Miami Beach, FL Airbnb Market Data: Revenue, Occupancy & ADR

The investment landscape splits along product lines and geography. Three-bedroom properties (218 listings) are a standout, averaging $119,075 in annual revenue with a $542 ADR and 54% occupancy—well above the market baseline. Four-bedroom homes (93 listings) push even higher, averaging $170,914 in revenue and commanding a $787 ADR, though occupancy dips to 44%. These larger homes, while a minority of supply, capture the high-ticket group and luxury segment, especially in prime, legally zoned districts. For investors seeking scale or portfolio diversification, the 2BR segment (821 listings) offers a balanced profile: $65,536 annual revenue, $349 ADR, and 54% occupancy, mirroring the market’s full-time average. For tailored acquisition strategies, connect with a Chalet agent to navigate both product fit and zoning compliance.

Geographically, the 33140 zip code (1,029 listings) leads on median annual revenue at $67,404, with a $282 ADR and 59% occupancy. Yields here are 10.1% against a $667,790 median home value, reflecting a premium product mix and access to legal STR zones. The 33139 cluster (1,458 listings) is more accessible, with a 13.3% yield, $60,176 median revenue, and $206 ADR, underpinned by a lower $453,949 median home value—making it a pragmatic entry point for yield-focused investors. Meanwhile, 33141 offers a 12.9% yield at a $411,685 home value, but with a lower $52,906 median revenue and 53% occupancy. Each of these clusters reflects both the regulatory patchwork and the divergent economics across Miami Beach’s neighborhoods—details best navigated with local expertise from a Chalet agent.

At scale, Miami Beach rewards professional operators who can secure legal inventory in permitted zones and deliver consistently high guest experience. The market’s demand is both global and domestic: 25.3% of guests are international, with New York, Miami, Chicago, Atlanta, Los Angeles, and Boston comprising the top U.S. origin markets. Booking behavior skews toward a 38-day average lead time and a 3.9-night stay, supporting both short and medium-term rental strategies. The market’s structure—top-10 hosts control 14.6% of supply—favors those with operational sophistication and compliance infrastructure. For scenario modeling and acquisition underwriting, leverage the Chalet ROI calculator to stress-test assumptions against Miami Beach’s unique regulatory and seasonal volatility.

Risks are concentrated and material. Year-over-year, revenue per listing surged +37.5%, occupancy climbed +9.9%, and ADR rose +19.7%, while listing supply edged up just +0.5%. However, median home values declined -4.5% over the same period, underscoring the importance of disciplined entry pricing. The September trough—$2,747 revenue, 41% occupancy—demands robust liquidity and expense management. Most critically, Miami Beach’s regulatory regime is among the nation’s most restrictive: STRs are only legal in specifically zoned districts, require multiple licenses, and face a 17% total lodging tax and aggressive enforcement. Noncompliance carries steep penalties and the city’s enforcement climate is unambiguously strict—review Miami Beach STR regulations before any acquisition.