Written by: Ashley Durmo
Introduction
Miami, Florida, is renowned for its vibrant nightlife, beautiful beaches, and diverse cultural attractions, making it a prime destination for short-term rental investments. The city offers unique opportunities for investors across a range of neighborhoods and ZIP codes. Below is a detailed analysis of the best-performing ZIP codes in Miami based on gross yield, annual revenue, full-time listings, and Zillow home values.
33179 – Suburban Convenience
- Gross Yield: 13%
- Annual Revenue: $37,980
- Zillow Home Value: $291.3K
Situated in North Miami, ZIP code 33179 is a suburban area that combines accessibility with affordability. With a gross yield of 13% and annual revenue of $37,980, it offers stable returns for investors. This area is popular among families and professionals looking for short-term rental options close to Aventura and the beaches without the higher price tag of coastal properties.
33173 – Balanced Opportunity
- Gross Yield: 10%
- Annual Revenue: $56,409
- Zillow Home Value: $572.5K
ZIP code 33173 is located in Kendall, a family-friendly area known for its parks and shopping centers. With a gross yield of 10% and the highest annual revenue on this list at $56,409, this ZIP code is ideal for investors targeting long-term stays or group travel. The higher Zillow home value of $572.5K reflects the area’s appeal and amenities, making it a strong option for mid- to high-end short-term rental properties.
