🏖️ How to Start an LLC & Get a Short-Term Rental License in Panama City Beach, FL

Are you ready to turn your Florida real estate goals into a legitimate, income-generating business? Whether you’re buying a beach condo, investing in short-term rentals, or launching a property management company — starting an LLC is step one.

Here’s your step-by-step guide for setting up an LLC in Florida and getting your short-term rental (STR) license in Panama City Beach or Bay County.

🔹 Step 1: Form Your Florida LLC

1. Search Your Business Name
Visit 👉 Sunbiz.org to check if your desired LLC name is available.

2. Apply for an EIN (Employer Identification Number)
This is your business tax ID from the IRS. Apply online at 👉 IRS.gov.
✅ Pro Tip: Save a PDF and request a mailed copy too.

3. Register Your LLC with the State of Florida
Use your EIN to file Articles of Organization on 👉 Sunbiz.org
💰 Fee: Approx. $160

4. Open a Business Bank Account
Keep your finances clean and tax-ready with a dedicated account.

5. (Recommended) Create an Operating Agreement
Florida doesn’t require this, but it helps with structure, especially if you expand or bring on partners later.

🧾 DBPR & Florida Licensing

If your LLC involves rentals or property management, you must register with:
🏛️ Florida Department of Business & Professional Regulation (DBPR)

💵 Florida Department of Revenue (DOR) Taxes

If you’re offering short-term stays, you must:

• Read more here👉 floridarevenue.com

• Clerk of Courts FAQ Tourist Development Tax via the 👉 Bay County FAQ

🏠 Bay County & PCB STR Licensing Requirements

If your property is located inside Panama City Beach city limits, you must:
✔️ Register your STR at 👉 pcbfl.gov STR Info
✔️ Pass an annual Fire Safety Inspection
✔️ Display your Certificate of Compliance inside the unit
✔️ Include your STR permit number in all advertising
🔎 Check city limit status 👉 here

📈 Tools to Estimate Rental Income

Short-Term Rental Projections:
🔹 AirDNA Airbnb Calculator

Long-Term Rental Rates:
🔹 Rentometer

🧰 Rental-Ready Tech & Hosting Tools

• Install smart locks for safety & convenience

• Create guest guidebooks with Wi-Fi info, rules, and local eats

💡 Marketing Tips for New Owners

• Build a Google Business Profile to boost local searches

• Hire a professional photographer and consider floor plans

• Send post-stay review requests to boost your listing

• Track income & expenses monthly — use a STR-savvy CPA!

🤝 Build Long-Term Local Connections

• Join Facebook Groups like:

• Build relationships with trusted vendors: cleaners, HVAC, handymen – or give me a call I am happy to share

• Attend Chamber events and welcome center activities

👩‍💼 Author: Danielle “Dani” Kemp, REALTOR®

Licensed Real Estate Agent with Century 21 Ryan Realty
📍 Panama City Beach, Florida
📞 850-896-2487
🌐 nwfloridarealty.sites.c21.homes
🏡 Residential • Commercial • STR • Investment Properties

⚠️ Legal Disclaimer

This blog is for general informational purposes only and should not be considered legal, financial, or tax advice. Always consult with a licensed Real Estate Attorney, CPA, or qualified professional before making any legal or financial decisions. Buyers are responsible for verifying zoning, permitting, licensing, and HOA restrictions with the appropriate local authorities prior to purchasing any property. All information deemed reliable but not guaranteed. Subject to change. Equal Housing Opportunity.