Airbnb Market Analytics, Statistics and Data in Key Biscayne, Florida, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Key Biscayne? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Key Biscayne:
How much do Airbnb hosts make on average per month in Key Biscayne?
The short-term rental market in Key Biscayne shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $4,678 per month
- Strong performing properties (top 25%) make $9,290 or more
- Best-in-class properties (top 10%) achieve $13,459+ monthly
- Entry-level properties (bottom 25%) typically earn around $2,431
Revenue Variations by Month
Occupancy Rates Throughout the Year in Key Biscayne
The market in Key Biscayne shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 52% occupancy rates
- Strong performing properties (top 25%) achieve 74% or higher
- Best-in-class properties (top 10%) reach 87%+occupancy
- Entry-level properties (bottom 25%) average around 23%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Key Biscayne
Daily rates in Key Biscayne vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $387 per night
- Strong performing properties (top 25%) secure $577 or more
- Best-in-class properties (top 10%) pull in $1,033+ per night
- Entry-level properties (bottom 25%) earn around $199
Daily Rate Variations by Month
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Seasonality patterns in Key Biscayne
Peak Season (March, February, December)
- Revenue peaks at $9240.09 per month
- Occupancy rates reach 63.69%
- Daily rates average $546.35
Shoulder Season
- Revenue averages $6687.66 per month
- Occupancy maintains 49.79%
- Daily rates hold at $488.28
Low Season (October, August, September)
- Revenue drops to $3745.45 per month
- Occupancy decreases to 33.95%
- Daily rates adjust to $399.23
Is it still profitable to do Airbnb in Key Biscayne in 2025?
Yes! Key Biscayne demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 50% and strong monthly revenue averaging $6688 and The market's 118 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (families on vacation, festival goers, adventure tourists, international visitors)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Key Biscayne
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Crandon Park | Beautiful beach park with recreational activities. Perfect for families and nature lovers wanting to enjoy outdoor leisure and tranquility. | Crandon Park Beach, Biscayne National Park, Crandon Park Golf Course, Kayaking and paddleboarding, Nature center |
| Key Biscayne Village | Charming village atmosphere with great dining, shopping, and access to beautiful beaches. Ideal for tourists looking for a laid-back, local experience. | Village Green Park, Key Biscayne's local shops, Coconut Grove Beach, Restaurants and cafes, Water sports rentals |
| Bill Baggs Cape Florida State Park | Stunning natural area featuring a historic lighthouse and beautiful coastal scenery. Attracts visitors interested in nature trails and beach activities. | Cape Florida Lighthouse, Hiking trails, Biking paths, Picnic areas, Beautiful coastal views |
| Rickenbacker Causeway | Scenic drive connecting Miami to Key Biscayne, popular for cycling and outdoor activities. Great for travelers looking for waterfront experiences. | Scenic views of Biscayne Bay, Biking and walking paths, Fishing spots, Water sports opportunities |
| Virginia Key | Nearby island known for its beaches, nature trails, and recreational facilities. Attracts water sports enthusiasts and nature lovers. | Virginia Key Beach, Virginia Key EcoCenter, Kayaking and snorkeling, Biking trails, Nature walks |
| Hobie Island Beach Park | Popular spot for windsurfing and beach activities, close to downtown Miami. Perfect for active travelers looking for water sports. | Windsurfing, Kiteboarding, Picnic areas, Beach volleyball, Kayaking |
| Lighthouse Park | A peaceful park with a historical lighthouse and beautiful trails. Great for families and visitors wanting to explore history and nature. | Historical lighthouse, Walking and biking paths, Picnic areas, Beach access, Nature trails |
| Key Biscayne Marina | Ideal for boating enthusiasts with access to various marine activities and rentals. Excellent for tourists looking to explore the waters of Biscayne Bay. | Boat rentals, Water sports activities, Fishing charters, Scenic bay views, Dining options |
Do you need a license for Airbnb in Key Biscayne?
We recommend checking directly with Key Biscayne's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Key Biscayne
Beautiful coastal style home in Key Biscayne .
Entire Place • 5 bedrooms
Luxury 4-Bedroom Villa in Key Biscayne
Entire Place • 4 bedrooms
Sapphire by VIAC - Breathtaking 2BR Unit Set @ Rit
Entire Place • 2 bedrooms
Condo on Key Biscayne Oceanfront
Entire Place • 3 bedrooms
Emerald by VIAC - Unique 1BR Suite @Ritz Carlton K
Entire Place • 1 bedroom
Gorgeous Partial Ocean View I The Ritz Carlton
Entire Place • 1 bedroom
Top Performing Professional Hosts in Key Biscayne
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Quentin | 6 | $891,338 | 359 | 4.78/5.0 |
| Carolina | 1 | $381,714 | 13 | 5.00/5.0 |
| WeHost | 3 | $322,497 | 25 | 4.50/5.0 |
| Gloria | 6 | $321,370 | 120 | 4.76/5.0 |
| Silvia | 3 | $280,161 | 125 | 4.82/5.0 |
| Sheryl | 3 | $271,637 | 80 | 4.85/5.0 |
| Vanesa | 1 | $265,636 | 5 | 5.00/5.0 |
| RoomPicks | 7 | $203,073 | 23 | 1.72/5.0 |
| Lucia | 2 | $198,428 | 46 | 4.95/5.0 |
| Melissa | 15 | $180,459 | 674 | 4.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Key Biscayne
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (95.8%), with apartment & condo and house properties comprising 98.3% of inventory
- Untapped potential in boutique & hotels, others segments (1.6% combined)
Room Capacity Distribution
Analysis of 118 properties in Key Biscayne shows that 1 bedroom properties are most prevalent, making up 40.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 62.7% of all listings.
Key Insights
- Most common: 1 bedroom (40.7%)
- Least common: 5+ bedrooms (5.9%)
- Market concentration: 62.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 118 properties in Key Biscayne reveals that 4 guests properties dominate the market, representing 33.9% of all listings. The average property accommodates 5.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 8+ guests make up 59.3% of the market.
Key Insights
- Most common capacity: 4 guests (33.9% of market)
- Least common capacity: 7 guests (5.1% of market)
- Average guest capacity: 5.1 guests per property
- Market concentration: 59.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 118 properties in Key Biscayne, the most common availability pattern is 271-366 days (38.1% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (26.3% of properties).
Key Insights
- Most common availability window: 271-366 days (38.1%)
- Most common booking duration: 181-270 days (26.3%)
- Properties with high availability (180+ days): 61.9%
- Properties with long-term bookings (180+ days): 40.7%
Minimum Stay Distributions
1 Night
12 listings
12% of total
2 Nights
13 listings
13% of total
3 Nights
21 listings
21% of total
4-6 Nights
27 listings
27% of total
7-29 Nights
9 listings
9% of total
30+ Nights
18 listings
18% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 25.0%
- Mid-length stays (4-6 nights) represent 27% of listings
- Monthly+ stays (18%) suggest a stable extended-stay market
- High market flexibility with 46.0% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
7 listings
7% of total
Flexible
5 listings
5% of total
Moderate
23 listings
23% of total
Firm
28 listings
28% of total
Strict
37 listings
37% of total
Key Insights
- Strict is the preferred policy at 37.0% of listings
- Stricter policies (Firm & Strict) dominate at 65.0% of the market
- Strong market consensus around Strict policies
- Flexible policies are least common at 5.0% of listings
Recommendations
- The market supports stricter policies, with 65.0% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jan, Dec, Mar, averaging 83 days
- Shortest booking windows are in Aug, Oct, Sep, averaging 42 days
- Winter shows the longest average booking window at 80 days, while Fall has the shortest at 46 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 80 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Sep when lead times are shortest
Popular Airbnb Amenities in Key Biscayne
Every property in Key Biscayne comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 78.2% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (2.7%) and Argentina (2.6%)
- English is the top language at 59.5%, followed by Spanish (26.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.6%
Recommendations
- Target marketing campaigns for New York and Miami markets
- Develop localized content for Canada and Argentina
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Key Biscayne. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Bal Harbour Village | 33 | $11,004 | $798.77 | 45% |
| Stock Island | 99 | $7,584 | $572.82 | 43% |
| Lake Clarke Shores | 27 | $6,443 | $424.96 | 48% |
| Key West | 1,100 | $6,401 | $547.56 | 46% |
| North Bay Village | 110 | $6,084 | $513.61 | 49% |
| Pinecrest | 12 | $5,686 | $576.32 | 45% |
| Duck Key | 67 | $5,190 | $450.78 | 43% |
| Lighthouse Point | 79 | $5,009 | $391.01 | 46% |
| Plantation | 119 | $4,631 | $356.02 | 46% |
| Cutler Bay | 71 | $4,608 | $273.75 | 52% |
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