Miami Beach

As of June 2026, Miami Beach, Miami, Bal Harbour, Surfside have 4,672 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Miami Beach generates $76K per year. High-performing properties earn $240K/year, while low-performing properties earn $38K/year. Despite modest supply contraction year-over-year, flat revenue trends and 42% occupancy suggest demand hasn't kept pace with available inventory. The threefold revenue gap between high and low performers indicates significant operational variance in a moderately competitive market.

Average home prices in Miami Beach vary by property size: 1-bedroom properties cost approximately $375K, 2-bedroom homes average $776K, 3-bedroom properties are around $2.1M, and 4+ bedroom homes average $3.3M. These prices reflect median home values across the Miami Beach, Miami, Bal Harbour, Surfside area.

Airbnb and VRBO can be profitable in Miami Beach, with an average gross yield of 11% across all properties. High-performing properties achieve yields up to 35%, which is considered top for short-term rental investment. Declining supply and revenue year-over-year alongside flat two-year trends suggest market saturation, while the wide performance gap—from $76K to $240K average revenue—indicates significant differentiation between properties despite modest 42% occupancy rates.

The average occupancy rate for Airbnbs and VRBOs in Miami Beach is 42%. This occupancy level, combined with an average nightly rate of $418, results in a RevPAR (revenue per available room) of $157 per day.

1-bedroom properties demonstrate the strongest performance in Miami Beach, with an average gross yield of 15% and annual revenue of $52K. These properties balance purchase price ($375K), operating costs, and rental demand most effectively in the Miami Beach market.

Short-term rental regulations vary by jurisdiction in the Miami Beach area. Miami Beach: Strict. Registration required, owner-occupancy mandate for single-family homes, 6-month minimum rental in most residential zones. Active enforcement with significant fines and violations. Miami: Moderate. Business tax receipt required, zoning restrictions vary by district, some areas prohibit short-term rentals. Enforcement inconsistent across neighborhoods. Bal Harbour: Strict. Short-term rentals prohibited in residential zones. Limited enforcement needed due to clear prohibition and small size. Surfside: Strict. 6-month minimum rental requirement in residential areas, effectively banning short-term rentals. Active enforcement in small town. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Miami Beach Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has decreased 6%. This indicates balanced supply-demand dynamics. The wide performance gap between average ($76,350) and top-performing properties ($240,346) suggests differentiation is driving returns, while the 42% occupancy rate reflects moderate market saturation with selective demand.

Launch around December, 2-3 months before peak winter season (March peaks). This pre-peak timing lets you build reviews when competition is 21% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (August-September) when gaining traction is harder.

The most common amenities in Miami Beach listings include: Air Conditioning (99%), Kitchen (84%), Tv (79%), Elevator (68%), Washing Machine (61%). Amenities that boost revenue the most include Hot Tub, Sauna, Pets Allowed, with Hot Tub properties earning approximately 98% more ($155K/year vs $78K/year).

Monthly estimated revenue per listing in Miami Beach over the last 12 months: May: $4K, June: $4K, July: $4K, August: $3K, September: $2K, October: $3K, November: $4K, December: $6K, January: $6K, February: $6K, March: $8K, April: $7K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Miami Beach is $418, up 10% year-over-year. By property size: 1-bedroom properties average $300/night, 2-bedroom properties average $504/night, 3-bedroom properties average $975/night, 4+ bedroom properties average $2K/night. Rates peak in March and are lowest in September.

Guests in Miami Beach book an average of 31 days in advance, down 15% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 33 days, 3-bedroom: 39 days, 4+ bedroom: 42 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Miami Beach Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing decreased 6%, occupancy fell 6%, average nightly rates increased 10%, and lead time decreased 15%. Despite rate increases, declining occupancy and shortened booking windows suggest weakening demand relative to supply constraints. The wide performance gap between average ($76,350) and top listings ($240,346) indicates success concentrates among differentiated properties.

In Miami Beach, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Sunday. Weekends show 37% higher occupancy than weekdays.