BNBCalc Short Term Rental Cohost Analysis 1510 Meridian Ave Apt 11

2 bed • 1 bath • 4 guests • $484,100

BNB

Calc

Report by:

Nemo Napijalo

CEO at Lux Short Term Stays

+18137388749

info@luxshorttermstays.com

Owner income

$48,135

Per year

This Airbnb could earn an additional

$2,810

Per month vs a Long-Term Rental

Annual Revenue range

$59,925 - $154,140

Annual Revenue

$68,764

AirDNA projects $272/night at 56% occupancy ($55,633). Airbtics projects $281/night at 67% occupancy ($68,764). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 67% occupancy rate, $281 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	$40,225	$59,925	$97,009	$154,140
Occupancy	56%	66%	84%	89%
Nightly Rate	$183	$231	$297	$450

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
54 SAXO Residence	$60,886	$183	85%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (147)
Best Location 2BDRM 2BTHS South Beach Miami	$83,106	$210	92%	2	2	1	$185	❌	❌	✅	Y / Y	⭐️ 4.7 (665)
AZURE LUXURY SUITES LOFT 1 SOBE MIA	$47,981	$141	86%	2	2	1	$120	❌	❌	❌	Y / Y	⭐️ 4.7 (698)
2Bed/2Bath Retreat in South Beach	$29,352	$156	50%	2	2	1	$159	❌	❌	❌	Y / Y	⭐️ 4.5 (16)
24 SAXO Residence	$57,896	$171	84%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 4.6 (96)
2 Units combined on the same floor	$161,185	$537	78%	2	3	2	$240	✅	❌	❌	Y / Y	⭐️ 4.8 (12)
Blissful 2BDRM 3min Walk South Beach & Ocean Drive	$46,770	$188	56%	2	1	1	$155	❌	❌	✅	N / Y	⭐️ 4.7 (2155)
Kasa El Paseo \| Explore Lincoln Road, Miami Beach	$157,739	$730	58%	2	1	1	$75	❌	❌	✅	N / Y	⭐️ 4.7 (3)
Rosy Suite \| Resort and Parking Passes Available	$81,823	$273	77%	2	1	3	$180	❌	❌	✅	Y / Y	⭐️ 4.9 (39)
Luxe Suite \| Resort & Parking Passes Available	$66,549	$277	61%	2	1	3	$180	❌	❌	✅	Y / Y	⭐️ 4.8 (33)
Luxe 2-Bed w/ Parking in Heart of South Beach	$57,682	$229	66%	2	1	5	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (119)
Sunny SoBe 3min to Beach 2BDRM Apart w/Kitchen	$68,786	$178	92%	2	1	1	$150	❌	❌	✅	Y / Y	⭐️ 4.7 (565)
Art Deco - Amazing 3 bedroom with Shared Pool	$103,069	$447	63%	2	2	4	$0	✅	❌	✅	N / Y	⭐️ 4 (10)
Free Parking Getaway: 2BR in the Heart of SoBe	$75,265	$311	65%	2	1	1	$195	❌	❌	✅	N / Y	⭐️ 4.7 (16)
C - Bella Espanola Way Beach Home-Parking	$76,091	$231	90%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (105)
Art Deco - Stylish 2 bedrooms with Shared Pool	$116,673	$483	66%	2	2	4	$0	✅	❌	✅	N / Y	⭐️ 3 (1)
Central 2 bedrooms Condo in South Beach, 5 beds	$53,726	$233	63%	2	2	1	$0	❌	❌	❌	N / Y	⭐️ 4 (19)
2 bedrooms in the center of Miami beach (sleeps 6)	$54,351	$297	50%	2	2	3	$0	❌	❌	❌	Y / Y	⭐️ 3.4 (5)
Two Bedroom Steps to Lincoln road w/ Pool access	$63,662	$220	71%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 4.2 (23)
2BR Apt for Long-Term Corporate Rental	$33,174	$136	66%	2	1	1	$195	❌	❌	✅	N / Y	⭐️ 5 (1)
Two Bedroom Steps to Lincoln road w/ Pool access	$65,849	$173	85%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 4.4 (30)
2 Apartamento 1410	$62,885	$242	71%	2	2	5	$0	❌	❌	❌	Y / Y	⭐️ 5 (1)
South Beach Apartment Overlooking the Bay!	$66,411	$288	63%	2	2	15	$0	✅	✅	✅	Y / Y	⭐️ 5 (1)
Two Bedroom Steps to Lincoln road w/ Pool access	$75,394	$183	89%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 4.3 (37)
Beautiful 2b Apartment in SoBe!	$59,024	$192	84%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Enjoy South Beach - 2BR 2BA - 5 Min Walk to Ocean	$42,822	$300	39%	2	2	5	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
SOBE - 2 Bedroom Units steps to Espanola Way	$44,296	$247	49%	2	1	4	$0	❌	❌	✅	N / Y	⭐️ 4.2 (11)
Two Bedroom Steps to Lincoln road w/ Pool access	$78,614	$232	80%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 3.8 (5)
⛱Iconic 2BD/2BA ❤ Save up to 10% ❤ Walk Everywhere	$113,265	$314	87%	2	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (68)
SOBE Two Bedroom Steps to Lincoln road	$34,269	$196	38%	2	1	4	$150	❌	❌	❌	N / Y	⭐️ 4.3 (20)
South Beach getaway!	$24,156	$165	40%	2	2	3	$175	❌	❌	❌	Y / Y	⭐️ 0 (0)
Breathtaking 2bed/1ba Unit with pool access	$75,003	$297	56%	2	1	1	$250	✅	❌	✅	N / Y	⭐️ 4 (2)
Sobe 2 bedroom rental steps from Espanola Way	$41,943	$191	60%	2	1	4	$0	❌	❌	✅	N / Y	⭐️ 4.5 (2)
Charming South Beach Loft	$48,478	$301	44%	2	3	5	$0	❌	❌	❌	Y / N	⭐️ 0 (0)
Two Bedroom Steps to Lincoln road w/ Pool access	$77,371	$240	76%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 3.8 (12)
Two Bedroom Steps to Lincoln road w/ Pool access	$78,016	$166	95%	2	1	1	$150	✅	❌	❌	N / Y	⭐️ 4.4 (13)
Beautiful 2 Bedrooms 1 bath Apt. South Beach Miami	$179,672	$1,216	39%	2	1	4	$200	❌	❌	❌	N / Y	⭐️ 4.2 (4)
SOBE Two Bedroom Steps to Lincoln road	$58,748	$176	69%	2	1	4	$150	❌	❌	❌	N / Y	⭐️ 4.3 (51)
Two Bedroom Steps to Lincoln road w/ Pool access	$80,166	$224	87%	2	1	1	$150	✅	❌	✅	N / Y	⭐️ 4.2 (7)

1510 Meridian Ave Miami Beach, Florida, 33139

2 bed • 1 bath • 4 guests

Inquire about this property

Contact Nemo

CEO at Lux Short Term Stays

Miami Beach

Zoning

Laws

$68,764

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $272/night at 56% occupancy.Projected nightly rate is $281/night at 67% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$70,566

Avg annual revenue

67%

Avg occupancy rate

$281

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$70k

$125k

$180k

$13,753

Profit

Revenue

$68,764

Cleaning

$8,676

Cohost commission

$13,753

Owner payout

$48,135

$0

Cash Investment

Renos & Furnishing

Total

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

Year built:

1935

Size:

507 sqft

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
1600 Michigan Ave Apt 1	1	1	737	-	1936	$290,000	168
1551 Michigan Ave Apt 14	1	1	500	-	1954	$290,000	33
642 Michigan Ave Apt 11	1	1	530	-	1925	$190,000	89
1502 Jefferson Ave Apt 303	-	1	472	-	1926	$245,000	47
801 15th St Apt 106	1	1	410	-	1956	$0	-
1618 Michigan Ave Apt 6	1	1	440	-	1925	$250,000	66
1619 Lenox Ave Apt 10	1	1	559	-	1925	$155,000	-
1545 Jefferson Ave Apt 102	1	2	876	-	1965	$475,000	135
1601 West Ave Apt 106	1	1	691	-	1962	$415,000	94
1732 Meridian Ave Apt 202	1	1	694	-	1965	$100,000	-

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 0

Lot size: -

Building area: 507 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 02-3234-228-0110

Flood Zone: Yes, Zone

Tax Info

Year Assessed: 2023

Assessed Value: $178,500

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $242,515

Sale history

Date	Sale Price	% Financed	Buyer
11/19/18	$200,000	0%	Apartment & Suite Inc
06/04/14	$2,022,000	0%	Romy International Co Llc
06/04/14	$2,022,000	0%	Romy International Co Llc
08/05/14	$2,022,000	0%	East 187th Street Realty 622

Ownership

Name: Apartment & Suite Inc

Owner Occupied: No

Owner Mailing Address: 1329 Alton Rd # 800, Miami Beach, Fl 33139

Years Owned: 67

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No