Performance indicators for the Miami Beach short-term rental market based on reliable data.
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Middle-Earners Revenue
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Middle-Earners Occupancy
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The highest-performing listings in Miami Beach.
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Challenging to Investors
Short‑term rentals are allowed only in specific zones and authorized apartment buildings, with single‑family homes and many multi‑family buildings prohibited. Investors must obtain state licensing, a Business Tax Receipt, and Resort Tax certificate, meet condo/HOA letter requirements, pass inspections, and display permit numbers in ads—creating a complex, multi‑layer compliance burden and higher enforcement risk.
Local STR Agent
STR specialist · Miami Beach, FL
Miami Beach, Florida, is a vibrant coastal city located on natural and man-made barrier islands between the Atlantic Ocean and Biscayne Bay. As of the latest census, Miami Beach has a population of approximately 92,000 residents. It is situated just across the bay from Miami, one of Florida's major cities, making it a short drive of about 10 miles to downtown Miami.
Miami Beach is renowned for its stunning beaches, lively nightlife, and historic architecture, especially the famed Art Deco Historic District, which features beautifully preserved buildings from the 1920s and 1930s. The district can be explored along Ocean Drive and Collins Avenue, both hotspots for tourists and locals alike. Link to explore more about Art Deco Historic District.
The city's appeal for short-term rentals is bolstered by its array of world-famous attractions and landmarks. The Miami Beach Boardwalk stretches for miles along the beachfront, providing scenic views and access to numerous outdoor activities. Link to Miami Beach Boardwalk.
South Beach, a neighborhood within Miami Beach, is globally recognized for its white sandy shores and vibrant, fashionable culture. It’s also a hub for shopping, dining, and entertainment. Read more about South Beach.
Additionally, the Miami Beach Convention Center frequently hosts major events and conventions, adding to the demand for short-term accommodations. More details on Miami Beach Convention Center.
Overall, Miami Beach's combination of scenic beauty, rich cultural heritage, and proximity to Miami makes it a highly appealing destination for visitors seeking short-term rentals.