mid-term booking through the trough usually beats committing to one model all year — especially where a 30-night booking also sidesteps local short-term rental restrictions.
Compare Palm Beach Gardens with nearby markets
Want a second opinion on your property?
Send us the address and we will tell you what we think it can do, what the local rules require, and whether co-hosting makes sense for you.