“How much can my property make?” is the first question every Miami host asks — and the honest answer is: it depends on where it is, what it is, and how well it is run. This guide gives you realistic neighborhood-level numbers and shows why two identical apartments can earn wildly different amounts.
All figures below are estimates based on public short term rental market data (mid-2026) and are not a guarantee. For your property’s exact number, request a free analysis — we deliver it within 24 hours.
Average Revenue by Neighborhood
Rough annual gross revenue for a typical, decently-run 1-bedroom short term rental:
| Neighborhood | Est. ADR | Est. occupancy | Est. annual revenue (1BR) |
|---|---|---|---|
| South Beach | ~$285 | ~72% | ~$75k |
| Key Biscayne | ~$320 | ~62% | ~$72k |
| Sunny Isles | ~$260 | ~65% | ~$62k |
| Mid-Beach | ~$240 | ~68% | ~$60k |
| Brickell | ~$220 | ~70% | ~$56k |
| Coconut Grove | ~$210 | ~66% | ~$51k |
| Downtown | ~$200 | ~69% | ~$50k |
| Wynwood | ~$190 | ~68% | ~$47k |
| Coral Gables | ~$195 | ~64% | ~$46k |
Larger homes multiply from there: 2-bedrooms typically earn 40–50% more than a comparable 1-bedroom, and 4–5 bedroom houses in the right location can clear several times these numbers.
What Drives the Spread
Two listings on the same street can differ by tens of thousands a year. The levers:
- Pricing strategy — minimum stays, booking windows, event pricing (Art Basel, F1 weekend, Miami Music Week) and seasonal curves matter more than the base rate.
- Listing quality — professional photos, the right title and amenity list directly move conversion.
- Reviews and history — established listings rank higher and can charge more.
- Property type and rules — a legal Miami Beach condo-hotel unit plays a different game than a Brickell condo or a Coconut Grove house.
- Operations — slow responses, cancelled cleanings and bad turnovers quietly kill ranking and repeat bookings.
The ~40% Gap: Optimized vs Unoptimized
Across the properties we analyze, the difference between a self-managed listing with default settings and the same property with an individually-built strategy is, on average, around 40% of annual revenue. It comes from stacked small wins: nightly rates that follow real demand, minimum stays that capture events without blocking shoulder nights, a listing that converts more of its views, and operations that protect ranking. That is exactly what our revenue optimization service does — for a 10% commission with no upfront payment (see pricing).
Get Your Property’s Number
Use the estimator below for a quick range — then request a free analysis and we will study your exact property, listing and neighborhood, and send a personalized estimate within 24 hours.