On Monday, the Collier County Tourist Development Council voted that county staff take a deeper look at the rules and regulations of vacation homes and condos for rent within the local area. This proposal comes on the heels of rising noise complaints, concern for the viability and health of Collier County neighborhoods, as well as the impact low-priced, “for rent by owner” vacation rentals may have on the local economy. The study may aim to review whether rental owners are paying tourist taxes, and the impacts of short-term rentals on the Naples hotel industry. “If you’re renting a private dwelling and if you don’t even have a fire extinguisher and a fire breaks out, people are going to be injured or killed, and it’s inevitable, unfortunately… That’s a major risk.” said Council member Clark Hill, general manager of the Hilton Naples.
One council member shared that he would rather see the current ordinances enforced prior to adding additional regulation. For example, in many of the residential areas outside of city limits, owners are not allowed to rent their homes for less than six months. Before listing your residential rental property independently, weigh out the pros and cons of choosing to list a vacation rental or annual rental. Leverage an experienced property management company like Gulf Coast Management Group. Be sure that you understand the environment, regulations, and responsibilities required of you. Annual property management is our specialty, call us for a free consultation, 239-325-4300.