Vacation Rentals Delray Beach
Top Reasons Why finding a Vacation Rental in Delray beach is so difficult!
My name is Kristen Rich, and I am a Realtor in Delray Beach. I am also a rental manager, for a few incredible 1 bed / 1 bath condo units directly on the intracoastal, in Delray Beach, Florida. The name of the condo where I manage a few units for my client is called Tahiti Cove, and it is one of the most desirable locations to stay in all of Delray Beach.
Every Delray Beach Realtor knows, as well as most locals and long-time snowbirds, that the property of Tahiti Cove, is particularly rare. It boasts unobstructed views and a centralized location to both Atlantic Avenue and the beach, the two most important features anyone looks for when renting in Delray Beach. But there is something even more important that sets Tahiti Cove apart from other waterfront condos: VACATION RENTALS!
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| Tahiti Cove, Delray Beach RichRealEstates.com |
I currently have a laundry list 3 pages long of past clients who are seeking to rent 1 to 5 months in season 2016 in Delray Beach. As a Local Delray Beach Expert (I work right at Coldwell Banker, 1185 E. Atlantic Avenue) I get access to the newest rental listings as soon as they become available, yet many of my clients are still on the waiting list! Their frustration calls for an explanation and they never like the answers. Regardless, here is the bitter truth. See below the real reasons why finding a Vacation Rental, Delray Beach for season for 2016 is so hard.
If you are currently seeking a Vacation Rental in Delray Beach and have also been unsuccessful, here is why:
- Delray Beach is known for their super-strict, super involved condo associations: Condo Buildings are required to have a condo association where each individual condo owner has a voice in the delegation, regulation, and decision-making for the building as a whole. Many Condo Associations in Delray beach put restrictions on the amount of times an owner can lease out their unit to an outside tenant. Some only allow for a one-time lease, meaning either the owner will live in the unit or he/she will rent it out for a year (never both). These restrictions eliminate the ability of a landlord to lease their unit for a short-term rental. Other restrictions may involve the allowance of only 2 leases per year, meaning a landlord could live in the unit and also, at some point lease it out for however long they want. If this is the case, the landlord would want to lease it out for the longest time possible in order to bring in the most income. Therefore, those clients of mine looking to rent for 1 month are out of luck!
- You Want to Bring Your Pets On Vacation: Although Delray Beach is an extremely dog-friendly beach town, most condos that allow short-term rentals do not allow animals on the premises. The condos that DO allow pets, are typically lenient because they are only available for annual leases. Basically, if you want to rent for an entire year and make Delray Beach your principle home, you can have a pet. It is not impossible to find a vacation rental that will allow you to bring a pet, but you may want to focus on renting from a single-family detached homeowner, rather than in a multi-unit dwelling.
- You Expect to Pay the Same Rate as You did in Season 2015: Whatever rate you paid to rent in Delray Beach last season, get that number out of your head now. Delray Beach has become one of the most sought after vacation destinations in the state of Florida. We have gained immense international recognition in a very short timeframe. Infrastructure and the real estate market is at a climaxing point. Coastal Living just ranked Delray Beach one of the top 10 Happiest Beach Towns in America and the votes all came from travelers. As tough as it is, many owners have had to turn away long-term repeat renters who can no longer compete with the current rates. Even if the landlords wanted to turn down an offer twice the amount they received in season 2015, they would risk tension amongst other owners in their condo building for offering rates too low.
What Next?
- If you need help finding a vacation rental in Delray Beach, send me an email!
- Want to learn more about Tahiti Cove? Click Here
- Learn More About Kristen Rich!
- Search Homes For Sale in Delray Beach
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