New registration rules under Ordinance 25-50 take effect July 1, 2026 . All STRs (hosted and unhosted) must register with the county, with fees ranging from $250 to $500 annually.
Most properties require 25–30% down to reach a break-even cash flow. Local lenders typically require 20–25% down for vacation rental financing. Hidden Costs:
Typical condo fees range from $500 to $1,500/month and are rising 10–15% annually in older buildings.
Most new STRs outside of designated resort zones are prohibited. Ordinance 22-7 requires a 90-day minimum stay for non-resort properties unless they hold a legacy Nonconforming Use Certificate (NUC).