Miami Beach, FL · Occupancy & ADR
Miami Beach occupancy rate and average daily rate
A well-run Miami Beach short-term rental models at 70% occupancy — about 255 booked nights a year — at an average daily rate of $365. That works out to $255 of revenue per available night.
Occupancy
70%
255 nights booked
Average daily rate
$365
Revenue per available night
$255
ADR × occupancy
Typical stay length
4.2 nights
≈ 61 turnovers a year
Rate versus nights booked
In Miami Beach 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 | $329 | 78% | 286 | $94,147 |
| Market pricing | $365 | 70% | 255 | $93,258 |
| Price 10% over the market | $402 | 62% | 225 | $90,386 |
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 | 53% | $299 |
| Feb | 56% | $310 |
| Mar | 67% | $354 |
| Apr | 73% | $376 |
| May | 78% | $398 |
| Jun | 87% | $431 |
| Jul | 92% | $453 |
| Aug | 90% | $442 |
| Sep | 73% | $376 |
| Oct | 62% | $332 |
| Nov | 56% | $310 |
| Dec | 53% | $299 |
Compare Miami Beach with nearby markets
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