Clearwater, FL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Clearwater short-term rental market based on reliable data.

Listings

963 / 1810

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$31,411

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$343,374

Median Home Sale Price

Top Earners

$77,551

Top-Earners Revenue

Clearwater

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Clearwater.

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C

Challenging to Investors

Clearwater Regulations

STRs are legal in Clearwater but face challenging operational constraints including strict occupancy caps (max 10 guests), high initial costs ($600+ for permits/inspections), and complex dual jurisdiction requirements between city and county. The combination of zoning restrictions, mandatory inspections, annual renewals, and strict enforcement creates significant compliance burdens for investors.

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About Clearwater

Clearwater sits on Florida's central Gulf Coast in Pinellas County, a peninsula-bound stretch of the Tampa Bay region with an approximate population of 117,000 residents. The city is best known for its sugar-white Gulf beaches, with Clearwater Beach on a barrier island offshore drawing millions of visitors each year and repeatedly earning recognition as one of the top beaches in the United States. Clearwater functions as a gateway to the wider Tampa Bay area, and it lies roughly 20 to 25 miles west of downtown Tampa across the bay, a drive that typically takes about 30 minutes via the Courtney Campbell Causeway or the Howard Frankland Bridge. Its character blends an old-Florida coastal feel along the Intracoastal Waterway with the bustle of a major beach tourism hub.

Clearwater Beach is the marquee attraction, a wide, fine-sand strand on a barrier island just a few minutes' drive over the Memorial Causeway from the mainland. The beach's calm Gulf waters, Pier 60 with its nightly sunset celebration, and the adjacent beachwalk lined with restaurants and hotels make it a year-round draw. Visitors come for swimming, parasailing, and dolphin-spotting cruises that depart directly from the nearby marina.

Just south of the main beach, the Clearwater Marine Aquarium offers an indoor, weather-proof attraction centered on marine rescue and rehabilitation. Famous for its resident dolphins Winter and Hope—stars of the Dolphin Tale films—the aquarium draws families even on rainy summer afternoons and is only a few minutes from the main beach by car, making it a reliable rainy-day option for visitors.

For nature lovers, Caladesi Island State Park and Honeymoon Island State Park lie a short drive north of downtown Clearwater. Caladesi is reachable by ferry from Honeymoon Island and is consistently rated among the best beaches in the country, while Honeymoon offers pine-forest trails, a pet beach, and easy access to bird-watching along the Intracoastal Waterway.

Downtown Clearwater is anchored by the historic Capitol Theatre and the surrounding Cleveland Street district, which has seen reinvestment in restaurants, breweries, and waterfront parks along the harbor. Within about a 15-minute drive, Ruth Eckerd Hall brings nationally touring concerts and Broadway shows to the area, rounding out the cultural offerings beyond the sand and surf.

Clearwater is a compelling base for short-term rentals because it pairs a nationally celebrated beach with a deep bench of secondary attractions—an aquarium, two state parks, a walkable downtown, and a respected performing-arts venue—all within a short drive of one another. Its proximity to Tampa International Airport and to the broader Tampa Bay region extends its appeal well beyond beach week, supporting a steady year-round flow of visitors and a strong calendar of repeat guests.

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