Miami Beach, Florida, is a vibrant and bustling coastal city known for its beautiful beaches, vibrant nightlife, and luxurious lifestyle. With its popularity as a tourist destination, the short-term rental market in Miami Beach has experienced significant growth in recent years.
In this guide, we will delve into the key statistics and trends that characterize this market and explore the factors that make it an attractive investment opportunity for Airbnb rentals.
Market Overview
To understand the dynamics of the short-term rental market in Miami Beach, let’s delve into some key statistics and figures.
Supply
The most popular homes are 1-bedroom homes, comprising 33.04% of inventory. This is followed by 2 and 3-bedroom homes at 23.74% and 15.43% of the total inventory, respectively.
Homes Appreciation
AS of July 2025, according to Zillow, homes in Miami Beach experienced an appreciation of -2.53%. This data indicates a significant increase in property values.
Median Home Value
As of January of 2025, Homes in Miami Beach have appreciated by -2.53%. The median home value in Miami Beach is $514,000 as reported by Zillow. This figure highlights the city’s robust real estate market and the potential for long-term property appreciation.
Active Short Term Rentals
AS of July 2025, Miami Beach boasts a significant Airbnb rental market, with approximately 4,619 active rentals. This abundance of available properties provides ample opportunities for investors and homeowners looking to capitalize on the tourism demand.
Average Daily Rate
The median ADR for the market is $326. The Average Daily Rate is the highest for 5-bedroom homes ($637) followed by 4-bedrooms and 3 bedrooms at $608 and $546 respectively.
Occupancy Rate
Chalet data reveals an occupancy rate of 56% for Airbnb rentals in Miami Beach. This high demand ensures a consistent stream of income for property owners and investors.
How Profitable is Airbnb in Miami Beach ?
AS of July 2025, the average gross yield, which represents the annual income generated by a property as a percentage of its value, is 11.11% in Miami Beach. This figure suggests that short-term rentals in the city offer a favorable return on investment. Miami Beach is ranked #51 by return on investment on Airbnb rentals in the United States.
Top Places for Airbnb in Miami Beach
Miami Beach top submarkets for Airbnb investments include areas like ZIP code 33139, which has the highest gross yield at 8% and an annual revenue of $36,690.
Annual Revenue
According to Chalet, short-term rentals in Miami Beach earn an average of $39,703 annually, highlighting the strong investment potential in the city’s market. You can evaluate your properties using our free Airbnb calculator.
Property Tax
According to SmartAsset, the average property tax in Miami Beach is 0.89%. This relatively moderate tax rate is an important consideration for those looking to invest in short-term rental properties.
