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Airbnb City Guide: The Best Places To Invest in Hialeah, Florida

Brown and White Wooden House

Airbnb Rules and Regulations in Hialeah, Florida

As of 2024, Hialeah has implemented several regulations for short-term vacation rentals within the city. Hosts must obtain a certificate of use from Miami-Dade County and register with the Florida Department of Business and Professional Regulation. The responsible party is required to reside in the property for more than six months per year. Occupancy is limited to a maximum of two persons per bedroom plus two additional persons per property, up to a total of 12 guests. Quiet hours and noise restrictions apply.

Hosts must provide notice to their homeowners or condo associations and adhere to any additional rules. Sexual offenders and predators are prohibited from staying in rentals within 2,500 feet of a school. Pools must have required safety features if children under six will be present. While Hialeah allows short-term rentals, hosts must carefully follow all applicable city, county, and state regulations to operate legally and avoid potential fines.

Hialeah Airbnb Market Data:

  • Average Revenue – $40.3K per year
  • Average Daily Rate – $197.3 per night
  • Average Occupancy Rate – 56%
  • Average RevPAR – $112
  • Average Home Prices – $445,099

1. Top Place to Invest in Hialeah, Florida - Palm Springs North

Palm Springs North is an unincorporated community and census-designated place located in the heart of Miami-Dade County, Florida. With a population of just over 5,000 residents, this vibrant neighborhood offers a unique blend of suburban charm and urban convenience, making it an attractive option for real estate investors.

Palm Springs North Airbnb Market Data:

  • Average Revenue – $102.2K per year
  • Average Daily Rate – $514.7 per night
  • Average Occupancy Rate – 59%
  • Average RevPAR – $306.7

Convenience - 8/10

One of the key advantages of Palm Springs North is its prime location. Situated just 18 miles northwest of downtown Miami, residents enjoy easy access to major thoroughfares such as I-75, the Palmetto Expressway, and the Florida Turnpike. The area is also well-served by public transportation, with the Miami Metrorail and Tri-Rail stations nearby.

Tourist Attractions - 6/10

While Palm Springs North itself may not be a major tourist destination, its proximity to various attractions in the greater Miami area is a significant draw. Visitors can easily explore the vibrant art scene in Wynwood, soak up the sun on South Beach, or immerse themselves in the natural beauty of the Everglades National Park.

Things to Do - 7/10

Residents of Palm Springs North have access to a wide range of recreational activities. The community boasts several parks, including Palm Springs North Park, which features a playground, basketball courts, and a walking trail. The nearby Hialeah Park Racing & Casino offers a unique entertainment experience, while the Westland Mall provides ample shopping opportunities.

Average Home Prices - 7/10

According to Zillow, the typical home value in Hialeah, FL, which encompasses Palm Springs North, is $445,099 as of 2024. This represents a 9.8% increase over the past year, indicating a strong appreciation rate. While prices may be slightly higher than the national average, the potential for continued growth makes Palm Springs North an attractive investment opportunity.

Proximity to Work-Related Travel - 8/10

Palm Springs North's strategic location makes it an ideal base for professionals who frequently travel for work. The community is just a short drive from Miami International Airport and the Miami Beach Convention Center. Additionally, several major hospitals, including Palmetto General Hospital and Hialeah Hospital, are within easy reach.

X-Factor - 7/10

What sets Palm Springs North apart is its strong sense of community and cultural diversity. The neighborhood is known for its tight-knit, family-oriented atmosphere, with a vibrant Hispanic population that brings a unique flavor to the area. This cultural richness and the community's affordability and growth potential make Palm Springs North a hidden gem for real estate investors.

2. Top Place to Invest in Hialeah, Florida - Country Club

Nestled in the heart of Hialeah, Country Club is a hidden gem that offers a unique blend of urban convenience and resort-style living. This gated community boasts attractive single-family homes, duplexes, townhouses, and condos with a Mediterranean flair, surrounded by lush green spaces and tranquil lakes.

Country Club Airbnb Market Data:

  • Average Revenue – $59.5K per year
  • Average Daily Rate – $351.7 per night
  • Average Occupancy Rate – 51%
  • Average RevPAR – $202.3

Convenience - 8/10

Country Club's prime location in northwest Miami provides easy access to major highways, such as the Palmetto Expressway and I-75. Residents enjoy a short commute to downtown Miami and other key areas in the metropolitan region. The neighborhood also offers a variety of local amenities, including grocery stores, restaurants, and shops.

Tourist Attractions - 6/10

While Country Club itself is not a major tourist destination, its proximity to Miami's world-famous attractions is a significant advantage. Visitors can easily explore the vibrant art scene in Wynwood, soak up the sun on South Beach, or immerse themselves in the natural beauty of the Everglades National Park.

Things to Do - 7/10

The crown jewel of Country Club is the iconic Country Club of Miami, featuring two beautifully manicured championship golf courses. Once frequented by Hollywood legends like Jackie Gleason and Bob Hope, this historic club offers a challenging and nostalgic golfing experience. Residents can enjoy the serene green space at Country Club Villas Park for a more relaxed outdoor activity.

Average Home Prices - 8/10

According to Zillow, the typical home value in Country Club, Hialeah, is $445,099 as of 2024. This represents a 9.8% increase over the past year, indicating a strong appreciation rate. While prices may be slightly higher than the national average, the potential for continued growth and the neighborhood's resort-style amenities make it an attractive Airbnb investment opportunity.

Proximity to Work-Related Travel - 7/10

Country Club's location in Hialeah offers convenient access to various work-related destinations. Miami International Airport is just a short drive away, making it ideal for professionals who frequently travel for business. The neighborhood is also within reach of several major hospitals, such as Palmetto General Hospital and Hialeah Hospital.

X-Factor - 8/10

What sets Country Club apart is its unique blend of resort-style living and urban convenience. The gated community offers a sense of exclusivity and security, while the Mediterranean-inspired architecture and lush landscaping create a tranquil atmosphere. The iconic Country Club of Miami adds a touch of nostalgia and prestige, making this neighborhood a desirable choice for both residents and investors.

3. Top Place to Invest in Hialeah, Florida - Miami Lakes

Nestled in the heart of Hialeah, Miami Lakes is a vibrant and growing community that offers a unique blend of urban convenience and suburban charm. With its picturesque lakes, well-manicured parks, and thriving business district, Miami Lakes has become an increasingly attractive destination for real estate investors, particularly those interested in the short-term rental market.

Miami Lakes Airbnb Market Data:

  • Average Revenue – $53.8K per year
  • Average Daily Rate – $414.3 per night
  • Average Occupancy Rate – 47%
  • Average RevPAR – $178.4

Convenience - 8/10

One of the key advantages of investing in Miami Lakes is its prime location. Situated just 16 miles northwest of downtown Miami, the community provides easy access to major highways, including the Palmetto Expressway and I-75. This strategic position allows for seamless travel to nearby attractions, business centers, and transportation hubs, making it an ideal base for both residents and visitors.

Tourist Attractions - 6/10

While Miami Lakes itself may not be a primary tourist destination, its proximity to various attractions in the greater Miami area is a significant draw. Visitors can easily explore the vibrant art scene in Wynwood, soak up the sun on South Beach, or immerse themselves in the natural beauty of the Everglades National Park.

Things to Do - 7/10

Miami Lakes offers a wide array of recreational activities for residents and visitors alike. The town boasts an extensive park system, with over 100 parks and green spaces within walking distance of every neighborhood, making it a great location for eco-friendly rentals. Golf enthusiasts can enjoy a round at the Miami Lakes Golf Club, while nature lovers can explore the lush trails of Amelia Earhart Park.

Average Home Prices - 8/10

According to Zillow, the typical home value in Miami Lakes as of 2024 is $445,099. This represents a 9.8% increase over the past year, indicating a strong appreciation rate. While prices may be slightly higher than the national average, the potential for continued growth and the area's desirable amenities make it an attractive investment opportunity for short-term rental investors.

Proximity to Work-Related Travel - 8/10

Miami Lakes' central location makes it an ideal base for professionals who frequently travel for work. The town is just a short drive from Miami International Airport and the Miami Beach Convention Center. Additionally, several major hospitals, including Palmetto General Hospital and Hialeah Hospital, are within easy reach.

X-Factor - 8/10

Its unique blend of urban convenience and suburban tranquility sets Miami Lakes apart. The town's carefully planned layout, winding streets, and abundant green spaces create a sense of community and serenity that is rare in the bustling Miami metropolitan area. This, combined with the area's strong economic growth and diverse cultural influences, makes Miami Lakes a hidden gem for short-term rental investors seeking a balance of stability and potential.

4. Top Place to Invest in Hialeah, Florida - West Hialeah

Nestled in the heart of Hialeah, West Hialeah is a vibrant and diverse neighborhood that offers a unique blend of urban convenience and cultural richness. With its affordable housing options, thriving business district, and easy access to major highways, West Hialeah has become an increasingly attractive destination for investors looking to enter the short-term rental market.

West Hialeah Airbnb Market Data:

  • Average Revenue – $52.8K per year
  • Average Daily Rate – $474.7 per night
  • Average Occupancy Rate – 44%
  • Average RevPAR – $180.6

Convenience - 8/10

One of the key advantages of investing in West Hialeah is its prime location. Situated just minutes from the Palmetto Expressway and Okeechobee Road, the neighborhood provides seamless access to major transportation arteries, making it easy for residents and visitors to explore the greater Miami area. The community also boasts a wide array of local amenities, including grocery stores, restaurants, and shops, ensuring that all essential needs are met within a short distance.

Tourist Attractions - 6/10

While West Hialeah itself may not be a primary tourist destination, its proximity to various attractions in the Miami metropolitan area is a significant draw. Visitors can easily access the vibrant art scene in Wynwood, the sun-soaked beaches of Miami Beach, or the natural wonders of the Everglades National Park. This strategic location allows short-term rental investors to capitalize on the diverse interests of travelers visiting the region.

Things to Do - 7/10

West Hialeah offers a range of recreational activities and cultural experiences for residents and visitors alike. The neighborhood is home to several parks, including Westland Gardens Park, which features sports facilities, a public library, and a beautiful botanical garden. The nearby Amelia Earhart Park provides opportunities for outdoor adventures, such as biking, fishing, and water sports. Additionally, the community's rich Cuban heritage is reflected in its numerous authentic restaurants and lively cultural events.

Average Home Prices - 8/10

According to Zillow, the typical home value in Hialeah as of 2024 is $445,099, representing a 9.8% increase over the past year. This appreciation rate indicates a strong and growing real estate market, making West Hialeah an attractive option for investors seeking both short-term rental income and long-term property value growth. The neighborhood's affordable housing options, coupled with its potential for high occupancy rates, present a compelling opportunity for savvy investor.

Proximity to Work-Related Travel - 7/10

West Hialeah's central location within the Miami metropolitan area makes it a convenient base for professionals who frequently travel for work. The neighborhood is just a short drive from Miami International Airport, making it easy for business travelers to reach their destinations. Additionally, the community's proximity to major highways provides quick access to key business districts, hospitals, and convention centers throughout the region.

X-Factor - 8/10

Its unique blend of cultural diversity, community spirit, and untapped potential sets West Hialeah apart. The neighborhood's strong Cuban influence creates a vibrant and welcoming atmosphere, attracting visitors seeking an authentic taste of Miami's Latin heritage. Moreover, the area's growing business district and ongoing revitalization efforts suggest a bright future for the community, making it an exciting prospect for investors looking to capitalize on an emerging market.

5. Top Place to Invest in Hialeah, Florida - East Hialeah

East Hialeah is a vibrant and culturally rich neighborhood in the heart of Hialeah, Florida. With its diverse population, thriving business district, and convenient location, East Hialeah has become an increasingly attractive destination for real estate investors, particularly those interested in the short-term rental market.

East Hialeah Airbnb Market Data:

  • Average Revenue – $32K per year
  • Average Daily Rate – $166.4 per night
  • Average Occupancy Rate – 66%
  • Average RevPAR – $113.8

Convenience - 8/10

One of the key advantages of investing in East Hialeah is its prime location. The neighborhood offers easy access to the greater Miami area, situated just minutes from major highways, including the Palmetto Expressway and I-75. This strategic position allows for seamless travel to nearby attractions, business centers, and transportation hubs, making it an ideal base for both residents and visitors.

Tourist Attractions - 6/10

While East Hialeah itself may not be a primary tourist destination, its proximity to various attractions in the Miami metropolitan area is a significant draw. Visitors can easily explore the vibrant art scene in Wynwood, soak up the sun on Miami Beach, or immerse themselves in the natural beauty of the Everglades National Park.

Things to Do - 7/10

East Hialeah offers a range of recreational activities and cultural experiences for residents and visitors alike. The neighborhood boasts several parks, including Amelia Earhart Park, which features sports facilities, mountain biking trails, and a beautiful botanical garden. The nearby Hialeah Park Racing & Casino provides a unique entertainment experience, while the vibrant Leah Arts District showcases the community's creative spirit.

Average Home Prices - 8/10

According to Zillow, the typical home value in Hialeah as of December 2023 is $445,099, representing a 9.8% increase over the past year. This appreciation rate indicates a strong and growing real estate market, making East Hialeah an attractive option for investors seeking both short-term rental income and long-term property value growth.

Proximity to Work-Related Travel - 7/10

East Hialeah's central location within the Miami metropolitan area makes it a convenient base for professionals who frequently travel for work. The neighborhood is just a short drive from Miami International Airport, making it easy for business travelers to reach their destinations. Additionally, several major hospitals, such as Palmetto General Hospital and Hialeah Hospital, are within easy reach.

X-Factor - 8/10

What sets East Hialeah apart is its unique blend of cultural diversity, community spirit, and untapped potential. The neighborhood's strong Hispanic influence creates a vibrant and welcoming atmosphere, attracting visitors seeking an authentic taste of Miami's Latin heritage. Moreover, the area's growing business district and ongoing revitalization efforts suggest a bright future for the community, making it an exciting prospect for investors looking to capitalize on an emerging market.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.