Miami Beach, Florida Short-Term Rental Market
Miami Beach STRs are legal only in set zones; Miami-Dade ADR $196, occupancy 51.3%, revenue $2,834 in September 2026.
Quick Answer: Miami Beach, Florida is an active short-term rental market. average occupancy in the Miami market area is 51%. average monthly revenue in the Miami market area is $2,834. average daily rate in the Miami market area is $196. the top operator in the Miami market area is Wehost with 505 listings. market score is 55/100 (grade C).
Market data reflects the Miami regional market, which includes Miami Beach. Regulations, taxes, and permit details below are specific to Miami Beach.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Miami Beach is a barrier-island city of 83,264 residents and the anchor of the Greater Miami and Miami Beach tourism market, which drew a record 28.2 million visitors in 2024 (20.1 million overnight and 8.1 million day-trippers), according to the Greater Miami Convention and Visitors Bureau. Short-term rentals are legal here only in designated zoning districts, so the location of a specific property matters more than any headline statistic. Performance figures on this page describe the Miami-Dade County STR market, which includes Miami Beach along with other nearby communities. Bedroom, channel and listing-type counts and top operators are tracked at a shared regional level rather than uniquely for Miami Beach, so this profile omits them.
As of September 2026, the Miami-Dade County STR market averaged an ADR of $196 and occupancy of 51.3%, producing average monthly revenue of $2,834 per listing. Year over year, ADR rose 10.2% and occupancy rose 1.7%, while average monthly revenue slipped 0.9%. Entire-place rentals averaged $207 per night, above the all-listings average, which is expected because the all-listings figure includes private and shared rooms. September is also the weakest month in the seasonal profile, so the current reading sits near the low end of the annual range rather than at a typical level.
Visitors come for the beaches, nightlife, the Art Deco district and events such as Art Basel and Miami Swim Week. The visitor base skews toward leisure, affluent and international travelers, especially from Latin America and Europe, with a convention segment supported by the Miami Beach Convention Center. International arrivals to the broader region rose 4% in 2024. Investors should treat the performance numbers as a regional benchmark and verify each address against the city’s STR zoning map before underwriting any purchase.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 62% |
| Feb | 71% |
| Mar | 71% |
| Apr | 58% |
| May | 59% |
| Jun | 58% |
| Jul | 61% |
| Aug | 56% |
| Sep | 52% |
| Oct | 57% |
| Nov | 58% |
| Dec | 64% |
Month-by-month nightly rates and revenue figures for Miami Beach are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Miami market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Miami market as a whole, which includes Miami Beach, so these counts are not Miami Beach-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Wehost | 505 | 6,443 | ★ 4.30 |
| 2 | Nomada Residences | 363 | 9,346 | ★ 4.75 |
| 3 | Miami Vacation Rentals | 353 | 19,593 | ★ 4.75 |
| 4 | Roami | 345 | 9,005 | ★ 4.59 |
| 5 | Stay Sol | 224 | 1,837 | ★ 4.19 |
What Kind of STR Should I Buy in Miami Beach?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Miami Beach are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 59.6% |
| vrbo | 6% |
| both | 34.4% |
Home Value Trends (Miami Beach)
Typical home values, median sale prices, and the 10-year price trend for Miami Beach are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Miami Beach — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Short-term rentals (stays under 6 months and 1 day) are permitted in Miami Beach, but only in designated zoning districts shown on the city’s STR zoning map. They are prohibited in most single-unit residential zones and many apartment zones. Enforcement severity is rated strict. Operators must verify that the property’s zone qualifies before listing, and condo or HOA buildings must themselves hold an approved Business Tax Receipt that allows STR use.
A permit is required: a Vacation/Short-Term Rental Business Tax Receipt (BTR), a Certificate of Use and a Resort Tax account, plus a Florida DBPR public lodging license. The permit renews annually. The BTR number and Resort Tax certificate number must be displayed in every listing or advertisement, and owners need an HOA letter dated within 60 days confirming the unit is eligible.
The local occupancy tax is 7% (a 4% city Resort Tax plus the 3% county Convention Development Tax). On top of that come Florida’s 6% transient rental tax and roughly 1% discretionary surtax, for about 14% combined. Neither owner occupancy nor primary residence is required.
The city issues cease-and-desist orders and can litigate. Older fines of $20,000 to $100,000 were struck down by Florida courts in 2019 and 2020 as exceeding state caps. Current penalties are $1,000 per day for a first offense and $5,000 per day for repeat offenses. Florida’s 2024 statewide preemption bill (SB 280) was vetoed, so local control remains.
Market Comparison
The Miami-Dade County STR market in September 2026 posted an ADR of $196 and occupancy of 51.3%. Part of that reading reflects timing, since September is the weakest month in the local seasonal profile, with occupancy of 52.4% and an ADR of $172.
The seasonal peaks tell a different story. In February and March, occupancy reaches 71.3%, and the March ADR is $255. Over the full seasonal cycle, monthly occupancy is at or above 55.6% in every month except September, at 52.4%. Luxury listings averaged $421 per night in September 2026, about 2.1 times the all-listings ADR of $196.
The regulatory picture also differs from many open markets. Miami Beach limits short-term rentals to designated zones and requires a BTR, Certificate of Use, Resort Tax account and state license, which restricts supply. Operator concentration is tracked at a shared regional level rather than uniquely for Miami Beach, so this profile omits the top operators.
Frequently Asked Questions About Miami Beach, Florida
Are short-term rentals legal in Miami Beach?
What is the average daily rate for Miami Beach Airbnb listings?
What is the occupancy rate in the Miami Beach area?
What taxes apply to short-term rentals in Miami Beach?
What are the penalties for operating an illegal STR in Miami Beach?
How much does a typical home cost in Miami Beach?
What are the best and worst months for Miami Beach short-term rentals?
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