So you want to get into the vacation rental business? Well, to do it legally, it will cost you.

Vacation rentals have been a hot topic lately with reports of wild parties and neighborhoods being transformed by the short-term market.

Here’s the process for Wilton Manors:

Step 1: Obtain a State of Florida Department of Business and Professional Regulation (DBPR) license of a transient public lodging establishment. Single rental unit annual fee $145, half year $77.50. Two to 25 units: $155 per year/ $82.50 half year.

Step 2: Once the license is in hand, apply for a Broward County Local Tax Receipt for a single resort dwelling ($22.50). Bring those documents along with Broward County Property Appraiser’s information sheet and/or proof of ownership to city hall.

Step 3: Pay the registration fee ($500) for new vacation rental property or the annual renewal fee for existing vacation rental property ($300).

Step 4: Pay the city’s Business Tax Receipt: $87.50 (Oct. 1 to March 31) or $43.75 (April 1 to Sept. 30). Annual renewal fee is $87.50.

Step 5: The city will review documents and provide recommendations for fire and code compliance inspections. Inspections are scheduled and if passed, the city issues a certificate of compliance and local business tax receipt.

Reminder: A Broward County Tourist Development Tax (6%) and Florida Department of Revenue sales surtax (6%) also apply to all transactions.

Estimated cost to operate a new vacation rental: $643-$765

Here’s the process for Oakland Park:

Step 1: Obtain a State of Florida Department of Business and Professional Regulation (DBPR) license of a transient public lodging establishment. Single rental unit annual fee $145, half year $77.50. Two to 25 units: $155 per year/ $82.50 half year.

Step 2: Once the license is in hand, apply for a Broward County Local Tax Receipt for a single resort dwelling ($22.50). Bring those documents along with Broward County Property Appraiser’s information sheet and/or proof of ownership to city hall.

Step 3: City will review and charge a $250 registration fee for a new vacation rental property or a $100 annual renewal fee for existing vacation rental property.

Step 4: Annual city inspection fee: $150

Optional Steps: 

Fee to change rental agent: $50 

Fee to modify registration: $50

Reminder: A Broward County Tourist Development Tax (6%) and Florida Department of Revenue sales surtax (6 %) also apply to all transactions.

Estimated cost to operate a new vacation rental: $500-$577.50

Additional information

https://floridarevenue.com/Pages/forms_index.aspx#sales

https://floridarevenue.com/taxes/taxesfees/Pages/sales_tax.aspx

https://www.broward.org/RecordsTaxesTreasury/TaxesFees/Documents/LocalBusinessTaxReceipt.pdf

https://www.broward.org/RecordsTaxesTreasury/Records/Pages/Forms.aspx

http://www.myfloridalicense.com/DBPR/hotels-restaurants/licensing/lodging-fees/


The Gazette launched a Wilton Manors focused newsletter. Sign up today! You can also visit Facebook.com/groups/WMGazette to join the Gazette’s community Facebook page.