Florida · County intelligence

Miami-Dade County vacation rental market

7 tracked short-term rental markets sit inside Miami-Dade County. Across them, nightly rates model at $287 and occupancy at 64%, for roughly $67,814 of gross annual revenue on a three-bedroom home.

Modelled estimate

Markets in Miami-Dade County

#MarketModelled annual revenueNightly rateOccupancyPeak season
1Miami Beach, FLMiami-Dade County$93,300$36570%Jun–Jul–Aug
2Key Biscayne, FLMiami-Dade County$88,700$39262%Jun–Jul–Aug
3Sunny Isles Beach, FLMiami-Dade County$70,700$29865%Jun–Jul–Aug
4Miami, FLMiami-Dade County$70,000$28268%Apr–May–Jun
5Coral Gables, FLMiami-Dade County$61,900$26564%Apr–May–Jun
6Doral, FLMiami-Dade County$51,600$22862%Apr–May–Jun
7Homestead, FLMiami-Dade County$38,500$18258%Apr–May–Jun

Why the county matters

Short-term rental rules in Miami-Dade County rarely sit in one place. A home inside an incorporated city usually answers to that city's ordinance, while a home in unincorporated Miami-Dade County answers to the county — often with different licence, inspection and minimum-stay requirements. County-level tourist development tax normally applies either way, on top of state sales tax.

Before buying, confirm two things: which jurisdiction the parcel actually sits in, and whether that jurisdiction caps or zones short-term rentals.

Rule status by market

We have not yet verified an official Miami-Dade County ordinance against a primary source, so no rule position is stated here. Always confirm with the county before committing.

Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers.

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