Median Listing Price
$700k
Sample of ~50 active STR-suitable listings analyzed.
Median Land Ratio
23%
Lower is better — leaves 77% of purchase price as depreciable basis.
Bonus-Eligible %
24.9%
Median % of purchase price classifiable as 5-yr or 15-yr property under §168(k).
Federal Savings @ 37%
$64k
Median federal tax savings on a $700k purchase. Range $55k–$74k.
Why Palm Coast / Flagler Beach ranks #18
Northeast Florida STR market between Daytona and St. Augustine, with FL full conformity and no state income tax. Inventory splits between beach condos and inland canal-front single-family rentals; both categories carry pool + outdoor amenity stacks that classify heavily to 15-year property. Entry prices are notably lower than 30A or Destin for comparable amenity density.
1. Land ratio drives the math
Coastal land usually crushes bonus depreciation math, but Palm Coast / Flagler Beach runs an unusually low ~23% land ratio for a beach market — partly density, partly geography. On a $700k purchase, that's roughly $539k of depreciable basis vs. $161k of non-depreciable land.
2. Full state conformity stacks federal and state benefits
FL conforms fully to federal §168(k), so Palm Coast / Flagler Beach investors get both the federal AND state deduction. The Total Tax Benefit column in the DepreciMax Top 50 reflects this stacking — federal savings at the 37% top marginal rate plus state savings at FL's top marginal rate. Same property in a decoupled state would produce the same federal deduction but no state add-on.
See live Palm Coast / Flagler Beach listings
Every active Palm Coast / Flagler Beach short-term rental listing, ranked by estimated bonus depreciation potential. Sort by price, beds, or DepreciMax medal tier. Free — no signup.
How the score is calculated
Palm Coast / Flagler Beach's DepreciMax Score is the aggregate score across ~50 active listings run through our proprietary algorithm. We use multiple inputs — including land values and AI photo recognition — closely calibrated over time against a completed cost segregation study on a benchmark short-term rental.
More detail in the Top 50 Markets methodology section.
Snapshot date: May 2026. Sample listings are real active listings from Realtor.com — actual addresses shown. Bonus depreciation outcomes vary by individual property; this report estimates ranges for typical purchases. Not tax advice — consult your CPA before making investment decisions.
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