Last updated on August 17th, 2023
Where to invest in Miami? This article answers it with a bonus of WHEN is the time of the year to make the most out of your property!
Home > Resources > Airbnb Investment >
Where to invest in Miami? This article answers it with a bonus of WHEN is the time of the year to make the most out of your property!
- Last updated on
- August 17, 2023
If you’d like to know where to invest in Florida, why not consider investing in Miami? The city is known for its sunny weather and beach coasts that have been the set of blockbuster Hollywood movies. But is investing in Miami worth it? Short-term rental data analytics can definitely answer this.
You’ll learn the city’s best neighborhoods for Airbnb so you can bask in Miami heat knowing that you’ve made the right investment choice. Continue reading this blog to know more.
Is Miami a good place to buy a rental property?
Of course! Based on Airbtics Dashboard, Miami has 5,059 Airbnb listings with an average annual revenue of $27,972 and a 41% occupancy rate. Hosts owning three-bedroom properties can earn $38,880 yearly with a 34% occupancy rate. You’ll get this data by using Airbtics’ Advanced Filters.
You can also rest assured that your rental property is in a good economy–the best one in Florida. Miami also boasts a meager unemployment rate of 1.9%.
On the same page, you can see that the Miami Airbnb market has a low seasonality of 30%. This means that the short-term rental demand in the city is relatively stable, instead of experiencing fluctuations during peak and low seasons throughout the year.
Where to Invest in Miami for a Successful Airbnb?
Let rental analytics lead you to a profitable Miami Airbnb investment! Luckily for you, Airbtics’ Insights Tool is so easy to use. Simply type in “Miami” or any other city of your choice.
|
|||||
|---|---|---|---|---|---|
| Location | Number of Airbnb Listings | Best Number of Bedrooms | Median Property Price | Airbnb Annual Revenue | GRY |
| Wynwood | 314 | 4 Bedrooms | $1,357,500 | $184,937 | 13.62% |
| Little Haiti | 128 | 5 Bedrooms | $924,500 | $153,047 | 16.55% |
| Brickell | 165 | 1 Bedroom | $600,000 | $73,555 | 12.26% |
| Edgewater | 247 | Studio Unit | $340,000 | $35,015 | 10.30% |
| Coconut Grove | 414 | Studio Unit | $255,000 | $31,165 | 12.22% |
| Downtown | 1,518 | Studio Unit | $444,500 | $31,112 | 7% |
Airbnb Location
Airbnb Dataset
- Total Number of Airbnb Listings: 314
- Best Number of Bedrooms: 4 bedrooms
- Median Property Price: $1,357,500
- Airbnb Annual revenue: $184,937
- Gross Rental Yield: 13.62%
- Total Number of Airbnb Listings: 128
- Best Number of Bedrooms: 5 bedrooms
- Median Property Price: $924,500
- Airbnb Annual revenue: $153,047
- Gross Rental Yield: 16.55%
- Total Number of Airbnb Listings: 165
- Best Number of Bedrooms: 1 Bedroom
- Median Property Price: $600,000
- Airbnb Annual revenue: $73,555
- Gross Rental Yield: 12.26%
- Total Number of Airbnb Listings: 265
- Best Number of Bedrooms: Studio Unit
- Median Property Price: $340,000
- Airbnb Annual revenue: $35,015
- Gross Rental Yield: 10.30%
- Total Number of Airbnb Listings: 414
- Best Number of Bedrooms: Studio Unit
- Median Property Price: $255,000
- Airbnb Annual revenue: $31,165
- Gross Rental Yield: 12.22%
- Total Number of Airbnb Listings: 1,518
- Best Number of Bedrooms: Studio Unit
- Median Property Price: $444,500
- Airbnb Annual revenue: $31,112
- Gross Rental Yield: 7%
Source: Airbtics Dashboard
Best Miami Airbnb Investment Found the Smart Way
Short-term rental data analytics has just led investors to their potential Airbnb markets in Miami by providing the most useful insights that will guide them toward financial freedom. Airbtics has shown us where to invest in Miami along with key Airbnb metrics such as revenue potential, best property size, and total number of short-term rental listings.
Wanna know the profitability of your dream investment property in other profitable US rental markets?? Why not check out free Airbnb profit estimator and see if it will fulfill your dreams!
Short-Term Rental Data
Short-Term Rental Data
-
Quick Links
Annual Airbnb Revenue in Plymouth, UK
Last updated on May 15th, 2024 Plymouth| Airbnb Market Data & Overview | UK Plymouth Airbnb Market Data & Overview UK Is it profitable to …
Annual Airbnb Revenue in Westwood california, USA
Last updated on May 27th, 2024 Westwood, California| Airbnb Market Data & Overview | USA Westwood, California Airbnb Market Data & Overview USA Is it …
Annual Airbnb Revenue in Alturas california, USA
Last updated on May 21st, 2024 Alturas, California| Airbnb Market Data & Overview | USA Alturas, California Airbnb Market Data & Overview USA Is it …
Annual Airbnb Revenue in Los angeles california, USA
Last updated on May 24th, 2024 Los Angeles, California| Airbnb Market Data & Overview | USA Los Angeles, California Airbnb Market Data & Overview USA …
A Guide to Calculate Yearly Airbnb Revenue on Airbtics – Airbtics Tutorial
Last updated on October 16th, 2024Calculating the yearly Airbnb revenue is crucial in the property investment industry to ensure financial success and minimize losses. One …
Best Places to Airbnb in Florida
Last updated on August 29th, 2023Best Places to Airbnb in Florida: Looking for the best profitable Airbnb areas in Florida? Check out the top cities …
