9 Vacation Property Managers in Ormond Beach, FL, USA

About the Ormond Beach Short-Term Rental Market

Ormond Beach, Florida is a popular vacation destination known for its beautiful beaches, vibrant downtown, and abundance of outdoor recreation opportunities. As a result, the short-term rental market in Ormond Beach has seen significant growth in recent years, with more and more property owners offering their homes and condos as vacation rentals to meet the increasing demand from travelers.

According to data from AirDNA, a leading vacation rental market intelligence provider, the Ormond Beach short-term rental market currently includes over 1,200 active listings across platforms like Airbnb and VRBO. The market has experienced a compound annual growth rate of 12% over the past 3 years, indicating strong and sustained demand from vacationers.

The majority of Ormond Beach vacation rentals are located along the beachfront or within close proximity to the ocean, catering to travelers seeking a classic Florida beach getaway. However, the market also includes a significant number of properties in the city's charming downtown area and surrounding neighborhoods, appealing to those interested in the local dining, shopping, and cultural offerings.

Performance Benchmarks for Ormond Beach Vacation Rental Managers

Vacation rental performance in Ormond Beach is generally strong, with properties achieving high occupancy rates and nightly rates that reflect the area's desirability as a tourist destination. According to AirDNA data, the average occupancy rate for Ormond Beach vacation rentals is 70%, with an average nightly rate of $250. This translates to an average annual revenue of $45,000 per property.

When broken down by rental platform, Ormond Beach Airbnb listings have an average occupancy rate of 68% and an average nightly rate of $225, while VRBO listings have an average occupancy rate of 72% and an average nightly rate of $275. This suggests that while both platforms perform well, VRBO may be the slightly more lucrative option for Ormond Beach vacation rental owners. (For more detailed market overview, please see the Ormond Beach market page.)

How Competitive is the Ormond Beach Property Management Market?

The Ormond Beach property management market is highly competitive, with a mix of large, established companies and smaller, boutique firms vying for a share of the growing vacation rental market. The top players in the market include Oceans Managing Group, Sun-Pro Realty, and Oceans Luxury Vacations, each of which manages hundreds of properties in the Ormond Beach area.

These larger companies often have a significant advantage in terms of resources, marketing reach, and operational efficiency, allowing them to offer a comprehensive suite of services to property owners. However, smaller firms have been able to carve out a niche by specializing in certain property types or offering more personalized, hands-on management services.

Overall, the Ormond Beach property management market is highly competitive, with companies vying to differentiate themselves through a combination of service quality, technology, and local market expertise. Property owners have a wide range of options to choose from, allowing them to find a management partner that best fits their needs and investment goals.

Key Players in the Ormond Beach Rental Market

Oceans Managing Group is a full-service property management company that has been serving the Ormond Beach and greater Volusia County area since 2004. With a focus on personalized service and a deep understanding of the local market, Oceans Managing Group manages a diverse portfolio of single-family homes, condos, and townhomes, offering a range of services including marketing, tenant screening, maintenance, and financial reporting.

Sun-Pro Realty is another leading property management company in the Ormond Beach market, offering end-to-end services for both residential and commercial properties. Sun-Pro Realty's team of experienced property managers work closely with owners to maximize the value of their investments, leveraging data-driven strategies and a commitment to responsive, high-quality service.

Oceans Luxury Vacations is a specialized vacation rental management company that caters to the unique needs of short-term rental owners in Ormond Beach and the surrounding areas. In addition to marketing and booking services, Oceans Luxury Vacations provides housekeeping, maintenance, and guest support to ensure a seamless experience for both property owners and their guests.

These are just a few of the key players in the Ormond Beach property management market, each offering a slightly different approach and set of services to meet the diverse needs of local property owners. As the vacation rental industry continues to grow in the area, competition is expected to remain fierce, driving companies to innovate and provide ever-higher levels of service and expertise.