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Miami is an international destination known for its beaches, nightlife, art, and culture. Connect with realtors who specialize in Miami vacation rental investments.
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Why Invest in Miami STRs?
Miami is a world-class destination with year-round appeal
International Gateway
Miami attracts visitors from around the world, especially Latin America and Europe, creating diverse and consistent rental demand.
Premium Nightly Rates
South Beach and waterfront properties command some of the highest nightly rates in Florida, especially during Art Basel and winter season.
Strong Appreciation
Miami real estate has shown consistent long-term appreciation, driven by limited land, international investment, and population growth.
Year-Round Events
Art Basel, Ultra Music Festival, Miami Swim Week, and major sports events drive premium bookings throughout the year.
What a Miami STR Expert Brings
Local knowledge that makes the difference
- Condo STR Expertise - Understand which buildings allow short-term rentals, condo association rules, and rental restrictions
- Revenue Projections - Accurate income estimates based on actual Miami market data and seasonal patterns
- Neighborhood Analysis - Know which areas from South Beach to Wynwood to Brickell perform best for different guest types
- Local Vendor Network - Connections to bilingual property managers, cleaners, and maintenance pros familiar with luxury properties
- Regulatory Guidance - Navigate Miami-Dade County permits, city of Miami Beach rules, and Florida STR requirements
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Get Matched FreeFrequently Asked Questions
Common questions about STR investing in Miami
Are short-term rentals legal in Miami Beach?
Miami Beach has strict STR regulations. Rentals under 6 months are only permitted in designated resort areas and specific condo buildings with grandfathered rights. Single-family homes in most residential zones cannot operate as STRs. However, Miami Beach condos in approved buildings can be extremely profitable. Our matched agents know which buildings allow STRs and have strong rental histories. Read our complete Miami STR Regulations Guide for details on compliance.
What ROI can I expect from a Miami vacation rental?
Miami STR properties average $325/night with 70% occupancy, generating $83,000+ in annual gross revenue. South Beach and oceanfront properties command premium rates, especially during Art Basel (December), Ultra Music Festival (March), and winter season. While entry prices are higher than other Florida markets, the international tourist appeal creates strong year-round demand and appreciation potential.
What are the best Miami neighborhoods for STR investment?
Top Miami STR areas include South Beach (luxury condos with beach access), Brickell (business and nightlife appeal), Wynwood (art district draws younger travelers), Miami Beach proper (tourist-friendly with waterfront access), and Edgewater (waterfront condos with city views). Each area attracts different guest demographics and has varying regulatory requirements.
What licensing is required for Miami STR properties?
Miami-Dade County requires a resort tax registration (6% county resort tax plus 7% state sales tax), Florida DBPR vacation rental license, and local Certificate of Use. Miami Beach has additional registration requirements and penalties for unlicensed rentals. Many condo buildings require owner registration and have their own rental policies. Compliance is strictly enforced with significant fines for violations.
How do major Miami events impact STR revenue?
Miami hosts major events throughout the year that drive premium STR rates. Art Basel (December) can see rates 3-4x normal. Ultra Music Festival and Miami Music Week (March) fill properties at peak rates. Winter season (November-April) brings snowbirds and international tourists. Miami Swim Week (July) and boat shows create additional peak periods. Strategic pricing during these events significantly boosts annual returns.
Nearby Florida STR Markets
Our agents also cover these popular Florida destinations