Airbnb Market Analytics, Statistics and Data in Miami Beach, 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 Miami Beach? 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 Miami Beach:
How much do Airbnb hosts make on average per month in Miami Beach?
The short-term rental market in Miami Beach 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 $3,268 per month
- Strong performing properties (top 25%) make $5,747 or more
- Best-in-class properties (top 10%) achieve $9,659+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,809
Revenue Variations by Month
Occupancy Rates Throughout the Year in Miami Beach
The market in Miami Beach 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 47% occupancy rates
- Strong performing properties (top 25%) achieve 71% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 23%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Miami Beach
Daily rates in Miami Beach 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 $226 per night
- Strong performing properties (top 25%) secure $362 or more
- Best-in-class properties (top 10%) pull in $595+ per night
- Entry-level properties (bottom 25%) earn around $145
Daily Rate Variations by Month
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Seasonality patterns in Miami Beach
Peak Season (March, December, February)
- Revenue peaks at $6382.72 per month
- Occupancy rates reach 56.96%
- Daily rates average $402.86
Shoulder Season
- Revenue averages $4840.41 per month
- Occupancy maintains 47.41%
- Daily rates hold at $324.04
Low Season (July, August, September)
- Revenue drops to $3321.96 per month
- Occupancy decreases to 41.01%
- Daily rates adjust to $288.17
Is it still profitable to do Airbnb in Miami Beach in 2025?
Yes! Miami Beach demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 47% and strong monthly revenue averaging $4840 and As a mature market with 3849 active listings, there's strong demand despite the competition. 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 Miami Beach
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| South Beach | Iconic Miami Beach neighborhood known for its Art Deco architecture and vibrant nightlife. Prime location for tourists seeking the quintessential Miami experience with direct beach access and endless entertainment options. | Art Deco Historic District, Ocean Drive, Lummus Park Beach, Lincoln Road Mall, Española Way, Miami Beach Boardwalk |
| Brickell | Miami's modern financial district with luxury high-rises and upscale amenities. Popular with business travelers and those seeking an urban luxury experience with easy access to downtown. | Brickell City Centre, Mary Brickell Village, Miami River restaurants, Brickell Key, Simpson Park |
| Wynwood | Trendy arts district known for its colorful murals and hipster culture. Attracts young professionals and creative types looking for a unique, cultural experience. | Wynwood Walls, art galleries, craft breweries, Wynwood Art Walk, trendy restaurants and bars |
| Mid-Beach | A quieter alternative to South Beach with a mix of luxury hotels, condos, and beach access. Ideal for families and those looking for a more relaxed experience. | Faena District, Miami Beach Convention Center, New World Center, Collins Avenue, restaurants and beachfront parks |
| North Beach | Less crowded and more residential than the southern parts of Miami Beach, North Beach offers a relaxed atmosphere with a local vibe. | North Beach Bandshell, Oleta River State Park, historic sites, family-friendly beaches, casual dining options |
| Miami Beach Boardwalk | A scenic area along the beach great for walking and biking, attracting fitness enthusiasts and those who enjoy outdoor activities. | Miami Beach Boardwalk, beaches, outdoor cafes, surfers, beachfront parks |
| Sunny Isles Beach | Known for its beautiful beaches and family-friendly atmosphere, Sunny Isles Beach is ideal for those looking for a more suburban vibe close to the ocean. | Sunny Isles Beach, Oleta River State Park, restaurants along Collins Avenue, Pier Park |
| Bal Harbour | An upscale destination known for its luxury shopping and quiet beaches, appealing to affluent travelers seeking high-end accommodations. | Bal Harbour Shops, Bal Harbour Beach, Haulover Park, fine dining options |
Do you need a license for Airbnb in Miami Beach?
Yes, Miami Beach requires a license for operating an Airbnb. Current market data shows 70% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Miami Beach
Ultra Luxe 2/2.5 + Den Penthouse at 1 Hotel
Entire Place • 2 bedrooms
Luxurious 2/2 at 1 Hotel & Homes South Beach
Entire Place • 2 bedrooms
Luxurious 2/2 Direct Ocean at 1 Hotel & Homes
Entire Place • 2 bedrooms
Luxurious 3/3 Direct Ocean at 1 Hotel South Beach
Entire Place • 3 bedrooms
Oceanview Private Condo at 1 Hotel & Homes -0904
Entire Place • 3 bedrooms
Luxurious 3/3 Direct Ocean and 1 Hotel & Homes
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Miami Beach
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Luxury Rentals Miami Beach | 59 | $10,190,787 | 697 | 3.85/5.0 |
| Five Star | 26 | $8,195,277 | 625 | 4.80/5.0 |
| Eytan & Ygal | 67 | $5,108,752 | 5260 | 4.34/5.0 |
| MAK Properties | 59 | $5,097,164 | 3618 | 4.83/5.0 |
| Private Residences | 70 | $4,141,713 | 3785 | 4.68/5.0 |
| Mark | 34 | $3,343,556 | 2853 | 4.83/5.0 |
| Jordan | 21 | $3,045,897 | 318 | 4.68/5.0 |
| Irina | 54 | $2,854,703 | 2960 | 4.43/5.0 |
| Melissa | 89 | $2,825,063 | 2074 | 3.86/5.0 |
| Boutique Apartments | 115 | $2,664,969 | 1194 | 3.42/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Miami Beach
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 (88%), with apartment & condo and boutique & hotels properties comprising 98.4% of inventory
- Untapped potential in house segments (1.5% combined)
Room Capacity Distribution
Analysis of 3,849 properties in Miami Beach shows that 1 bedroom properties are most prevalent, making up 50.3% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 71.0% of all listings.
Key Insights
- Most common: 1 bedroom (50.3%)
- Least common: 5+ bedrooms (0.9%)
- Market concentration: 71.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 3,849 properties in Miami Beach reveals that 4 guests properties dominate the market, representing 37.8% of all listings. The average property accommodates 4.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 52.8% of the market.
Key Insights
- Most common capacity: 4 guests (37.8% of market)
- Least common capacity: 1 guest (0.2% of market)
- Average guest capacity: 4.3 guests per property
- Market concentration: 52.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 3,849 properties in Miami Beach, the most common availability pattern is 271-366 days (36.9% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (27.4% of properties).
Key Insights
- Most common availability window: 271-366 days (36.9%)
- Most common booking duration: 91-180 days (27.4%)
- Properties with high availability (180+ days): 64.2%
- Properties with long-term bookings (180+ days): 37.3%
Minimum Stay Distributions
1 Night
1391 listings
40.9% of total
2 Nights
554 listings
16.3% of total
3 Nights
425 listings
12.5% of total
4-6 Nights
388 listings
11.4% of total
7-29 Nights
153 listings
4.5% of total
30+ Nights
487 listings
14.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 57.2%
- Mid-length stays (4-6 nights) represent 11.4% of listings
- Monthly+ stays (14.3%) suggest a stable extended-stay market
- High market flexibility with 69.7% 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 60 Days
30 listings
1% of total
Super Strict 30 Days
99 listings
3.3% of total
Flexible
407 listings
13.4% of total
Moderate
684 listings
22.5% of total
Firm
545 listings
17.9% of total
Strict
1276 listings
42% of total
Key Insights
- Strict is the preferred policy at 42.0% of listings
- The market shows a balanced distribution between guest-friendly (35.9%) and strict (59.9%) policies
- Strong market consensus around Strict policies
- Super Strict 60 Days policies are least common at 1.0% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Mar, May, Feb, averaging 55 days
- Shortest booking windows are in Jul, Aug, Sep, averaging 38 days
- Spring shows the longest average booking window at 54 days, while Summer has the shortest at 41 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 54 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Jul-Sep when lead times are shortest
Popular Airbnb Amenities in Miami Beach
Below is the distribution of amenities across listings in Miami Beach:
Traveler Demographics
Key Insights
- Domestic travelers make up 70.3% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (6.8%) and Argentina (3.3%)
- English is the top language at 61.5%, followed by Spanish (23.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.1%
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 Miami Beach. 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% |
| Key Biscayne | 118 | $4,902 | $419.58 | 49% |
| Plantation | 119 | $4,631 | $356.02 | 46% |
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