Southeast0.7% avg cap rateLive · 39 active listings

Miami Beach, FL

South Florida luxury STR - global demand, premium ADR

Miami Beach is one of the most internationally recognized vacation destinations in the world, drawing visitors from Latin America, Europe, and the Northeast with South Beach's Art Deco architecture, luxury hotel scene, and year-round tropical climate. The STR market is dense and competitive but rewards design-forward listings with exceptional ADR. Miami-Dade County requires a Certificate of Use for all STRs.

0.7%
Avg Cap Rate
Net operating income / price
37%
Avg Occupancy
Annual average
$945
Avg Nightly Rate
All property types
$17.4M
Avg List Price
STR-viable properties

39 active listings in Miami Beach are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

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Estimated Annual Performance

Gross rental revenue
37% occ × $945/night
$129,002
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $51,601
Est. net operating income
Before mortgage & depreciation
$77,401
At $17.4M avg price
Implied cap rate
0.4%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Miami Beach

Global demand base - 60%+ international visitors in peak season
Art Basel and Ultra Music Festival drive massive ADR spikes
Year-round tropical climate - no true off-season
Miami-Dade Certificate of Use required for all STR operators
Peak season: Dec - Apr (snowbird), Art Basel (Dec), Ultra (Mar)
Top property types: Condo, Luxury Apartment, Townhouse, Villa
Primary zip: 33139, 33140, 33141, 33154

Miami Beach STR investing, answered

Is Miami Beach, FL a good short-term rental market?

Miami Beach is a Southeast STR market averaging a 0.7% cap rate, 37% annual occupancy, and $945/night across STR-viable listings, based on 39 active listings. Miami Beach is one of the most internationally recognized vacation destinations in the world, drawing visitors from Latin America, Europe, and the Northeast with South Beach's Art Deco architecture, luxury hotel scene, and year-round tropical climate. The STR market is dense and competitive but rewards design-forward listings with exceptional ADR. Miami-Dade County requires a Certificate of Use for all STRs.

What is the average Airbnb occupancy rate in Miami Beach?

STR-viable properties in Miami Beach average about 37% occupancy across the year. Peak season is Dec - Apr (snowbird), Art Basel (Dec), Ultra (Mar). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Miami Beach?

At $945/night and 37% occupancy, a typical Miami Beach STR grosses roughly $129,002 per year before expenses, leaving an estimated $77,401 in net operating income against a $17.4M average price, an implied 0.4% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Miami Beach?

The strongest-performing STR property types in Miami Beach are Condo, Luxury Apartment, Townhouse, Villa. Global demand base - 60%+ international visitors in peak season. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Miami Beach?

STR-viable listings in Miami Beach average around $17.4M. Primary STR ZIP codes include 33139, 33140, 33141. Combined with the market's 0.7% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 39 active listings · last updated Sep 1, 2026

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