How Much Can You Really Make From an Airbnb in Miami? (2026 Data)

**TL;DR:** A median 4 bedroom short-term rental near central Miami grosses about $93,000 a year. The top 25% of listings gross at least $130,300. The top 10% gross at least $174,800, per AirROI market data on comparable short-term rentals near central Miami (Shenandoah / Coral Way area), pulled August 2026.

Two things before the table. First, these numbers anchor on the Shenandoah / Coral Way area. Miami is hyper-neighborhood-sensitive, so do not read them as Brickell numbers and definitely not as Miami Beach numbers. Second, legality comes before revenue here. The City of Miami permits short stays in higher-density zoning only, and most Miami Beach residential areas prohibit them outright. Confirm your address first. Then talk revenue.

What Miami Homes Actually Gross

A percentile is an entry threshold: the top 25% column is the gross annual revenue a home must clear to sit in the top quarter of earners. All figures are gross rental revenue, before management fees, cleaning, and expenses.

Bedrooms	Market median	Top 25% earn at least	Top 10% earn at least
2BR	$31,400	$44,600	$59,900
3BR	$50,500	$70,800	$94,900
4BR	$93,000	$130,300	$174,800
5BR	$108,800	$152,800	$205,000

Source: AirROI market data, comparable short-term rentals near central Miami (Shenandoah / Coral Way area), annual revenue modeled on trailing-12-month comp performance, pulled August 2026.

Notice where the leverage lives. The jump from 3 to 4 bedrooms nearly doubles the median. And within the 4 bedroom tier, the distance from median to top 10% is more than $81,000 a year on the same bedroom count. Miami rewards scale, and it rewards operators even more.

What Separates the Top 10%

The rate and occupancy thresholds tell the story. For 3 bedrooms, the top 25% ADR threshold sits at $346 and the top 10% at $443. Occupancy thresholds run 67% and 77% at the same tiers. For 4 bedrooms, the ADR marks are $643 and $825, with occupancy at 65% and 76% (AirROI, same pull). Rate and occupancy are separate distributions, so we never multiply them into a revenue claim. But the shape is clear: the top of this market runs premium rates and a fuller calendar at the same time.

Getting there is operational. Miami's demand arrives in compressed waves, and the top tier prices every one of them like the event it is. Daily pricing against live market data, not a rate set in October and forgotten. A listing positioned against the right comp set, because a Coconut Grove home, a Brickell condo, and a Coral Way bungalow book different guests at different windows. Photography and design that put the home at the top of its own comp set. And response times fast enough to convert the inquiry while the guest is still comparing tabs. Reviews then compound the advantage: more visibility, earlier bookings, stronger rate.

Nightly Rates in the Market

Here is where nightly base prices sit across the central Miami comp set.

Bedrooms	Median nightly	75th percentile	90th percentile	Sample
2BR	$178	$236	$310	150 listings
3BR	$323	$463	$799	143 listings
4BR	$593	$1,019	$1,110	57 listings

Source: PriceLabs neighborhood data, Airbnb comp set of 350 nearby listings, pulled August 2026.

The 4 bedroom sample is smaller, so treat that row as directional. The 3 bedroom spread is the one to sit with: the median listing asks $323 a night while the 90th percentile asks $799. That distance is design, positioning, and pricing discipline, and it is why flat-priced listings never see the top of this market.

The Miami Calendar That Matters

Miami runs a long premium season from December through April, layered with event weeks that compress supply across the whole county. Art Basel in early December fills quality homes at rates the rest of the year never touches. Miami Music Week, the boat shows, and the winter holidays each do the same thing on their own dates. A legal, well-run home captures those weeks at event pricing. An averagely run home rents them at March rates.

Snowbird demand carries the base of the winter season, with long stays from the Northeast, Canada, and Europe. Summer softens but stays alive on family and international travel. The operators clearing the top 10% threshold are the ones who treat each of those windows differently instead of running one price across all of them.

FAQ

How much does the average Airbnb in Miami make?

Near central Miami, the market median runs about $31,400 a year for a 2 bedroom, $50,500 for a 3 bedroom, and $93,000 for a 4 bedroom, per AirROI market data pulled August 2026. The top 25% of 4 bedrooms gross at least $130,300. Neighborhood moves these numbers a lot, so comp your specific address.

Is it legal to run an Airbnb in Miami?

It depends on the address. The City of Miami permits short-term rentals in higher-density zoning only, and most Miami Beach residential areas prohibit them, with heavy fines. Licensing stacks three layers: a Florida DBPR vacation rental license, a Miami-Dade Certificate of Use, and a city Business Tax Receipt. Confirm legality before you model revenue.

What taxes does a Miami short-term rental pay?

Plan for roughly 13% on every booking in the City of Miami: Florida's 6% state sales tax, the 1% county surtax, and 6% in Miami-Dade tourist taxes, per the county's published rates. Platforms remit part of this automatically, but county registration and records remain your responsibility.

The distance between a median Miami 4 bedroom and the top 10% is more than $81,000 a year in gross revenue. That gap is operational, which means it is closable. We confirm your legal status first, then run a property-specific projection against the same market data above. If you want to see what professional Airbnb management in Miami would do for your specific property, reach out. We will run the numbers with you.

Updated August 2026.

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