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STR Investment · Davenport FL · Polk County

Davenport Vacation Rental Investment — Florida’s Most Permissive STR Market

Davenport and the surrounding Polk County area is the single most investor-friendly short-term rental market in the Orlando metro. PUD resort zoning explicitly permits STRs, the county tax rate is 12% (lowest in the area), and licensing costs just $30–50/year. Communities like Solterra, ChampionsGate, and Four Corners were built specifically for vacation rental investors.

12%
Combined Tax Rate (Lowest in Metro)
$30–50
Annual Licensing Cost
No
Owner-Occupancy Required
8–11%
Typical Cap Rate

Why Polk County is the Top STR Jurisdiction

Lowest Tax Rate in the Metro

12% combined STR tax rate (6% state + 5% Polk County TDT + 1% surtax) vs. 12.5% in Orange County and 13.5% in Osceola County. On $70K gross revenue, you keep $1,050 more per year than an Osceola County property generating the same income.

PUD Resort Zoning by Right

Resort communities in Polk County are built with PUD (Planned Unit Development) zoning that explicitly permits STRs. No special permit, no conditional use approval, no zoning variance. The zoning decision was made when the community was built.

Cheapest Licensing in the Region

Polk County Business Tax Receipt: $30–50/year. Compare: Osceola County STR license $250 + $160 inspection ($410 first year). City of Kissimmee: BTR + CUP fees. For a 5-property portfolio, this saves $1,500–2,000/year in licensing costs.

Distance from Disney is Competitive

Davenport/Four Corners area is 8–15 miles from Disney World's main gate. This translates to 15–25 minutes by car — absolutely competitive. Many guests prefer off-site luxury villas to on-property Disney hotels, especially for groups of 8–14 guests.

STR Infrastructure Is Built In

Solterra, ChampionsGate, and similar communities have established STR management companies, guest registration systems, cleaning services, and maintenance networks. New investors get turnkey operations rather than building from scratch.

No Owner-Occupancy Requirement

Polk County does not require you to live at the property for any period. Pure investment — buy, furnish, list on Airbnb/VRBO, and manage remotely or via property management company.

How to License an STR in Polk County

For properties in unincorporated Polk County (most Davenport-addressed properties), the process is simpler and cheaper than anywhere else in the metro:

1

Verify your parcel is in unincorporated Polk County

Use the Polk County Property Appraiser website (search by address). If jurisdiction shows 'City of Davenport,' you need the city license too ($136.17). Most resort community properties are unincorporated.

2

Get Florida DBPR Vacation Rental license

Apply at myfloridalicense.com. ~$170/year for a single unit ($50 application + $10 HEP fee + annual license). Property inspection for fire safety, smoke detectors, pool barriers.

3

Register with Florida Department of Revenue

Register to collect and remit Florida sales tax. Airbnb/VRBO typically handle automatic remittance, but you still need the registration number. Free to register at floridarevenue.com.

4

Get Polk County Business Tax Receipt

Apply at Polk County Tax Collector office or online. Class B license: ~$30–50/year depending on business type. Renew annually.

5

Register for Polk County Tourist Development Tax

Register with the Polk County Tax Collector. Most platforms auto-remit TDT — confirm this for your specific property. If the platform doesn't auto-remit, you'll file monthly with the county.

6

Notify HOA and obtain written permission

Required step even after government licensing. Get confirmation in writing that your specific property and sub-community permits STR under current CC&Rs.

⚠ ADU Rule Change (2025)

Polk County Ordinance 25-0415 (2025) permanently bans STR use for Accessory Dwelling Units (ADUs) in unincorporated Polk County. This applies to guest houses, garage apartments, and secondary dwelling units on the same lot. Primary residence STR use is unaffected.

Top STR Communities — Davenport & Surrounding Area

Note: Some communities near Davenport straddle Osceola and Polk counties. Cap rates, tax rates, and licensing requirements differ — verify each parcel's county before purchasing.

Solterra Resort

ZIP 33897Polk CountySTR: Yes — purpose-built STR community
8–10.5%

HOA / Month

~$180–220/month

Nightly Rate

$180–280/night (3–7 BR)

Occupancy

72–82%

Amenities

Resort pool, lazy river, clubhouse, fitness center, game room

One of the most recognizable vacation rental brands in the area. Strong repeat guest base. HOA actively supports STR. Management companies specialize in Solterra.

ChampionsGate (Polk County parcels)

ZIP 33896Polk County / Orange County (mixed)STR: Yes — resort PUD zoning
7.5–10%

HOA / Month

~$200–300/month depending on sub-community

Nightly Rate

$200–320/night (4–8 BR)

Occupancy

74–84%

Amenities

Golf, resort pool, waterslide, spa, restaurant, fitness center

CRITICAL: ChampionsGate straddles Polk and Orange counties. Verify which county your specific parcel is in — this affects tax rate and licensing. Polk County parcels: 12% tax. Orange County parcels: 12.5% tax. The ChampionsGate Oasis and resort amenity tiers affect HOA dues significantly.

Four Corners / Tierra Del Sol

ZIP 33897Polk CountySTR: Yes — resort zoning in most sub-communities
8.5–11%

HOA / Month

~$100–180/month

Nightly Rate

$130–200/night (3–5 BR)

Occupancy

68–78%

Amenities

Community pools, some with clubhouses

More affordable entry point than Solterra or ChampionsGate. Good value for investors starting an STR portfolio. Less amenity-rich than resort communities, offset by lower acquisition price.

Solterra at Storey Lake (Osceola side near 33896)

ZIP 33896Osceola CountySTR: Yes — must be in Osceola STR overlay
8–10.5%

HOA / Month

~$250–350/month

Nightly Rate

$200–350/night (4–8 BR)

Occupancy

76–86%

Amenities

Resort pool, lazy river, clubhouse, kayak lake

Note: Storey Lake is in Osceola County, not Polk — tax rate is 13.5% and you need the Osceola County STR license ($250 + $160 inspection). Higher amenity quality and nightly rates justify the higher tax. Verify Osceola GIS map for parcel STR overlay status.

Windsor at Westside

ZIP 33896 / 34747Osceola CountySTR: Yes — resort community, STR overlay
7.5–9.5%

HOA / Month

~$380–450/month

Nightly Rate

$220–380/night (5–9 BR)

Occupancy

78–86%

Amenities

Water park, lazy river, tennis, sports courts

Premium resort community near Disney. Higher HOA dues offset by premium nightly rates. Must verify Osceola County STR overlay status per parcel. Strong management company presence.

Highgate at Davenport

ZIP 33837Polk CountySTR: Verify with HOA — newer community
8–10%

HOA / Month

~$120–160/month

Nightly Rate

$100–160/night (3–4 BR)

Occupancy

62–74%

Amenities

Community pool

Growth-play market. Further from Disney (Haines City area). Lower acquisition prices, lower nightly rates. Best for investors targeting 33837 zip code growth potential over pure current yield.

What the Numbers Look Like — Solterra Resort Example

5 Bedroom / 5 Bath — Solterra Resort

Purchase Price$620,000
Furnishing + Setup$35,000
Total Invested$655,000 (cash)
Avg Nightly Rate$230/night
Annual Occupancy (conservative)72%
Gross Revenue$60,516
HOA + Management (30% of gross + $2,100 HOA/yr)−$20,255
Taxes (12%)−$7,262
Maintenance, Supplies, Utilities−$6,000
Annual NOI$26,999
Cash-on-Cash Return4.1%
At 82% Occupancy (realistic for well-managed)NOI: $41,000+ / 6.3% CoC

With 25% Down (DSCR Loan)

Down Payment (25%)$163,750
Loan (7.5%, 30yr)$491,250
Annual Debt Service$41,270
NOI at 82% occ.$41,000
DSCR~0.99x (tight — needs 85%+ occ)

Leveraged STR in high-cost communities is tight. Underwrite carefully. Cash buyers see significantly better returns.

Key Insight

Premium resort communities (Solterra, ChampionsGate) offer high nightly rates but also have high HOA dues and management costs. The best cash-on-cash returns in Davenport often come from mid-tier communities (Four Corners area, 33897 zip) with lower HOA fees and still-competitive nightly rates — especially for investors who self-manage or use lower-cost management.

Ready to invest in Davenport vacation rentals?

We source Solterra, ChampionsGate, Four Corners, and surrounding community properties — verified STR-zoned, with HOA confirmation before you make an offer.

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