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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Mary Esther offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Mary Esther, FL sits along the Emerald Coast and benefits from the same Gulf-front draw that powers short-term rental demand across the Florida panhandle. With an ROI score of 71 out of 100 and an above-average revenue-to-price ratio, this compact market of 36 active listings offers investors favorable entry points — average home values of $443,121 pair with historical annual revenue of $54,352. Seasonality is pronounced, but summer peak months deliver outsized returns that help offset quieter winter periods.
According to Rabbu market data, the Mary Esther short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 36 |
| Average Daily Rate (ADR) | vs. $498 state avg. | $208 |
| Average Occupancy Rate | vs. 54% state avg. | 40% |
| RevPAN | ADR * Occupancy Rate | $82 |
| Average Monthly Revenue | Historical 12-month average | $4,529 |
| Average Annual Revenue | Historical 12-month average | $54,352 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Mary Esther attracts STR investors thanks to its coastal tourism appeal, relatively affordable property prices compared to neighboring beach markets, and strong summer revenue that boosts annual returns.
Key investment factors
"Mary Esther presents an attractive opportunity for investors who can tolerate sharp seasonality in exchange for strong summer earnings. July alone averages $12,409 in revenue — more than ten times what January delivers — so annual performance hinges heavily on a four-month peak window from May through August. The market's above-average revenue-to-price ratio and growing but still-small supply base create a favorable competitive environment, though occupancy at 40% lags the 54% Florida state average, underscoring the seasonal nature of demand. Overall, this is a market suited to investors comfortable with a vacation-rental rhythm rather than steady year-round cash flow."
— Rabbu Market Analysis Team
Mary Esther's revenue seasonality is dramatic — July leads at $12,409 while January bottoms out at just $1,089, creating an 11:1 peak-to-trough ratio. The core earning season runs May through August, accounting for the bulk of annual income, so investors should plan budgets and pricing strategies around this concentrated summer window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,089 |
| February |
|
$1,816 |
| March |
|
$5,293 |
| April |
|
$3,386 |
| May |
|
$5,167 |
| June |
|
$10,318 |
| July |
|
$12,409 |
| August |
|
$5,679 |
| September |
|
$3,084 |
| October |
|
$3,224 |
| November |
|
$1,556 |
| December |
|
$1,324 |
Supply in Mary Esther is split between 3-bedroom properties (16 listings) and 2-bedroom units (11 listings), with no data on studio, 1-bedroom, or 4+ bedroom configurations. This narrow supply mix could signal an opportunity for investors willing to differentiate with larger or smaller properties that aren't currently represented in the market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
11 |
| 3 bedrooms |
|
16 |
ADR is remarkably flat across property sizes, with 2-bedrooms at $174 and 3-bedrooms at $170 per night. The lack of a premium for the larger configuration suggests that guests in this market are price-sensitive and that 2-bedroom investors may capture slightly better per-room rates.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$174 |
| 3 bedrooms |
|
$170 |
Revenue per available night favors 2-bedroom listings at $73 compared to $69 for 3-bedrooms, reflecting the slightly higher ADR and marginally better occupancy of smaller units. The gap is modest, though, and 3-bedroom properties still generate more total revenue due to their higher absolute booking volume.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$73 |
| 3 bedrooms |
|
$69 |
Occupancy rates are nearly identical across property sizes — 42% for 2-bedrooms and 41% for 3-bedrooms — indicating that demand is consistent regardless of unit size. Both figures sit below the Florida average of 54%, reinforcing the seasonal nature of this coastal market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
42% |
| 3 bedrooms |
|
41% |
Three-bedroom listings earn $4,369 per month on average compared to $3,382 for 2-bedrooms, a roughly 29% premium that reflects their ability to accommodate larger vacation groups. For investors weighing acquisition costs, the additional monthly revenue from a third bedroom may help justify the higher purchase price.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$3,382 |
| 3 bedrooms |
|
$4,369 |
On an annual basis, 3-bedroom properties generate $52,437 while 2-bedroom units bring in $40,590 — a difference of nearly $12,000. Given the revenue gap, 3-bedroom investments appear to offer stronger return potential, though investors should weigh this against potentially higher purchase and maintenance costs.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$40,590 |
| 3 bedrooms |
|
$52,437 |
Kitchens and washers appear in 100% of listings, with dryers and parking at 97%, signaling that these are baseline expectations rather than differentiators. Outdoor features like BBQ grills (81%), patios (81%), and waterfront access (53%) are the real competitive amenities in this beach-adjacent market, and investors lacking these may struggle to attract peak-season bookings.
| Amenity | Trend | Value |
|---|---|---|
| Washer |
|
100% |
| Kitchen |
|
100% |
| Dryer |
|
97% |
| Parking |
|
97% |
| Self Check-in |
|
92% |
| BBQ Grill |
|
81% |
| Patio or Balcony |
|
81% |
| Outdoor Furniture |
|
61% |
| Workspace |
|
58% |
| Backyard |
|
56% |
| Waterfront |
|
53% |
| Pool |
|
47% |
| Pets |
|
44% |
| Beach Access |
|
39% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Mary Esther Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Mary Esther's ROI score of 71 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio — meaning the income potential relative to what you'll pay for a property compares favorably to many Florida markets. Occupancy stability and supply/demand balance rate as average, reflecting the market's seasonal character and growing but still manageable competition. Investors should pair these metrics with thorough research into local permitting and tax requirements to build a complete picture before committing capital.
Understanding local STR regulations is essential before investing in Mary Esther. Here's the current regulatory landscape:
Short-term rental operators in Mary Esther, FL should verify whether a local business tax receipt or STR registration is required by the city, and Florida state law mandates that all vacation rental properties register with the Florida Department of Business and Professional Regulation (DBPR). Investors are encouraged to confirm current permit requirements directly with Mary Esther city officials and the Okaloosa County administration before listing.
Common STR restrictions in Florida coastal communities can include occupancy limits based on property size, minimum-stay requirements, noise and nuisance ordinances, and parking regulations. HOA or deed restrictions may also apply in certain neighborhoods, so prospective hosts should review all governing documents before purchasing a property intended for short-term rental use.
Florida imposes a state sales tax and a county-level tourist development tax on short-term rental income, and hosts in Okaloosa County should confirm the applicable combined rate with local tax authorities. Major booking platforms typically collect and remit state sales tax on behalf of hosts, but county-level obligations may require separate registration.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Mary Esther can provide current regulatory guidance.
Financing an Airbnb investment in Mary Esther requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, we estimate that Mary Esther's summer-driven demand will continue to anchor performance, with peak-month revenues likely holding in the $10,000–$12,400 range for well-positioned listings. The 90% year-over-year growth in active listings signals rising investor interest, though the market's small overall supply still keeps competition manageable. ADR may see modest increases of 1–3% as hosts refine pricing strategies, while occupancy rates are expected to remain in the 38–42% range on an annualized basis, reflecting the area's strong seasonal patterns. Investors entering now should plan cash reserves for the slower November-through-February stretch."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages as of the dates noted and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary — investors should independently verify all legal requirements before purchasing.
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