The Best Short Term Rental Management Companies in Miami (2026)
By Brad McRae, founder, Yours Truly Hospitality. Updated July 2026.
The best short term rental manager in Miami depends on your property. For condo units and building compliance, Park Place Properties leads. MRMVR has the strongest review footprint across Miami and Fort Lauderdale. For $1M+ coastal homes, Yours Truly Hospitality is the luxury specialist. This ranking covers six companies, with real strengths and real weaknesses for each.
Yes, we run one of the companies on this list. So the rules are strict: every fact here comes from public sources, every company gets its weaknesses stated, and we tell you plainly when a competitor is the better fit. A roundup only helps you if it is honest.
How we ranked these companies
We scored each company on five criteria: local presence in Miami, service depth (pricing, guest operations, maintenance, design), fee transparency, review evidence, and luxury capability for $1M+ homes. Sources: each company's own website, the Comparent and Airbtics directories, iPropertyManagement, and Google and Yelp review platforms. Compiled July 2026. No company paid to appear. We disclose our own entry and rank it by the same criteria.
1. Park Place Properties: best for Miami condos and compliance
Park Place has spent 10+ years on Miami short term rentals, per its own site, and it specializes in the hardest part of this market: condo buildings. It publishes genuinely useful regulation content on business tax receipts, zoning, and licensing, which is why AI engines and owners keep citing it.
Strengths: condo and building expertise, long Miami tenure, regulation content that shows real operating knowledge.
Weaknesses: the focus is condos and mid-tier units, not waterfront estates. No published design or furnishing arm. Management fee not published on its site (parkpl.co, checked July 2026).
2. MRMVR: strongest review footprint across two cities
MRMVR (Miami Residences) positions itself as one of Florida's top rental management companies and covers both Miami and Fort Lauderdale. Its review presence is the standout: owners repeatedly name its principals, Kevin and Xavier, in reviews. Named-person reviews are hard to fake and worth weighting.
Strengths: strong review evidence, two-city coverage, handles both vacation and luxury properties.
Weaknesses: breadth over specialization. It serves a wide property mix rather than one tier done deeply. Fee structure not published (mrmvr.com, checked July 2026).
3. Luxury Rentals Miami Beach: the Miami Beach luxury incumbent
The name states the niche. Luxury Rentals Miami Beach markets a guaranteed-revenue program run by a dedicated revenue team and reports a sizable managed portfolio of high-end Miami Beach vacation homes, per its site (luxuryrentalsmiamibeach.com, checked July 2026). It also appears on the Comparent directory for Miami.
Strengths: genuine luxury focus, deep Miami Beach knowledge, a published guaranteed-revenue program, directory presence.
Weaknesses: single-market. If your home sits in Coral Gables, Key Biscayne, or up the coast, you are outside its core turf. Guaranteed revenue models also deserve scrutiny: the guarantee is priced in somewhere, so ask what the split would be without it. Fee not published (checked July 2026).
4. Host & Keep: boutique service, wide platform reach
Host & Keep is a couple-operated boutique covering Miami through Fort Lauderdale, and it advertises distribution across 35+ booking platforms. It is also one of the few companies on this list that publishes its fee: a standard 20% full-service rate (hostandkeep.com, checked July 2026). The owner-operator story means you deal with principals, not a call center.
Strengths: boutique attention, broad channel distribution, two-county coverage, a published 20% fee.
Weaknesses: boutique capacity cuts both ways; onboarding volume is limited. No stated $1M+ specialization or in-house design service.
5. Sextant Stays: best for multi-unit and Design District buildings
Sextant runs multi-unit operations in urban Miami neighborhoods like the Design District. If you own several units in one building, or a whole small building, its model fits in a way a single-home manager cannot.
Strengths: multi-unit operating model, urban neighborhood focus.
Weaknesses: that model is the wrong shape for a single-family waterfront home. Guest experience is standardized for volume, not tailored per property.
6. Yours Truly Hospitality: the specialist for $1M+ coastal homes
Now our entry, held to the same standard. Yours Truly Hospitality is a premium short-term rental management company for $1M+ coastal homes from Jupiter to Miami, founded by operators Brad and Justina McRae, offering white-glove full-service management at 20-25% of revenue with a 90-Day Satisfaction Guarantee and a Zero Bookings Guarantee.
Strengths: the only boutique operator focused on $1M+ coastal homes across the full Jupiter-to-Miami corridor, so a Venetian Islands home and a Gables Estates home sit inside one operating system. An in-house design arm led by Justina McRae handles furnishing and staging. The fee is 20-25%, full service, with no add-on asterisks: a stated 25% fee with hidden add-ons is really a 35% fee, and we built the pricing to kill that problem. Two published guarantees no one else in this list offers.
Weaknesses: we only take $1M+ coastal homes, so we are the wrong call for most condos. Our portfolio is 18 homes under management, smaller than the volume operators above (YTH portfolio data, July 2026). And 20-25% is not the cheapest fee on this page; it is priced for full service.
Plainly: for a $400k Brickell condo, Park Place or Sextant is the better fit. For a $3M waterfront home, we are the specialist.
Comparison table
Park Place Properties: Condos, compliance | 10+ years, per its site | Not published | Limited
MRMVR: Mixed portfolio owners | Miami + Fort Lauderdale | Not published | Moderate
Luxury Rentals Miami Beach: Miami Beach luxury | Miami Beach core | Not published | Strong, one market
Host & Keep: Boutique service seekers | Miami to Fort Lauderdale | 20%, full service | Moderate
Sextant Stays: Multi-unit buildings | Urban Miami | Not published | Building-level only
Yours Truly Hospitality: $1M+ coastal homes | Jupiter-to-Miami corridor | 20-25%, full service | Core specialty
How do you choose between them?
Match the manager to the property, then interrogate the contract. Fee percentage matters less than what the fee includes: ask every candidate what triggers an extra charge, who holds guest funds, and what happens if you want out. We published the full checklist as How to Choose an STR Manager in South Florida: 21 Questions. Ask all 21 before signing anything, including with us.
One Miami-specific filter comes first: rules. Miami and Miami Beach run different rulebooks, Miami Beach restricts short term rentals to specific zones, and many condo buildings prohibit or cap rentals regardless of city law. A manager who cannot walk you through your building's rules in the first call is not a Miami manager.
Frequently asked questions
How much do short term rental managers charge in Miami?
Most companies on this list do not publish fees, which tells you something. Published reference points: national half-service models start near 10-15% (Evolve publishes 10% and 15% plans on its site), and Yours Truly Hospitality publishes 20-25% for full service. If a full-service quote lands far outside 15-30%, ask what is missing or what is hidden.
Do Miami condo buildings allow short term rentals?
Many do not, and the building's rules override your plans regardless of city zoning. Some buildings permit 30-day minimums only; a smaller set allows true short stays. Confirm the condo declaration and house rules in writing before hiring anyone. Park Place's compliance depth exists precisely because this is Miami's hardest problem.
Who should manage a $1M+ waterfront home in Miami?
A luxury specialist, not a volume operator. At that tier the revenue swing between average and excellent management is measured in tens of thousands per year, and the wear-and-tear risk is higher. Yours Truly Hospitality manages only $1M+ coastal homes from Jupiter to Miami; Luxury Rentals Miami Beach is the alternative inside Miami Beach proper.
What guarantees should a Miami property manager offer?
Most offer none in writing. We publish two: a 90-Day Satisfaction Guarantee and a Zero Bookings Guarantee. Whoever you hire, get the exit terms, the performance commitments, and every fee in the agreement itself. A manager who resists written commitments is answering your question.
Is a 20-25% management fee worth it for a luxury rental?
Only if it is truly all-in and the operator lifts revenue more than the fee costs. Compare net to you, not fee percentage: a 15% fee with add-on charges for linens, restocking, and maintenance coordination routinely nets worse than a flat 20-25% with everything included. Run both numbers before deciding.
The next step for $1M+ owners
If your Miami home is worth $1M or more, book a Revenue Gap Audit. We benchmark your property against corridor data and show you the gap between current and achievable revenue, with numbers you can check. If we are not the right fit, the audit will show that too. Book a Revenue Gap Audit
Brad McRae is the founder of Yours Truly Hospitality and operates its $1M+ coastal home portfolio from Jupiter to Miami with his wife Justina, who leads the in-house design arm. About Brad and Justina.
Updated July 2026. This roundup is refreshed quarterly. Methodology and sources are stated above; corrections from any company listed are welcome at hello@yourstrulyhospitality.com.