Miami, FL Short-Term Rental ROI Calculator
Analyze your Airbnb investment with live Miami market data. Pre-populated with real ADR, occupancy, and revenue benchmarks.
Investor Quick Take
Strengths
- Solid occupancy — 62% market average
- Premium ADR — $267/night average
- High revenue potential — $61K+ avg/yr
Risks
- Moderate seasonality — plan for slower months
- Moderate regulation — registration or permit required
Solid Market
Based on ADR, occupancy, and supply metrics
Miami properties generate above-average revenue with $61K in annual income potential.
We've pre-populated this calculator with Miami's market averages. Adjust the values to match your specific property.
Miami Short-Term Rental Market Overview
Miami draws consistent STR demand from business travelers, event tourism, and weekend visitors. As Florida's major urban center, the city generates year-round occupancy that insulates investors from the seasonal volatility common in resort markets.
The average STR in Miami generates approximately $60,500 in annual revenue, with an average daily rate of $267 and a 62% occupancy rate across the year. These metrics position Miami among the higher-performing US STR markets — particularly attractive to investors seeking consistent year-round cash flow.
Active listings in Miami grew by 9% year-over-year, currently sitting at approximately 12,400 active STR units. This moderate growth rate suggests a market finding equilibrium between supply and demand, which typically supports stable occupancy and ADR. Investors should track supply trends quarterly using tools like AirDNA or Rabbu before committing capital.
Key considerations for Miami investors: regulatory risk is rated moderate — Miami requires registration or permits for STR operators. Compliance is manageable but adds time and cost to the investment process. Property management costs, cleaning turnover for short stays, and platform fee optimization are the primary levers operators use to improve net margin in this market.
Market Metrics
Miami Airbnb Revenue by Property Size
| Property Size | Avg ADR | Avg Occupancy | Avg Annual Revenue | Est. Cap Rate Range |
|---|---|---|---|---|
| Studio | $147 | 62% | $33K | 2.3–3.1% |
| 1BR | $203 | 62% | $46K | 3.1–4.2% |
| 2BR | $294 | 62% | $70K | 4.7–6.4% |
| 3BR | $387 | 62% | $94K | 6.4–8.7% |
| 4BR+ | $534 | 62% | $127K | 8.7–11.7% |
Miami STR Revenue Calendar
Seasonal Insight: Peak season runs October, April, and May. Expect up to 15% higher revenue during peak months. Plan for January and December as your slowest period — approximately 20% below the annual average.
Is Miami a Good Market for Short-Term Rentals?
Why investors choose Miami
- ✓High revenue ceiling: top-performing properties average $85K+ annually
- ✓Strong occupancy: 62% market average leaves limited dead inventory risk
- ✓Year-round demand: Miami's diverse visitor base prevents the seasonal cliffs common in resort markets
- ✓Growing market: 9% annual listing growth signals strong investor and visitor confidence
Key risks to consider
- !Permit requirements: Miami requires STR registration — add compliance costs and timeline to your underwriting
Miami STR Regulatory Overview
ModerateMiami requires STR registration and restricts operations in single-family residential zones. Enforcement has increased in recent years, particularly in neighborhoods near South Beach.
Key Requirements
- ·Business tax receipt required
- ·Zoning restrictions in single-family areas
- ·Miami-Dade tourist tax collection
- ·Noise and occupancy restrictions
Source: City of Miami Planning Department · Last verified: 2026-01. Regulations change frequently — always verify current requirements with local authorities before investing.
Compare Miami to Similar Markets
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| Metric | Miami | Nashville | Gatlinburg | Pigeon Forge |
|---|---|---|---|---|
| ADR | $267 | $189 | $224 | $195 |
| Occupancy | 62% | 61% | 69% | 72% |
| Avg Revenue | $61K | $42K | $56K | $51K |
| Median Home Value | $685K | $465K | $385K | $355K |
| Regulatory Risk | Moderate | Moderate | Low | Low |
Miami Short-Term Rental FAQs
Is Miami a good market for short-term rentals?+
Miami, FL is one of the stronger US STR markets. With an average daily rate of $267 and 62% occupancy, the average listing earns approximately $60,500 per year. Market performance varies significantly by property type, location within the city, and management quality — this calculator helps you model your specific scenario.
What is the average Airbnb income in Miami?+
The average STR listing in Miami generates approximately $60,500 in gross annual revenue at a $267 average daily rate and 62% occupancy. Top-performing listings with premium amenities, strong reviews, and professional management can earn 30–50% above the market average. After platform fees (3–5%), cleaning costs, and other expenses, net revenue typically ranges 60–75% of gross.
What occupancy rate can I expect for an Airbnb in Miami?+
The market-average occupancy in Miami is approximately 62%. New listings typically underperform the market average for the first 3–6 months while accumulating reviews. Properties with professional photography, competitive pricing, and consistently high ratings can reach 74–80% occupancy. This market is moderately seasonal — consistent occupancy is achievable year-round with good pricing strategy.
What are the STR regulations in Miami?+
Regulatory risk in Miami is rated Moderate. Miami requires STR operators to register and/or obtain permits. The process is manageable but adds cost and lead time. Check with local authorities for current requirements. Regulations change frequently; always confirm current rules with local authorities.
What type of property performs best as an Airbnb in Miami?+
In Miami, the highest-performing STR properties are typically 1–2 bedroom apartments and condos near downtown. Guests in urban markets prioritize location, walkability, and modern amenities. The most efficient segment by revenue-per-dollar-invested is typically the 2-bedroom category.
What is the best season for Airbnb in Miami?+
Miami sees peak STR demand during spring (March–May) and fall (September–October). During peak season, top properties can command rates 15% above their annual average. Demand remains relatively stable throughout the year, with only moderate seasonal variation.
How much does it cost to buy an STR investment property in Miami?+
The median home value in Miami is approximately $685,000. With a 20% down payment, you'd invest roughly $158K in cash (including closing costs and setup). At the market-average revenue of $60,500/year, a property at median value would generate a gross revenue yield of approximately 8.8%. Use this calculator to model your specific purchase price, financing terms, and expense assumptions.
How does Miami compare to other STR markets?+
Miami performs above the national average for STR revenue. The $267 ADR is above the national STR average of roughly $185. For comparison, markets like Aspen and Malibu exceed $450 ADR but require significantly higher acquisition costs. Miami offers a strong combination of revenue potential and market accessibility.
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