Key Biscayne, FL · Occupancy & ADR
Key Biscayne occupancy rate and average daily rate
A well-run Key Biscayne short-term rental models at 62% occupancy — about 226 booked nights a year — at an average daily rate of $392. That works out to $243 of revenue per available night.
Occupancy
62%
226 nights booked
Average daily rate
$392
Revenue per available night
$243
ADR × occupancy
Typical stay length
4.2 nights
≈ 54 turnovers a year
Rate versus nights booked
In Key Biscayne the two levers move against each other. Modelled outcomes at three pricing positions:
| Pricing position | Nightly rate | Occupancy | Nights | Gross revenue |
|---|---|---|---|---|
| Price 10% under the market | $353 | 69% | 253 | $89,470 |
| Market pricing | $392 | 62% | 226 | $88,710 |
| Price 10% over the market | $431 | 55% | 199 | $85,831 |
The trade-off uses a modelled price elasticity: a 10% price move shifts occupancy by roughly 12% in the opposite direction. Real elasticity varies by property and by season — treat this as a way to frame the decision, not a forecast.
Occupancy by month
| Month | Modelled occupancy | Modelled ADR |
|---|---|---|
| Jan | 47% | $321 |
| Feb | 50% | $333 |
| Mar | 60% | $380 |
| Apr | 64% | $404 |
| May | 69% | $427 |
| Jun | 77% | $463 |
| Jul | 82% | $486 |
| Aug | 79% | $474 |
| Sep | 64% | $404 |
| Oct | 55% | $357 |
| Nov | 50% | $333 |
| Dec | 47% | $321 |
Compare Key Biscayne with nearby markets
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