Panacea rental

Mullet

We purchased the home beside us in Panacea. Mainly to control who is there(and I wanted to boathouse), but we are planning on VRBO/short term rental.  For those who have rented in the area what would you expect to pay?  A few details:

3 bedroom 2 bath (4 queen sized beds total)

3 blocks from rock landing(an easy boat ride to the scallop grounds St. Marks)

20 minutes to Carrabelle or St. Marks

enclosed fish cleaning station

Ice machine

Covered and secure boat storage

Normal amenities (furnished/kitchen/a/c/ Wifi)

I have googled it but wanted some real world opinions.

Thanks.

JKP

Hard to offer an opinion without pics or an understanding of the finishes / condition of the home. 

ferris1248

That is hard to say. Prices range from $70 to $400 +.

Pure guesswork would put it in the

$200/night range I guess.

skyway

It’s been flooded twice so go $120- 
$85- for members.
And, I will pay for 1/2 fuel to go catching with you.

LiveLine

Are there any comp's in the area?  

Mullet

JKP said:

Hard to offer an opinion without pics or an understanding of the finishes / condition of the home. 

It's going through a thorough remodel. We are however targeting fisherman and scallopers. 

Mullet

LiveLine said:

Are there any comp's in the area?  

A few.  I'm thinking 100 to 175 range. It's not on the water but has a lot of things going for it for fisherman, scallopers and families.  I'll update as progress is made.

Mullet

skyway said:

It’s been flooded twice so go $120-

Completely remodeled both times. Not sure that would be a factor?

LiveLine

It's a convenient location to all things Panacea....

beerfish

Not on the water, I would say $100-125/night. 
Problem with VRBO is, even at that price it ends up being about $600 with cleaning fees, other fees, taxes, etc.
for 3 nights.
So, basically, for the consumer its $200/night.