Palm Beach Vacation Rental & Estate Management
The Town of Palm Beach prohibits short term rentals. Town code defines residential use as occupancy of not less than three months, or shorter stays no more than three times per calendar year (Town of Palm Beach Code, Sec. 134-886). Yours Truly Hospitality manages Palm Beach homes within those rules: seasonal and monthly leasing, and full estate management between stays.
We manage waterfront and coastal homes from Palm Beach south to Miami, and on the island we work at the top of that range. If you own in Palm Beach, the question is not whether to run an Airbnb. It is whether your home is cared for, compliant, and earning what the season allows. That is the work described here.
By Brad McRae, founder. Updated July 2026.
Can you rent a Palm Beach home short term?
No. The Town of Palm Beach strictly prohibits short term rentals, including Airbnb-style stays. Code Section 134-886 defines residential use as occupancy for periods of not less than three months, or periods under three months no more than three times per calendar year, and explicitly excludes transient occupancy of a hotel, motel, or timeshare nature (townofpalmbeach.com).
The town can hold this line because its rules predate Florida's vacation rental preemption: local ordinances adopted before June 1, 2011 are grandfathered under state law (Section 509.032(7)(b), Florida Statutes). Two practical notes follow. First, an owner renting more than one property in town needs a Business Tax Receipt (Town of Palm Beach). Second, even a compliant three-month seasonal lease is taxable: Palm Beach County's 6% Tourist Development Tax and Florida's sales tax apply to any rental of six months or less (Palm Beach County Tax Collector; Florida Department of Revenue).
Anyone marketing nightly stays on the island is exposing the owner, not just themselves. We decline that work, and we say so plainly because owners deserve the real rulebook.
What can a Palm Beach estate earn on a seasonal lease?
A properly positioned Palm Beach residence leases for the season, roughly Thanksgiving through Easter, at monthly rates the rest of the corridor does not reach. We do not publish a rate range we have not verified; seasonal expectations are quoted per home, from live island lease comps. One season, one tenant, one household in your home.
The structure matters as much as the rate. Under Sec. 134-886, a home may also take up to three shorter stays per calendar year, which allows a spring or fall lease around the main season when it is planned deliberately (Town of Palm Beach Code). We model each home's calendar within the rules: one seasonal tenant versus a season plus shoulder leases, net of taxes and turnover. Corridor-wide earning benchmarks by tier, for owners weighing the island against their other properties, live in the SE Florida Luxury STR Benchmark Report.
What does estate management cover between leases?
A Palm Beach home is never unattended on our watch. Estate management covers the months your home is neither occupied by you nor leased: scheduled walk-throughs with written reports, hurricane preparation and post-storm inspection, vendor supervision held to island standards, pool and grounds oversight, and staging before your arrival or a tenant's.
The same discipline runs our leasing. Tenants are vetted the way a private club vets members: verified identity, references, and financial standing before any name reaches your desk. During a lease we remain the single point of contact, so a January problem is our 2 AM call, not yours. Owners receive a monthly statement pairing every decision with a number, whether the home earned that month or simply stood ready. Management is pairing every decision about your home with a number you can check. Our fee structure is straightforward and quoted for your property and season; corridor-wide, our full-service management runs 20 to 25 percent of revenue, and any setup fee is quoted in writing before you sign, with no surprise add-on schedule.
Which Palm Beach addresses do you serve?
We serve the island end to end, and its quiet neighbors:
• The Estate Section, from Worth Avenue south along South Ocean Boulevard
• The North End's lakefront and ocean-block streets
• Midtown residences and select in-town condominiums
• South Palm Beach and Sloan's Curve
• Manalapan and Gulf Stream, where town-by-town rules differ and we verify each town's current ordinance before advising
For owners who also hold rental properties across the bridges or up the coast, the same team runs true short term programs in West Palm Beach and across the corridor.
Why do Palm Beach owners choose Yours Truly Hospitality?
Owners here choose us for standards first and numbers second, and we earn both. Yours Truly Hospitality is a short-term rental management and interior design company for waterfront and coastal homes in Southeast Florida, from Palm Beach south to Miami. Founded and operated by Brad and Justina McRae, it offers full-service management at 20 to 25 percent of revenue, backed by a 90-Day Satisfaction Guarantee and a Zero Bookings Guarantee. On the island, that operating discipline is applied to leasing and stewardship.
What that record looks like corridor-wide:
• 20 homes under management
• Our West Palm Beach home, across the bridge, ran 83% past-30-day occupancy against a 50% comp-set average (PriceLabs market data, July 2026)
• Our Broward County homes ran 73-87% occupancy against comp sets averaging 66-68% (PriceLabs market data, July 2026)
• A 90-Day Satisfaction Guarantee, honored in writing on the island as everywhere else and stated in full in our management agreement
We take on a limited number of island homes each season, because the service model does not stretch.
Frequently asked questions
Is Airbnb legal in Palm Beach, Florida?
Not in the Town of Palm Beach. Town code limits residential occupancy to periods of three months or longer, or shorter stays no more than three times per calendar year, and excludes transient hotel-style use (Sec. 134-886, townofpalmbeach.com). The rule is grandfathered against state preemption because it predates June 1, 2011 (Section 509.032(7)(b), Florida Statutes).
So what rental is allowed?
Leases of three months or more, without frequency limits, or up to three stays under three months per calendar year (Town of Palm Beach Code, Sec. 134-886). In practice: a seasonal winter lease, sometimes with a planned shoulder-season lease. We structure calendars to stay cleanly inside the code.
Do taxes apply to a seasonal lease?
Yes, if the lease runs six months or less. Palm Beach County's 6% Tourist Development Tax plus Florida sales tax and surtax apply to rentals of six months or less (Palm Beach County Tax Collector; Florida Department of Revenue). A lease of six months and a day is not transient and avoids them. We structure and remit correctly either way.
I split time between the island and another coastal home. Can one firm handle both?
Yes, and that is our exact footprint. We run seasonal leasing and estate care on the island, and full short term rental programs for your homes in rental-legal markets from Jupiter south to Miami, under one agreement and one monthly statement.
How should I vet an estate or leasing manager here?
Ask who inspects the home and how often, what the written report contains, how tenants are vetted, and what happens after a named storm. Then ask for terms in writing. Our guide, 21 questions to ask before hiring a rental manager, adapts cleanly to island interviews.
Request a private consultation. One conversation about your home, your season, and the rules that govern both: Schedule here
Brad McRae is the founder of Yours Truly Hospitality and operates its portfolio of luxury properties from Palm Beach south to Miami with his wife Justina. More about Brad and the YTH team.
Updated July 2026.