North Miami Beach Florida Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in North Miami Beach, Updated September 2023
Rent Your Vacation Home or Condo in North Miami Beach, Florida
When you're considering renting out your North Miami Beach home as a short-term rental, it's important to know what's popular among vacationers. In order to help you decide which trends are currently in demand, we've compiled a list of the most popular positive vacation rental trends in North Miami Beach. 1. Authenticity: When people are looking for a genuine vacation experience, they're increasingly looking for properties that feel like they're out of the city. This is why properties that are located in rural areas or small town are often popular among vacationers - they feel like they're getting away from the hustle and bustle of everyday life. 2. Urban Oasis: Another trend that's popular among North Miami Beach vacationers is the desire for an urban oasis. This means properties that offer a combination of nature and urban amenities, such as a pools and hot tubs in the backyard. These types of properties are perfect for those who want to be able to enjoy their vacation without having to worry about too much noise or traffic. 3. Flexible Rentals: As technology continues to evolve, more and more people are looking for properties that can be rented out on a flexible basis. This means that renters can book properties on a short-term or long-term basis, depending on their needs. This is especially beneficial for those who want to be able to income from their vacation rental without having to commit to long-term leases or share their property with multiple renters. By understanding these popular positive vacation rental trends in North Miami Beach, you'll be able to make the best decision for your property and your holiday guests.
When partnering with RedAwning for your property management needs, we can make sure your North Miami Beach rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in North Miami Beach
During the month of February, North Miami Beach and areas including Sunny Isles Beach, North Bay Village, Golden Beach, and North Miami Beach are projected to generate over $264/night for a 2 bedroom vacation rental, on average! There were 1,525 vacation active rental properties in North Miami Beach. 1,398 are renting the entire place, and 127 are shared rooms. On average, during the month of February 2023, each vacation rental property in North Miami Beach is booked 65% of the time, and most hosts are projected to generate $3,800 or more during the month of February! See how much you could earn with our free vacation rental income calculator.
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$264.00 Per Night*
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65% Occupied*
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$3,800.00 Per Month*
* Based on the median average of all vacation rentals in the North Miami Beach area.
Get a free estimate for your home or condo.
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Featured North Miami Beach Vacation Rental Generating Record Profits With RedAwning
Wonderful 3BR Ocean Reserve-Pool/Tennis- STR2068 Starting at $499 to $1,556 per night!
When you stay at our gorgeous & modern condo in Sunny Isles Beach you will quickly learn why everyone loves Miami - the sun, the sand and the amazing restaurants, bars and shops will leave you in awe!
This is a luxurious modern building in the heart of Sunny Isles offering a style resort atmosphere, tennis courts, pool with amazing views and beach access.
This 2 bedroom condo was recently remodeled and is very spacious with a King bed in the Master bedroom, 2 Queens in... Read More
This North Miami Beach vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in North Miami Beach.
Successful short-term vacation rentals in North Miami Beach, Florida
There are many positive vacation rental trends in North Miami Beach, Florida when you consider renting out your North Miami Beach home as a short-term rental. For starters, there is an increasing demand for vacation rentals that offer a more authentic experience. This means that rental homes that are closer to the city center, or that offer more unique amenities, are being favored by tourists. Additionally, home owners who are looking to monetize their properties through short-term rentals are finding that the market is ripe for their business. In addition, home owners who have renovated their properties in order to make them more appealing to tourists are seeing great success. By taking these simple steps, you can ensure that your North Miami Beach home is well-positioned to benefit from the growing trend of short-term vacation rentals.
When considering whether or not to rent out your North Miami Beach home as a short-term rental, it's important to keep in mind the latest vacation rental trends in the area. According to recent studies, there are several positive trends to watch for when it comes to vacation rental properties in North Miami Beach. For starters, demand for vacation rental properties in North Miami Beach is on the rise. This is likely due to the numerous attractions and activities available in the area, as well as the convenient location. Additionally, there are a number of affordable short-term rental options available in North Miami Beach. This means that even people who aren't familiar with the area can find a property that fits their needs. Another trend to watch for is the increasing popularity of vacation rental homes that offer unique amenities. For example, some properties offer access to an outdoor pool or fitness center. This gives renters a number of options for enjoying their stay, and it also contributes to the property's overall appeal. Overall, it's important to keep up with the latest trends when considering whether or not to rent out your North Miami Beach home as a short-term rental. By doing so, you're likely to find a property that meets your needs and meets the expectations of your guests.
RedAwning takes the guess-work out of North Miami Beach property management, and we work with you to ensure your North Miami Beach short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your North Miami Beach vacation rental could earn:
Revenue Projections for Vacation Rentals in North Miami Beach, Florida during March, 2023
Based on a 2 bedroom, which is the most common North Miami Beach vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in March. Higher bars below can command higher prices, if your North Miami Beach vacation rental is available during these days.
$42585%1st
$43085%2nd
$44985%3rd
$45484%4th
$43684%5th
$41483%6th
$41783%7th
$41983%8th
$43184%9th
$46886%10th
$46886%11th
$43985%12th
$43084%13th
$42984%14th
$43084%15th
$43483%16th
$46484%17th
$45283%18th
$42082%19th
$41282%20th
$41382%21st
$42782%22nd
$46083%23rd
$49684%24th
$48783%25th
$44781%26th
$39779%27th
$39579%28th
$38879%29th
$39880%30th
$41579%31st
Average Daily Price & Percent Occupied Next Month In North Miami Beach
Note: These averages are based on a 2 bedroom home in North Miami Beach. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
Interested in learning how you can maximize your vacation rental revenue in North Miami Beach, Florida?
If you are a speculative home buyer or have another home in Florida, check out our other Florida Vacation Rental Management reports in Bradenton Beach, Bradenton, Brooksville, Cape Canaveral, Captiva, Clearwater Beach, Clearwater, Clermont, Cocoa Beach, Dade City, Dania, Davenport, Daytona Beach, Englewood, Fort Lauderdale, Fort Myers, Haines City, Hollywood, Jacksonville Beach, Jacksonville, Jensen Beach, Key West, Kissimmee, Marathon, Marco Island, Miami Beach, Orlando, Miami, Naples, Navarre, New Port Richey, North Weeki Wachee, Palm Beach, Pompano Beach, Punta Gorda, Saint Petersburg, Sanibel, Sarasota, Satellite Beach, St. Augustine, St. Petersburg, Stuart, Surfside, Tampa, Vero Beach, West Palm Beach, Ft. Walton, Destin, Panama City Beach, Miramar, Siesta Key, Palm Coast, Flagler Beach, Georgetown, Datona Beach, New Smyrna Beach, Oak Hill, Melborne, Palm Bay, Fort Pierce, Delray Beach, Boca Raton, Brunswick, Hudson, Venice, Boca Grande, Bonita Springs, Everglades City, Okaloosa Island, Cape Coral, Daytona, Port St. Joe, Crystal River, Gainesville, Fort Myers Beach, Fort Walton Beach, Fernandina Beach, Santa Rosa Beach, Holmes Beach, Cape Haze, Saint Augustine, Miramar Beach, Treasure Island, Anna Maria, Inlet Beach, Navarre Beach, Inverness, Champions Gate, Hollywood Beach, Sunny Isles, Placida, Seacrest Beach, Rosemary Beach, Haines, Sunny Isles Beach, Indian Rocks Beach, Daytona Beach Shores, Okeechobee, Longboat Key, Reunion, Palm Harbor, Providence, Lake Buena Vista, Hernando, Cortez, Oakland Park, Melbourne, Seagrove Beach, Four Corners, Ft Myers Beach, Ormond Beach, Panama City, Crescent City, Largo, Davnport, Blue Mountain Beach, Saint Augustine Beach, Panama Beach City, Champion Gate, St. Pete Beach, Plantation, Kissimmiee, Kissimme, Marco Isand, Palmetto, Marco, Mirimar Beach, St Augustine, Hallandale Beach, Seminole, Indian Shores, Dvenport, Deltona, Dunedin, Ft. Myers Beach, Rotonda West, Lauderdale, Hainescity, Eastpoint, Grayton Beach, Seaside, Pensacola Beach, Lake Placid, Shalimar, Port St. Lucie, Winter Haven, Ocala, Pensacola, Wilton Manors, Davie, Port Richey, Ocoee, Horseshoe Beach, Margate, Lehigh Acres, Lake Panasoffkee, Cutler Bay, Haverhill, Lake Wales, Golden Beach, Sea Ranch Lakes, Port Charlotte, Miami Lakes, Floral City, Homestead, St. Cloud, Orange Park, Gulf Breeze, North Port, Lighthouse Point, Hawthorne, Tarpon Springs, Duck Key, Riviera Beach, Dunnellon, South Daytona, Tamarac, Tallahassee, Auburndale, Pine Hills, Sebastian, Brandon, Fernandina, Cape San Blas, Cabo Coral, Sebring, Fort White, Interlachen, Saint James City, Pt Canaveral, Doral, Indialantic, Ind Hbr Bch, Homosassa Springs, Ruskin, Plant City, Poinciana, Quail Heights, and Temple Terr, Florida or view all of our vacation rental market reports
