Palmetto Bay Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Florida, United States

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Palmetto Bay in 2025? Explore comprehensive Airbnb analytics for Palmetto Bay, Florida, United States to uncover income potential. This 2025 STR market report for Palmetto Bay, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 26 active listings.

Whether you're considering an Airbnb investment in Palmetto Bay, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Palmetto Bay Airbnb data is crucial. Understanding the local regulations is key to maximizing your short term rental income potential. Let's dive into the specifics.

Key Palmetto Bay Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$441
The average rental revenue earned for an occupied room per day in Palmetto Bay.
Occupancy Rate(?)
40.7%
Moderate demand with booking opportunities.
Median Annual Revenue(?)
$36,906
Typical annual income for an Airbnb listing in Palmetto Bay. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
-7.2%
Slight decrease (-7.2%) vs. last year.
Peak Revenue Month(?)
March
The month with the highest average earnings, indicating peak season in Palmetto Bay.
Lowest Revenue Month(?)
November
The month with the lowest average earnings, indicating the low season in Palmetto Bay.
STR Regulation Level(?)
Moderate
Regulation details vary. Check local government sources.
Active Airbnb Listings(?)
26
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Palmetto Bay (2025)

Understanding the monthly revenue variations for Airbnb listings in Palmetto Bay is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Palmetto Bay is typically March, while November often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Palmetto Bay across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $12,120+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $6,818 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $2,705 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $1,359, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Palmetto Bay

Palmetto Bay Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Palmetto Bay STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Aprilsees the highest demand (peak season occupancy), while November experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Palmetto Bay:

  • Best-in-class properties (Top 10%) achieve 80%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 68% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 39%.
  • Entry-level properties (Bottom 25%) average 20% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Palmetto Bay

Average Daily Rate (ADR) Airbnb Trends in Palmetto Bay (2025)

Effective short term rental pricing strategy in Palmetto Bay involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Palmetto Bay typically peaks in December and dips lowest during September. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:

  • Best-in-class properties (Top 10%) command rates of $840+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $476 or more.
  • Typical properties (Median) charge around $145 per night.
  • Entry-level properties (Bottom 25%) earn around $86 per night.

Average Daily Rate (ADR) Trend by Month in Palmetto Bay

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Airbnb Seasonality Analysis & Trends in Palmetto Bay (2025)

Peak Season (March, February, December)
  • Revenue averages $6,031 per month
  • Occupancy rates average 44.0%
  • Daily rates average $456
Shoulder Season
  • Revenue averages $4,830 per month
  • Occupancy maintains around 46.2%
  • Daily rates hold near $358
Low Season (September, October, November)
  • Revenue drops to average $3,932 per month
  • Occupancy decreases to average 39.9%
  • Daily rates adjust to average $367

Seasonality Insights for Palmetto Bay

  • The Airbnb seasonality in Palmetto Bay shows moderate seasonality with distinct peak and low periods. While the sections above show seasonal averages, it's also insightful to look at the extremes:
  • During the high season, the absolute peak month showcases Palmetto Bay's highest earning potential, with monthly revenues capable of climbing to $6,115, occupancy reaching a high of 52.6%, and ADRs peaking at $487.
  • Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $3,622, occupancy could drop to 38.2%, and ADRs may adjust down to $325.
  • Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Palmetto Bay.

Seasonal Strategies for Maximizing Profit

  • Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
  • Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
  • Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
  • Regularly analyze your own performance against these Palmetto Bay seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Palmetto Bay (2025)

Exploring the top neighborhoods for short-term rentals in Palmetto Bay? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.

Neighborhood / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Pinecrest
Adjacent to Palmetto Bay, Pinecrest offers a suburban feel with upscale homes and excellent schools, making it attractive for families and long-term renters.
Pinecrest Gardens, Coral Reef Park, Deering Estate, The Pinecrest Tennis Center
Coconut Grove
Coconut Grove is a bohemian neighborhood known for its lush greenery and vibrant culture. It's popular among travelers seeking a lively atmosphere with outdoor cafes and boutiques.
Coconut Grove's waterfront, Vizcaya Museum and Gardens, CocoWalk, Barnacle Historic State Park
Coral Gables
Known for its Mediterranean Revival architecture and beautiful tree-lined streets, Coral Gables attracts tourists and business travelers alike, providing a mix of culture and luxury.
Miracle Mile, Venetian Pool, Coral Gables Museum, Fairchild Tropical Botanic Garden
South Miami
South Miami has a charming downtown area and a variety of dining options, appealing to both visitors and locals. It's a strategic location close to key attractions and easy access to transit.
The Shops at Sunset Place, South Miami Park, Red Road Commons
Key Biscayne
Key Biscayne is a peaceful island community with beautiful beaches and parks, ideal for tourists looking for a relaxing getaway while still being close to Miami.
Crandon Park, Bill Baggs Cape Florida State Park, Key Biscayne Beach
Miami Shores
This quiet residential neighborhood offers a suburban feel with a mix of older and modern homes, making it appealing to visitors looking for a laid-back atmosphere near urban attractions.
Miami Shores Country Club, Biscayne Shoreline Park
West Kendall
A growing area with a mix of residential communities and commercial developments, West Kendall is attractive for families and individuals looking for affordable stays.
Miami-Dade County Public Library, Big Catch at Old Cutz, West Kendall Baptist Hospital
Royal Palm Estates
A secluded and quaint area, Royal Palm Estates offers a homey feel and proximity to the natural attractions in the nearby Everglades, appealing to nature lovers and tourists seeking tranquility.
Everglades National Park, Local parks and nature trails

Understanding Airbnb License Requirements & STR Laws in Palmetto Bay (2025)

With 23% of listings showing registration in 2025, understanding potential Airbnb license requirements is crucial in Palmetto Bay. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Palmetto Bay to ensure full compliance before hosting.

(Source: AirROI data, 2025, based on 23% licensed listings)

Top Performing Airbnb Properties in Palmetto Bay (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Palmetto Baybased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

MIAMI 10 BR+GYM +Jacuzzi, Pool, Games, BB Court

MIAMI 10 BR+GYM +Jacuzzi, Pool, Games, BB Court

Entire Place • 10 bedrooms

$254,539
Revenue
63.5%
Occupancy
$1085.39
Daily Rate
Hamilton House Tropical Oasis in Miami-Heated Pool

Hamilton House Tropical Oasis in Miami-Heated Pool

Entire Place • 6 bedrooms

$145,656
Revenue
51.0%
Occupancy
$771.22
Daily Rate
Palmetto Bay Getaway Near Beaches & Zoo Miami

Palmetto Bay Getaway Near Beaches & Zoo Miami

Entire Place • 4 bedrooms

$86,368
Revenue
35.5%
Occupancy
$250.64
Daily Rate
Villa Picasso in an up-scale neighborhood

Villa Picasso in an up-scale neighborhood

Entire Place • 3 bedrooms

$75,750
Revenue
33.6%
Occupancy
$463.29
Daily Rate
Thallata Vista | Modern Ranch Home

Thallata Vista | Modern Ranch Home

Entire Place • 4 bedrooms

$47,519
Revenue
39.3%
Occupancy
$502.03
Daily Rate
Tropical Miami Waterfront

Tropical Miami Waterfront

Entire Place • 4 bedrooms

$44,791
Revenue
30.9%
Occupancy
$539.24
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Palmetto Bay (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Palmetto Bay based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Nani1$254,5391054.95/5.0
Eddy1$145,6561904.89/5.0
Evolve1$86,368174.82/5.0
Eleni1$75,750254.84/5.0
Alejandro1$47,51964.50/5.0
Rafael2$47,4714934.87/5.0
Tracy4$47,3201394.89/5.0
Mike1$44,79155.00/5.0
Tatiana1$44,7791234.93/5.0
Marina1$39,328404.90/5.0

Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Palmetto Bay.

Dive Deeper: Advanced Palmetto Bay STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Palmetto Bay. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Palmetto Bay Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Palmetto Bay

  • The Palmetto Bay Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 84.6% of the 26 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Palmetto Bay, House properties are the most common (57.7%), reflecting the local real estate landscape.
  • Houses represent a significant 57.7% portion, catering likely to families or larger groups.
  • Smaller segments like hotel/boutique (combined 3.8%) offer potential for unique stay experiences.

Palmetto Bay Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Palmetto Bay

  • The dominant room capacity in Palmetto Bay is 1 bedroom listings, making up 23.1% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 5+ bedrooms properties represent 42.3% of the active Airbnb listings in Palmetto Bay, indicating a high concentration in these sizes.
  • A significant 46.1% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Palmetto Bay.

Palmetto Bay Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Palmetto Bay

  • The most common guest capacity trend in Palmetto Bay vacation rentals is listings accommodating 8+ guests (38.5%). This suggests the primary traveler segment is likely larger groups.
  • Properties designed for 8+ guests and 2 guests dominate the Palmetto Bay STR market, accounting for 53.9% of listings.
  • 46.1% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Palmetto Bay.
  • On average, properties in Palmetto Bay are equipped to host 5.0 guests.

Palmetto Bay Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Palmetto Bay

  • The most common availability pattern in Palmetto Bay falls within the 271-366 days range, representing 53.8% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 76.9% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 31-90 days range is most frequent in Palmetto Bay (34.6%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 23.1% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Palmetto Bay Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (26.1%)

1 Night

6 listings

26.1% of total

2 Nights (17.4%)

2 Nights

4 listings

17.4% of total

3 Nights (30.4%)

3 Nights

7 listings

30.4% of total

7-29 Nights (13%)

7-29 Nights

3 listings

13% of total

30+ Nights (13%)

30+ Nights

3 listings

13% of total

Key Insights

  • The most prevalent minimum stay requirement in Palmetto Bay is 3 Nights, adopted by 30.4% of listings. This highlights the market's preference for longer commitments.
  • A significant segment (13%) caters to monthly stays (30+ nights) in Palmetto Bay, pointing to opportunities in the extended-stay market.

Recommendations

  • Align with the market by considering a 3 Nights minimum stay, as 30.4% of Palmetto Bay hosts use this setting.
  • If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 26.1% currently do.
  • Explore offering discounts for stays of 30+ nights to attract the 13% of the market seeking extended stays.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Palmetto Bay.

Palmetto Bay Airbnb Cancellation Policy Trends Analysis (2025)

Flexible

1 listings

4.5% of total

Moderate (36.4%)

Moderate

8 listings

36.4% of total

Firm (22.7%)

Firm

5 listings

22.7% of total

Strict (36.4%)

Strict

8 listings

36.4% of total

Cancellation Policy Insights for Palmetto Bay

  • The prevailing Airbnb cancellation policy trend in Palmetto Bay is Moderate, used by 36.4% of listings.
  • A majority (59.1%) of hosts in Palmetto Bay utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.

Recommendations for Hosts

  • Consider adopting a Moderate policy to align with the 36.4% market standard in Palmetto Bay.
  • With 36.4% using Strict terms, this is a viable option in Palmetto Bay, particularly for high-value properties or during peak demand periods.
  • Regularly review your cancellation policy against competitors and market demand shifts in Palmetto Bay.

Palmetto Bay STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Palmetto Bay

  • The overall average booking lead time for vacation rentals in Palmetto Bay is 35 days.
  • Guests book furthest in advance for stays during February (average 61 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in November (average 31 days), indicating more last-minute travel plans during this time.
  • Seasonally, Spring (47 days avg.) sees the longest lead times, while Fall (35 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (35 days) as a baseline for your pricing and availability strategy in Palmetto Bay.
  • For February stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 61 days out to capitalize on advance planning.
  • Target marketing efforts for the Spring season well in advance (at least 47 days) to capture early planners.
  • Monitor your own booking lead times against these Palmetto Bay averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Palmetto Bay (2025)

Amenity Prevalence

Amenity Insights for Palmetto Bay

  • Essential amenities in Palmetto Bay that guests expect include: Kitchen, Wifi, TV, Air conditioning, Free parking on premises, Smoke alarm. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Iron, Hair dryer, Dishes and silverware are common but not universal. Offering these can provide a competitive edge.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Palmetto Bay: Kitchen, Wifi, TV, Air conditioning, Free parking on premises, Smoke alarm.
  • Prioritize adding missing essentials: Smoke alarm.
  • Consider adding popular differentiators like Iron or Hair dryer to increase appeal.
  • Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
  • Regularly check competitor amenities in Palmetto Bay to stay competitive.

Palmetto Bay Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Palmetto Bay

  • The typical guest profile for Airbnb in Palmetto Bay consists of primarily domestic travelers (83%), often arriving from nearby Miami, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
  • Domestic travelers account for 83.2% of guests.
  • Key international markets include United States (83.2%) and Germany (1.8%).
  • Top languages spoken are English (50.9%) followed by Spanish (29%).
  • A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.

Recommendations for Hosts

  • Target domestic marketing efforts towards travelers from Miami and Orlando.
  • Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
  • Highlight unique local experiences or amenities relevant to the primary guest profile.
  • Consider seasonal promotions aligned with peak travel times for key origin markets.

Nearby Short-Term Rental Market Comparison

How does the Palmetto Bay Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Bal Harbour Village34$10,239$815.4041%
Stock Island97$7,957$604.4545%
Key West1,077$6,530$575.6045%
Lake Clarke Shores28$6,493$448.2250%
North Bay Village110$5,989$519.5847%
Pinecrest12$5,369$626.9545%
Duck Key67$5,186$468.3241%
Lighthouse Point79$5,115$410.3847%
Cutler Bay69$4,680$288.6053%
Key Biscayne122$4,529$417.0547%

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